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Day: May 2, 2024

Solana, Ethereum, are best for ‘mainstream stablecoins’ – Here’s what it means

cryptocurrency May 2, 2024

Stablecoins are set to be “mainstream,” per Bitwise exec.  Exec suggests Ethereum, Solana as starting points for stablecoins investments. Asset manager Bitwise sees the booming $159.5 billion stablecoin market as another crypto frontier worth investors’ attention. Advertisements In Q1 2024 alone, Tether [USDT], the leading stablecoin issuer by market cap, netted a record $4.5 billion […]

Ethereum Price Revisits Key Support, Can Bears Take Over?

cryptocurrency May 2, 2024

Ethereum price started another decline and traded below $2,920. ETH could gain bearish momentum if there is a close below the $2,800 support zone. Advertisements Ethereum remained in a bearish zone and traded below the $2,900 zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a connecting bearish trend […]

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