Yearn Finance (YFI) Slips Below $10K in DeFi Bloodbath; Breakout Ahead?

Yearn Finance (YFI) Slips Below $10K in DeFi Bloodbath; Breakout Ahead?

A splendid beginning for Yearn Finance in the third quarter is coming to an end with a brutal sell-off. The yield farming aggregator suffered a major blow this week as its governance token, YFI, plunged by 39 percent. In the last 24 hours alone, the cryptocurrency experienced a 10.35 percent price decline, a move that […]

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Yearn Finance (YFI) Climbs 16% Despite Crypto Bloodbath Elsewhere

Yearn Finance’s YFI rose by up to 16 percent in just two days of trading, even though its peers across the cryptocurrency market bled. The decentralized finance token formed an intraday high at $25,858 in the early trading session in London. At its weekly low, the YFI/USD exchange rate was as low as $17,605, according […]

Trader Lays Out “Worst Case” Technical Scenario For (YFI) (YFI), the decentralized finance (DeFi) darling that led the DeFi market upsurge in the third quarter, is stagnating. Technical analysts are now considering the worst possible scenario for the DeFi giant. A pseudonymous DeFi trader known as Aaron, who created Tokenviz, says YFI is currently sitting on a major support area. “Here’s my worst […]

Why Yearn.Finance Surged 21% in 1 Day Amid Strong DeFi Resurgence (YFI), the darling of the decentralized finance (DeFi) market, has surged 21% on the day. It is continuing to show strong momentum following a DeFi marketwide resurgence. There are several reasons behind the recovery of YFI. First, the project has announced major product updates and partnerships. Second, the DeFi market’s rebound is causing major […] (YFI) Invalidates Bullish Market Structure; Analysts Eye Furthe... used to be the darling of the DeFi sector, with investors pouring massive sums of capital into the YFI token while largely looking towards it to become one of the largest and most widely used platforms within the decentralized finance ecosystem. The sentiment surrounding the Yearn project began to shift a few weeks ago, […]

Yearn.Finance (YFI) Could Fall To $15K “If” Bitcoin Brings Down Crypto

Yearn.Finance (YFI) is one of the most talked-about cryptocurrencies of 2020, both due to its scarce 30,000 token supply and its miraculous price increase to more than 1 BTC in value. However, the DeFi token could fall to $15,000 or deeper if Bitcoin brings down the rest of the crypto market. Yearn.Finance, Other DeFi Tokens […]