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The crypto crash can be unnerving, but the crypto community sustains its bullish position for the Ethereum (ETH) price by June 30, 2002. They are projecting it to soar by 78% at the end of the month. The CoinMarketCap community has predicted ETH will trade at $3,140 at the end of
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Weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance (DeFi) is resulting in the “crypto equivalent of quantitative tightening,” Morgan Stanley said. Source
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Summary: The founder and CEO of BTC.TOP mining, Jiang Zhuoer, has forecasted that the ongoing crypto bear market could end at the end of 2022 and coincide with Ethereum’s Merge. He also anticipates the Ethereum merge to happen between October and December. The Merge and EIP-1559 will make Ethereum the first real deflationary
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin rallied tremendously yesterday, as it soared above the short-term range between $28,500 and $30,600. Last week many
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The United Nations is smitten with distributed ledger technology (DLT). In a conversation with Cryptox at WEF 2022, United Nations International Computing Centre (UNICC) director Sameer Chauhan explained the “massive opportunities” he sees in cryptocurrencies.A former traditional finance executive and head of the UNICC since 2018, Chauhan has seen the
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The latest moves in crypto markets in context for May 31, 2022. Original Source
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Ripple (XRP) has announced a $100 million investment in the carbon trading segment, CEO Brad Garlinghouse told Cryptox’s Joseph Hall in an interview on the sidelines of the World Economic Forum (WEF) Annual Meeting, which concluded on Thursday. Garlinghouse noted the rising profile of cryptocurrency at the international summit, comparing his
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekAndreessen Horowitz closes $4.5 billion crypto fund
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“A formal break of consolidation beyond the previous local extremes, which are located at $30,200 and $29,300, in a sharp move would trigger a wave of liquidation of positions,” Kuptsikevich said. Liquidations typically cause sudden movement of prices as traders cover their positions to protect against losses. Original Source
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Guggenheim Chief Investment Officer Scott Minerd Says there’s a lot more downside to crypto after the market plunged. He has predicted that the price of bitcoin could fall to $8K. Guggenheim’s Scott Minerd Predicts the Future Outlook for Bitcoin, Crypto Bitcoin bear Scott Minard, global chief investment officer of Guggenheim Partners,
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