Bitcoin has been on an impressive rally this year, with its price soaring by approximately 150% since the beginning of 2021. This remarkable performance has caught the attention of various experts and analysts, leading to speculation about the possibility of Bitcoin reaching the coveted $100,000 mark. One prominent figure who believes in this potential is
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Cardano (ADA) has been experiencing a bearish trend in line with the overall weakness seen in the crypto market, particularly Bitcoin. A prominent analyst from the Austin Hilton YouTube channel, renowned for covering cryptocurrency price analysis and predictions, has shared a video update on Cardano’s near-term outlook. The analyst utilizes Elliot Wave analysis, a technical
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Decentralized exchanges (DEX) on the Solana blockchain have experienced significant growth, surpassing the trading volume of Ethereum for the first time on December 16. This development highlights the increasing adoption and strength of Solana’s smart-contract-enabled ecosystem. Although Ethereum has since regained its dominance, the brief flip serves as a testament to the flourishing decentralized finance
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FTX Debtors recently submitted an amended Chapter 11 reorganization plan, presenting a worrisome scenario for the creditors of the now-defunct cryptocurrency exchange. This plan, if approved, could potentially result in significant financial losses for the creditors. The proposed valuation of the creditors’ claims is based on cryptocurrency prices from November 11, 2022, the same day
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The cryptocurrency markets have experienced a recent surge, which has spilled over into the realm of decentralized finance (DeFi). While decentralized exchanges (DEX) have historically lagged behind centralized exchanges (CEX) in terms of trading volume, the recent market rally has led to increased activity in DEXs. Major platforms such as Uniswap and Curve on the
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