Cryptocurrency Analysis and News Portal
As a whole, crypto fared far worse than equities in the week following the CPI data release. The CryptoX Market Index (CMI), a cap-weighted index of 148 of the largest cryptocurrencies, slid 13.5% during those seven days. Here, too, we find variances based on sector. The CryptoX Smart Contract Platform
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This past week, the decentralized finance (DeFi) ecosystem faced the brunt of the bears fueled by liquidation rumors of Three Arrow Capital (3AC) and Celsius liquidations. MakerDAO decided to cut off Aave (AAVE) from its direct deposit module as a safeguard in light of the possibility that Celsius folds and
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Last week, Square made mainstream headlines when it was revealed that the firm had bought Bitcoin — $50
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