Tag: ETH
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Rainbow Launches Rewards Program, Teases Future Token Airdrop in Market Battle
Rainbow Introduces Innovative Rewards Program Ethereum wallet Rainbow made an exciting announcement on Tuesday, unveiling its Rainbow Points rewards program. Described as “the first step towards including our community in the future success of Rainbow,” the program is generating considerable excitement among users. Notably, this latest move might be a subtle hint at an upcoming […]
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Avalanche (AVAX) Outperforms Ethereum (ETH) With 100% Surge in One Month
Avalanche Takes Flight Amidst Ethereum’s Losses While Ethereum (ETH) has experienced a downturn in recent days, its competitor, Avalanche (AVAX), has been charting a different course. Not only has Avalanche gained 38% during the week when Ethereum saw a decline of over 4%, but it has also skyrocketed by more than 100% in the past […]
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Ethereum’s OFAC Compliance Drops to a New Low: Community Celebrates Resistance Against Censorship
As the US announces plans to sell 26 million barrels of crude, oil futures fall. Following the announcement that the US government will move on with its plan to sell an additional 26 million barrels of crude oil from the Strategic Petroleum Reserve, oil futures prices fell on Tuesday. In order to honor its promise […]
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Inflation Slowdown Sparks Rise in Cryptocurrency Market: Get Ready for a Bullish Run!
The January CPI data will be released by the U.S. Bureau of Labor Statistics. Today marks the day when the Consumer Price Index (CPI) statistics for the month of January will be made public by the U.S. Bureau of Labor Statistics. The inflation rate is likely to drop down to 6.2%, the lowest level since […]
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As the momentum for the downside slows, Ethereum Maintains Above $1,400
The price of Ethereum (ETH) is decreasing and is getting close to $1,462.20 as a low. The bearish momentum has diminished as Ether maintains its position above the SMA of the 50-day moving average. The largest alternative currency is, incidentally, trapped inside the moving average lines. Ethereum will be compelled to move in a range […]
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Traders Remain Calm Despite Crypto Market Pullback: Options Market Suggests Subdued Volatility Expectations
Crypto Markets Displaying Subdued Volatility Expectations The cryptocurrency market has seen a recent dip in prices, with Bitcoin falling to the mid-$21,000 range and Ethereum dropping below $1,500. However, despite this pullback, options markets indicate that traders still have low expectations for volatility. Deribit’s Bitcoin and Ethereum Volatility Indices are both close to record lows, […]
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As staking concern increases, Bitcoin slows its decline and surpasses Ethereum.
To catch you up, last Thursday saw a 5% decline in the BTC/USDT trading pair as a result of yet another regulatory crackdown, this time on the practice of staking. Despite the fact that the Securities and Exchange Commission (SEClatest )’s goal has no direct effect for bitcoin, confidence in the cryptocurrency markets deteriorated nonetheless, […]
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SEC Settlement Forces Kraken to Halt Staking Services: What Happens to Staked ETH?
Kraken and SEC Reach Settlement over Staking Services The crypto exchange, Kraken, recently entered into a settlement agreement with the Securities and Exchanges Commission (SEC), which resulted in the discontinuation of staking services for Ethereum and similar cryptocurrencies. This news caused a decline in the value of digital assets in the market, leading to a […]
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ETH Bulls Ready to Roar: On-Chain Metrics Show Positive Signs for Ethereum’s Future
ETH Market Update: Is the Trend Moving in the Favor of Bulls? The native token of Ethereum, ETH, has experienced a significant decline in price during the previous several days on the cryptocurrency market. Multiple indicators and measurements provide some insight on the present market scenario despite the directional ambiguity. Price Movement of ETH: A […]
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How Long Will the Price of Ethereum Continue to Trend Sideways?
The price of Ethereum has been stable for about a month, fluctuating between $1680 and $1500. However, as market bearishness grows, the price of ETH has been moving in an extended sideways pattern, which suggests market players’ hesitancy. The $1680 breakthrough will free the price of Ethereum from current consolidation. Ether’s intraday trading volume is […]