A call for the National Football League (NFL) to brace up to the NFT hype has been growing strongly lately from the community. NFTs also drive a unique type of economy for collectors and entertainers, driving in an immense amount of revenue for players involved.
Markets have rolled over after the COIN listing. A cascading liquidation event fueled this due to excess open interest. It was made apparent that this rally was fueled primarily by derivatives, and eventually, the market ran out of buyers.
BNB has entered parabolic ascent once again after breaking through its triangle consolidation at ~350. After breaking through 500, BNB has displayed exceptional strength heading into the new week in anticipation of the Coinbase IPO.
Part one of this two-part mini-series was about setting up MetaMask and bringing some BNB into the Binance Smart Chain ecosystem. This article will focus on setting up your first yield-earning liquidity positions that you can earn with and compound over time.
Crypto has seen a bit of a consolidation period for the past few weeks; this is nothing out of the norm. Prices can’t go up forever, and a healthy consolidation turns previous resistance into solid support.
If NQ can break the secondary downtrend and retake the 12,900 level, crypto should look EXTREMELY bullish. Overall, BTC and ETH look reasonably healthy, and I think many altcoins show relative strength against BTC and ETH.
I am expecting to see both ETH Defi and BSC Defi continue to grow, and I am not trying to pick favorites. I think every BSC portfolio should have a healthy allocation to Ethereum and its related projects.
I have seen a lot of community members active in our BSC.News telegram channel asking whether projects are safe, rug proof, good investments, etc. I’m just going to be honest in addressing this question in this article.
Yesterday's "sell-off" got absorbed quite quickly, leaving a ~5% wick on BTC. Buyers promptly stepped up and defended key areas of support during the liquidation event, maintaining my overall bullish market outlook.
Kebab Finance has put together a unique yield farming opportunity, and I’m obviously excited to get a strategy running on it. The team appears to be aggressively building, and I am looking forward to what they put out next.
This series will track each of the founders' individual investments, and one winner will be crowned after two weeks. The winner will receive 50% of all total profits, and BSCNews will give away the other 50% of profits.
For now, the growth of the ecosystem is outpacing the inflow of funds, keeping rates high and earning potential intact. I’m going to get it while the getting’s good and wait for market efficiency to catch up.
Parts 1 and 2 of the Yield Farm Portfolio Strategy focused on building the concept, and Part 3 now demonstrates a way to run a strategy geared towards the following: Capital preservation, Compounding yield, Position building, and Profit taking.