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Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for Breakout
Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance
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Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000
Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000In short, Ethereum's price could rise back to $3,000 if the asset successfully breaks out of its current consolidation range. The recent crisis led to realized losses that were close to annual highs, but these have now declined significantly
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Ethereum in 2024: Price Slump After Cancun Upgrade and Future Outlook
Ethereum in 2024: Price Slump After Cancun Upgrade and Future Outlook2024 has been a transformative year for Ethereum. The Cancun upgrade was successfully implemented in March, the Ethereum spot ETF was officially approved in July, and on-chain activity has grown nearly fourfold
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Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder Breakout
Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder BreakoutBitcoin closed above its 200-day moving average for the first time since August 13th, but this doesn't necessarily signal a complete takeover by bulls. Despite a 3
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Ethereum Spot ETFs Bleed Over $430 Million in First Month, Outflows Slow
Ethereum Spot ETFs Bleed Over $430 Million in First Month, Outflows SlowIn its first month of listing, the total outflows from nine Ethereum spot ETFs have exceeded $430 million, with Grayscale's ETHE experiencing the most significant outflows, reaching $2.43 billion
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Ethereum (ETH) Future Outlook: The Bearish and Bullish Battle
Ethereum (ETH) Future Outlook: The Bearish and Bullish BattleRecently, market researcher and analyst DeFiIgnas published an in-depth analysis report on the current state of Ethereum (ETH), exploring the bearish and bullish arguments surrounding the cryptocurrency and offering valuable insights into its future trajectory.Over the past two years, Ethereum has struggled to keep pace with the growth of other cryptocurrencies
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Is Uncle Sam About to Dump Bitcoin? Bitcoin Market Trembles!
Is Uncle Sam About to Dump Bitcoin? Bitcoin Market Trembles!The recent actions of the US government have once again sent the Bitcoin market into a frenzy. A couple of days ago, they quietly transferred $590 million worth of 10,000 Bitcoins to a Coinbase wallet, causing the entire cryptocurrency market to panic
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Ethereum ETF Lands in the US: Tepid Market Response, What's the Outlook?
Ethereum ETF Lands in the US: Tepid Market Response, What's the Outlook?The U.S
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Lido Ethereum Staking Sees 12 Consecutive Days of Outflows: Market Signal or Short-Term Fluctuation?
Lido Ethereum Staking Sees 12 Consecutive Days of Outflows: Market Signal or Short-Term Fluctuation?Since August, Lido Ethereum staking has experienced 12 consecutive days of net outflows, attracting widespread market attention. This phenomenon not only reflects subtle shifts in investor behavior and market sentiment but also presents new challenges and opportunities for Lido itself and the entire Ethereum ecosystem
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Difficulties and Future Outlook of Bitcoin Miners
Difficulties and Future Outlook of Bitcoin MinersIn the cryptocurrency market, miners resemble gold diggers chasing the price of digital gold. They sit in front of machines and witness the surge of digital gold
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Bitcoin Price Not Expected to See Major Breakout Before Q4
Bitcoin Price Not Expected to See Major Breakout Before Q4As the cryptocurrency market stabilizes after a turbulent period, a new analysis warns against expecting a major breakout in the Bitcoin price before the final quarter of the year. Singapore-based digital asset firm QCPCapital says that while there are encouraging signs, the market could remain in a wait-and-see mode for the foreseeable future
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Latest Consumer Price Index and "Sell-Out Message" in the Cryptocurrency Market
Latest Consumer Price Index and "Sell-Out Message" in the Cryptocurrency MarketWith the latest Consumer Price Index (CPI) data released, the cryptocurrency market received a positive "sell signal". The price on the one-hour chart turned negative after the core CPI followed the expected trend, indicating that inflationary speed is continuing to cool