Curve token jumps 50% amid squeeze on big short position

Curve token has bounced back from falling to a two-year low with a 50% rebound amid a squeeze on a big short position. The post Curve token jumps 50% amid squeeze on big short position appeared first on The Block.

Timeline of Curve-dao-token

The developers of decentralized exchange Curve Finance have released code and a whitepaper for the crvUSD stablecoin. The post Curve releases whitepaper and official code for its stablecoin appeared first on The Block.

Curve DAO Token (CRV) price dropped by a massive 24% from $0.537 to $0.407 level on Tuesday. However, as of now CRV price has recovered from this major dip and is trading in green.

An unknown trader took out a large loan on Aave to short the price of Curve DAO's token. The post Curve DAO token plunges 14% under heavy short-selling pressure appeared first on The Block.

The price of Curve Finance's native token, CRV, has been falling precipitously in recent weeks as the bears have pounced. The present bear market has been relentless in its assault on traders and investors.

Curve Finance's CRV didn't witness the best price action in the last 30 days and showed no sign of recovery CRV's on-chain metrics too had also been full of decreases and dormancy Curve Finance [CRV], which was the subject of a good performance some months back, had lost 30.

According to WhaleStats, Curve Finance [CRV] joined nine others as part of the top ten traded by Ethereum [ETH] whales on 4 November. The whale tracking platform showed that the top 100 whales had engaged about 5,000 CRV in trading activity within the period.

Curve Finance [CRV] stood tall amongst the rest as its Total Value Locked (TVL) surged incredibly as of 22 October. At the time of writing, DeFi Llama showed that CRV's TVL was $5.69 billion.

The Curve DAO Token (CRV) price has possibly completed its correction and will confirm this with a breakout from the current wedge pattern. The post Curve DAO Token (CRV) Price Aims for Breakout Above $1 appeared first on BeInCrypto.

The year is rounding up, and investors in the blockchain industry have seen the cryptocurrency marketplace value drop exponentially. Although the industry is on a downward slope, there are still some cryptocurrencies that are worth investing in before the end of 2022.

With the current liquidity provided at its February level, new data from the on-chain analytics platform, IntoTheBlock, revealed a consistent decline in key ecosystem metrics on Curve Finance.  Housed within the Ethereum network, Curve Finance is a decentralized exchange that focuses primarily on efficient stablecoin trading.