This past week, Bitcoin’s performance has confirmed the hesitance of investors and the frailty of the current bullish bias. The asset, after testing the waters above the 100-day Moving Average (MA), faced immediate rejection—a striking reminder of the market’s inability to sustain upward momentum. Despite recent efforts to drive the price higher, many analysts are
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The current state of the cryptocurrency market, particularly Ethereum, is nothing short of alarming. With rampant speculation for years, many believed cryptocurrencies would emerge as a dominant form of currency for the future. However, the current market dynamics reveal a sobering reality: confidence is waning, and fear is creeping in. Ethereum, once the darling of
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Bitcoin’s recent performance can only be described as lackluster, leaving many investors feeling trapped in a cycle of disappointment. Over the weekend, the cryptocurrency stumbled down to a disheartening low of $81,600, marking a multi-day low that sent ripples of concern through the community. The excitement surrounding Bitcoin’s potential ascent to $90,000 has been replaced
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In an era where digital assets are increasingly becoming mainstream, few figures in the cryptocurrency journalism space stand out as vividly as Semilore Faleti. A name synonymous with clarity in an often murky domain, Faleti’s unique approach lies in his innate ability to dismantle complex concepts surrounding blockchain technology and cryptocurrency into palatable insights that
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Ethereum (ETH), once hailed as a trailblazer of decentralized applications and smart contracts, now finds itself drowning in skepticism and criticism. With a market capitalization of $225 billion, the digital asset has suffered a staggering decline in transaction activity, user growth, and, ultimately, investor confidence. Numerous voices within the crypto community express their disappointment, suggesting
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Venturing into the cryptocurrency realm isn’t just a choice; it’s a rollercoaster ride marked by volatility, confusion, and unexpected enlightenment. As exhilarating as it may be, the complexity of the crypto ecosystem can be overwhelming, often leaving newcomers hesitating on the threshold. Despite this chaos, for many—like Opeyemi—there exists a magnetic pull to immerse oneself
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In a dramatic turn of events, HyperLiquid has revealed profound deficiencies in its risk management framework following the debacle involving its Hyperliquidity Provider (HLP) vault. The company faced immense backlash after a trader’s attempt to manipulate the JELLY token led to catastrophic losses, ultimately questioning the platform’s transparency and reliability. By refunding users who maintained
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