Wed, May 08, 2024

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The Next Crypto Bull Run: Opportunities for Growth

The Next Crypto Bull Run: Opportunities for Growth With its ever-evolving landscape, the cryptocurrency market continues to captivate investors and financial enthusiasts alike, eagerly anticipating the next crypto bull run. Over the past few days, this dynamic market has experienced a notable increase in value, bringing the total market capitalization to $1.24 trillion as of …

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cryptocurrency - ada and more

Cryptocurrency Market Analysis: Bitcoin and Ethereum

Cryptocurrency Market Analysis: Bitcoin and Ethereum The cryptocurrency market has recently experienced a rollercoaster ride, with Bitcoin and Ethereum dominating the scene. Bitcoin has shown significant progress, attempting to reach the $31,000 mark after a remarkable 12.29% rally this week. Analysts are now speculating a target of $35,000. Meanwhile, Ethereum has the potential to reach …

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Cryptocurrency

Bitcoin and Ethereum: Cryptocurrency Market Update

Bitcoin and Ethereum: Cryptocurrency Market Update The world of cryptocurrencies continues to capture the attention of both investors and financial institutions alike. Bitcoin and Ethereum have shown significant growth in recent developments, consolidating their positions as leading players in the market. With financial institutions offering their blessing to Bitcoin and Ethereum demonstrating its resilience, these …

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CoinTracker vs Cointracking - side by side comparison

CoinTracker vs Cointracking – side by side comparison

Cryptocurrency and blockchain have become an important part of the worldwide economy, with their volatility and daily price changes creating the need for tracking tools for both novice and experienced crypto investors. By connecting to crypto wallets and exchange accounts, portfolio trackers provide an efficient way to monitor crypto investments and display the total value …

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crypto

Bitcoin and Ethereum markets awaiting the FRS decision

According to Coinglass statistics, the futures market has a fairly balanced spread of long and short orders. Besides, the buyer-side edge remains pretty insignificant. At the same time, the Binance BTC/USDT order database displays a strong resistance level to selling at US$29,000. It could easily serve as a target for Bitcoin bulls to beat. The …

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Top Things to Check in Bitcoin This Week

A week of crypto turmoil: Bitcoin rises, Ethereum falls

A week of concerns about additional US bank failures and a potential recession is almost over. Remarkably, Bitcoin increased in Friday morning trade in Asia to hover above US$29,500. Therefore, some observers claim that new interest in the world’s largest cryptocurrency as a safe haven asset is emerging. Simultaneously, Ethereum dipped slightly but remained above …

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Bitcoin peaks

Fed inflation anticipation: Bitcoin’s major fall

Bitcoin dropped 3.8 percent in the previous 24 hours to trade at $28,958. The asset lately enjoyed a terrific run, posting a small rally to $30k. According to Coinglass, most BTC liquidated positions were long, surprising most investors. Ethereum is now trading below $2000 for the first time in weeks, with a 5.57 percent drop …

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crypto

Prior to Ethereum Shanghai Upgrade, BTC ruled the crypto market

Ethereum’s much-awaited Shanghai upgrade, also known as the Shanghai-Capella hard fork, will present itself on Wednesday. Following this, users will have access to the $31 billion worth of ether (ETH) that has been placed in the blockchain since December 2020. The investors highly praised the upgrade as being long-term positive for the native token of …

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Dollar

The dollar rose against other major currencies

The dollar rose against other currencies as inflation fears resurfaced after major oil producers unexpectedly cut production targets. Traders bet the Federal Reserve will raise interest rates again next term. Sunday’s announcement of targeted production cuts by OPEC and its allies, known as OPEC+, sent oil prices up about 7.5% in early trading in Asia …

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Bitcoin

Bitcoin price is weakening, yet major uptrend support is still there

Bitcoin price is weakening, yet major uptrend support is still there The bitcoin price surged past $29,000 but then made a smaller correction and is now stabilizing above the pivot mark of $28,000. The world’s largest crypto has accelerated its upward movement above the $28,500 obstacle, albeit only slightly, and is currently trading above both …

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Cardano

The price rally for Cardano (ADA) has reached a critical point

The price rally for Cardano (ADA) has reached a critical point The price of Cardano (ADA) began a new uptrend over the $0.32 resistance. If ADA overcomes the $0.350 barrier area, it will increase further. In the 4-hour ADA/USD pair chart, a significant negative trend line is forming, with resistance near $0.348. (data source from …

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ethereum

Beginner’s guide to Ethereum (ETH): An overview of wallets

Beginner’s guide to Ethereum (ETH): An overview of wallets Developers can create decentralized applications (dApps) using the open-source, decentralized Ethereum (ETH) blockchain technology. The Ethereum platform’s native cryptocurrency, called ETH, is used to pay for transaction costs and computational services provided by the network. It is the second most valuable cryptocurrency in market capitalization, behind …

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Polygon

What’s up with the price of Polygon (MATIC)?

What’s up with the price of Polygon (MATIC)? Some cryptocurrency assets, like Polygon (MATIC), are outperforming the market trend, while others, like Monero (XMR), are underperforming it. The price of a number of cryptocurrencies is currently following the broad trend set by Bitcoin and Ethereum because the trend in the cryptocurrency markets is currently very …

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