AAVE shows bullish signs with EMA55 and EMA89 crossover and trading above MA200 on the weekly chart. Potential 800% growth projected from AAVE’s current price to a new all-time high, driven by strong market trends. In his most recent analysis, Popular TradingView analyst Alan Santana underlined in great detail that the long period of consolidation…
From $3.4 billion at the beginning of the year, this is a 300% increase in lending activity. As for other indicators, fees have increased by 48% to $40.34 million. Aave, a pioneering protocol in decentralized finance (DeFi), has reached a significant milestone: $10 billion in active loans. From $3.4 billion at the beginning of the…
Leading decentralized finance (DeFi) protocol Aave has achieved a remarkable milestone, hitting $10 billion in active loans. It marks a 300% rise in lending activity from the start of the year when the figure stood at $3.4 billion. DeFi Renaissance Data from the on-chain DeFi tracking platform Token Terminal shows that in the last 30…
November 17, 2024 at 02:20 AM GST updated: November 16, 2024 at 07:59 PM 5 mins read Press Release Cryptocurrencies have revolutionised the financial landscape, offering innovative solutions for digital transactions, investments, and decentralised finance. If you’re looking for the Top 10 Crypto Investments of 2024, these ten cryptocurrencies—led by Qubetics—are at the forefront of…
Aave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network. Governance Proposal: Aave V3 Deployment on Spiderchain The governance proposal, authored by ACI, aims to integrate Aave V3 with Spiderchain, an Ethereum Virtual Machine (EVM)-compatible layer…
Este artículo también está disponible en español. Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with…
November 12, 2024 at 02:30 AM GST updated: November 11, 2024 at 07:17 PM 6 mins read Press Release The cryptocurrency market is expanding rapidly, offering a variety of promising projects for those looking to invest in long-term growth. Identifying the top 7 cryptos to buy before 2024 ends for the savvy investor can lead…
November 11, 2024 at 09:00 PM GST updated: November 11, 2024 at 07:35 PM 4 mins read Press Release In the bustling crypto scene, AAVE, TRON, and BlockDAG are making waves, each showcasing unique attributes. AAVE is undergoing an exciting phase with its V4 protocol overhaul, coinciding with a robust uptick in market value that’s…
AAVE showed bullish momentum recently, as observed in its aggressive rebound off the $130 level, swiftly reclaiming the range high around $180. This action confirmed strong buyer interest at lower prices, effectively turning previous resistance into a support zone. The surge propelled it through several resistance levels without notable retests, indicating an overwhelming bullish sentiment….
November 9, 2024 at 08:30 PM GST updated: November 8, 2024 at 09:38 PM 6 mins read Press Release The cryptocurrency market is a hotbed of innovation, with new projects constantly emerging and challenging the limits of what blockchain technology can achieve. From enhancing transaction speeds and security to creating decentralised financial systems and novel…
November 9, 2024 at 02:23 AM GST updated: November 7, 2024 at 04:14 PM 3 mins read News Lido DAO provides liquid staking for ETH, allowing staked ETH to earn rewards while remaining tradable through stETH, enhancing DeFi flexibility. Injective offers MEV-resistant order books for transparent DeFi trading, with cross-chain support to broaden ecosystem interoperability….
November 8, 2024 at 07:00 PM GST updated: November 8, 2024 at 06:34 PM 4 mins read Press Release The crypto market is shifting, and alternative coins are gaining momentum. Several undervalued cryptocurrencies are showing signs of explosive growth. This article reveals five digital assets that could increase in value by 100 times. Uncover these…
BlockTower Capital’s crypto investments’ current valuation is $16.3 million. Uniswap (UNI) is the dominant DeFi token in the firm’s portfolio. Crypto investment firm BlockTower Capital reportedly purchased $7 million in prominent DeFi tokens from various crypto trading platforms in the last 12 hours, as tracked by blockchain analytics platform Lookonchain. As Lookonchain reports, the firm’s…
November 7, 2024 at 05:00 PM GST updated: November 7, 2024 at 02:56 PM 4 mins read Press Release In the dynamic cryptocurrency market, Aave (AAVE), Arbitrum (ARB), and BlockDAG each present compelling developments that draw the interest of the crypto community. Aave shows promising signs of a surge to $220 thanks to bullish trends,…
November 7, 2024 at 03:45 AM GST updated: November 6, 2024 at 01:03 PM 2 mins read News Known for speed and scalability, they are ideal for NFT platforms seeking efficient and cost-effective operations. Its DAG technology provides unmatched transaction speed and reliability, boosting the NFT ecosystem. Offers cost-effective Ethereum layer-2 scaling, balancing low fees…
November 4, 2024 at 11:25 PM GST updated: November 4, 2024 at 08:55 PM 2 mins read News AAVE’s recent price surge to a two-year high is facing a momentum slowdown as investors weigh external macroeconomic factors, particularly upcoming elections. While AAVE has achieved strong sentiment, market optimism is waning amid economic and geopolitical concerns,…
November 2, 2024 at 11:15 AM GST updated: November 1, 2024 at 08:18 PM 2 mins read News Aave: Hints at potential correction, but analysts predict a significant price growth soon. Cosmos: Possible breakout above $5.51 resistance, but risks fall to $3.73 support. Avalanche: Recent upgrades and grants drive positive sentiment, boosting investor optimism. Curious…
AAVE struggles below the $200 resistance amid market volatility and price dip. Technical indicators suggest potential buying opportunity for traders seeking recovery. AAVE has experienced a challenging 24 hours, with its price dipping 5% to a six-day low of $140 amid a broader market slump. Currently trading at $143, the token has seen an 8%…
Over the past week, we have seen strong Aave performance, with its price gaining 2.20%. This growth rate outpaced the growth of the other cryptocurrencies in the Polygon ecosystem, which stagnated through the same period. If it breaks out of its current bullish pennant pattern, World of Charts suggests that it would not be a…
Aave tested a bullish pennant trendline resistance, hinting at a potential price breakout. Following a strong rally from $95 to $170, the crypto encountered this technical barrier, which often serves as a decision point for traders assessing the next price movement. On the 12-hour chart, Aave’s price action signaled strength, positioning it near key resistance….
The Ethereum-based cryptocurrency lending protocol Aave is witnessing a rapid increase in Coinbase Wrapped Bitcoin (cbBTC) flows into its platform due to a new incentives program involving the asset. While this reflects growing liquidity and rising adoption of the wrapped Bitcoin product on Aave, the market analytics platform IntoTheBlock says it poses a risk to…
October 31, 2024 at 04:15 AM GST updated: October 30, 2024 at 11:24 AM 3 mins read News Bitcoin SV emphasizes scalability and stability, aiming to process tens of thousands of transactions per second. Dogecoin’s appeal grows with its fun, meme-based origins and support from notable figures like Elon Musk. THORChain facilitates decentralized cross-chain asset…
October 24, 2024 at 01:23 AM GST updated: October 23, 2024 at 11:34 AM 3 mins read News Aave allows users to lend and borrow crypto, providing discounted fees through its governance token, AAVE. Crypto.com’s CDCETH token combines liquidity and staking, enabling users to earn rewards without unstaking their assets. Nexo’s ecosystem enhances digital asset…
AAVE has integrated the GHO stablecoin with Chainlink’s CCIP. Expectations remain high for AAVE prices to rally, judging by the ecosystem outlook. The successful launch of algorithmic US dollar-pegged stablecoin “GHO” on the Aave protocol has stirred breakout anticipation of the native token. Aave also aims to improve GHO stability and prioritize architecture for cross-chain…
October 23, 2024 at 04:15 AM GST updated: October 22, 2024 at 02:08 PM 3 mins read News Aave allows users to lend and borrow crypto, providing discounted fees through its governance token, AAVE. Crypto.com’s CDCETH token combines liquidity and staking, enabling users to earn rewards without unstaking their assets. Nexo’s ecosystem enhances digital asset…
October 20, 2024 at 10:20 PM GST updated: October 20, 2024 at 06:01 PM 4 mins read Press Release Certain cryptocurrencies are drawing the attention of major investors, signaling potential significant growth. Some tokens have landed on the watchlists of big market players, suggesting possible returns as high as 120 times the initial investment. Delving…
October 19, 2024 at 03:45 PM GST updated: October 19, 2024 at 03:32 PM 4 mins read News Some emerging cryptocurrencies are catching the eye of analysts who believe they could outperform Solana in the coming year. These altcoins are being hailed as potential high-return investments, with the chance to turn a modest sum into…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…
October 18, 2024 at 10:45 PM GST updated: October 18, 2024 at 10:05 PM 4 mins read Press Release A prominent cryptocurrency expert forecasts a major surge in alternative digital currencies. An exciting new phase for altcoins could be approaching. This analyst has unveiled top picks that are set for significant growth. The article explores…
October 18, 2024 at 04:30 PM GST updated: October 18, 2024 at 03:38 PM 4 mins read Press Release Imagine turning a modest $800 into a staggering $1.2 million by 2026. Analysts suggest that certain cryptocurrencies could make this possible, potentially surpassing Ethereum’s impressive growth. This article uncovers these promising digital assets, offering insights into…
October 17, 2024 at 05:30 AM GST updated: October 17, 2024 at 12:02 AM 3 mins read Press Release Blockchain technology’s rapid growth has sparked significant investor interest as decentralised finance revolutionises industries. With the current state of blockchain, new possibilities are opening up, creating exciting opportunities for both innovation and investment. Qubetics enhances this…
October 15, 2024 at 01:00 PM GST updated: October 15, 2024 at 11:44 AM 5 mins read Press Release In a crowded crypto market, six coins stand out as essential for building a $10 million portfolio by 2026: Rexas Finance, Aave, Terra, Kaspa, Cosmos, and VeChain. Each offers unique technology and real-world utility, making them…
A whale spent over two days slowly buying up AAVE tokens, totaling around $7.45 million. This marks a bullish sentiment towards DeFi and AAVE, which have also seen generous price movements in the past few days. A high-profile investor, known as a ‘whale,’ has been scooping up AAVE, as data from cryptocurrency exchanges shows. In recent…
According to the cryptocurrency analysis firm LookOnChain, an Aave (AAVE) whale has purchased 16,818 coins worth around $2.59 million. The whale previously purchased 31,173 coins, worth about $4.8 million, on Sunday, Oct. 13, 2024. The wallet has purchased $7.45 million worth of the coin in just two days. Also Read: VeChain Weekly Price Prediction: Can…
Leading DeFi protocol, Aave (AAVE) crypto, has been on a roll this week, with a 12% price rise. A combination of increasing demand and a rise in whale inflows fuels this surge. For the past few weeks, the AAVE price continued to trade in a significant uptrend. It has formed higher high rows. This week,…
The Trump family-backed World Liberty Financial, a financial technology firm, has announced plans to launch a decentralized finance (defi) protocol designed for widespread adoption. The company aims to integrate blockchain technology and a community-driven governance system to offer an accessible platform for both seasoned and new defi users. A Global Defi Platform? World Liberty Financial…
Former President Donald Trump‘s World Liberty Financial (WLF) DeFi project may add over $100 million in revenue to Aave DAO’s treasury if the lending protocol approves a pending proposal. On Oct. 10, WLF submitted a plan to deploy an Aave V3 instance. This would offer liquidity for Ethereum, Wrapped Bitcoin, stablecoins, and potentially other digital…
Former US President Donald Trump’s newest crypto project, World Liberty Financial (WLFI), is eyeing a launch on the Aave Ethereum Mainnet. Indeed, the decentralized finance project debuted on September 18th but is now facing a new proposal that will launch it on Aave V3 if approved. The endeavor is yet another foray for Trump into…
Donald Trump’s decentralized finance (DeFi) project, World Liberty Financial, has submitted a proposal to AaveDAO, seeking approval to launch its platform as an instance on Aave v3. Trump is employing this strategy to join the DeFi space after announcing borrowing and lending services on Ethereum network. Potentially, the partnership may introduce new users and liquidity…
Donald Trump’s crypto project, World Liberty Financial (WLF), has submitted a proposal to the Aave governance forum. The former president and his business partners plan to use the platform for their cryptocurrency offering. The submission aims to establish WLF’s services as an instance on Aave, with the protocol providing the necessary underlying infrastructure. In return,…
World Liberty Financial (WLF), the decentralized finance (defi) project backed by former President Donald Trump and his family, has submitted a proposal to Aave’s governance forum, seeking approval for the launch of an Aave v3 instance on the Ethereum mainnet. The proposal, subject to community and governance approval, aims to boost defi adoption through increased…
Blockchain analytics platform Santiment has spotted some crypto projects with a significant spike in whale activity this past week. These projects gained attention due to their discouraging whale transaction level compared to the prior week. The spotted crypto projects include Cronos (CRO), Aave (on Polygon and Optimism), and Toncoin (TON), among others. CRO, AAVE, TON…
October 6, 2024 at 09:20 AM GST updated: October 6, 2024 at 12:39 AM 3 mins read News Aave offers flash loans without collateral, supporting multiple cryptocurrencies. Yearn Finance automates yield farming to maximize returns across DeFi platforms. MakerDAO enables borrowing DAI by locking assets as collateral for decentralized loans. Decentralized Finance (DeFi) has changed…
October 6, 2024 at 07:23 AM GST updated: October 6, 2024 at 01:05 AM 2 mins read News Solana combines PoH and PoS consensus mechanisms to enhance scalability in decentralized finance. The Superintelligence Alliance merges three AI-focused cryptocurrencies to capitalize on the growing AI sector. THORChain facilitates permissionless asset swaps across multiple networks while ensuring…
Grayscale Investments, the biggest Asset Manager globally, has introduced a new investment fund focusing on Aave’s governance token AAVE. This has resulted in AAVE price change as well. The Grayscale Aave Trust is intended to offer qualified investors access to AAVE. This new fund comes at the back of Grayscale’s growing suite of single-asset investment…
October 4, 2024 at 04:55 AM GST updated: October 4, 2024 at 03:44 AM 2 mins read News Grayscale Aave Trust offers SEC-accredited investors direct exposure to AAVE, adding to its diverse crypto investment products. Aave platform reports $12B in TVL, bolstering its reputation as a leading DeFi protocol for decentralized lending. Following Grayscale’s Aave…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Grayscale, a leading crypto asset management firm, continues to expand its range of investment products. In an official announcement, Grayscale revealed that it will be launching Grayscale Aave Trust, a new fund that provides exposure to Aave’s native token AAVE. This new offering underscores Grayscale’s commitment to diversity its…
The Grayscale website states that the current net asset value (NAV) per share is $13.88. The asset under management (AuM) for the fund is $151,281. After Grayscale announced the launch of its Grayscale Aave Trust, the price of AAVE has started to rise again. Institutional investors will have the opportunity to invest in the decentralized…
Grayscale has announced the launch of the Grayscale Aave Trust—a crypto investment fund focused on the DeFi lending protocol Aave, according to an Oct. 3 statement. Following the announcement, Aave’s token (AAVE) saw a 3% increase within the last hour, reaching $143, according to data from CryptoSlate. However, the token has declined by over 16%…
Este artículo también está disponible en español. Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect…