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Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap

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September 6, 2020
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Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap
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imageCryptocurrency12 hours ago (Sep 05, 2020 08:00PM ET)
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Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap

Digital asset markets were on a parabolic surge until investor confidence took a major hit to close out the week with a bearish tilt due to a perfect storm of negativity.

Before reading the rundown, catch up on the most-read stories centered around the price of Bitcoin, the macroeconomic picture and the DeFi phenomenon gaining traction.

Continue Reading on Coin Telegraph

Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap

Can a liquidity marketplace advance the crypto industry?

Can a liquidity marketplace advance the crypto industry?
By Cointelegraph – Sep 06, 2020

Two-sided marketplaces are more than a smart business model. These platforms can democratize access and promote widespread economic inclusion in previously inaccessible markets….

DeFi project SUSHI gets new 'master chef' in an unprecedented move

DeFi project SUSHI gets new ‘master chef’ in an unprecedented move
By Cointelegraph – Sep 06, 2020

SushiSwap (SUSHI), a fork of Uniswap created by the controversial developer “Chef Nomi,” has been handed over to FTX CEO Sam Bankman-Fried on Sep. 6 in an unexpected…

Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin

Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin
By Cointelegraph – Sep 06, 2020

Warren Buffett and Berkshire Hathaway (NYSE:BRKa) substantially cut their position on Wells Fargo (NYSE:WFC), selling 100 million shares. The Oracle (NYSE:ORCL) of Omaha is…

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