Donald Trump's victory in the U.S. presidential election appears to be the primary driver behind DeFi protocols' notable outperformance.

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.

Spot On Chain's data revealed that Curve's founder, Michael Egorov, made a huge repurchase of 1.08M CRV a little over five hours ago. He bought the CRV tokens at $1.114 each for $1.2M, which marked his first major buyback since the June liquidation.

The Curve DAO Token appears to be gearing up for a major rally as Curve Finance Founder Michael Egorov has recently bought $1.2 million of CRV tokens. The CRV price is holding firm at $1.10 and could be eyeing a rally to $2 and beyond, according to market experts.

Chainlink and Aave prices have done well, becoming some of the top crypto coins in the ongoing bull run. LINK is up by 250% from its August lows, while AAVE has surged by 600% from the year-to-date low.

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.

Raydium, the well-known DEX native to the Solana blockchain, has once again surpassed Uniswap in monthly trading volumes.

If you're into crypto, you've likely heard the buzz around Raydium's RAY token. Its massive 665% rise this year has caught everyone's attention. From dominating Solana's decentralized exchange to smashing revenue records, Raydium has positioned itself as a key player in 2024. What brought so much fuel to the token, let's find out.

Raydium surged 23% to $5.57, supported by bullish patterns, increased inflows, and record-breaking DEX volume dominance in November.

Raydium's native token, RAY, has surged an impressive 665.45% in 2024, cementing its status as one of the year's top-performing cryptocurrencies. The platform recently overtook Uniswap in monthly DEX volumes, fueled by a $23 billion spike within a single week.

As bullish US CPI data fuels Bitcoin price back above $100,000, the biggest Solana DEX Raydium is again in the spotlight after crushing Uniswap's monthly trading volumes

Raydium's success is tied to Solana's dominance in DEX volumes, with Solana capturing nearly 50% of the market in November.

Raydium, the largest automated market maker (AMM) on Solana, managed to overtake Uniswap as the top platform by monthly trading volume.

One of the better-performing cryptocurrencies in 2024 has, perhaps unexpectedly, been Raydium (RAY). Apart from two notable instances where sharp moves to the upside were seen in March and July, the asset has been subject to range-bound price movements for most of 2024.

In November 2024, Raydium, a decentralized exchange (DEX) native to Solana, surpassed Uniswap in terms of monthly volumes for the second consecutive month, according to a crypto report. Discover the impressive figures behind this success!

While digital assets see a sigh of relief with Bitcoin jumping above $98,000, altcoins are swiftly rebounding. Raydium's RAY led the gainers within the past day, following a 29.24% price surge. Besides the ongoing broad market recovery, bullish ecosystem developments contributed to the alt's outperformance in the past 24 hours.

Meme coin trading was a key driver of Raydium's volume with meme coins accounting for 65% of Raydium's monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row.

TL;DR Raydium has emerged as a dominant force, consistently outperforming Uniswap in monthly trading volume and capturing a significant share of the market. In November 2024, Raydium processed approximately $124.6 billion in trading volume, surpassing Uniswap's $90.5 billion, largely due to its strong presence within the Solana ecosystem.

Matt Kreiser, a research analyst at Messari, reported that Raydium had eclipsed Uniswap to become the top DEX by trading volume across all chains for two consecutive months. Solana's Raydium(~$125B) outperformed Uniswap (~$91B) in monthly DEX volume by almost 30%.

Solana DEX Raydium surpassed Uniswap in trading volume for two months straight, hitting $124.6 billion in November—a 30% lead!

Billionaire Ray Dalio expressed concerns about rising debt levels in major economies, warning that a looming debt crisis could undermine the stability of various currencies.

Solana-native Raydium beat Uniswap in decentralized exchange trading volumes in October and November, according to Messari.

The CEO of Memeland turned memes into cultural currency with 9GAG. Now, he's using crypto to transform them into tools for engagement and community.

Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets.

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.

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.

RAY drops to $5 amid increased sell pressure on centralized exchanges.

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.

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.