In DApps, daily active users is an easy metric to manipulate. Let’s review a few ways to cross-reference the authenticity of the metric.
Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO
The amount of crypto in USD values locked in decentralized finance has reached $32.8 billion, a new high.
Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share
The investor spotlight is now shining on DeFi tokens and trading.
Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
Market Wrap: Bitcoin Hits $34.8K While Ether Volatility Skyrockets
A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.
Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021
There appears to be strong support around $30,000, according to traders.
Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021
There appears to be strong support around $30,000, according to traders.
Market Wrap: Bitcoin Reaches $40.3K While DeFi Value Locked Inflates to Over $22B
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
Market Wrap: Bitcoin Stays in Tight Range but Gains Dominance as XRP Crumbles
With XRP’s sell-off, bitcoin’s dominance increases. However, the derivatives market hints at more volatility ahead for the world’s leading cryptocurrency.
Market Wrap: Bitcoin Slides Below $18K as ETH Is More Volatile Than BTC in 2020
Bitcoin slipped below $18,000 again Thursday as ether’s volatility in 2020 shows a different dynamic.
Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked
Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.
Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops
Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.
Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode
Bitcoin’s price is in a tight range Thursday while some investors are moving into ether.
Market Wrap: Bitcoin Briefly Drops Below $18K While ETH Uncouples From BTC
Bitcoin’s price is gyrating Monday while ether targets the moon.
Market Wrap: Bitcoin Hangs Around $18K While Ether Locked in DeFi Declines
Bitcoin’s price pulled off the bull road for a rest stop Thursday while ether holders pull out of DeFi.
Market Wrap: Bitcoin Hits $18.4K; $260M in Ether Options Expire in December
Bitcoin’s price is making gains not seen since back in 2017 while traders increasingly bet on ether’s December performance.
Market Wrap: Bitcoin Breaks $17.8K, Outperforming Ether in November So Far
Bitcoin is at price levels not seen since 2017, and it is outperforming ether in November.
Market Wrap: Bitcoin Hits $16.2K; Uniswap Crosses $3B Locked
Bitcoin’s price is making gains for the second day in a row as investors park more crypto in decentralized exchange Uniswap.
Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi
Bitcoin’s price was close to $16,000 Friday but lost momentum while ether locked in DeFi is on a downward trend.
Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD
Bitcoin’s price bounced Wednesday as Ethereum transaction fee data shows a DeFi downturn.