Yearn Finance’s YFI Hits $50K Before Bitcoin as Grayscale Shows Interest
Yearn Finance’s governance token YFI reached a new milestone on Friday as its price crossed over the $50,000-mark for the first time in history. The gains appeared as Grayscale Investments, a New York-based cryptocurrency management firm, registered an LLC for a prospective Yearn Finance Trust. That prompted traders to raise their bids for YFI, given […]
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Yearn.finance’s price has been caught within the throes of an intense downtrend throughout the past week, which came about due to various factors. The weakness seen throughout the aggregated DeFi sector certainly contributed to the decline Yearn.finance’s governance token – called YFI – has seen as of late, but it appears to have been sparked […]
Yearn.finance’s YFI token is once again going parabolic, with investors pouring massive capital into it as its price rockets towards $30,000. This marks a massive rise from its recent lows of $7,500 set just a few days ago, with buyers taking full control of the cryptocurrency as they aim to send its price rocketing towards […]
Yearn.finance’s price has seen some turbulence in the weeks following its intense rally to all-time highs of over $40,000. The governance token for the Yearn ecosystem – YFI – has been largely consolidating in the time since, with both buyers and sellers being unable to spark any sustained trend. This may be due to YFI […]
Yearn finance’s recent partnership with Badger DAO, cross-platform DeFi integration and a potential Grayscale Investments YFI security back YFI’s rally to a new high. In the early hours of Feb. 11 Yearn.finance (YFI) experienced a high volume spike which pushed the price to a new all-time high at $45,900. Data from Cointelegraph Markets and TradingView shows that YFI hit a swing low at $33,638 on Feb.10 before experiencing a 26% breakout of 26%. The move appeared to be motivated by a corporate registration filing with the State of Delaware which showed Grayscale Investments registering the....
Grayscale Investments, the world’s largest digital asset manager, has filed to register a new cryptocurrency trust for Yearn Finance (YFI).