Friday, November 8, 2024
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Bitcoin ‘overconfidence reigns’ but bulls must reclaim $27.8K — Trader

Bitcoin (BTC) needs to reclaim one key moving average to “regain its bullish status,” one popular analyst argues.In analysis issued to subscribers on Aug. 22, CryptoCon warned that bulls remained too optimistic over $26,000 BTC price support holding.20-week EMA as BTC price line in the sandBitcoin staged a modest recovery

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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization – Altcoins Bitcoin News

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked (TVL). Makerdao’s DAI Regains the Top Decentralized Stablecoin Position This

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