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Meanwhile, ether followed bitcoin's lead, holding its most recent support comfortably above $1,600, although it was recently down over 2% from Tuesday, same time. But as CryptoX markets analyst Glenn Williams noted Wednesday in a column column, the second largest crypto in market value had regained its correlation to BTC
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The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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Axie Infinity (AXS), a cryptocurrency with an overall valuation of $964.02 million, is in the midst of a bullish run that enabled it to tally an impressive 22% jump in the last 24 hours. At the time of writing, according to tracking from Coingecko, the digital asset is changing hands at
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NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April. According to DappRadar, there is a monumental 45% climb in organic trading volume of
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Popular Bitcoin model Stock-to-Flow (S2F) shows BTC has touched a trend line that has historically sent the crypto flying. Bitcoin Touches S2F Deflection Trend Line As pointed out by a crypto analyst on Twitter, BTC seems to have just touched a lower S2F deflection trend line. The S2F or Stock-to-flow Bitcoin model helps
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As some brand-name decentralized finance (DeFi) tokens sputter, a crop of new projects have emerged that are catching strong bids on the back of aggressive yield farming programs, generous airdrops, and significant technical advances. It’s a set of outlier projects pushing forward on both price and fundamentals that has led one
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There’s an old saying on Wall Street that financial markets are driven by two emotions, fear and greed. In the crypto markets, the driver is often a combination of the two: fear of missing out.The FOMO, as it’s often called, looked strong Wednesday as bitcoin jumped to its highest levels
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