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Analyst Says Ethereum Primed To Hit New All-Time High as Last ‘Nail in the Coffin for Bears’ Appears

Analyst Says Ethereum Primed To Hit New All-Time High as Last ‘Nail in the Coffin for Bears’ Appears

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Ethereum (ETH). The analyst pseudonymously known as Credible Crypto tells his 399,000 followers on the social media platform X that the prospects of Ethereum falling below $1,600 are low and that the second-largest crypto asset’s support level is between $2,800 and $3,430. According […]

The post Analyst Says Ethereum Primed To Hit New All-Time High as Last ‘Nail in the Coffin for Bears’ Appears appeared first on The Daily Hodl.

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Analyst Predicts Massive Rallies for Two DeFi Altcoins, Says It’s Time for Great Recovery – Here Are His Targets

Analyst Predicts Massive Rallies for Two DeFi Altcoins, Says It’s Time for Great Recovery – Here Are His Targets

A trader known for making contrarian crypto calls believes that two decentralized finance (DeFi) altcoins are primed to print massive gains. Pseudonymous analyst Credible tells his 398,100 followers on the social media platform X that he’s bullish on both Curve (CRV) and Convex Finance (CVX). Curve Finance is a stablecoin-focused decentralized exchange and Convex supports […]

The post Analyst Predicts Massive Rallies for Two DeFi Altcoins, Says It’s Time for Great Recovery – Here Are His Targets appeared first on The Daily Hodl.

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Trader Names One of His Highest Conviction Altcoin Plays, Says Crypto Markets Going Much Higher

Trader Names One of His Highest Conviction Altcoin Plays, Says Crypto Markets Going Much Higher

A popular crypto analyst is detailing the fundamental reasons why a decentralized finance (DeFI) altcoin is one of his highest conviction plays for the next bull rally. The pseudonymous analyst known as Credible Crypto tells his 339,000 followers that he has his radar locked on Convex Finance (CVX). Convex Finance is a DeFi platform designed […]

The post Trader Names One of His Highest Conviction Altcoin Plays, Says Crypto Markets Going Much Higher appeared first on The Daily Hodl.

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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

Value Locked in Defi Holds the Line at B, After Temporarily Shedding B in Mid-MarchThe total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the […]

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Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

Crypto Market Slides as Total Value Locked in Defi Falls Below  Billion MarkThe value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same […]

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Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse

Total Value Locked in Defi Surpasses  Billion Mark for First Time Since FTX CollapseCrypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting […]

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2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One WeekThe cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]

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TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

TVL in Defi Slides Under  Billion, Tapping a Low Not Seen Since February 2021The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi […]

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Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX CollapsedOn December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021, to today’s aggregate. Smart Contract Token […]

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Low-Cap Ethereum Altcoin Pops As Coinbase Announces Full Crypto Rollout

Low-Cap Ethereum Altcoin Pops As Coinbase Announces Full Crypto Rollout

US crypto exchange giant Coinbase is announcing the full rollout of Aurora (AURORA) across all retail trading platforms. According to the project’s website, Aurora “is an Ethereum (ETH) Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, […]

The post Low-Cap Ethereum Altcoin Pops As Coinbase Announces Full Crypto Rollout appeared first on The Daily Hodl.

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