Tags : Tokens

Ethereum

Leading Tokens That Use the Most Popular Standard ERC-20

According to Ethereum data provider, Etherscan, there are currently over 830 projects which are based on the ERC-20 token standard with over 350,000 token contracts. This is undoubtedly the most popular standard for token issuance today. Some of the leading crypto projects with native tokens that are based on the ERC-20 framework include Chainlink (LINK), […]Read More

Market

Exchange Tokens Hit New All-time Highs as Stock Traders Rush

Some retail equities traders, frustrated with recent restrictions on stock buying on trading platforms including Robinhood, are turning their attention to centralized and decentralized cryptocurrency exchanges (CEX and DEX, respectively), according to new data. That’s helping to drive several of these exchanges’ tokens to new highs. Last week GameStop (GME) and and other stocks involved […]Read More

Blockchain

‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in

Bitcoin may be the original cryptocurrency, but that doesn’t mean leading decentralized finance (DeFi) projects aren’t feeling self-confident enough to distinguish themselves from Satoshi’s vision. “Let’s not be Bitcoin. This idea of hard caps for start-ups is very romantic but not necessarily the best execution path for maximal value,” a participant in Yearn’s governance forums, […]Read More

Cryptocurrency

Chainlink and Aave hit all-time highs: why are DeFi tokens

Chainlink and Aave, two major DeFi-related cryptocurrencies, are surging strongly in tandem with Bitcoin. Aave surpassed $200 for the first time in history, solidifying its position as the fourth-largest DeFi token behind Uniswap (UNI). Chainlink keeps its position as the biggest DeFi token by market capitalization, valued at around $9 billion. Why are Chainlink and […]Read More

Market

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens

Bitcoin was slipping Friday on lower-than-average volumes for 2021 so far. In other news, while BTC and ETH are up this year, some DeFi tokens are doing even better. Bitcoin (BTC) trading around $35,610 as of 21:00 UTC (4 p.m. ET). Slipping 9.4% over the previous 24 hours. Bitcoin’s 24-hour range: $34,425-$39,673 (CoinDesk 20) BTC […]Read More

Market

These DeFi Tokens Have Double-Digit Gains as Bitcoin’s Growth Tapers

As the recent price rally in bitcoin and ether cools down, investors and traders are taking a closer look at alternative tokens (“altcoins”), particularly those from the decentralized finance (DeFi) subsector. Multiple DeFi tokens this week saw double-digit gains, including 0x (ZRX), aave (AAVE), and maker (MKR). Prices for 0x were at $0.52 at the […]Read More

Market

Multiple Tokens See Rally Amid Looming ‘Alt Season’

As prices for bitcoin and ether retreat from their recent highs, the strong performance of other cryptocurrencies indicate traders and investors may now be turning to alternative coins (altcoins) for potential high returns. Data compiled by CoinDesk Research shows that as of Jan. 11, prices for both bitcoin and ether were about 87% and 78%, […]Read More