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Month: August 2023

cryptocurrency August 31, 2023

Ethereum price is correcting gains from the $1,750 resistance against the US Dollar. ETH is trading above the $1,680 support and might start a fresh increase. Advertisements Ethereum started a downside correction below the $1,720 level. The price is trading above $1,690 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

cryptocurrency August 31, 2023

Advertisements The number of ETH long-term holders surpassed BTC by more than 40 million. Bitcoin’s inability to offer a plethora of use cases contributed to the switch. As the top two most valuable cryptocurrencies, Bitcoin [BTC] and Ethereum [ETH] have not had to deal with any strong competition to yank them off the standings. However, […]

cryptocurrency August 30, 2023

Ethereum price rallied above the $1,700 resistance against the US Dollar. ETH struggled near $1,750 and is currently correcting gains. Advertisements Ethereum gained momentum above the $1,660 and $1,670 levels. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near […]

cryptocurrency August 30, 2023

Advertisements Lido’s TVL climbed by 1.28% in the last seven days, as ETH deposits on the protocol rose.  Its native token, LDO, however, experienced slow accumulation. The total value locked (TVL) in Lido Finance [LDO], a liquid staking protocol for Ethereum [ETH], increased by 1.28% in the past week, according to DeFiLlama. This represented the […]

cryptocurrency August 29, 2023

Advertisements An increase in inter-chain transfer could temporarily increase ETH transaction fees. Volatility increased, meaning ETH’s value could decrease further. Over the last few weeks, a significant amount of Ethereum [ETH] has been moved from the Mainnet into other chains. The movements within the Ethereum network have been closely linked to the attention given to […]

cryptocurrency August 29, 2023

Ethereum price is attempting a recovery wave above $1,650 against the US Dollar. ETH must clear $1,660 and $1,700 to start a steady increase. Advertisements Ethereum is struggling to rise above the $1,660 and $1,670 levels. The price is trading near $1,650 and the 100-hourly Simple Moving Average. There was a break above a connecting […]

cryptocurrency August 28, 2023

The Ethereum (EHT) price has declined since the cryptocurrency market crash in mid-August. The downward movement resulted in the loss of many important support levels, but the ETH price is currently trying to rebalance. Advertisements If the Ethereum price holds the key $1,630 area, a short-term bounce can complete a bearish retest of the $1,800 […]

cryptocurrency August 28, 2023

Ethereum price is struggling to clear the $1,670 resistance against the US Dollar. ETH could start another decline if it breaks the $1,640 support. Advertisements Ethereum is struggling to rise above the $1,660 and $1,670 levels. The price is trading below $1,660 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

cryptocurrency August 28, 2023

Advertisements Fenix International, the parent company of OnlyFans, purchased the cryptocurrency between 2021 and 2022. The parent company of subscription platform OnlyFans has become the latest firm to reveal its cryptocurrency holdings, showing it invested nearly $20 million into Ether (ETH) in 2022. According to an Aug. 24 financial filing to the UK corporate registry, […]

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