28 Sunday February 2021
  • About
  • Advertise
  • Submit Press Release
  • Contact Us
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • PriceIndexes
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • NewsletterDaily or Weekly
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • Vechain
      • DC Forecasts
    • Mining Calculator
      • Bitcoin Mining Calculator
    • WidgetsFree
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release
Newsletter
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
No Result
View All Result
28 Sunday February 2021
Newsletter
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • PriceIndexes
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • NewsletterDaily or Weekly
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • Vechain
      • DC Forecasts
    • Mining Calculator
      • Bitcoin Mining Calculator
    • WidgetsFree
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
No Result
View All Result
Bitcoin 24h
$45,208.17
-4.62%
Bitcoin 24h

$45,208.17
-2,087.15
-4.62%
Ethereum 24h
$1,409.52
-6.94%
Ethereum 24h

$1,409.52
-97.77
-6.94%
XRP 24h
$0.42
-7.61%
XRP 24h

$0.42
-0.03
-7.61%
Bitcoin Cash 24h
$459.59
-7.36%
Bitcoin Cash 24h

$459.59
-33.81
-7.36%
Chainlink 24h
$24.68
-8.95%
Chainlink 24h

$24.68
-2.21
-8.95%
Stellar 24h
$0.41
-10.58%
Stellar 24h

$0.41
-0.04
-10.58%
Cardano 24h
$1.32
-4.85%
Cardano 24h

$1.32
-0.06
-4.85%
Bitcoin SV 24h
$176.26
-5.79%
Bitcoin SV 24h

$176.26
-10.21
-5.79%
Litecoin 24h
$164.81
-6.55%
Litecoin 24h

$164.81
-10.79
-6.55%
Tezos 24h
$3.45
-10.17%
Tezos 24h

$3.45
-0.35
-10.17%
EOS 24h
$3.51
-8.23%
EOS 24h

$3.51
-0.29
-8.23%
Monero 24h
$217.67
-0.88%
Monero 24h

$217.67
-1.93
-0.88%
Neo 24h
$34.68
-10.50%
Neo 24h

$34.68
-3.64
-10.50%
TRON 24h
$0.05
-4.98%
TRON 24h

$0.05
-0.00
-4.98%
IOTA 24h
$1.14
-5.17%
IOTA 24h

$1.14
-0.06
-5.17%
Dash 24h
$196.41
-10.44%
Dash 24h

$196.41
-20.50
-10.44%
Ethereum Classic 24h
$10.37
-8.74%
Ethereum Classic 24h

$10.37
-0.91
-8.74%
Zcash 24h
$109.85
-10.97%
Zcash 24h

$109.85
-12.05
-10.97%
NEM 24h
$0.60
+4.78%
NEM 24h

$0.60
+0.03
+4.78%
Dogecoin 24h
$0.05
-3.86%
Dogecoin 24h

$0.05
-0.00
-3.86%
Binance USD 24h
$1.00
+0.01%
Binance USD 24h

$1.00
+0.00
+0.01%
Crypto.com Coin 24h
$0.13
-12.31%
Crypto.com Coin 24h

$0.13
-0.02
-12.31%
Cosmos 24h
$17.98
-10.84%
Cosmos 24h

$17.98
-1.95
-10.84%
Huobi Token 24h
$13.77
-16.90%
Huobi Token 24h

$13.77
-2.33
-16.90%
Maker 24h
$2,011.28
-2.73%
Maker 24h

$2,011.28
-54.87
-2.73%
Ontology 24h
$0.84
-11.46%
Ontology 24h

$0.84
-0.10
-11.46%
Tether 24h
$1.00
+0.15%
Tether 24h

$1.00
+0.00
+0.15%
UNUS SED LEO 24h
$1.90
-6.60%
UNUS SED LEO 24h

$1.90
-0.13
-6.60%
USD Coin 24h
$1.00
+0.05%
USD Coin 24h

$1.00
+0.00
+0.05%
VeChain 24h
$0.04
-6.81%
VeChain 24h

$0.04
-0.00
-6.81%
ADVERTISEMENT

Yearn Finance Switched To “Life Alert” After Failed Attempt To Hold Support

Stefan by Stefan
25/09/2020
in Altcoin News
2 min read
0
yearn finance switched
155
SHARES
1.9k
VIEWS
Share on FacebookTwitterWhatsappGmail
ADVERTISEMENT
ADVERTISEMENT

Yearn Finance switched to “Life Alert” mode after the failed attempt to hold stronger support levels and the plunge could get dramatic. Any attempt so far to hold the above support has been weak according to crypto analysts as we are reading more in the latest altcoin news.

The analysts claim that Yearn finance switched to “life alert” and is in danger of a much more drastic fall if the toke can’t manage to stay strong. The popularity in DeFi tokens such as LEND, UNI, and yearn.finance have been what’s been seen as the crypto market back towards profitability and out of the bear market slump. The trend became dominant in the crypto space and now the term DeFi outweighs all of the mentions of Ethereum in the media by a huge margin.

yfi/usdt
YFI/USDT Yearn.Finance Retesting Support Source TradingView

ERC20 tokens outgrew Ethereum’s market cap combined because of the high popularity and the profitability of the trends. Every new week, another DeFi token turned a small investment into a fortune. However now, the game is changing and the top Defi coins have been crashing more than people expected. It has also left YFI on “life alert” according to one crypto trader. YFI for example tumbled about four times the price of Bitcoin to just $22,000 per token and while it sounds expensive for any token to surpass BTC in price, YFI did for a short while. This achievement was enough to cause Yearn. Finance’s value to skyrocket in its early days but similarly to Bitcoin, it got overheated and is now pulling back.

yfi/usd
YFI/USD 24-Hour Price Chart (Source: Coingecko)

YFI/USDT found itself back falling to the support testes and it is now at risk of losing. If Yearn Finance loses this support level, it could fall back towards BTC prices. What also makes this token more valuable than bitcoin, regarding the price, is just like the leading cryptocurrency by market cap which is the digital scarcity. There are only about 30,000 YFI tokens making the little liquidity to enter the token supply into an explosive price action movement. This also works in reverse as the YFI holders can note right now. But when the Defi token turns back, it could be an investment of a lifetime because of the limited supply.

ADVERTISEMENT

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: defi tokenfeaturedlife alertsupportyearn financeYFIyfi priceyfi support
Share62Tweet39SendShare16
ADVERTISEMENT
Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

Related Posts

Chinese Private Banks, digital yuan, webank, crypto
Altcoin News

Chinese Private Banks Will Help With The Digital Yuan Rollout

28/02/2021
inverse finance, dola, anchor, lending
Altcoin News

Inverse Finance Launches Stablecoin Lending Protocol: Report

28/02/2021
crypto will change, cuban, defi, nft
Altcoin News

Crypto Will Change How Businesses Work: Mark Cuban

28/02/2021
mask network, airdrop, token, yap
Altcoin News

Mask Network Will Airdrop $30 Million Worth Of Tokens: Report

27/02/2021
OKEx Utility Token, okb, high, price, level
Altcoin News

OKEx Utility Token Surges To New ATH As Crypto Trends Continue

27/02/2021
Alpha Finance Lab, comp, bsc, binance, alpha
Altcoin News

Alpha Finance Lab Surges After New BSC And Compound Integration

27/02/2021

Discussion about this post

ADVERTISEMENT

  • Trending
  • Comments
  • Latest

VeChain Price Could Hit $9 In The Near Future: Analysis

09/02/2020
will tron reach

Will Tron Reach $1 In The Long Run: TRX Coin Price Prediction

29/04/2020

Will Cardano Reach $1,000 By 2025: Expert Review

11/05/2018
digital euro project

Digital Euro Project Favors IOTA Network More Than ETH Or XRP

21/06/2020

What Is Altcoin?

0
what is ethereum|What Is Etherum?

What Is Etherum?

0
What Is Cryptocurrency?

What Is Cryptocurrency?

0
thanksgiving weekend, bitcoin, btc, price

What Is Bitcoin?

0
Chinese Private Banks, digital yuan, webank, crypto

Chinese Private Banks Will Help With The Digital Yuan Rollout

28/02/2021
coinbase stocks, shares, exchange, CBSE

Coinbase Stocks Rise Continuously Ahead Of Public Listing

28/02/2021
Etsy CEO, silverman, btc, bitcoin

Etsy CEO Says BTC Is Not Ready To Be Used As Means Of Payment

28/02/2021
ethereum proponent, cardano, ada,market cap, sassano

Ethereum Proponent Claims Cardano’s Huge Market Cap Isn’t Justified

28/02/2021
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Facebook Twitter Google+ Instagram Youtube
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com

DC Forecasts provides a comprehensive source of the latest news about cryptocurrency news daily. Read more on our about us page for details.

News By Topic

Quick Search

No Result
View All Result

DC Forecasts Services

  • About
  • Advertise
  • Submit Press Release
  • Press & Media
  • Events
  • Careers
  • Partners
  • Free Widgets
  • Contact Us

© 2020 DC Forecasts - All Rights Reserved | Terms & Conditions | Privacy Policy | Cookies | Comments Policy | Sitemap | Newsletters | AdChoices

No Result
View All Result
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • Newsletter
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • Vechain
      • DC Forecasts
    • Mining Calculator
      • Bitcoin Mining Calculator
    • Widgets
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release

© 2020 DC Forecasts - All Rights Reserved | Terms & Conditions | Privacy Policy | Cookies | Comments Policy | Sitemap | Newsletters | AdChoices