Cryptocurrency Analysis and News Portal
The rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report.A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid growth in DeFi in 2020 has created the potential for money laundering
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Ethereum is facing risks of undergoing a massive plunge as it partially confirms a bearish flag pattern. The technical
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Wednesday saw a flurry of deposits onto exchanges, indicating some investors are trying to offload their bitcoin. That could further propel prices downwards. Source
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The bitcoin aka BTC market is expanding day by day and year after year, its performance on the charts has so far been bullish. Investing in BTC and taking part in the fortunate run of the Bitcoin is the preferred choice of almost all crypto investors. But investing in this
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As the price of Bitcoin (BTC) couldn’t break through the resistance level of $12,000, a retracement did not come as a surprise. In recent days, BTC/USD pulled back to $11,400, a correction of almost 10%.Crypto market daily performance snapshot. Source: Coin360Meanwhile, gold, silver and other commodities are also correcting due
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The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting. Source
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The DeFi craze may have finally gone too far, leading investors into disaster as some top industry analysts
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Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows.Goldman Sachs’ Dollar and Gold PredictionsAmerican investment bank
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A prolonged period of low volatility is setting Bitcoin towards a big price move. The short-term bias for the cryptocurrency remains neutral as it trades inside a $300 trading range. Nevertheless, three separate technical indicators put Bitcoin at the risk of breaking lower towards $8,500. Buckle up, Bitcoin traders! The sailing from here could
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After years of underperformance compared to the rest of the crypto market, XRP has been pumping from bear market lows. But just as the altcoin reaches a key level on its Bitcoin trading pair, an ominous sell signal has triggered. Will the recent rally in Ripple fully retrace as pumps have
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