3 reasons why the price of Curve DAO Token (CRV) tripled in a week

Over the past two weeks the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits.
Curve DAO’s governance token CRV has been a standout performer, coming off a low at $0.54 on Jan. 11 to a 2021 high at $1.78 on Jan. 17.

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Chainlink Wealth Gap Widens as Top 1% Own Over 80% of LINK

LINK, the native cryptocurrency of the Chainlink decentralized oracle platform, has hit a three year high.

The news is good for LINK holders, however, not necessarily on the wealth equality scale. The top 1% of holders now own over 80% of the supply, According to Glassnode.

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Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the $40,000. Some traders are afraid that a repeat of the crushing 2018 bear market is on the cards again if BTC fails to find bullish momentum.

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COTI Aims to Break Out From 150 Day Resistance – BeInCrypto

The COTI price is in the process of breaking out from a resistance area that has been in place for the past 150 days.

Technical indicators and the short-term price action support the possibility of a breakout for COTI, which could further accelerate the rate of increase.

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Key Indicator Suggests Major Bitcoin Correction in the Works | Crypto Briefing

Key Takeaways

Demand for Bitcoin is rising as whales take advantage of every dip to buy Bitcoin at a discount.
Regardless, the SOPR indicator forecasts that BTC looks primed to retrace.
While the on-chain metric forecasts an 80% correction, the $30,000 level could keep falling prices at bay.

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VeChain (VET) Rebounds After Correction from All-Time High – BeInCrypto

After reversing a three-month downtrend, VeChain (VET) managed to reach a new all-time high price on Jan. 6.

While a short-term rejection could occur, VeChain is expected to eventually resume its upward movement toward new all-time highs.

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Compound Finance (COMP) Aims for All-Time High Resistance

The Compound (COMP) price has increased significantly this year and is approaching the all-time high resistance area at $265.

Price action and technical indicators are bullish for both COMP/USD and COMP/BTC, supporting the continuation of their respective upward movements.

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Bitcoin thermocap metric shows BTC price is still in the ‘low end’ of bull cycle

Bitcoin (BTC) is still at the “low end” of a 2021 bubble, new data tracking miner and investor behavior suggests. 
In the latest signal that BTC price action still has major growth potential, researcher Geert Jan Cap showed bullish signs coming from Bitcoin’s thermocap.

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