Cryptocurrency News
While most altcoins are currently weak amid latest dip, Aave appeared highly bullish following a recent monthly price break. However, it has lost buzz a bit today, but the price still looks strong on a weekly scale. Breaking below the crucial $80 support near $70 in July, Aave saw a […]
AAVE has surged more than 20% in the past week, driven by several key factors. 1. Launch of Version V3.1: Aave recently launched version V3.1 across all networks, significantly improving the protocol’s security, operational efficiency, and usability. 2. Strong Financial Performance: Aave’s financial health is robust, with the protocol generating […]
This year, $AAVE has quietly doubled its Total Value Locked (TVL) to an impressive $21 billion. Active loans, revenue, and fees have surged, outpacing market capitalization growth and cementing $AAVE’s position as a dominant force in the Web3 lending market. Lending Market Dominance: Over the past three years, $AAVE has […]
Render (RNDR), Aave (AAVE), and Maker (MKR) have recently seen significant increases in address activity, suggesting potential bullish trends for these altcoins. Historically, rising levels of wallet interactions on blockchain networks are often early indicators of future price gains. Six hours ago, the Render Network project’s multi-signature address transferred 1.6 […]
This month, Aave V3 saw a dramatic spike in liquidations, with $10 million liquidated in a single day, the highest amount since April. This surge in liquidations has contributed to a downward spiral in asset prices, as the selling pressure from these liquidations exacerbates market declines. $10M was liquidated in […]
A recent cyber alert has detected multiple suspicious transactions involving the @DoughFina account. Following communication with the AAVE team, it has been confirmed that AAVE pools remain unaffected by these activities. The attacker, who was funded through Railgun, managed to swap all the stolen $USDC into $ETH, resulting in a […]
The $AAVE lending platform remains the leading protocol where borrowers and lenders can create a money market without intermediaries or custodians. Remarkably, $AAVE has been in an accumulation zone for 777 days, marking the longest accumulation period for any fundamentally strong cryptocurrency, underscoring its robust support. The Sleeping Giant is […]
In a notable trend, $76.95 million worth of six Ethereum ecosystem tokens—$LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE—have been withdrawn from centralized exchanges (CEX) by fresh wallets and first-time accumulators in the past week. $76.95M worth of 6 #Ethereum ecosystem tokens, $LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE, have been […]
Whales in the crypto realm have recently shown a keen interest in three specific tokens – UMA, LDO, and AAVE, according to on-chain reports. UMA has been a standout performer, delighting investors with an impressive surge of over 190% in the past week and a remarkable 289% increase over the […]
Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable […]
The world of decentralized finance (DeFi) is experiencing a surge in lending protocols, with Radiant Capital ($Rdnt) leading the pack with an impressive 188% surge in coin performance in 2024. Notably, $QI, $SILO, and $WELL are following closely, each experiencing over 100% growth. Among lending protocols in the DeFi space, […]
Recent data from Lookonchain highlights a notable increase in the accumulation of tokens like Aave ($AAVE) and Maker ($MKR), with prominent whales taking a leading role in this renewed interest. The accumulation, particularly by a whale wallet identified as “0x04e9,” raises expectations of a potentially bullish movement for these cryptocurrency […]
Aave has been gaining traction for some days as it printed a new high in two months. It appeared to be changing the trend following a notable surge above a multi-month resistance line. More gains lie ahead! Going back to the second quarter of 2022, when Aave witnessed a heavy […]
As Bitcoin briefly surpassed the $28,000 mark to kick off October, the cryptocurrency market witnessed several price rebounds, offering a brief window of profit-taking opportunities. Among the numerous altcoins in the market, three specific ones – Aave ($AAVE), Cardano ($ADA), and Curve DAO Token ($CRV) – garnered significant attention as […]
Crypto winter is upon us, and chances are crypto markets will continue to trade sideways and experience bearish momentum for the next few months. One of the best ways to hedge against the downward trend is to convert your crypto holdings to stablecoins and lock them on yield farming platforms […]