AAVE “Monster” Is Awakening, Breakout Coincides With Coinbase Listing
As altcoins and even Bitcoin take pause, DeFi standout AAVE is a “monster” that is now reawakening and ready for new highs, according to one analyst. Moments after the analyst’s public call, Coinbase Pro revealed that the DeFi token would be listed on the popular trading platform. If a pair of low-timeframe patterns confirm and […]
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The price of BNT, the native token of the Bancor protocol, spiked by 86% in two days. The price of BNT, the native token of Bancor, surged 86% in merely two days from $1.02 to $1.919. The rally was fueled by a combination of Coinbase listing BNT and the growing volume of Bancor’s DEX.The Coinbase listing was the primary catalyst behind BNT’s strong 48-hour rally. Almost immediately after its announcement, the token’s price increased by around 16% after spiking to as high as $3.70. Coinbase said on Dec. 16:“Starting today, Coinbase supports Aave (AAVE), Bancor (BNT), and Synthetix (SNX) at....
Key Bitcoin Takeaways Bitcoin flirts with $60,000 for a breakout move. The cryptocurrency is trending inside a classically bullish ‘Ascending Triangle’ pattern. Coinbase’s listing on Nasdaq, US inflation data update this week promises further upside. Bitcoin has endured significant selling pressure over the last few trading sessions as it attempts to close above $60,000. The flagship cryptocurrency trades $1,500 lower from its previous all-time high level, near $61,778 (data from Coinbase). Despite positive fundamentals, led […]
A classic technical indicator risks sending AAVE's price toward $105 in the next few months. A sharp rebound move witnessed in the Aave (AAVE) market in the last three days has raised its potential to rise further in May, a technical indicator suggests.AAVE price rebounds from key supportDubbed a "rising wedge," the pattern appears when the price rises inside a range defined by two ascending, contracting trendlines. It typically resolves after the price breaks below the lower trendline with convincingly rising volumes.AAVE has been painting a similar ascending channel since early February....
ASSEMBLE Protocol made its debut on the Coinbase Pro exchange on Wednesday 20th October 2021 according to the official disclosure made by Coinbase. ASSEMBLE Protocol’s token ASM was listed following massive demand from the community on the largest NASDAQ-listed U.S cryptocurrency exchange – Coinbase. The ASM token powers the Assemble Platform, which is purported at managing and spending integrated reward and loyalty points. Anticipation had been on the rise among holders ahead of the listing. With a user base of around 750,000, the project was primed for a big listing. ASM has also....
Cryptocurrency exchange Coinbase has announced its plan to go public via a direct listing of its Class A common stock. The post Coinbase Announces Intention To Go Public With Direct Listing appeared first on Bitcoin Magazine.