Crypto Trader Says One DeFi Altcoin Is an ‘Absolute Steal', Updates Outlook on Compound and Axie Infinity

A popular crypto trader says that the native asset of the lending and borrowing platform Aave (AAVE) may surge to around $300 by the second quarter of 2023. Altcoin Sherpa tells his 182,700 Twitter followers that buying AAVE as it trades sideways could be an absolute steal given the huge upside potential.

Timeline of Axie-infinity

The US Federal Bureau of Investigations and Blockchain analytics company Chainalysis have recouped $30 million embezzled in a crypto heist from the Ronin Bridge hack. The post $30M Recovered From Axie Infinity (AXS) Ronin Bridge Hack appeared first on BeInCrypto.

Chainalysis revealed that it helped the US government seize over $30 million from North Korea-linked hackers of the Axie Infinity's (AXS) Ronin Bridge. The post Chainalysis helps US government seize $30M linked to Axie Infinity hack appeared first on CryptoSlate.

Axie Infinity (AXS) has broken down from its corrective pattern, but it is attempting to create its first higher low on the heels of the first AxieCon conference. The post Will Axie Infinity (AXS) Price Be Boosted by AxieCon?

Axie Infinity (AXS) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $20 mark. Bitcoin's (BTC) price continues to fluctuate, despite occasional surges.

The Axie infinity (AXS) price action displays a bull cycle gaining momentum within the consolidation range that shows potential to reach the $20 mark. However, the volatile market conditions question the bullish trend continuation and project the possibility of an early bearish reversal.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] wobbled between $20k and $19.9k in the twelve hours preceding press time.

Axie Infinity price analysis reveals that the cryptocurrency is currently trading at $14.41 after a slight increase of 3.29 percent over the last 24 hours. The market capitalization of the digital asset stands at $1.26 million, and the 24-hour trading volume is recorded at $118 million.

A mysterious whale wallet is holding 50% of Axie Infinity's SLP supply. The secretive wallet has been silently gathering billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the industry's most popular play-to-earn (P2E) crypto games, for almost a year now.

Axie Infinity has been feeling the bearish heat of the market recently. The GameFi-based protocol has been pretty active among the Twitter chat boxes recently after the release of the latest news.

Following the $620 million attack on Axie Infinity's Ronin sidechain, one researcher has traced fund flows to sanctioned crypto mixers. The post Sanctioned Mixers Used to Launder Axie Infinity Funds, Reveals SlowMist Researcher appeared first on BeInCrypto.