Category: Market Analysis

Altcoin Roundup: DEXs come to the rescue after China bans crypto

October 8, 2021

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Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United States Securities and Exchange Commission’s (SEC’s) consistent signaling of upcoming regulation for stablecoins […]

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3 factors that can send Ethereum price to 100% gains in Q4

October 1, 2021

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Ethereum’s native token, Ether (ETH), has the potential to double its market valuation in the coming months, thanks to a confluence of supportive technical and fundamental indicators. Ether’s price soared by more than 9% on Oct. 1 to hit nearly $3,300 for the first time in 10 days. Its gains surfaced primarily in the wake […]

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Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high

October 1, 2021

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Bitcoin (BTC) looks to reclaim $45,000 on Oct. 1 as the U.S dollar retreated lower after hitting its one-year high. Bitcoin’s tight inverse correlation with the greenback over the past month suggests that a weakening dollar could push BTC price even higher in the coming sessions.  Bitcoin-dollar correlation on hourly chart. Source: TradingView.com Dollar drops […]

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VORTECS™ Report: This key trading algo spotted bullish altcoin setups even as BTC price fell

September 28, 2021

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Last week was challenging for crypto traders, with Sept. 24’s FUD-triggering crypto-ban news out of China wiping out much of the gains investors managed to rake in earlier in the week. Between Sept. 18 and Sept. 25, the top 100 altcoins shed as much as 14.4% of their aggregate value, while Bitcoin (BTC) lost 12.5%. […]

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Altcoin roundup: There’s more to DeFi than just providing liquidity

September 24, 2021

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The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain networks and earning a yield for their holders.  What started off as a simple Ethereum-based swap interface that allowed ERC-20 tokens to […]

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Here’s why Avalanche, OriginTrail and Coti hardly budged as Bitcoin fell to $40K

September 22, 2021

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Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority of altcoins down with it. Despite this sharp downturn, a handful of tokens seemed to […]

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Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms

September 20, 2021

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Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge. 6185 Total views 16 Total shares In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the […]

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Evolve or die: How smart contracts are shifting the crypto sector’s balance of power

September 17, 2021

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One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear markets. For many of these projects, they follow a recognizable boom-to-bust cycle and never return to […]

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Here’s how traders knew LUNA and RAY were on the verge of a bullish breakout

September 17, 2021

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Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour. Fortunately, the effects of legitimate news tends to last longer, but the trick for investors is to […]

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Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?

September 17, 2021

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On Sept.16 Avalanche (AVAX) price hit a new all-time high at $68.89 and over the last few months the project has risen to challenge the Ethereum (ETH) network’s dominance among smart contract platforms. According to the project’s website, the layer-one protocol capable of surpassing 4,500 transactions per second (TPS) with a time to finality of […]

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