Synthetix (SNX) Shines As TVL Hits $670M, Analyst Predicts Continued Upswing
Synthetix (SNX), currently positioned as the 54th largest cryptocurrency, has been closely aligned with the overall market trend. Over the past 30
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Nansen reports continued withdrawals from Binance
According to a Nov. 22 post, despite withdrawals continuing, Nansen is not seeing a mass exodus of funds. Among withdrawals, including a $17 million negative netflow, there were more outflows than inflows earlier in the day. An uptick in holdings At the same time, the blockchain analytics firm has seen noteworthy growth, rising
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Dogecoin Price (DOGE) Poised for Continued Weakness Below $0.07
Dogecoin is down over 10% and trading below the $0.070 resistance against the US Dollar. DOGE could extend losses if there is
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Why Did Bitcoin’s BTC Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
Connors writes that despite 2023's focus on Bitcoin's increased dominance and surging fees amid a challenging U.S regulatory environment, Ethereum's post-merge performance, including an unexpected non-impact of staking 'unlock,' increased staking demand, and realized deflationary promise with over 250k ETH 'burned,' is garnering market attention. Source
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European Parliament Report Urges Continued Research but Not Launch of Digital Euro
The ECB is set to decide in October whether to continue its CBDC research with a “realization phase.” A report authored by European economist Ignazio Angeloni has recommended conducting research on a digital euro, but not launching the central bank digital currency (CBDC). In the paper titled “Digital Euro: When in
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With continued Bitcoin adoption comes tamer price action, trader argues
Episode 9 of Cryptox’s Crypto Trading Secrets podcast is now live. In the episode, host Benjamin Pirus chats with Cheds, aka @BigCheds on Twitter. A trader, analyst and author, Cheds fielded an array of questions during the April 6 episode recording, including his opinion on whether Bitcoin’s (BTC) price will
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U.S. SEC Adding Attorneys to Crypto Enforcement Unit, Signals Continued Crackdown
The Securities and Exchange Commission said in March that it was planning to add additional staff to the unit. Source
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Crypto Traders Worried About Continued Liquidity Thinning in Bitcoin and Ether
Data from Paris-based crypto data provider Kaiko show bitcoin's 2% market depth for USDT pairs aggregated from 15 centralized exchanges has slipped to 6,800 BTC, the lowest since May 2022, surpassing the post-FTX low. That's significantly down from the October highs above 15,000 BTC. Ether's 2% market depth has more
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Outshined But Not Lifeless As Dev Activity Sees Continued Acceleration
Solana was scrutinized extensively after speculations appeared connecting it to the bankrupt FTX. The network’s perception of FTX was drastically altered by the occurrence, and the resulting fear, uncertainty, and doubt (FUD) proved challenging to dispel. Almost 9% of the token’s value was wiped out today, perhaps because of the fallout
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Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong
On-chain data suggests Bitcoin whales who accumulated during the June crash have continued to hold strong so far. Bitcoin Sum Coin Age Distribution
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