The Reserve Bank of India's forex swaps, to avoid directly impacting cash in the system as it supports the spiralling rupee, and the arbitrage between the offshore and onshore markets have inverted the dollar/rupee forward premiums curve.
The crypto market recently experienced a sharp decline of almost 500 billion, while Bitcoin even shed about 8% of its value. However, the altcoin market saw almost a 10% to 20% dip. Amidst this turbulence, experts have accumulated 8 top altcoins with strong potential for gains in the next bullish cycle.
Sushi Labs managing director Jared Grey is outlining what's next for the multichain decentralized exchange (DEX) SushiSwap (SUSHI). Grey notes on the social media platform X that the Sushi decentralized autonomous organization (DAO) passed a comprehensive governance overhaul in April that will use a “multi-token ecosystem mandate to launch new Sushi products.
CRV, the native cryptocurrency of decentralized lending and borrowing protocol Curve Finance, has become the top-performing altcoin out of the top 100. In the last 24 hours, CRV's price has increased by approximately 10%.
With the price of Bitcoin dropping below its $98k mark, the Ethereum price has plunged ~5% in 24 hours with a trading volume of $64.92 billion. However, top ETH-based tokens have defied all odds and have maintained bullish price action this week.
SUSHI has soared by 22% following the announcement of the 'Treasury Diversification Proposal.
SushiSwap (SUSHI) token recently reached a yearly high of $2.64, capturing significant attention in the crypto market before undergoing a slight correction to $2.26 at press time, credited to the profit-taking behaviour of investors.
SushiSwap's 2025 roadmap expands with products like Kubo, Susa, and Blade, aiming to improve DeFi with cross-chain integration.
TL;DR Sushi DAO plans a 2025 of expansion with new products such as Wara, Susa, Kubo, and Blade to improve trading and expand its reach. The platform aims to expand beyond Ethereum, focusing on Solana and other blockchain ecosystems to strengthen its presence.
Sushi's DAO's CEO, Jared Grey (aka head chef), took to X (formerly Twitter) to share Sushi's plans for 2025 as well as the project's accomplishments in 2024. In April 2024, Sushi DAO, the community governance structure behind SushiSwap, a decentralized exchange (DEX) on the Ethereum blockchain, implemented a far-reaching governance overhaul.
Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.
The Curve DAO token saw significant growth as December started, emerging as one of the top gainers over the past month. Curve DAO (CRV) rallied 500% in 30 days, reaching $1.33 with a market cap of $1.
Here is how some of your favorite assets concluded the week.
Bitcoin's price soared to a new all-time high this week, surpassing the eagerly awaited $100,000 mark, which led to a significant surge in the altcoin market. This surge followed a slight dip in Bitcoin's value, creating a rush among investors to switch to altcoins.
TL;DR Curve DAO (CRV) is a decentralized exchange for stablecoins, using automated market makers and non-custodial smart contracts to manage liquidity and stabilize pool prices. Price predictions for CRV from 2025 to 2030 vary widely, reflecting market volatility and uncertainty, with forecasts ranging from conservative to highly optimistic.
Sushi DAO plans to diversify Sushi treasury tokens from 100% SUSHI to a mix of 70% stablecoins, 20% blue-chip tokens, and 10% DeFi tokens.
Sushi DAO, the organization governing the Sushi Swap decentralized exchange, has proposed diversifying its treasury assets. Under the proposal, Sushi's treasury will go from 100% SUSHI tokens to a mix of stablecoins and other assets.
Curve DAO (CRV), a decentralized finance (DeFi) platform, has become one of the most discussed tokens in the crypto market. With its focus on efficient stablecoin trading and liquidity pools, CRV has garnered attention from both retail and institutional investors.
The cryptocurrency market is witnessing a significant rally, but it's not the usual suspects like XRP or ADA that are dominating the headlines. In the wake of Bitcoin's approach to $100,000 and broader market optimism, a few lesser-known coins have been quietly making impressive gains.
The cryptocurrency market is buzzing with excitement as Bitcoin (BTC) reaches an all-time high of $100,000, marking a major milestone. This surge has fueled optimism across the crypto space, with several altcoins seeing significant price jumps. The Sandbox (SAND), and Curve DAO Token (CRV) are among the top gainers, up by 20% and 10% respectively.
Today, the cryptocurrency market is fueled by bullish momentum as Bitcoin (BTC) reaches $100,000 for the first time. After approximately two weeks of consolidation, BTC has finally surpassed the $100K resistance level.
CRV has become a focal point for market participants following its recent price movements.
Curve DAO (CRV) has extended its weekly gains by 145% after surging more than 40% in the past 24 hours. Tuesday's statement of Curve's stablecoin scrvUSD launch on Spectra triggered the ongoing bullish wave. Curve DAO is a DEX for stablecoin that utilizes an AMM (automated market maker) to control liquidity.
As December begins, Injective surges over 82% year-to-date, hitting new ATHs with bullish momentum continuing.
Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.
Injective has launched a new automated token burn mechanism powered by its AI agent technology. The system, which went live this week, allows participants to participate in weekly INJ burns through simple text commands.
As Bitcoin (BTC) price struggles to reach $100k, the altcoin industry, excluding Ethereum (ETH), has been gaining bullish momentum in the past few weeks. The rise of Ripple Labs-backed XRP to the third most valuable cryptocurrency by market cap has reminded investors of the high volatility in the altcoin space.
One of the biggest moves comes from BlackRock, the world's largest asset manager. They've partnered with Curve and Elixir on a $533 million DeFi fund.
The crypto economy is hovering around $3.41 trillion on Saturday, with core dao (CORE) stealing the spotlight by jumping 31.92% against the U.S. dollar. CRV, ENS, and THETA followed suit, climbing between 28% to 31%. Meanwhile, act 1: the ai prophecy (ACT) took a 13.39% dip, while peanut the squirrel (PNUT) slid 5.
Curve Finance has launched Curve-Lite, a decentralized exchange (dex) powered by the Ethereum layer two (L2) scaling solution Taiko, emphasizing scalability and cost-effectiveness for decentralized finance (defi) users. Curve-Lite: A Scalable Defi Solution Debuts on Taiko Curve Finance has introduced Curve-Lite, a decentralized exchange (dex) instance utilizing the L2 Ethereum scaling solution Taiko.
The upcoming year is expected to be highly volatile for AI coins as the new administration implements policies to tackle economic challenges.
Injective's native token, INJ, has recently seen a significant surge in trading volume, reaching an 8-month high of $741.29 million over the last 24 hours. This sudden spike has caught the attention of many crypto investors, prompting questions about whether INJ is on the verge of a breakout or if it's simply experiencing a temporary surge in trading activity.
Token holders can mint deUSD against BUIDL, BlackRock's onchain money fund, and swap on Curve, a popular DEX.
As the Bitcoin price is gaining strength and appears to be self-composed to revamping a decent rally to $100K, some of the altcoins have reached the edge of the consolidation. Bittensor (TAO) & Injective (INJ) coiled up consistently, suggesting a strong rise could be fast approaching.
INJ demonstrated signs of profit-taking, despite rising Open Interest and the recent volume surge.
Injective has recently announced some great updates and news. Now we can add that Injective also made it to the Coin50 Index.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Decentraland's native cryptocurrency, MANA, has seen an astonishing 70% increase in value over the past week, reaching its highest price in nine months. This surge is part of a broader movement within the Metaverse sector, where virtual world-related tokens are experiencing a revival.
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications.
Have yourself a merry crypto Christmas, and discover the latest Christmas meme coin, Aelf crypto, as the ELF price has shot up +92% over the past month.
Non-fungible tokens are gradually rebuilding momentum with MANA and SAND now soaring to new weekly highs.
This will allow people to share, trade, and launch memes between two of the fastest blockchain networks: Solana and Injective. This makes it easier than ever to move memes between these two chains with just one click.
South Korea's second-largest crypto exchange Bithumb has launched KRW trading pairs for Biconomy and Puffer Finance. This marks a significant milestone for both projects.
MANA, Decentraland's native cryptocurrency, has seen an impressive 70% price increase over the past week. This MANA crypto price surge is part of a broader rally in Metaverse-related tokens, which has caught the attention of the market.
With the broader market recovery, the altcoin segment has been set ablaze. In this heating demand, the Metaverse tokens are making a comeback. With Decentraland and Sandbox tokens surging nearly 200% in the past three weeks, the bull run is aiming for an extended rally.
Recently Kyle Doops, host of Crypto Banter's Trading Show, has revealed many new altcoins that weren't part of previous market cycles. While altcoins haven't yet broken out, he sees strong signs of a potential surge. Kyledoops believes that once key resistance levels are breached, dips could present buying opportunities.
The non-fungible tokens (NFTs) sector has seen prolonged underperformance as trends such as meme coins, RWA, and AI dominate the cryptocurrency marketplace. However, the emerging bull run, where Bitcoin stares at the $100,000 milestone, has invigorated each sector. CryptoSlam data shows NFTs performed well over the past few sessions.
For quite a long time, NFT space remained under shadows as the newly created space has dominated the crypto markets. Moreover, the rising interest of the market participants in memecoins had prevented the other segments of the crypto space to thrive.