Cream Finance, a platform in the decentralized finance (DeFi) sector, is experiencing an increase in value while the rest of the crypto market is facing selling pressure. In the last 24 hours, CREAM has surged by almost 8%, reaching $15.68. This represents a cumulative gain of 44% in the past month. The trading volume of $8 million confirms the growing interest in CREAM as a DeFi token.
Cream Finance has announced a partnership with Manifold Finance to build a liquid staking platform called mev.io. This platform aims to provide maximal value for staking ETH while contributing to network decentralization. The partnership leverages Manifold Finance’s experience in the Ethereum architecture to address the threat of manipulation in the network.
Investors can take advantage of a new liquidity pool for crUSDC:FRAXXBP on Cream Finance, which has the potential for over 70% APR. To join the pool, users need to deposit on the Ethereum Mainnet market at app.cream.finance to get crUSDC, which can be deposited or staked along with the LP token on Curve Finance.
Cream Finance is exhibiting a cup and handle pattern, indicating a potential breakout if it surpasses resistance at $19.5. However, caution is advised as the Moving Average Convergence Divergence (MACD) suggests possible influence from bears.
For investors looking for alternative options, Bitcoin Minetrx presents an opportunity for hassle-free mining. This newcomer uses a Stake-to-Mine mechanism that allows users to participate in mining Bitcoin (BTC) without concerns about equipment reselling or aging hardware. Bitcoin Minetrix has gained attention as a potential disruptor in BTC mining and offers immense gains after listing on exchanges.
Overall, Cream Finance continues to thrive despite market volatility, and Bitcoin Minetrix provides an alternative option for those interested in BTC mining.
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