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Ethereum announces a shift from Proof of Work to Proof of Stake. With this new model, investors don’t have to solve complex grinding and electricity-consuming puzzles. However, due to the delay in this merge, Ethereum fell from $3,125 to $2,947 A flux and variability have been seen in the Ethereum(ETH) algorithm from Proof of Work (POW) and adopting a new pathway...

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Bitcoin price movement in the last 24 hours: Bitcoin finds support at $38,000, reacts higher BTC/USD traded in a range of $37,884.99 – $39,397.92, indicating substantial volatility over the last 24 hours. Trading volume has increased by 14.12 percent, totaling $35.1 billion, while the total market cap trades around $746 billion, resulting in a market dominance of...

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The Solana price analysis reveals a continuous downtrend that has seen SOL prices tear up 4.85 percent in the last 24 hours. The market has had a bleak month with prices shedding over 18 percent in the last 30 days. Sol’s recent price movements have been shaped by a descending channel pattern. The immediate resistance for SOL lies at $105.0, while support sits at...

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Bitcoin price movement in the last 24 hours: Bitcoin moves sideways BTC/USD traded in a range of $39,422.26 to $39,935.86, indicating low volatility over the last 24 hours. Trading volume has declined by 32.46 percent, totaling $15.7 billion, while the total market cap trades at $750.74 billion, resulting in a dominance of 40.97 percent. BTC/USD 4-hour chart: BTC...

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The TRON price analysis indicates a strong bullish trend, as a sharp increase in price has been detected today. The most recent update shows that the cryptocurrency is going in favor of the buyers as they have taken over the market. The past few hours have observed a continuous aggressive bullish price movement, due to which the price has reached the $0.073 level...

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Tron price analysis shows bearish signs once again as price gave away upper momentum to fall prey to bears. TRX endured a 2 percent decrement over the past 24 hours, after rising more than 7 percent over the past 2 days to form promising signs. Price has faced multiple rejections around the $0.06 mark during the current month and looked to be heading past that...

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Bitcoin price analysis is bullish today as we expect to test more upside and set a slightly higher local high after a strong recovery. BTC/USD will likely move to the $42,000 resistance as the momentum is still strong. The market has gained ground over the last 24 hours. The leader, Bitcoin, gained 3.34 percent, while Ethereum gained 4.92 percent. Meanwhile, the...

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In a recent interview, Do Kwon, Co-founder and CEO of Terraform Labs — as well as a director at Luna Foundation Guard (LFG) — talked about the limitations of centralized fiat-backed stablecoins. Kwon’s comments were made during an interview with Kate Rooney, a technology reporter for CNBC. According to a report by The Daily Hodl, Kwon said: “I don’t think that...

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The Neo price analysis reveals a bearish market after NEO prices closed yesterday’s trading chart at $19.60. Today, the market is trading sideways with a slight bearish bias as the bulls attempt to correct higher. The immediate resistance for NEO prices lies at $20 while support is present at $19.0.Neo prices are currently trading at $21.05, a correction on the...

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Bitcoin whale movement within exchanges at a seven-year low. Whales have predominantly been performing their trades via OTC desks. This has been contributing to Bitcoin’s price continuing to linger below ATH. Bitcoin whale movement in the market has long been noted to be one of the driving forces of price. At the moment, it seems their choice of where to carry...

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The VeChain price analysis shows that the market is bearish today. The strongest resistance is present at $0.0875 while the support lies at $0.0598. The market may see some recovery in the near future as the MACD shows signs of a bullish crossover. The VeChain price is currently trading at $0.0598 and is down by 3.59% in the last 24 hours. The market cap of the...

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The number of wallets holding Cardano’s native $ADA token has grown by 1,600% since December 2020, when there were 186,000 wallets on-chain holding the cryptocurrency. The number of wallets on the cryptocurrency’s network kept growing even as the total value locked (TVL) on its decentralized Finance (DeFi) protocols wanes.