Bitcoin price started a downside correction from the USD 43,400 zone and traded below USD 42,000. It is currently (12:04 PM UTC) consolidating near USD 42,000 again, but still might decline to the key USD 41,550 support. Similarly, most major altcoins are trading near important support levels. ETH is trying to stay above USD…
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Gains in cryptocurrencies slowed down on hump-day, as bitcoin and ethereum prices hit resistance levels. ETH fell below the $3,000 level, with BTC falling below its long-term ceiling of $42,500 during today’s session. Bitcoin The global crypto market cap was 0.69% lower as of writing, as gains in BTC eased on Wednesday, and prices encountered…
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Bitcoin price extended increase above the USD 43,000 resistance zone and even climbed above USD 43,200, but there was no move above USD 43,500. It is currently (04:20 UTC) consolidating near USD 42,000. Similarly, most major altcoins are also correcting gains. ETH tested the USD 3,050 resistance before correcting lower. XRP is now consolidating…
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Bitcoin price remained strong above the USD 40,500 level. BTC started a fresh increase and cleared the USD 42,000 resistance. It is currently (14:21 UTC) trading around USD 42,900 and might test the USD 43,200 resistance zone. BTC is now up 5% in a day and 8% in a week…. Read More: Bitcoin and…
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Later, the hedge fund manager reportedly purchased more than $22.50 million worth of ETH tokens from FTX and Deribit. Ethereum’s native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido’s liquidity pools. The Singapore-based hedge fund manager provided liquidity…
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Ethereum rose to a one-month high above $3,000 on Tuesday, as the global cryptocurrency market place rose by nearly 4%. Bitcoin was also higher during today’s session, moving to its highest point in over three weeks. Bitcoin Bitcoin rose to its highest level in three weeks on Tuesday, as the world’s largest cryptocurrency climbed beyond…
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After bitcoin started a downside correction below the USD 41,550 support, BTC remained stable above the USD 40,550 level. It is currently (04:06 UTC) rising above USD 42,200 and might attempt a fresh increase above the USD 42,500 resistance zone. Similarly, most major altcoins are showing positive signs. ETH is trading above USD 3,000,…
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Bitcoin price corrected lower from the USD 42,250 zone but BTC remained well bid above the USD 40,500 level and started a fresh increase. It is currently (11:56 UTC) showing positive signs near USD 41,300 and might continue moving higher. BTC is still down 1% in a day…. Read More: Bitcoin and Ethereum Try…
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This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74 ether per minute, which equates to roughly $5K worth of ether destroyed every 60 seconds. 2 Million Ethereum Burned, More…
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Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains. Bitcoin was also consolidating, as it continued to trade above $41,000 during Monday’s session. Bitcoin Despite a selloff to end last week, prices of BTC continued to hover above $41,000 on Monday, as market bulls appear to…
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