DecryptLab
DecryptLab

DecryptLab

Demystifying blockchain, AI, and quantum technologies...


Will Bitcoin crash?

24 Jan 2021 1 minute read 5 comments BreakdownFab

Bitcoin dominance is currently decreasing towards 60% and could even go lower according to the daily candles as shown on the graph below. Bitcoin has increased so much recently that it has attracted newbies, urging the whales to swap their BTC for ET...

Bitcoin less risky than Tesla?

22 Jan 2021 1 minute read 2 comments BreakdownFab

That's the conclusion of a recent survey: 56% of 627 respondents surveyed by Deutsche Bank last week claimed that BTC price more likely to halve in a year, and 25% said it's more likely to double, according to a report by Marketwatch. Meanwhile, 62%...

Should you buy cryptos before the weekend?

22 Jan 2021 1 minute read 0 comments BreakdownFab

An article from Bloomberg last year mentioned that "Weekends are the Wild West for Bitcoin, but Nobody Knows Why". However, several reasons were mentioned to explain why weekends are good for Bitcoin, and these reasons are still valid in January 2021...

Is it still worth buying Bitcoin?

22 Jan 2021 1 minute read 0 comments BreakdownFab

Usually, when BTC crashes, altcoins crash even more. In the last 24 hours, many altcoins did better than BTC as shown below (24 hr variation vs. BTC): Among them, XTZ, DOT, LINK, BTCST, INJ and YFI performed pretty well, with YFI making nice waves b...

Will YFI hit 1 BTC today?

21 Jan 2021 1 minute read 0 comments BreakdownFab

Yearn Finance has lost some ground in favor of the other DeFi protocols in the last few weeks, e.g. Alpha Homora which is now also around $300m TVL. However, its upside potential remain huge, since its TVL has not been affected by the latest BTC cras...

AAVE & COMP are has-beens - To be replaced by FOR & XVS

17 Jan 2021 1 minute read 2 comments BreakdownFab

What is the minimum amount of investment to really make money on Aave and Compound protocols if you take into account gas fees? Below 10k bucks, it is not even worth it. If you want to invest less than that into DeFi, the Binance Smart Chain will all...

Chainlink will make you happy

15 Jan 2021 1 minute read 3 comments BreakdownFab

While all eyes are turned towards Bitcoin and the growing Polkadot, the Chainlink token LINK is growing significantly too... and almost silently. Why is it growing suddenly? Because Paxos has announced they adopt Chainlink oracles for their new DeFi...

Injective Protocol INJ - Incredible potential

14 Jan 2021 1 minute read 4 comments BreakdownFab

Hopefully you already know the Injective Protocol. Otherwise, it is still time to learn. According to their description on CoinMarketCap: Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized d...

RAMP is taking off - Where is the limit?

13 Jan 2021 1 minute read 0 comments BreakdownFab

Hopefully you already know the RAMP DEFI project. Otherwise, it is still time to learn. According to their description on CoinMarketCap: RAMP DEFI proposes that the staked capital on the non-ERC20 staking blockchains be collateralized into a stablec...

Don't miss this opportunity

11 Jan 2021 1 minute read 0 comments BreakdownFab

As expected, Bitcoin & altcoins have dumped. It is a logical and healthy correction: the parabolic growth coud not last forever, a correction was required. The main questions are: where will it stop and what is the best strategy? This kind of correct...