Party Like It’s 2017: Whales and Degenerates of DeFi | Crypto Briefing

Key Takeaways

While DeFi has sound long term prospects, it’s currently driven by speculation
The number of DeFi users is quickly growing, but it’s still tiny and composed mostly of whales and risk-taking speculators
Roadblocks like Ethereum’s limited transactions per second obstr

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ALGO Increases By 85% in Two Days – Where to Next? – BeInCrypto

The Algorand (ALGO) price has increased by 85% since August 12, when it broke out from a long-term resistance level. Rapid Increase After Breakout The ALGO price has been moving upwards since March 13. The increase was gradual until August 2, when the price reached a low of $0.

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Data analyst: Ethereum transaction fees will put a “hard cap” on DeFi bull run | CryptoSlate

Ethereum’s decentralized finance (DeFi) community and market have seen exponential growth over recent months. According to CryptoSlate sector data, all DeFi coins in circulation are now worth $12.78 billion in aggregate; this sum was closer to $3-4 billion just two months ago.

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How Curve Finance’s CRV Token Launched Without Anyone Knowing | Crypto Briefing

Key Takeaways

Curve’s native token, CRV, was deployed on Ethereum mainnet without anyone knowing.
Early risk-takers managed to grab 80,000 tokens before Curve issued the go-ahead, upsetting many users.
Curve’s token was trading at a higher valuation than the blockchain it launched on.

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DeFi Project Spotlight: Curve Finance Officially Launches CRV Token | Crypto Briefing

Key Takeaways

Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stablecoins
Hype around the imminent release of the protocol’s native token has pushed the project into the spotlight
The team behind Curve are far from newcomers: It’s fo

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When Will the Correction End for XRP? – BeInCrypto

The XRP price has been decreasing since it reached a high of $0.326 on August 2. The move resembles a correction, which suggests that XRP will make a lower low before resuming its downward trend. Top of the Upward Move? The XRP price has been increasing since March 13.

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