A Potential Breakout Looms as Ethereum Exchange Reserves Hit a 5-Year Nadir
Ethereum (ETH) is witnessing increased on-chain activity and a surge in demand as its exchange reserves hit a 5-year low. Santiment suggests a significant price breakout due to these factors. Key Takeaways Ethereum (ETH), the trailblazer in smart contracts and decentralized finance (DeFi) ecosystems, is undergoing a noteworthy uptick in on-chain activity, particularly coinciding with the inception of futures ETFs. …
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Whale Converts Most of their Ethereum Holdings into Bitcoin
A crypto whale swaps 5,500 Ethereum for 344.1 Wrapped Bitcoin (WBTC) worth $8.85 million, diversifying their portfolio amid bullish market sentiments. A notable crypto whale made a significant move in the crypto world by exchanging a large portion of their Ethereum holdings for Bitcoin. This transaction, valued at approximately $8.85 million, involved the exchange of 5,500 Ethereum for 344.1 Wrapped …
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HSBC Enables Customers to Trade Bitcoin and Ether ETFs via Mobile Apps
HSBC enables customers to trade Bitcoin and Ether ETFs through its mobile apps, signaling growing acceptance of cryptocurrencies by a major banking institution. Key Points HSBC, one of the world’s largest banking institutions, has announced that its customers can now trade Bitcoin and Ether exchange-traded funds (ETFs) listed on the Hong Kong stock exchange directly through the bank’s mobile …
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Ethereum Gas Crisis Eases as NFT Marketplace Fees Plunge
As reported by Nansen recently, Ethereum gas fees in NFT marketplaces have observed a significant reduction, steering the cryptocurrency ecosystem out of an impending gas crisis. A noteworthy point to consider is the substantial drop in Ethereum gas usage by NFTs, which now only account for a minor 3% of the total gas consumption. Uniswap Takes Lead in Gas Consumption …
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Crypto Market Slump: Prices of Bitcoin and Ethereum Moderately Collapse
The bitcoin industry is one where things are always shifting and shaking. The volume of the worldwide cryptocurrency market has increased by an astounding 0.81 percent, with bitcoin taking the lead as the most popular virtual currency. But that’s not all; Litecoin has also experienced some significant gains, making it the market’s top gainer. Source: CoinMarket Cap Regrettably, not all …
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Ethereum-based Social Networks and their Potential Impact on Online Privacy
Social media has become an unavoidable part of our lives, and the concept of social networks is rapidly evolving. The emergence of Ethereum-based social networks has opened up new possibilities for online privacy. Ethereum is a blockchain-based platform that enables decentralized applications to run on its network. Social networks based on this platform can provide a greater level of security …
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Crypto Price Update: Bitcoin and Ethereum Price Drops and Meme Coins Fall
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$4.6 Billion in Ethereum Up in Flames
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Brandon Davis
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January 24, 2023
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Ethereum, Crypto, News
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0 Comments
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Crypto Price Updates
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Brandon Davis
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January 21, 2023
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Bitcoin, Ethereum
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0 Comments
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The Crypto Markets are Calmer with Bitcoin Finding Fresh Support, letting the Fear Abate
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Brandon Davis
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January 18, 2023
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Bitcoin, Ethereum, News
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0 Comments
After rising to new levels, holders can now breathe a bit easier as Bitcoin enjoys a level of support not seen before, and it’s not just the upswing that’s causing the excitement. The first glimmers of good news are finally here—evidenced by several upward-trending trading figures. Investors have translated this positivity to the stock market, admittedly not as enthusiastically as …
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