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Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its End
Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end
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Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory Uncertain
Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory UncertainDespite the highly anticipated launch of a spot Ethereum (ETH) exchange-traded fund (ETF), Ethereum's price did not experience a significant surge as many had projected, displaying little reaction to what was expected by many to be a major market catalyst. Analysts predict that Ethereum will mirror Bitcoin's pricing trends following its ETF launch, pointing out that Bitcoins price did not immediately skyrocket after its own ETF debut
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Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?
Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0
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Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trends
Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trendsAfter experiencing some fluctuations for a period of time, DOGE seems to be at a critical juncture, especially in the context of a bearish signal displayed on the weekly chart. Recent analysis from a post on X platform indicates that DOGE has fallen back to the previous reversal resistance area below, implying potential further downward pressure
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BevmStack: A One-Stop Bitcoin Layer 2 Solution
BevmStack: A One-Stop Bitcoin Layer 2 SolutionBevmStack is a modular and open-source blockchain technology stack designed to seamlessly integrate Bitcoin assets with Ethereum Virtual Machine (EVM) compatible smart contract functionalities. Drawing inspiration from OPStack's design principles, it offers a comprehensive suite of tools and components for building, deploying, and operating scalable blockchain networks tightly integrated with the Bitcoin ecosystem
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Is an altcoin season approaching as Bitcoin dominance declines?
Is an altcoin season approaching as Bitcoin dominance declines?Bitcoin dominance has declined from its yearly peak reached a few days ago, as Bitcoin's price fell below $60,000, leading to market speculation about a potential altcoin season. Despite Bitcoin's recent milestone, its dominance continues to fall, while the total market capitalization of the top 125 altcoins continues to rise
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Will Bitcoin rise again? Analyst: Short-term bearish, frequent fluctuations next week, cautious operation!
Will Bitcoin rise again? Analyst: Short-term bearish, frequent fluctuations next week, cautious operation!Bitcoin's volatility in the few minutes before and after the US stock market opened last night exceeded the volatility of the entire day, which was undoubtedly a nightmare for high-leverage players. They might have been profitable in the first few minutes, but turned into losses in the blink of an eye
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Bitcoin and Ethereum Futures Close Lower on Thursday
Bitcoin and Ethereum Futures Close Lower on ThursdayAt the close of trading in New York on Thursday, the CME Bitcoin futures contract (BTC) settled at $56,775.00, down 3
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Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly
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Bitcoin Price Prediction: Where Will Bitcoin Go in the Years to Come?
Bitcoin Price Prediction: Where Will Bitcoin Go in the Years to Come?Bitcoin remains the worlds largest cryptocurrency, used by millions globally as a payment method or investment tool. While Bitcoin has had its volatile periods, its pioneer status means it is likely to remain ahead of the curve in the coming years
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Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers Hope
Dogecoin Price Hovers at Crucial Support, Facing 20% Downside Risk: Bearish Sentiment Prevails, But Network Activity Growth Offers HopeDespite successfully defending the key support level of $0.1, Dogecoin (DOGE) remains trapped in a bearish scenario
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Ethereum's $2,860 Support Holds Strong, Deribit Predicts Rise to $4,500
Ethereum's $2,860 Support Holds Strong, Deribit Predicts Rise to $4,500August 1st, 2023 - Crypto derivatives exchange Deribit, in a recent report, stated that Ethereum's solid $2,860 support level suggests a potential surge to $4,500. The report highlights that the $2,860 support has withstood multiple tests since July 5th, with market focus currently centered on Ethereum