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A Melvin Capital client claims that the firm has “massively de-risked” its investment portfolio following the controversy involving short-selling GameStop stocks.
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Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term.
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In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro.
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The only way for DeFi to realize its potential is through an omni-chain approach, enabling assets of any kind to flow freely through all platforms.
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Kumar Gaurav said “there is no way any government” can outright ban crypto given its nature as a global and decentralized system.
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MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst.
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