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Year: 2023

cryptocurrency August 7, 2023

Advertisements Ethereum’s Galaxy Score was high, which was a typical bull signal. Whales continued to accumulate, and derivatives metrics were positive. Ethereum [ETH] has been sitting comfortably under the $1,900 mark, because of which investors have been bearing losses. In fact, the king of altcoins’ number of addresses in profit reached a one month low. […]

cryptocurrency August 6, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements For some time, Ethereum [ETH] has been experiencing a relatively subdued period in the market. However, analysts are cautioning against interpreting this phase as a weakness in the altcoin. Some of those backing ETH […]

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 […]

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 […]

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 […]

cryptocurrency August 4, 2023

In a surprising turn of events, the hacker known as the “Alchemix/Curve Finance Exploiter” has returned a total of 4,819.55 alteth and 6106 Ethereum (ETH) to Alchemix Finance, as reported by the journalist Colin Wu.   Advertisements The hacker, who had gained unauthorized access to the protocol, had earlier demanded that the Alchemix Finance team confirm […]

cryptocurrency August 4, 2023

Advertisements Put options for ETH rose significantly, indicating bearish sentiment within the market. Implied Volatility witnessed an uptick as price declined. Despite earnest endeavors from Ethereum’s [ETH] development team to enhance the protocol, the price of ETH experienced a significant downturn in the past month. This decline exaggerated the bearish sentiment in the market towards […]

cryptocurrency August 4, 2023

Advertisements Matter Labs has denied allegations of source code plagiarism made by Polygon.  Polygon previously accused Matter Labs of copying part of its open-source code without giving due credit. In response, Matter Labs claimed it had sufficiently attributed the copied code to Polygon. Matter Labs, the crypto firm behind zkSync, has responded to the recent […]

cryptocurrency August 3, 2023

Ethereum price is currently still below $2,000 but this could quickly change if some things were to come to pass. Some of the most notable things that have been going on for the cryptocurrency include the multiple exchange-traded funds (ETFs) filings that have been made to the United States Securities and Exchange Commission (SEC). Advertisements […]

cryptocurrency August 3, 2023

Advertisements Six institutions have filed applications for Ethereum ETF. ETH and S&P 500 prices trend separately as stocks gain more value. A recent report showed that certain financial institutions have begun applying for an Ethereum ETF. As ETH gains recognition as an asset class in traditional finance, its price trend could be affected. – How […]