Decentralized finance (DeFi) protocol Curve has been tweaking its mathematically complex algorithm to introduce dynamic automated market making.Read more
Curve Dao Token (CRV) has been moving downwards since April 16, but has bounced at the long-term $1.24 support area.
There are no bullish reversal signs present, but the wave count shows a potential completed correction.
CRV returns to January levels
CRV has been moving downwards since April 16.
Uniswap (UNI) has been decreasing since reaching an all-time high price of $45, on May 5. However, it has bounced at the $34.60 support area.
Binance Coin (BNB) reached a new all-time high price, on May 10.
Decentralized finance protocol Curve Finance has launched a new pool for Ethereum and synthetic Ethereum (sETH) swaps and liquidity provision.
The pool allows liquidity farmers to deposit Ethereum and synthetic Ethereum in order to earn additional yields.
Decentralized finance-related tokens are in recovery mode this weekend, with big bounces from some of the leading protocols. YFI is leading the pack with a gain of almost 75% at one point. The gains have since been whittled down to 55%.Read more