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Ethereum prices decreased by 8.2% between October 2nd and October 9th

Since July 2023, the daily trading volume of dog coins has been decreasing. In the past 24 hours, the price of dog coins has also dropped by more than 3%

In the constantly changing trend of cryptocurrency landscape, Ethereum is facing challenges, while Bitcoin is experiencing a recovery.The correlation between Ethereum and Bitcoin hit an annual low of 0

Ethereum prices are striving to fall below the resistance level of $1640 against the US dollar.The current trading price of ETH is below $1620 and the simple moving average of 55 (4 hours)

Ethereum (ETH) has always maintained its position as a leading competitor currency. However, a recent analysis by Benjamin Cowen suggests that its journey may follow a better trajectory, at least compared to Bitcoin (BTC)

The $1735 level has been strongly resisted, and prices have been declining since then.If the price breaks through the resistance level of $1665, it may be tested again for $1735

The volatility of Bitcoin (BTC) has become a hot topic of discussion in 2023. As its value reaches historical lows, investors have shown sensitivity changes to tokens known for their volatility outside the cryptocurrency circle

Analysts unanimously believe that although the cryptocurrency market has been plagued by poor liquidity, social sentiment can be a useful tool for tracking discussions around Ethereum's potential spot ETFs21Shares and ArkInvest jointly applied for Ethereum spot ETFs this month, which may have a profound impact on the US cryptocurrency market. Industry analysts quickly expressed their views on the broader impact

Members of the Ethereum community have long been concerned that Lido's dominant position is the root cause of network centralization, and many people take it for granted that Lido's continued accumulation of market share poses a systemic risk to Ethereum's consensus.Due to less than one-third of ETHs being pledged through Lido, this agreement violates the first of three key consensus thresholds, which may result in a worrying centralization vector as Lido can prevent Ethereum from finalizing without the need to hook up with other verification entities!Ultimately, Lido's market share may exceed 50%

Lido: A unique approach to decentralized Ethereum through liquidity collateralLido is a unique liquidity collateral agreement aimed at promoting the decentralization of Ethereum and providing users with the flexibility to pledge and use ETH. Through smart contracts, Lido promotes the flow of ETH from users to node operators and validators, while allowing users to obtain liquidity tokens, such as stETH, in return

In recent years, people's interest and popularity in cryptocurrencies have increased, with tokens such as Dog Coin (DOGE) and ShibaBudz (BUDZ) becoming the main players in their respective industries. Social media platforms are interested in Dogcoin, a cryptocurrency originally inspired by memes, while the gaming community is interested in ShibaBudz due to its novel approach to cross chain interoperability

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance