LEND, the native token of non-custodial lending platform Aave, fell almost 40 percent from its year-to-date top of $0.384. The plunge followed a steep 2,000 price rise that occurred amid a hype-oriented boom in the decentralized finance sector. Technical indicators, coupled with a rally in proof-of-work tokens, now suggest that the LEND downtrend may continue.…
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Bitcoin buyers seem to have returned after three months of inactivity. Just hours ago as of this article’s writing, the leading cryptocurrency inched above $10,300 for the first time since the early June highs. Holders of BTC were euphoric, to say the least. Although there are many reasons to believe Bitcoin has room to rally,…
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Bitcoin price could hit $120,000 in the coming years, according to a chart with alleged links to Citibank. The unverified image, first shared by Altana Digital Currency’s CIO Alistair Milne, depicts Bitcoin in a 2.5 years-long bull run. It also highlights the cryptocurrency’s potential to breach above $19,500 by 2021. A Bitcoin chart with links…
DetailsThe leading crypto spot and derivatives exchange platform OKEx has now started to accept the OK Blockchain Foundation’s global utility token OKB as collateral for C2C Loans. Apart from OKB, the platform also accepts collateral deposits in the form of Bitcoin (BTC) and ether (ETH), while keeping its options open to expand it further. With…
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Ripple traded to a new monthly high at $0.2252 against the US Dollar. XRP price is currently holding the $0.2145 support zone and it could rally above $0.2200. Ripple remained in a positive zone above the $0.2000 and $0.2100 levels against the US dollar. The price traded to a new monthly high at $0.2252 and…
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The crypto market’s ongoing uptrend first started a few weeks ago when altcoins began posting major gains. Their strength came about against a backdrop of stability seen by both Bitcoin and Ethereum. Despite BTC trading within a macro range between $9,000 and $10,000 since the start of May, the cryptocurrency is now vying to break…
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Ethereum has been caught within the throes of an intense uptrend throughout the past few days, with its price exploding from recent lows of $230 to highs of over $312 that were set earlier today. This parabolic price rise has sent the cryptocurrency surging past the heavy resistance levels that it was previously facing. It…
DetailsOver the past 24 hours, Cardano (ADA) has surged by 7%, reaching a price of $0.1485 as of this article’s writing. This is almost the highest that the asset has traded since the middle of 2018. Behind this news is an extremely strong fundamental event for the blockchain and its underlying cryptocurrency: the launch of…
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In the past few minutes, Bitcoin has crossed above $10,000 once again after consolidating at $9,900 for multiple hours. While it isn’t yet clear if BTC has flipped $10,000 into support, a prominent stock/futures trader is expecting a bigger breakout in the weeks and months ahead. This analyst went as far as to say that…
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Bitcoin rallied over 4% and it broke the key $10,000 resistance against the US Dollar. BTC is showing a lot of positive signs and it is likely to rise further above $10,200. Bitcoin gained bullish momentum above the $9,800 and $10,000 resistance levels. The price is now holding strong at $10,000 and it is well…
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