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At present, the big cake is still moving horizontally upwards, which is bound to be lower. The top stop is between 288 and 292, with a stop loss of 27500

IntoTheBlock points out that the number of ETH whales has been increasing recently.The trend of ETH accumulation between whales may indicate trust and confidence in the entire project

The trend of BTC prices gives analysts reason to be bearish, while Bitcoin avoids fluctuations in macro triggers on the day.Bitcoin inAfter providing a retest of recent lows, the overnight decline returned to above $26000 on May 25th

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

Glassnode data shows that the number of ETHs flowing into the exchange is at its lowest level in the past four weeks. However, the decrease in selling pressure may take time to translate into the bullish momentum of counterfeit currency

The recent speech by Federal Reserve Chairman Powell has sparked great interest and speculation in the financial community.As one of the most influential figures in the global economy, Powell's remarks have significant weight and may affect various fields, including the cryptocurrency market

The Bitcoin and counterfeit coin markets have been on a roller coaster ride in the past few months, and investors hope to seize every opportunity to profit, especially in the current trend of creating emoticons such as PEPE, AIDOUGE, TURBO, etc.Now, with the approaching halving of Bitcoin, renowned cryptocurrency analyst Michael van de Poppe believes it is time to accumulate alternative coins

On the evening of May 7th at 21:13 Eastern Time, Binance, the world's largest cryptocurrency exchange, announced through its official social media account that due to the large volume of transactions waiting to be completed, the extraction of Bitcoin (abbreviated as BTC) on the platform has been suspended, and the team is studying a solution and will resume Bitcoin extraction as soon as possible.At 22:39, Coin An continued to post a tweet stating that due to the company's previously set fees not taking into account the recent surge in gas fees on the Bitcoin network, there are still a large number of Bitcoin extraction transactions that have not been completed, and the team is still working to accelerate the confirmation of all pending transactions

Ethereum is showing strong bullish signs, which may continue into the weekend as the King of Counterfeit Coins enters LunarCrush's top ten popular search lists. The price trend of ETH may provide some breathing opportunities for traders and investors

Elon Musk, the owner of Twitter and a strong supporter of the original meme coin Dogecoin, will resign as the CEO of social media platforms and focus on product development. He will serve as Twitter's Chief Technology Officer (CTO)

DOGE was one of the best performing assets in the past week, as Bitcoin and Ethereum tended to decline in September. The meme coin seems to have responded positively to the possible acquisition of Twitter by billionaire and technology giant Musk

The last thing the cryptocurrency market needs is the potential implosion of the largest exchange in the market. However, the FUD surrounding Binance may not be as bad as some people describe, and the previously prevalent wave of Z gold outflows may be an important factor in its stability