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The global cryptocurrency markets saw a slight recovery today as Ethereum (ETH) spiked over 6% to above $3,500 following news of the U.S. Securities and Exchange Commission (SEC) closing its investigation into ETH sales. This bullish trend extended across Ethereum and other altcoins. Consensys Software, an Ethereum developer, confirmed in
A large segment of ADA holders are losing money, since just 30% are now in profit, according to IntoTheBlock statistics. Major investors own 28% of the ADA token, indicating a relatively high amount of whale control. This might affect the price stability and the dangers of manipulation. Market conditions, including
The altcoin market is experiencing high bearish pressure, with major cryptocurrencies seeing notable declines. Ethereum (ETH), the leading altcoin has dropped 4% in the past twenty-four hours, hitting a one-month low of $3,355. Despite this price drop, trading volume has surged by 83%. Other notable coins in the altcoins’ red
The altcoin market has been dominated by bears in recent weeks, with little significant momentum. Although considerable changes and growth are anticipated, most coins are moving at a slow pace. However, MATIC, the native token of Polygon, has experienced a notable imbalance compared to the broader crypto market. MATIC has
Recent report by Liquid Collective and Obol has uncovered various hazards related with Ethereum’s upcoming Pectra upgrade in early 2025. Although distributed validator technology (DVT) has been slow to gain traction. The report stresses the significance of diverse clients, operators, and cloud. Concerning the execution and consensus clients, the report
Charles Hoskinson, founder of Cardano, has suggested that blockchain technology may provide the necessary full proof elections in future elections worldwide and in the U.S. Extending the capabilities of blockchain technology is a typical occurrence among blockchain developers such as Charles Hoskinson. The new X discussion is on the risks
The global crypto market started the weekend with a bearish trend, seeing its market cap dip to $2.42 trillion—a 0.74% decrease over the past day. In contrast, the total crypto market volume over the last 24 hours rose by 3.13%, reaching $71.94 billion. Bitcoin’s dominance slightly decreased to 54.05%, a
Bitcoin (BTC), the premier cryptocurrency, has displayed significant volatility this week, falling over 3% in the past 24 hours to touch $66,304 after a brief recovery to $68,000 on Thursday. This drop comes in the wake of the Federal Reserve’s decision to maintain the interest rate at 5.25% to 5.50%,
According to CoinGlass, the futures trading volume for Cardano (ADA) surged by 29% in the past day, surpassing half a billion dollars. The surge in value shows that ADA perpetual futures trading is becoming more popular than the spot market. Trading volume for Cardano on exchanges reached $466 million, increasing
Bitcoin whales amassed 20,600 BTC worth around $1.38 billion, on June 11, capitalizing on the Bitcoin price fall. Blockchain analytics company CryptoQuant reports that this was the biggest influx of capital for Bitcoin whales since February 28, when spot Bitcoin ETFs were less than six weeks old and BTC was
