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Ethereum seems to have weathered the recent market downturn quite well, with investors seizing the opportunity to buy in at lower prices. Data from CoinShares reveals that Ethereum has attracted $155 million in inflows over the past week alone. This influx of funds has pushed the year-to-date total inflows for Ethereum to $862 million, the
A recent analysis by CryptoQuant suggests that Ether (ETH) could potentially experience a rally in the near future based on metrics in the cryptocurrency’s futures market. The analyst, Shayan, noted that ETH has recently undergone a significant liquidation event, which historically has been followed by price rallies as markets stabilize and spot buying pressure increases.
Binance, known as the world’s largest cryptocurrency exchange, recently announced the delisting of six altcoins from its platform. This decision has sparked significant price drops for the affected assets, as has been the case historically whenever such delistings occur. Binance periodically reviews each digital asset listed on its platform to ensure that they continue to
Crypto analyst CryptoCon has recently identified a technical indicator that has consistently predicted local highs for Bitcoin in the current bull run. The indicator suggests that Bitcoin could potentially reach $100,000 and even $109,236 by the end of the year. This prediction is based on a trend where Bitcoin has hit a local top one
Recently, Binance, the largest cryptocurrency exchange globally, confirmed that the Venezuelan government has imposed restrictions on access to its website. This action comes in the wake of turmoil following controversial presidential election results in the country. Reports indicate that various websites, including those of different companies and social networks, are experiencing similar access restrictions in
The recent surge in XRP’s price after a court ruling in the Ripple v SEC case has sparked optimism among investors. Despite a slight decline in price following the rally, many in the industry are hopeful for a potential “mega run” and new highs for XRP. Ripple’s XRP made headlines last week when it experienced
Bitcoin is facing a challenging situation as analysts closely monitor the market for key technical indicators and signals to determine its next move. CoinGlass recently reported that the liquidity heatmap is indicating crucial first-test lines at $56,800. This level will serve as a significant point for BTC prices, with potential higher tests if there is
Samsung has officially announced its groundbreaking partnership with Illuvium at Gamescom 2024, with the aim of revolutionizing home entertainment by incorporating Web3 technology. This collaboration is set to bring the Illuvium gaming world directly to living rooms through Samsung’s innovative Web3 TVs, providing players with the opportunity to enjoy the three core games – Overworld,
Atari has once again delved into the world of retro gaming with a modern twist by introducing a revamped version of its classic 1976 game, Breakout. This time around, the game is making a comeback on the Ethereum layer 2 network Base as part of Coinbase’s “OnChain Summer” promotion. The integration of blockchain technology into
