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Bitcoin Bulls Gearing Up, $63,000 Key Resistance
Bitcoin Bulls Gearing Up, $63,000 Key ResistanceTwo weeks ago, Bitcoin prices plunged to $49,000, dealing a heavy blow to miners. Profits dwindled significantly, forcing many miners to exit the market, particularly smaller ones who found it difficult to keep up
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Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?
Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?While the market anticipates a potential interest rate cut in September by the US Fed, the positive impact of such a policy might not be immediately visible. This is especially true as global economic uncertainty casts a shadow, prompting investors to adopt a cautious stance, waiting for the actual effects of the interest rate cut to materialize in the market
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Whale Makes Massive Transfer! $1 Million ETH Purchased at a Low Price, $154 Million Deposited to OKX Recently
Whale Makes Massive Transfer! $1 Million ETH Purchased at a Low Price, $154 Million Deposited to OKX RecentlyLookonchain monitoring data reveals that a whale acquired $1 million worth of ETH during the Ethereum ICO at a price of $0.31
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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 Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price Gains
Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price GainsA report by cryptocurrency analytics firm Kaiko Research reveals that Ethereum gas fees have recently reached a five-year low, primarily driven by increased Layer 2 activity and the March Dencun upgrade, which reduced transaction costs on Layer 2. This fee reduction has implications for ETH, as lower fees mean less ETH burned, leading to an increase in the token's supply
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Ethereum Price Prediction: Future Trajectory for 2024 and Beyond
Ethereum Price Prediction: Future Trajectory for 2024 and BeyondEthereum's market capitalization closely follows Bitcoin, having traded neck and neck with it at major turning points over the past year. However, Ethereum has lagged behind Bitcoin in the past year, recording a 31
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$2,300 Could Be a Strong Support Level for Ethereum, But Don't Overlook the Risk of a Bear Trap
$2,300 Could Be a Strong Support Level for Ethereum
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Dogecoin [DOGE] Large-Transaction Volume Surges 35%, Key Levels to Determine Future Direction
Dogecoin [DOGE] Large-Transaction Volume Surges 35%, Key Levels to Determine Future DirectionDogecoin [DOGE] has recently witnessed a 35% surge in large-transaction volume, stirring the cryptocurrency market. This trend is being interpreted as a sign of potential price volatility
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Ethereum's Dilemma and Solana's Rise: A Shift in the Blockchain Landscape
Ethereum's Dilemma and Solana's Rise: A Shift in the Blockchain LandscapeThe approval of Bitcoin spot ETFs at the beginning of this year ignited a wave of enthusiasm in the crypto market, pushing Bitcoin prices to new highs and creating a sense of prosperity. However, this rally didn't extend to Ethereum as expected
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Ethereum "Halved": Crypto Market Turmoil Amid Financial Fears
Ethereum "Halved": Crypto Market Turmoil Amid Financial FearsThe global financial market turmoil is sweeping the cryptocurrency market. Over the past 24 hours, the global cryptocurrency market capitalization has dropped by over 10%, with major cryptocurrencies like BTC and ETH experiencing significant price declines
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Ethereum (ETH) extends losses by 3% today after yesterday's 23% surge
Ethereum (ETH) extends losses by 3% today after yesterday's 23% surgeOn May 22, Ethereum (ETH) extended its intraday losses by 3%, currently trading at $3,660, following a 23% surge yesterday.
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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