Price analysis 10/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI
Bitcoin remains strong above its recent breakout level, but several major altcoins are still under pressure until BTC reveals its next move. Go to Source Powered by WPeMatico
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Bitcoin remains strong above its recent breakout level, but several major altcoins are still under pressure until BTC reveals its next move. Go to Source Powered by WPeMatico
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total Value Locked in Defi Jumps Over the … Read more
Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC. Go to Source Powered by WPeMatico
Bitcoin and select altcoins are facing selling at higher levels, indicating that short-term traders may be booking profits after the recent rally. Go to Source Powered by WPeMatico
Blockchain-based games and NFT trading were the driving force behind dapp adoption during Q3, according to defi insight platform Dappradar. In its Dapp Industry Report: Q3 2021 Overview, Dappradar states that the importance of these new activities in the crypto industry rose dramatically, making the space more diversified and competitive in the process. Defi also … Read more
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher. Go to Source Powered by WPeMatico
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from $171 billion. Defi Tokens Skyrocket, … Read more
Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices. Go to Source Powered by WPeMatico
Bitcoin’s strong recovery to $49,000 has boosted bullish sentiment and it may provide further incentive for LUNA, ATOM, XTZ and AXS to rally in the short term. Go to Source Powered by WPeMatico
Historical data suggests that October is a good month for Bitcoin bulls, and today’s push above $47,600 could be a signal of what’s to come for BTC and altcoins. Go to Source Powered by WPeMatico