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Day: August 5, 2023

Ethereum: Bulls and bears tussle for the range-low 

cryptocurrency August 5, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s price action remained below the 12-hour chart order block. A breach of the range-low ($1828) could tip ETH to sink lower. The king of altcoins, Ethereum [ETH], has remained below a key […]

Tether May Now Be 11th Largest Bitcoin Holder, Analyst Says

cryptocurrency August 5, 2023

Tether, the company behind the USDT stablecoin, may now be the 11th largest bitcoin holder in the world. This comes after the stablecoin issuer recently published its attestation report for Q2 2023. Advertisements According to the report, Tether recorded an increase in excess reserves, which grew by $850 million. This brought the company’s total excess […]

Ethereum ETF Race Gets Hotter As SEC Receives 11 Filings In One Week

cryptocurrency August 5, 2023

The United States Securities and Exchange Commission (SEC) has been flooded with many applications for Ethereum (ETH) Exchange-Traded Funds (ETFs) in just one week. The applications currently stand at 12, with the latest addition coming from ProShares, a popular fund manager.  Advertisements The platform filed four applications for Ether-based ETFs, including a dual Ether and […]

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