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Price Analysis: AAVE bulls target $100

A bullish breakout above $80 will boost AAVE/USD, with a rally to $100 possible in the next few weeks Following a rebound over the weekend, the technical picture for AAVE suggests bulls are in control. The short term outlook for the token includes a targeted breakout to $100 should buy pressure send AAVE/USD above $80. However, bears are likely to...

BTC price- Key levels to watch as bulls rally to $18,600

Bulls have rallied BTC/USD to highs of $18,600 and could break higher if they hold prices at key levels Bitcoin’s recovery from last week’s sell-off has seen bulls rally to highs near $18,700. Although the cryptocurrency remains vulnerable to a pullback to lows seen over the weekend, the technical picture offers bulls hope of retesting $19,500 if they...

Chainlink pledges support for Ethereum projects

Chainlink recently announced it would support the development of Ethereum infrastructure projects The oracle network for smart contracts is the latest protocol to announce it will offer support to Ethereum’s ecosystem. Chainlink released a statement confirming the news on its website. “We remain committed to the continued growth of the Ethereum...

Bitcoin stabilises above $18k as mining difficulty increases

Bitcoin’s price has stabilised above the $18,000 region over the past few days, while the cryptocurrency mining difficulty continues to rise Mining difficulty on the Bitcoin network is approaching a new high after rising by 8.9% over the past 24 hours. The Bitcoin (BTC) network’s hashrate is now above 130 EH/s. The data provided by on-chain analytics...

Cypherpunk Holdings adds 72.979 BTC to its reserves

Canadian investment firm Cypherpunk Holdings recently increased its stake in the leading crypto by market cap to become the 9th largest holder of the asset Cypherpunk Holdings invests in blockchain technologies and cryptocurrencies with a strong focus on those that are privacy-oriented. It has previously invested in many other privacy-oriented ventures,...

Ripple would perform with XRP as a security – CEO claims

Ripple CEO believes the company’s operations would not be affected even if XRP is declared as a security Ripple has been a subject of debate in the last few months as its future in the US remains unclear. The company’s chief executive Brad Garlinghouse previously declared that Ripple would relocate if the regulatory environment around cryptos in the...

Technical Indicators suggest a 30% correction for BTC

BTC price could drop to $14,000 before another upside momentum blasts prices past the $20,000 mark Earlier this week, Bitcoin was on the verge of hitting $20,000. However, instead of testing the all-time high level, BTC nosedived to lows of $16,220. An attempt to post an immediate rebound hit a wall around $18,900 and will fade further if the rejection...

Coinbase suffers another outage

The Coinbase trading platforms experienced another outage yesterday as the volatility in the cryptocurrency market heightens The US-based cryptocurrency exchange Coinbase suffered another outage a few hours ago. The power outage affected its website and mobile apps as the cryptocurrency exchange battles this reoccurring problem over the past few weeks....

IOTA sees downward pressure as altcoin sell-off continues

IOTA price could drop to lows of $0.23 if bears tighten their grip on short term action in the current phase of crypto sell-off IOTA is trading lower on the hour, mirroring the negative trend engulfing the majority of the crypto market. At the time of writing, IOTA is trading around $0.30 and is down more than 5% in the past hour. Overall, the 29th...

DeFi indexes lack diversify — analyst claims

New research shows indexes based on DeFI tokens are not diversified enough for the advanced investor The research claims that indexes have overexposure to a few DeFi tokens, which invalidates the whole point of diversification. This makes them ‘poor’ investment options for advanced investors looking to manage their risks. The DeFi boom seen in the...

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