Bitcoin’s Rise Could ‘Pull’ Chainlink (LINK) to $80 – Crypto Analyst

In summary: Timothy Peterson has forecasted that Chainlink could rise to $80  His estimate is based on Chainlink’s relationship with Bitcoin Where BTC goes, LINK is not that far behind Bitcoin is closing in on $60k with Chainlink looking to defend the $34 price area during today’s weekly close Timothy Peterson, of Cane Island Alternative Advisors, has forecasted that Chainlink’s value could be boosted by Bitcoin’s current market momentum based on the correlation between these two assets. According to Mr. Peterson, if the LINK/BTC relationship is used as a guide,…

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14.7% of Ethereum’s Circulating Supply has Been Dormant for 2 – 3 Yrs

In brief: Ethereum’s supply last active 2 – 3 years ago has hit 16.884 million ETH This amount is a 9-month high for Ethereum and 14.7% of its circulating supply Ethereum recently broke the $2k price ceiling and set a new all-time high of $,2,042 – Binance rate The weekly close is a few hours away and Ethereum will be battling to retain its bullishness above $1,800 The amount of Ethereum last active two to three years ago has just hit a 9-month high of 16,884,718 ETH. This is according…

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Skybridge Capital Founder Predicts $100K Bitcoin Price This Year Due to ‘Heavy Demand’ and Diminishing Supply

The founder of asset management firm Skybridge Capital, Anthony Scaramucci, has predicted that the price of bitcoin will reach $100,000 before the year-end simply due to supply and demand. “You don’t have a lot of supply out there and very heavy demand,” he said. His firm currently has over half a billion dollars in bitcoin. Skybridge’s Founder Expects $100K Bitcoin Before End of Year Skybridge Capital founder and managing partner Anthony Scaramucci talked about his expectations for the price of bitcoin and his firm’s investment in the cryptocurrency during an…

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DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs

The goals and development of SushiSwap and Uniswap are diverging as each exchange’s governance token reaches new all-time highs. Uniswap and SushiSwap have emerged as two of the top decentralized exchanges (DEXs) that are leading the current DeFi bull run higher. Despite a controversial start for SushiSwap, the last few months have seen it catching up to Uniswap in terms of activity on the platform, total value locked, and the price of its SUSHI governance token. A recent report from Delphi Digital took a closer look at the two projects…

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