Dogecoin Price Analysis – Active addresses, fees, and Google Trends hit new all-time highs
In early February, transactions per day hit a new multi-year high. Over the past few years, DOGE has had more transactions per day than Monero (XMR), Dash (DASH), and Zcash (ZEC).
Cardano Price Analysis – On-chain metrics hitting all-time highs
A quick comparison between coins using a staking mechanism shows Cardano first in market cap, total daily transaction volume, total fees, and GitHub commits on all repos over the past year.
Swerve Price Analysis – Decentralized exchange aims to reward community
Non-custodial decentralized exchanges have risen to prominence since mid-2020. Swerve and Curve Finance are unique amongst their peers, filling the stablecoin swaps niche exclusively. Technicals for the SWRV/USD pair show a bullish trend with prices over the 33-day EMA and four-hour Cloud.
Litecoin Price Analysis – Bullish trend metrics
Technicals for the LTC/USD pair reveal bullish trend metrics with the spot price above both the 200-day EMA and daily Cloud.
Curve Price Analysis – Stablecoin swaps
Non-custodial decentralized exchanges (DEXs) have quickly risen to prominence since mid-2020, along with the rise of various other DeFi mechanisms. Curve Finance is unique amongst its peers, filling the stablecoin swaps niche exclusively.
Balancer Price Analysis – Open-ended automated market-maker pools
Technicals for the BAL/USD pair show a bullish trend. In opposition to exchange curated pools and weights, any Balancer user can create variations of the 50:50 split typically found in automated market-maker pools.
Bitcoin Price Analysis – Tesla joins the fold
The Bitcoin price has hit all-time highs after Tesla announced on Monday that it has bought $1.5 billion in bitcoin. The disclosure follows Tesla CEO Elon Musk’s promotion of Bitcoin and other alt-coins like DOGE on Twitter.
Ethereum Price Analysis – All-time highs for on-chain activity and price
On-chain fundamentals including hash rate, difficulty, transactions per day, daily active addresses, and transaction fees all sit at or near all-time highs.
Ren Price Analysis – Thirst for BTC interoperability fuels wrapped asset protocol
The RenVM aims to bring BTC, and other coins, into the ERC-20 DeFi universe through the use of darknodes, or private order books. Technicals for REN/USD show a bullish trend with prices above the 200-day EMA and the daily Cloud.
Sushiswap Price Analysis – Growing DEX volume and bullish token technicals
Sushiswap trading volume has continued to increase month-over-month, with over US$12 billion traded on the platform in January alone.
Compound Finance Price Analysis – Nearly US$3.5 billion locked in
Nearly US$3.5 billion is locked in COMP Compound Finance, in a mixture of assets including Bitcoin, Ethereum, and Dai. This total value locked into contracts on COMP is the third-largest in crypto, behind MakerDAO and AAVE.
Uniswap Price Analysis – Bullish technicals for No.1 DEX
Technicals for both the UNI/USD and UNI/BTC pairs show a bullish trend with prices over the 33-day EMA and four-hour Cloud.
AAVE Price Analysis – Bullish fundamental and technical indicators
Similar to other crypto-based borrowing and lending platforms, AAVE has quickly become an integral part of the DeFi ecosystem.
Yearn Finance Price Analysis – v2 yVaults launch
YFI's position as a first-mover in the yield farming automation space has allowed it to maintain its position as a leading DeFi protocol. Onchain metrics and technicals, however, both lean bearish.
Synthetix Network Price Analysis – A strong uptick in on-chain metrics
Similar to MakerDAO and dai, Synthetix Network and synths have quickly become an integral part of the DeFi ecosystem. A vibrant staking platform and three separate DAOs managing protocol updates, treasury, and platform parameters ensure continued upgrades and maintenance for the next few years.
Binance Coin Price Analysis – A strong bullish trend
Technicals for BNB/USD suggest a strong bullish trend with the spot price above both the 200-day EMA and daily Cloud. Immediate upside targets sit at US$51 and US$63 based on yearly pivots.
