Ethereum price has reached higher and higher lows throughout 2023 and since its low in June 2022. Ethereum sentiment is at extreme lows despite the ongoing recovery in the cryptocurrency market. Controversy continues to prevent major altcoins from joining the fun. However, a rising tide lifts all boats, and Bitcoin’s breakout might have been enough […]
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Wyoming Senator Cynthia Lummis has pointed out that the SEC’s policies are going overboard and overreaching on cryptocurrencies. US Senator Cynthia Lummis is not a supporter of the Securities and Exchange Commission’s (SEC) crackdown on the cryptocurrency industry. For this reason, she has now promised to help block one of the agency’s new and controversial […]
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Arthur Hayes warns that institutional custody can transform Bitcoin from a tool of financial freedom to an institutional asset. Institutional interests and those of Bitcoin ETFs could lead to hoarding, turning Bitcoin into a stagnant asset rather than a circulating currency. Despite the bullish market sentiment driven by institutional interest, Hayes’ narrative urges investors to […]
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The decline in Ethereum NFTs was not only a reflection of the typical pattern seen with many fleeting trends, but also a testament to the crypto market’s changing nature. Ethereum (ETH) NFTs, which had previously seen a significant rise in popularity, had recently seen a decline in attention as the fervor surrounding the digital asset […]
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Bitcoin managed to surpass $35,000 several times this week, making its market capitalization $679.499 billion. A look at Bitcoin price action shows that consolidation has resumed below the $35,000 support level, but most holders are holding steady. Onchain data has revealed that the amount of immobile Bitcoin in a 3-month period has reached a record […]
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