Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
Bitcoin may pick up momentum in the next few days and select altcoins ETH, UNI, ICP, and AAVE could also rally along. In a recent CNBC survey of a group of portfolio managers and equity strategists, only 6% of respondents expect Bitcoin (BTC) to reach $60,000 in 2021. A large portion, 44% of the participants, predict Bitcoin to remain below $30,000 this year. From the remaining, 25% expect the recovery to reach $45,000 and the rest 25% anticipate a move to $55,000.This suggests that the sentiment remains negative. However, the recent Chinese crackdown on crypto miners or the regulatory....
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Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher.
Aave (AAVE)
AAVE rebounded during Tuesday’s trading session, as bulls returned to action after a recent three-day winning streak was snapped yesterday.
Following a low of $82.02 to start the week, AAVE/USD rallied by as much as 10% today, hitting a peak of $92.16 in the process.
Today’s move pushed....
AAVE has emerged as one of the most profitable cryptocurrencies entering the new week as Bitcoin’s bullish momentum pauses after a weekend sell-off. The second-largest decentralized finance token surged 11.36 percent, or $22, to an intraday high of $522.74, confirming a bullish reversal following its 28 percent drop from its record high near $547. AAVE’s […]
Aave (AAVE) has rapidly become one of the best-performing crypto-assets over the past few days. From its lows set late last week, the coin has gained approximately 150%, rallying from $27 to $67 as of this article’s writing. AAVE is currently the best-performing crypto-asset in the top 100 by market capitalization. The coin trades up […]
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S. dollar’s value.
A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due to Launch After the Aave DAO Votes on Genesis Parameters
Aave explained on Sunday that the Aave decentralized autonomous organization (DAO) approved a proposal to create a stablecoin token called....
Demand for LEND has surged dramatically over the last week as the token undergoes a rebranding. Aave, the non-custodial “DeFi” protocol, earlier launched its Aave Improvement Proposal (AIP1) to allow community consent over the migration from its governance token LEND to its rebranded avatar AAVE. In retrospect, the switchover attempted to take people’s opinions on the […]