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During a bull market, negative news is quickly digested and the collateral damage is often limited. Therefore, even as XRP price dumped aggressively due to the uncertainty regarding the outcome of the U.S. Securities and Exchange Commission lawsuit, other altcoins have largely been unaffected.Crypto market data daily view. Source: Coin360Moreover, as Bitcoin’s
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Quick take:Timothy Peterson has pointed out that Bitcoin’s price is ahead of its fundamentals by 6 – 9 monthsHowever, this is not a big concern as it sometimes happens with technology in the limelightBitcoin has a high chance of breaking $20k. After this level, fundamentals will not matter $24k is possible
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Aave (AAVE) has rapidly become one of the best-performing crypto-assets over the past few days. From its lows
Read MoreBitcoin (BTC) could see further downward price pressure this week as network difficulty is set to drop the most in five months.Data from data resource BTC.com estimates that difficulty will drop by 8.3% at the next automatic readjustment in four days’ time.Difficulty set to repeat June readjustmentThe mining difficulty is
Read MoreBitcoin price has seen a healthy upward tick toward the $13,000 mark in the fourth quarter. At the start of the quarter, Bitcoin (BTC) was in the sub-$11,000 region, and from there, constant rises took the price to the $13,000 mark on Oct. 21 for the first time this year.The
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Aave’s LEND token, along with its new token AAVE, has dropped heavily in the past 24 hours despite
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Quick take:Willy Woo has pointed out that Bitcoin’s fundamentals ‘are in moon mode’On-chain data and metrics from infrastructure players hint that Bitcoin is on a path to a profitable Q4, 2020Bitcoin’s bullishness will spill over into 2021The opportunity to get into Bitcoin now is similar to that in mid-2016Veteran Bitcoin
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Ethereum has undergone a strong surge in the past 24 hours as buyers have stepped back into the
Read MoreOn August 28, Binance Futures launched its DeFi Composite Index, a basket of DeFi tokens that initially comprised 27% Chainlink (LINK) and 11% Aave (LEND) alongside nine other prominent DeFi tokens that made up between 6% and 9.5% of the index each. Updated weekly, the index now tracks 19 different
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It’s been a tough past few weeks for all leading decentralized finance coins. While Maker (MKR) — the
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