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Will ETH hit $10k this year?

27 Jan 2021 1 minute read 0 comments Bfab

According to a Coinbase report dated January 22, 2021, the interest of the professional investors in Ethereum significantly increased in 2020. These investors buy ETH because they believe in the network potential value and the coverage against inflat...

Will the global crypto market cap hit $1 trillion today?

25 Jan 2021 1 minute read 0 comments Bfab

How much is the global crypto market cap? It is precisely today USD 995 billion, a 4.78% increase over the last day. Where does it go? Please look at the graph below. There are two options: (i) it will continue to increase or (ii) it will decrease, l...

Will Bitcoin crash?

24 Jan 2021 1 minute read 5 comments Bfab

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 Bfab

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 Bfab

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 Bfab

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 Bfab

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 Bfab

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 Bfab

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 Bfab

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...