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Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111
Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1
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Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500
Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500Binance Coin (BNB) has dropped over 10% in the past week, currently trading below its downtrend line from August 23. Technical indicators like the MACD and DMI suggest that BNB could face further short-term declines, as the bearish momentum remains strong
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Dogecoin Price and Lunar Cycles: A Hidden Correlation?
Dogecoin Price and Lunar Cycles: A Hidden Correlation?The price fluctuations of Dogecoin (DOGE) may be more than just market noise. A recent analysis has uncovered a compelling link between Dogecoins behavior and lunar cycles
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Elon Musk's "DOGE" Response to Trump Cabinet Nomination Sends Dogecoin Price Soaring Nearly 6%
Elon Musk's "DOGE" Response to Trump Cabinet Nomination Sends Dogecoin Price Soaring Nearly 6%
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Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the Pack
Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the PackDuring the first half of 2024, global central bank gold purchases reached a record high of 483 tons, driving gold prices to unprecedented levels. This staggering figure represents a 5% increase from the previous record of 460 tons set in the first half of 2023, with central bank gold purchases in the second quarter alone surging 6% year-on-year to 183 tons
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Is the Low Bitcoin Hashprice a Sign of an Approaching Bottom?
Is the Low Bitcoin Hashprice a Sign of an Approaching Bottom?CryptoQuant analyst Woominkyu's latest analysis report suggests that a close correlation exists between Bitcoin hashprice and Bitcoin price. The current low hashprice could indicate that Bitcoin is nearing its bottom
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Ethereum Price Dips, Experts Predict Rebound Later This Week or Next
Ethereum Price Dips, Experts Predict Rebound Later This Week or NextAmidst continued depreciation of Ethereum's price, prominent cryptocurrency analyst Michael van de Poppe highlighted the asset's current weakness and indicated a potential rebound timeframe in an early morning X platform post. Poppe's comments come as Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant downward pressure, echoing its rival Bitcoin
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Bitcoin and Ether Futures Prices Fall in Tandem
Bitcoin and Ether Futures Prices Fall in TandemAs of the close of trading in New York on Tuesday (August 27th), the CME Bitcoin Futures BTC main contract settled at $61,880.00, down 2
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Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment Remains
Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment RemainsEthereum [ETH] experienced a rapid surge last week, sparking anticipation among investors and traders for a bullish run. However, the price failed to sustain the gains, and the initial optimism quickly faded, leading to a cautious market sentiment
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Binance Coin (BNB) Rallies 9%, Reclaims Fourth Largest Cryptocurrency Spot, Amidst Regulatory Challenges and Price Predictions
Binance Coin (BNB) Rallies 9%, Reclaims Fourth Largest Cryptocurrency Spot, Amidst Regulatory Challenges and Price PredictionsBinance Coin (BNB) has witnessed a significant resurgence, surging 9% in the past 24 hours, reclaiming its position as the fourth-largest cryptocurrency. However, regulatory concerns continue to pose challenges for BNB, fueling Fear, Uncertainty, and Doubt (FUD) amongst consumers
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Will Bitcoin End Its Price Slump Before September? Five Key Things to Watch This Week
Will Bitcoin End Its Price Slump Before September? Five Key Things to Watch This WeekBitcoin is poised for a critical monthly candle close this week, with BTC price action battling back against sellers in a bid to reverse the August 8th crash. As the end of August approaches, Bitcoin has embarked on a resurgence, with BTC price targets set at $65,000
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Will Ethereum Price Break $2,800? Analyst: Rise to $3,600 is Not Out of the Question
Will Ethereum Price Break $2,800? Analyst: Rise to $3,600 is Not Out of the QuestionAccording to Cointelegraph, Ethereum price charts are currently showing a potential rise to levels not seen since the launch of the first spot Ethereum ETF in July. However, analysts say a weekly close above $2,800 is necessary to confirm this move