Wednesday, December 6, 2023
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Market Analysis

Market Analysis

MicroStrategy is buying the dip – Should you follow their lead?

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With smart money digging in, Bitcoin and Ethereum come across as worthy buys in the crypto dip. Key points: Smart money is buying crypto and could be a leading indicator that the market could rebound. Following the lead of institutional...
Market Analysis

Polkadot’s DOT bearish weakness to accelerate if the $6.5 level fails to hold

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Polkadot is regarded as the blockchain of blockchains. Native token DOT has been bearish slightly above the $6.5 support. If DOT breaks below $6.5, the price could fall further to $4. Polkadot’s native token DOT/USD is trading at 6.73. The...
Market Analysis

Inflows into ProShare’s short Bitcoin ETF hits $59 million: Report

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The crypto crash has pushed up interest in short Bitcoin ETFs, with the ProShares Short Bitcoin Strategy ETF (BITI) seeing massive daily inflows since it launched a little over a week ago. Data from crypto analytics firm Arcane Research...
Market Analysis

Ethereum Faces Crash to $600 as Crypto Bear Persists

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Key Takeaways Ethereum has retraced by more than 20% over the past four days. Meanwhile, nearly 193,000 Ethereum has been sent to crypto exchanges.  Further selling pressure could trigger a correction toward $600.   Share this article Ethereum looks like it’s at risk of...
Market Analysis

UFT Price Prediction as Coinbase Lists Unilend Finance

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The Unilend Finance price has gone parabolic as demand for the decentralized finance (DeFi) token rise. The UFT token rose to a high of $0.3560, which was the highest level since May 17th this year. At its...
Market Analysis

NMR Price Prediction: Is Numerai a Good Buy as it Goes Parabolic?

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The NMR coin price surged on Thursday even as other cryptocurrencies recoiled. Numerai rose to a high of $40, which was the highest point since December last year. It has risen by more than 267% from its...
Market Analysis

SHIB dips by 2% today despite recent gains

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The cryptocurrency market continues its poor performance this week, with the major coins recording huge losses. The cryptocurrency market has lost more than $50 billion over the past 24 hours. The total crypto market cap stood above $900...
Market Analysis

Where to buy USTC coin

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The TerraClassicUSD (USTC), formerly the TerraUSD (UST), was the origin of the current crypto plunge after it de-pegged leading to the crash of the Terra LUNA coin that once traded above $80. After the events that unfolded, investors...
Market Analysis

Where to buy LUNC coin

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After Terra’s hard fork that resulted in the Terra LUNA 2.0 and Terra Classic (LUNC) tokens, the LUNC coin was almost being forgotten as investors opted for the new LUNA 2.0 token. But over the past week,...
Market Analysis

How likely will Robinhood’s listing support Chainlink’s token as price pumps?

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Robinhood listed Chainlink’s LINK on Tuesday. LINK’s price rose by 9% but has lost by a similar percentage. LINK sits at support, but bearish pressure is on. On June 29, Robinhood announced that it had listed Chainlink’s token LINK/USD. The...
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