Day: October 4, 2020

These 3 Trends Show Bitcoin Is Primed to See a Strong Breakout

boss

Bitcoin is expected to soon see a strong breakout as the price action of the cryptocurrency tightens after the news that the U.S. CFTC is charging BitMEX. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Bitcoin Primed to Break Out, Technical Trends Show Bitcoin’s price action has undergone extreme tightening over the past few days as the markets have become extremely indecisive. Three technical trends indicate that the cryptocurrency is primed to undergo a strong breakout, a crypto trader said. They are as follows: Bitcoin is…

Ethereum DeFi’s Aave (LEND) Gains 5% Amid Crucial Technical Change

boss

Leading decentralized finance (DeFi) coin LEND, the native token of the Aave protocol, is up 5% in the past 24 hours. Its performance comes as the prices of both Bitcoin and Ethereum have stagnated. LEND’s outperformance seems to stem from a crucial technical change to the Aave protocol and the cryptocurrency itself. This technical change should imbue LEND with more intrinsic value, which should in turn drive prices higher. The DeFi coin is down due to a marketwide correction that began at the start of this month. Even up 5%…