Tags : Surges

Cryptocurrency

Aave surges 50%: What’s behind the meteoric rally?

AAVE, the native governance token of the Aave lending protocol, rose by over 50% within the past day. The rally comes as the entire DeFi market sees a major rally from an overall increase in appetite for the sector. The 30-minute price chart of Aave. Source: AAVEUSD on TradingView.com Why is DeFi and Aave rallying? […]Read More

Market

Bitcoin Surges to $37K After Elon Musk Adds Crypto to

Bitcoin witnessed a sudden double-digit spike to 10-day highs on Friday. The top cryptocurrency picked up a bid near $32,000 at around 08:30 UTC and jumped to $37,050, the highest level since Jan. 19, according to CoinDesk 20 data. The 15.7% rise happened in less than 15 minutes and more than reversed the early dip […]Read More

Cryptocurrency

Bitcoin surges a day after Grayscale reopens deposits, and it’s

The price of Bitcoin has recovered strongly overnight, rising from around $34,000 to $38,500. The 10% rally coincides with Grayscale reopening its products. Last month, Grayscale closed its products for new investors. Since Christmas, the Grayscale Bitcoin Trust did not report any additional inflow as a result. The Grayscale Bitcoin Trust is the go-to investment […]Read More

Altcoin

Curve Collateral Surges to $1 Billion Following DAO Launch

Crypto collateral on the Curve Finance DeFi platform has spiked to almost a billion dollars propelling it up the total value locked list to third place. The influx of capital came after a rather perplexing deployment of its governance token and DAO on Thursday. Last week it was Yam—but now it’s Curve Finance’s taking the […]Read More