DeFi token KAVA has caught investors’ attention following its 170 percent rally in the third quarter. Luke Martin, a cryptocurrency analyst, listed two reasons why KAVA/USD should continue its bullish momentum in the coming sessions. One of them is its potential listing on US-based crypto trading platform Coinbase Pro. KAVA is trading 170 percent higher…
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Bitcoin is currently growing incredibly strong from a technical and fundamental perspective. One indicator of the digital asset’s fundamental strength is the massive exchange outflows seen throughout the past several weeks. The trend has been picking up steam as of late, and just a couple of days ago, the balance of BTC within exchange wallets…
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Last week, all eyes were on Bitcoin: the leading cryptocurrency had just cracked past $10,500 for the first time since February and had entered a steep uptrend. But over the past few days, BTC has stagnated. This lack of volatility has made some focus back on altcoins, hence why coins like Band and Zcash are…
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BAND, the native token of a decentralized oracle of the same name, surged by up to 100 percent this week. The rally appeared in the days leading up to BAND’s listing on Coinbase Pro, a US-based crypto trading platform. Nevertheless, the DeFi token now stands overbought according to its technical positioning. It ensures an imminent…
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Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Ethereum Classic (ETC) price drops after reports of a 51% attack. (Source: TradingView.com) However, almost a week on, further investigations have revealed that the attacker managed to double-spend…
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Like many other large-cap altcoins, Stellar Lumens (XLM) has performed well against Bitcoin and the U.S. dollar over recent weeks. Per data from TradingView, the asset is up by 58% against the dollar. And over that same time frame, it is up 24% against Bitcoin. While a positive sign for the cryptocurrency, an analyst in…
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The blockchain-powered advertising technology platform, AdEx Network has announced a major update that marks its foray into the DeFi space. It involves the deployment of an updated ADX token contract on the Ethereum network to enable token staking and security mining, along with availability of built-in flash loans. The updated ADX contract enhances the tokenomics…
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It seems that the days of explosive crypto gains are back. In the span of about five minutes, Band Protocol (BAND) gained approximately 45% against the U.S. dollar as buying volume surged. The chart below is from Alex Kruger, an analyst in the cryptocurrency space. It shows that the asset jumped from the $5.40 high…
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Tezos (XTZ) has been seeing some incredibly strong price action throughout the past several days and weeks. Still, its momentum has shown some signs of slowing over the past 24-hours as it consolidated within the lower-$3.00 region. Nevertheless, the boost that its recent surge provided to its market structure is likely to be enough to…
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One of the best-performing crypto assets of the past 24 hours has been Zcash (ZEC). According to data from Trading View, the cryptocurrency has gained 12% over the past day’s trading session, outperforming Bitcoin’s 4% gains and Ethereum’s 2.5% gains. Analysts expect the altcoin, which was one of the worst performers throughout the 2018 bear…
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