The recent bout of buying in the Yearn Finance market accompanies meager volumes, suggesting there are not enough buyers backing YFI’s price rally.
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The recent bout of buying in the Yearn Finance market accompanies meager volumes, suggesting there are not enough buyers backing YFI’s price rally.
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Its “decentralized” Treasury has more than $45 million and would pursue similar YFI buybacks in the future.
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Traders have flocked into the Yearn Finance’s YFI markets as their upside opportunities in other top tokens subside.
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Enso raises $5 million from top funds and YFI price hits a new record high as the demand for DeFi yield rises.
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After weeks of aggressive selling, YFI looks primed for a move to $60,000 before Bitcoin.
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YFI price can break above $50,000 if Bitcoin continues to consolidate in the near term.
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Raoul Pal says higher risk altcoins are likely to follow Ethereum, which rose 60% in the first two weeks of 2021.
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