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The price of Sui (SUI) has dropped sharply after its market debut across leading cryptocurrency exchanges.On May 5, the SUI price was $1.26 per token, down about 70% from its record high of around $4, established two days ago on Binance. Interestingly, on other exchanges like Kraken, the token’s market
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Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% and bringing the overall difficulty down to 48.01 trillion for the
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Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Too much all at once" for U.S. banksData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground as the S&P 500
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Polkadot was one of Tuesday’s biggest movers, as the token dropped to a six-week low in today’s session. Prices fell for a long-term support point of $5.60, as the global crypto market cap was once again 1% lower today. Avalanche also hit a price floor on Tuesday. Polkadot (DOT) Polkadot (DOT) was
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The share of Ethereum (ETH) held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in t near term.ETH whale population shrinks post-ShapellaThe amount of Ether held by addresses with 1,000-10,000 ETH, or "whales," was over 14.033 million ETH on
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The largest cryptocurrency by market capitalization was recently trading at around $27,350, down 0.4% in the past 24 hours, according to CryptoX data. BTC dropped below $28,000 on Friday afternoon, part of a two-day slide that followed a week above $30,000. At one point, bitcoin was changing hands near $27,100. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The price of ethereum (ETH), the second-largest cryptocurrency, is plummeting days after the highly anticipated Shanghai upgrade. Although the trading and cryptocurrency community eagerly awaited the update, prices are moving lower and below the $2,000 level even
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The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make
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Crypto markets have been showing weakness in the past few days as concerns around sticky inflation, stock market earnings and looming recession have dragged prices lower, Edward Moya, senior market analyst of foreign exchange market maker Oanda, said Thursday on CoinDesk TV. Source
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The number of NFT sales across marketplaces has also significantly dropped in the past few days to approximately 16,149 sales reported on April 19. The Non-Fungible Tokens (NFT) market recorded tremendous progress fueled by the DeFi boom in the past few years. The growth of GameFi and the Metaverse market has
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