Thursday, March 28, 2024
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South Korean crypto traders are pivoting to ‘smaller cap’ altcoins

South Korea’s “big four” crypto exchanges — Bithumb, Korbit, Upbit and Coinone — are showing a marked cooling off in Bitcoin (BTC) enthusiasm.Meanwhile, altcoins are now accounting for the highest 24-hour trading volume according to data from multiple market aggregators.Apart from XRP, which is often popular among crypto traders in

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38% Ethereum futures premium signals traders anticipate $2,500 ETH

Now that Ether's (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some analysts believe Visa's initial USD Coin (USDC) stablecoin transaction settlement on the Ethereum network kicked off the most recent rally. Others attribute the current Ether hike

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Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?

Bitcoin’s (BTC) price has seen massive gains in recent months as the price of Bitcoin accelerated from $11,000 to nearly $62,000. However, such impressive rallies also include relatively calm periods of price action. These periods are consolidative and are needed for the market to find a new floor. In bull markets,

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