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A massive downtrend in the STEPN (GMT) prices witnessed in the last 30 days appears to be nearing exhaustion.GMT's price has rebounded by nearly 35%—from $0.80 on May 27 to $0.99 on May 28. Interestingly, the upside retracement started after the price fell in the same range, which had acted
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Anchor Protocol (ANC) returned to its bullish form this May after plunging by over 70% in the previous two months. Pullback risks aheadANC's price rebounded by a little over 42.50% between May 1 and May 6, reaching $2.26, its highest level in three weeks. Nonetheless, the token experienced a selloff on May
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The chipmaker’s fiscal fourth quarter revenue from its Cryptocurrency Mining Processors (CMP) tumbled 77% from the previous quarter. Source
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On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves. The “all exchanges
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Ethereum started a downside correction below $4,700 against the US Dollar. ETH is recovering, but it must clear $4,720 to start a fresh increase in the near term. Ethereum started a downside correction below the $4,750 and $4,650 levels. The price is now trading below $4,700 and the 100 hourly simple moving
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Robinhood (HOOD) shares were falling 7% in after-hours trading Tuesday after the zero-commission trading platform missed badly on revenue expectations as its cryptocurrency revenue fell sharply from the second quarter’s record high.Robinhood said its crypto revenues fell to just $51 million in the third quarter, down from a record $233
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Ethereum started an upside correction above the $1,850 resistance against the US Dollar. ETH price is likely to continue higher if there is a close above the $2,000 resistance. Ethereum started a decent upward move above the $1,850 and $1,950 resistance levels. The price is now trading well above $1,900 and the
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Bitcoin fell more than 7 percent on Monday after a whale deposited 18,000 BTC into a Gemini wallet. The flagship cryptocurrency dropped to an intraday low of $54,568 at 0940 UTC, down 7.47 percent into the European session. Its correction started on Sunday after the price reached a new record high
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Ethereum started a sharp decline after it failed to surpass the $1,850 resistance against the US Dollar. ETH price tested $1,660 and it is currently facing hurdles near $1,760. Ethereum started a strong downside correction from the $1,850 and $1,860 resistance levels. The price is now trading well below $1,800 and the
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