Tag: COIN:DOGEUSD
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Crypto: Ethereum’s Dencun Update Goes Live, Quantum Blockchain’s ‘Method C’ Revolutionizes Mining, and Latest News
Ethereum launches Dencun upgrade to reduce layer 2 transaction costs Ethereum (COIN:ETHUSD) introduced the Dencun upgrade on Wednesday, which implements mechanisms to lower transaction costs on layer 2 solutions that bundle multiple transactions for the main network. This change has already shown results, with the average transaction cost on Optimism (COIN:OPUSD) dropping to about 4…
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Crypto: Ether Approaches $4,000, PEPE Surges 24%, Aevo Unveils Innovative Pre-Market Token Launch, and More
Ether approaches $4,000 driven by market rally and Ethereum’s post-Merge deflationary impact With a 63% surge in 30 days, Ether (COIN:ETHUSD) stands out in the crypto market, outpacing Bitcoin’s (COIN:BTCUSD) performance and nearing the $4,000 mark at the time of writing, a milestone not seen since December 2021. Since Ethereum’s transition to the Proof of…
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Crypto: Meme Coins Dominate Crypto Market, Bitcoin Surpasses $67K, and Latest News
Rise of Bitcoin and impact on the crypto market On Monday, Bitcoin (COIN:BTCUSD) approached its record value, with an increase of almost 6,8%, reaching $ 67.479. Ether (COIN:ETHUSD) also saw a modest increase of 1.6% to $3,581. After a weekend pause, both cryptocurrencies resumed their upward momentum, driven by the introduction of new bitcoin ETFs…
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US Index Futures Slightly Rise; Bitcoin Reaches 2021 High
On Tuesday, U.S. index futures showed a slight increase, in anticipation of significant economic indicators expected later in the week and statements from Federal Reserve officials, which may reveal valuable clues about future interest rate directions. At 5:35 AM, Dow Jones Industrial Average futures (DOWI:DJI) were up 13 points, or 0.03%. S&P 500 futures rose…
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Crypto: Avalanche Memecoin Criteria, OKB’s Rapid Decline and Recovery, and More
Bitcoin falls below $40,000 On Monday, the cryptocurrency market experienced a significant setback, with Bitcoin (COIN:BTCUSD) dropping notably below the $40,000 mark, marking its lowest value of the year. By Tuesday, Bitcoin had stabilized, trading at $39,482. Meanwhile, Ethereum (COIN:ETHUSD) continued its downward trend, priced at $2,220, a decrease of 3.93% from the previous day.…
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Crypto: Terraform Labs Files for Bankruptcy, MetaMask and Consensys Stake Introduce ETH Staking, and More
Crypto market volatility causes $138 million liquidation in 24 hours The crypto market starts the week with significant losses, highlighted by the sharp falls of Solana (COIN:SOLUSD), Ripple (COIN:XRPUSD), and Cardano (COIN:ADAUSD). Bitcoin (COIN:BTCUSD), having lost the crucial support level of $41,000, affected other cryptocurrencies, resulting in over $138 million in liquidations, mainly of long…
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Crypto: Tokenized Fund Earns Moody’s AA Rating, Binance Contemplates Privacy Token Removal, and Latest Updates
Bitcoin recovers after a drop due to leveraged liquidations Bitcoin (COIN:BTCUSD) has shown a slight recovery, trading just above $44,000, after dropping by up to 7% on Wednesday due to leveraged liquidations. Increased leverage and a non-consensus report from Matrixport contributed to the cascade liquidation, resulting in the elimination of nearly $560 million in long…
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Crypto: BONK Fuels Saga Phone Sales, SafeMoon Files for Bankruptcy, and More
Bitcoin is just below $42,000 after reaching 20-month highs, with optimistic forecasts for 2024 After hitting its highest levels in the last 20 months the previous week, Bitcoin (COIN:BTCUSD) appears to have established a trading range between $42,000 and just over $43,000 during this week. The cryptocurrency is currently trading at around $41,860, showing a…
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Crypto: BONK Price Soars Following Coinbase Listing, JPMorgan Predicts Ethereum Dominance in 2024, and More
Bitcoin boosts the crypto market with a $40 billion surge Following recent statements by Jerome Powell, the chairman of the Federal Reserve, financial markets reacted with expectations of seven interest rate cuts in 2024, with the federal funds rate potentially reaching between 3.50% and 3.75%. This prediction boosted several indices, with the Dow Jones surpassing…
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Crypto This Monday: Bitcoin Surpasses 41K, Mantle Innovates with Ethereum Staking Protocol, and More
Investments in crypto assets reach new highs Asset managers such as CoinShares, Bitwise, Grayscale, ProShares, and 21Shares have reported an influx of $176 million in crypto assets in the last week, marking a total of $1.76 billion in 10 weeks. This period of inflows is the most significant since the launch of bitcoin futures-based ETFs…