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Crypto Price Analysis & Overview June 12th: Bitcoin, Ethereum, Ripple, VeChain & Kyber Network

Bitcoin Bitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday. Luckily, it found support at...
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ETH Looks For Support at $225 Following a 7% Plunge. Ethereum Price Analysis

Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230. The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far. Against Bitcoin, Ethereum struggles at the 0.025 BTC level. Key Support & Resistance Levels ETH/USD: Support:...
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A Second Ethereum Transaction With $2.6 Million Fee From The Same Address Just Took Place

Yesterday, an unusual transaction grabbed the community’s attention as someone paid 10,668 ETH (over $2.6 million) in fees, while the value it transmitted was only 0.55 ETH. Today, another transaction originating from the same wallet carried 350 ETH, and the fee was again – 10,668 ETH. The mining group that mined the block has urged...
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New Reports Link More Than 40% of PAX Stablecoin Transfers To MMM Ponzi Scheme

Stablecoins are touted as a hedge against the high volatility in the cryptocurrency markets since they are pegged to a relatively stable asset or a basket of assets like fiats or precious metals. However, new findings reveal that some of these tokens have ties with illicit activities like Ponzi schemes. In its latest state of...
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Ethereum Price Sideways Action Around $250: The Calm Before The Storm? ETH Analysis & Overview

Ethereum surged by a total of around 20% over the past two weeks, but it struggles to break $250. The cryptocurrency has been trading between $235 and $250 for the entire period of June. Against Bitcoin, Ethereum struggles to pass the resistance at 0.0253 BTC. Key Support & Resistance Levels ETH/USD: Support: $240, $235, $225....
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Someone Just Paid Record-Breaking Transaction Fee Of $2.5 Million To Send $130 Worth of ETH

A recent transaction on Ethereum’s network saw someone pay 10,668 ETH in fees while the actual value of the transaction was 0.55 ETH. This isn’t the first instance of something like this happen as insane fees have been paid on several occasions in the past. $2.5 Million Worth of ETH Fees for a Single Transaction...
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Fidelity: 36% Of Institutional Investors Own Bitcoin and Other Cryptocurrencies

A study compiled by the American multinational financial services corporation Fidelity Investments informed that a third of large institutional investors own a form of cryptocurrency. The highest level of interest came from Europe, followed by the US. Institutional Investors Choose Cryptocurrencies According to the report from Bloomberg citing the survey from Fidelity, 36% of all...
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Joseph Lubin’s ConsenSys To Launch a Compliance Service Focusing on DeFi Solutions

ConsenSys, the blockchain software company headed by Etherem’s co-founder Joseph Lubin, plans to launch a compliance service focused on decentralized finance projects (DeFi) and cryptocurrency exchanges to analyze and track transactions utilizing the Ethereum network. ConsenSys To Launch A New Service According to a recent Bloomberg report, the new service coming from ConsenSys will primarily...
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Fees on Ethereum Now Higher Than Bitcoin’s as Unconfirmed Transactions Rise Past 100,000

Recent data indicates that Bitcoin transaction fees have been decreasing after the post-halving peak, while Ethereum fees are on the rise. As such, the total amount in fees spent on the Ethereum network has surpassed Bitcoin’s, and the gap continues to grow. The “Feepening” Ethereum Vs. Bitcoin According to information from the cryptocurrency data company...
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Bitcoin Having Hard Times At $10K While Wall Street Breaking Records: The Crypto Weekly Market Update

To say that this week has been a wild ride is definitely an understatement. Bitcoin’s price went nuts and kept everyone on edge. In the span of 24 hours, BTC went to surge from $9,400 to almost $10,500 and then back to $9,400 and even lower down to $8,600 on BitMEX. This whole ordeal saw...
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Crypto Price Analysis & Overview June 5th: Bitcoin, Ethereum, Ripple, Cardano & CRO

Bitcoin Bitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high. Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week...
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ETH Hashrate Increases By 30% In 2020 Anticipating The Launch of Ethereum 2.0

Ethereum’s hash rate has increased by nearly 30% since the start of 2020 to the current levels of 187,369 GH/s suggesting that miners are becoming more involved before the impending launch of Ethereum 2.0. ETH Hash Rate Rises In 2020 According to data from Etherscan, ETH’s hash rate started the year at approximately 147,405 GH/s....
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After A False Breakout, Can Ethereum Finally Get Beyond $250? ETH Price Analysis

Ethereum surged by 15% over the past week of trading as it reaches $243. The coin broke above an ascending triangle pattern to end the consolidation during the week. Against Bitcoin, Ethereum has broken the upper boundary of a wide symmetrical triangle. Key Support & Resistance Levels ETH/USD: Support: $240, $225, $220. Resistance: $245, $250,...
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Fed Chair Jerome Powell Endorses Ethereum-Backed Reference Rate Project To Replace LIBOR

Jerome Powell, the current Chair of the US Federal Reserve, recently stated that an Ethereum-backed blockchain project operating as a reference rate – called AMERIBOR – could serve as a potential replacement to LIBOR. Blockchain Project To Replace LIBOR? The London Interbank Offered Rate (LIBOR) has a significant role in global finance. It’s utilized to...
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ETH Finally Reclaims $250 In Wake of Bitcoin’s Latest Rally, What’s Next? Ethereum Price Analysis

Ethereum surged by a total of 6% over the past 24 hours of trading as the coin breaks $250. Before this, ETH was struggling with the resistance at $244 – which has now become strong support. Against Bitcoin, Ethereum remains within a wide symmetrical triangle as it attempts to break the upper boundary again. Key...
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Total Market Cap Breaks Critical Resistance Level: Altcoin Season 2020 Incoming?

Bitcoin surged above $10,000 for the first time since February, and it took the entire market with it. Altcoins are all flashing in green, as the total capitalization increased by more than $13 billion overnight. Now, a popular cryptocurrency trader pointed out that the chart of the total market cap went through the same pattern...
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Ethereum Price Analysis: After 15% Weekly Gains, Can ETH Break $250 First Time Since February?

Ethereum completes a daily 10% price increase, and a 7-day 15% gains, recording a current high of $245. ETH hit resistance at a bearish .786 Fib Retracement before dropping by 2.5% today down to the $235 price region. Against Bitcoin, Ethereum exploded to 0.025 BTC, which is a new 30-day high. Key Support & Resistance...
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Messari: ETH Share On Ethereum’s Blockchain Contentiously Decline, Might Soon Tumble Below 50%

The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.” ETH’s Role On Ethereum Blockchain Decreases Per the research provided by Messari’s...
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Is Bitcoin On Its Way To Finally Break $10K? The Crypto Weekly Market Update

Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it...
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Crypto Price Analysis & Overview May 29th: Bitcoin, Ethereum, Ripple, Tezos, and Chainlink

Bitcoin Bitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into...
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Chris Dunn Trader’s Digest: Bitcoin To $150K Post-Halving, Crypto Investing Methodology, Tips, And More

If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you. The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in...
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Bitcoin Struggles To Maintain $9000 As THETA Plunges 20%: Thursday’s Market Watch

The past few days have been relatively exciting in the cryptocurrency market. Bitcoin managed to reclaim the $9,000 level but it appears that bulls might be running out of steam. At the same time, despite the fluctuations in its price, large-cap altcoins failed to make any serious advances as most of them remain more or...
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Grayscale Is Buying More Bitcoin Than There Is Mined, Report Says

The digital asset management company, Grayscale Investments, has increased its Bitcoin buying speed recently. According to a researcher, the firm’s accumulation levels have jumped to about 150% of the freshly mined coins since the third halving. Grayscale Buys A Lot of Bitcoin As CryptoPotato reported recently, Grayscale had increased its Bitcoin holdings by 60,000 coins...
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Ethereum Price Analysis: ETH Bounces From $200 But Shows Weakness Against The Rising Bitcoin

Ethereum increased by 3% today as it rebounds from $200 and reaches $208. The cryptocurrency battles to remain above the rising trend line. Against Bitcoin, Ethereum failed to continue above 0.023 BTC as it drops back into the 200-day EMA. Key Support & Resistance Levels ETH/USD: Support: $200, $187, $180. Resistance: $215, $220, $225. ETH/BTC:...
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Ethereum’s Endless Battle At $200 Is Getting To Decision: ETH Price Analysis

Ethereum increased by 2% today as the buyers battle to defend the $200 level. A rising trend line formation further bolsters the support at $200. Against Bitcoin, ETH continues its road to recovery as it breaches the 0.023 BTC level today. Key Support & Resistance Levels ETH/USD: Support: $200, $187, $180. Resistance: $211, $220, $225....
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There Are Now 3.5X Ethereum (ETH) Non-Zero Addresses Compared To Jan’ 18 ATH Of $1,400

Despite Ethereum’s price nosediving by over 85% from the all-time high levels reached in January 2018, the interest in the second-seeded cryptocurrency by market cap is gradually increasing. New data indicates that the number of non-zero ETH addresses has skyrocketed by over 350% since the time ETH reached its all-time high levels. Ethereum Addresses On...
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Ledger and Trezor At Risk As Hacker Claims To Offer Wallet Users’ Personal Details

Users of the two leading cryptocurrency hardware wallets could be at risk after a hacker offered to sell personal details of thousands of the companies’ customers. Hacker Offers HD Wallet Users’ Details As per multiple screenshots posted to Twitter, the hacker offered to sell personal details of customers from a wide range of financial services...
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Bitcoin Steady Above $9,000 Anticipating The New Week’s Start: Sunday’s Crypto Market Watch

The past 24 hours have been relatively calm for the leading cryptocurrencies by market capitalization. As of writing these lines, Bitcoin is trading today in a tight range around $9,200. From a technical standpoint, the range between $9,200 – $9,300 is the first significant resistance level for the primary cryptocurrency. If it breaks it successfully,...
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Top 3: Tether (USDT) Is Now The 3rd Largest Crypto By Market-Cap Surpassing Ripple (XRP)

Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization. In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its...
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When The Ethereum You Know Becomes a Shard in ETH 2.0 (Opinion)

The rollout of Ethereum 2.0 is set to arrive in installments, with the first milestone expected some time around Q3 of 2020. From that moment on, things promise to get interesting. At one point, we will see two Ethereum blockchains existing at the same time. Initially, the ETH 2.0 token will be practically useless for...
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Bitcoin (BTC) $ 94,572.34 0.75%
Ethereum (ETH) $ 3,442.67 5.10%
Tether (USDT) $ 0.998681 0.14%
XRP (XRP) $ 2.24 2.23%
BNB (BNB) $ 694.43 7.25%
Solana (SOL) $ 191.18 6.05%
Dogecoin (DOGE) $ 0.324696 4.32%
USDC (USDC) $ 1.00 0.14%
Cardano (ADA) $ 0.925928 5.05%
Lido Staked Ether (STETH) $ 3,435.85 5.04%