AMERICAS Cloudy Amazon, payrolls and a flatter curve
A look at the day ahead in U.S. and global markets from Mike Dolan
Keep up with what's happening in the crypto world in real-time.
A look at the day ahead in U.S. and global markets from Mike Dolan
Curve DAO (CRV) is emerging as one of the more notable decentralized finance (DeFi) tokens, with its decentralized exchange (DEX) focusing on stablecoins and liquidity pools. In recent years, as the DeFi sector has witnessed substantial growth, the Curve DAO token has seen increasing attention from traders and investors.
Investors are dialling back bets on near-term rate cuts in China, the derivatives market shows, as expectations grow that policymakers will refrain from easing policy when the yuan is weakening.
Is strong network growth enough for CRV to reverse its recent losses?
Curve Finance, a decentralized exchange (dex) focused on stablecoin trading, ended 2024 with $2.4 billion in total value locked (TVL) and a doubled user base, growing from 30,000 in 2023 to 60,000. Bridging Institutional Capital Into the Defi Ecosystem According to a 2024 Curve Finance analysis shared with Bitcoin.
As 2025 begins crypto market is all set for new bull runs , it's the time to look at DeFi space in a more legitimate light. No longer is it the same niche that people were intimidated by due to its multiple underlying complexities.
Curve DAO (CRV), a well-known token in the decentralized finance (DeFi) space, has had an exciting week. With a 24.79% price surge, CRV has reignited optimism among investors.
CRV made a strong upswing over the past week, hiking by 24.79% as bullish momentum strengthens.
Curve DAO (CRV) has recently defied the broader cryptocurrency market trends, posting gains for three consecutive days. Amidst a sea of red, CRV has surged by 7.33% over the past 24 hours, trading at $0.836.
Curve Dao has defied the crypto market trend with CRV gaining for three consecutive days.
Story Highlights The live price of the CRV token is . The Curve DAO price could hit $1.92 in 2025. CRV price with a potential surge, may reach $7.08 by 2030. With an intensified bullish price action in the cryptocurrency market, the altcoins are doing well.
Donald Trump's victory in the U.S. presidential election appears to be the primary driver behind DeFi protocols' notable outperformance.
Of course, nobody knows the future, least of all when it comes to crypto prices.
Michael Egorov, the founder of Curve Finance, has once again experienced a liquidation of his position in Curve (CRV), just days after a significant repurchase aimed at propping up the token's price. The liquidation occurred following a market drawdown, leading to the loss of 918.83K CRV, valued at over $898,000.
TL;DR Michael Egorov, founder of Curve Finance, suffered an $882,000 liquidation in CRV due to a 12% drop in its price in 24 hours. This liquidation adds to a history of losses, including a $140 million liquidation in June, related to an attack on the UwU Lend platform.
Cryptocurrencies endured a bloodbath following the Fed's hawkish tone on Wednesday. Despite the expected 25 bp interest rate reduction, Jerome Powell plunged markets with negative remarks. Besides signaling a more cautious stance when navigating further policy rate adjustments, Powell dented the hopes of the highly-awaited Bitcoin Reserve.
CRV drops 13% amid liquidation claims involving founder Egorov. Egorov denies allegations, linking tokens to prior “uwu” hack receipts.
Curve Founder Liquidation: Michael Egorov's $882K CRV position was liquidated after a 12% drop in the CRV's price within 24 hours.
Curve founder Michael Egorov played down the $882,000 liquidation on X.
Currently ranked 90th among cryptocurrencies by market capitalization, CRV has a market cap of $1.18 billion and a trading volume of $512 million.
Curve DAO Token (CRV) has been in the spotlight recently after claims about a major liquidation involving its founder, Michael Egorov. While Egorov has denied the claims, blockchain data hints at a more complex narrative. Meanwhile, CRV has seen a sharp 13% dip, leaving investors in fear of a potential drop ahead.
According to Spot On Chain's X post, Curve Finance founder Michael Egorov purchased CRV worth $1.2 million (108 million coins) on December 17. While the substantial buyback appeared timely as markets eyed the Santa rally, Fed-driven sell-offs have seen Egorov enduring massive liquidations.
Michael Egorov's wallet marked a CRV token liquidation for 918.83K CRV, adding pressure on the token price.
Curve DAO Token (CRV) faced a sharp price drop, leading to the liquidation of CurveFI founder Michael Egorov's account. Recent reports showed that he lost 918.83K tokens worth $882.66K amid the 12% decline in CRV's value over 24 hours.