#Bitcoin, the world’s largest cryptocurrency by market value, dropped just below the $26,000 mark on Wednesday after trading in a tight range over the past 24 hours and hitting a weekly low of $25,500.
The cryptocurrency rebounded slightly from the low, but remains down 9% over the last seven days as markets await developments from the central bankers’ meeting at Jackson Hole on Friday.
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The cryptocurrency rebounded slightly from the low, but remains down 9% over the last seven days as markets await developments from the central bankers’ meeting at Jackson Hole on Friday.
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#Ripple racked up over 17% price contraction during the market crash this past week
#XRP price has experienced a notable contraction of 17.60% in just one week, from August 15 to 22, to later present a slight recovery of 6.81%.
From last August 15 to August 22, the price of the Ripple token had fallen by 17.60% of its value, going from trading at from $0.6098 to $0.5025.
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#XRP price has experienced a notable contraction of 17.60% in just one week, from August 15 to 22, to later present a slight recovery of 6.81%.
From last August 15 to August 22, the price of the Ripple token had fallen by 17.60% of its value, going from trading at from $0.6098 to $0.5025.
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#DYDX price was down by more than 15% over the last week as the crypto market crashed.
While other altcoins are taking it slow in making back their losses, the DeFi token seems to be in a hurry.
Already up by a little over 10% in the past 24 hours, DYDX is set to breach the 200-day Exponential Moving Average (EMA) as it sets eyes at $2.35.
Read the complete post here: https://social.wubits.io/share/64e6a6412d7f801682ff6e59?rid=63dffbc796acc11510f0903b&utm_source=link
While other altcoins are taking it slow in making back their losses, the DeFi token seems to be in a hurry.
Already up by a little over 10% in the past 24 hours, DYDX is set to breach the 200-day Exponential Moving Average (EMA) as it sets eyes at $2.35.
Read the complete post here: https://social.wubits.io/share/64e6a6412d7f801682ff6e59?rid=63dffbc796acc11510f0903b&utm_source=link
#Solana #SOL price at the time of writing was up by 5% in the last 24 hours, trading at $21.61, after registering an 18.5% decline in the last ten days.
One of the biggest contributing factors has been the recent integration of #SolanaPay into #Shopify, an #Ecommerce giant.
Users will be able to pay using #cryptocurrencies on the shopping portal with the help of Solana, although initially, only #USDC (#USDCoin) is supported.
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One of the biggest contributing factors has been the recent integration of #SolanaPay into #Shopify, an #Ecommerce giant.
Users will be able to pay using #cryptocurrencies on the shopping portal with the help of Solana, although initially, only #USDC (#USDCoin) is supported.
Read the complete post here https://social.wubits.io/share/64e6a81c2d7f801682ff6e9d?rid=63dffbc796acc11510f0903b&utm_source=link
Ethereum (#ETH) price has gained momentum, showing more strength than #Bitcoin price despite BTC’s influence in driving altcoins in the crypto market. #news #crypto #cryptonews
The outpacing comes as more traders are betting on ETH, following growing speculation of an Ethereum Futures #Exchange Traded Fund (ETF) coming ahead of a spot #BTC #ETF.
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The outpacing comes as more traders are betting on ETH, following growing speculation of an Ethereum Futures #Exchange Traded Fund (ETF) coming ahead of a spot #BTC #ETF.
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On Friday, #Deribit, the world's leading crypto options exchange by open interest and volume, will settle 72,000 #BTC August #options contracts worth $1.9 billion and 535,000 #ETH options contracts valued at $893 million.
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#Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.07. #Bitcoin is trading at $26.3K.
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The market is growing. Market cap is $1.07. #Bitcoin is trading at $26.3K.
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#Bitcoin hodlers are not discouraged
#GalaxyDigital's #report also shows the importance of short-term bitcoin holders and how they did not stop believing in the digital currency, despite its recent drop from $28,900 to $26,500.
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#GalaxyDigital's #report also shows the importance of short-term bitcoin holders and how they did not stop believing in the digital currency, despite its recent drop from $28,900 to $26,500.
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#SUI raises price after subsidy announcement
The cryptocurrency is among those that had the most gains in the last seven days.
The SUI #token went from trading USD 0.47 to USD 0.61 during the last week, showing an increase of almost 30%. And, although it later fell to USD 0.59, it continues to stand out for its increase on a weekly basis.
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The cryptocurrency is among those that had the most gains in the last seven days.
The SUI #token went from trading USD 0.47 to USD 0.61 during the last week, showing an increase of almost 30%. And, although it later fell to USD 0.59, it continues to stand out for its increase on a weekly basis.
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Market depth is a widely used measure of liquidity, commonly calculated across the order books of cryptocurrency pairs on centralized exchanges (#CEXes), according to #Kaiko.
It provides the amount of bids and asks at varying distances from the mid-price, encompassing a range from -0.1% to 10%.
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It provides the amount of bids and asks at varying distances from the mid-price, encompassing a range from -0.1% to 10%.
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#Base is the fastest L2 to grow to 100,000 users. This milestone was reached just 56 days after launch.
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👋 Just 5.8% of #Bitcoin is currently sitting on exchanges, which is officially the lowest level #crypto's top market cap asset has seen since December 17, 2017.
We are also continuing to see reasonable amounts of $BTC whale transactions (57.4K per week).
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We are also continuing to see reasonable amounts of $BTC whale transactions (57.4K per week).
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🐳 #Ethereum network has increased activity from large addresses during this dip below $1,650 and its highly volatile price conditions.
The amount of wallets with between $10 and $10,000 ETH rose again to 355,000, and transactions of more than $100,000 increased.
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The amount of wallets with between $10 and $10,000 ETH rose again to 355,000, and transactions of more than $100,000 increased.
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STOCK MARKET RECAP
The #FOMC's meeting minutes showed that future interest rate hikes remain on the table, signaling continued uncertainty for the #US economy, according to #fidelity #news #marketstock.
Meanwhile, news from overseas indicated that China's economy continues...
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The #FOMC's meeting minutes showed that future interest rate hikes remain on the table, signaling continued uncertainty for the #US economy, according to #fidelity #news #marketstock.
Meanwhile, news from overseas indicated that China's economy continues...
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#Bitcoin fell 6.6% on the week, as described in detail above.
It has been a tough period for bitcoin, one that might have been predicted by the calendar alone.
But it hasn’t just been bitcoin that has had a tough time. Equities, despite their positive performance on the w...
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It has been a tough period for bitcoin, one that might have been predicted by the calendar alone.
But it hasn’t just been bitcoin that has had a tough time. Equities, despite their positive performance on the w...
Read the complete post here
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💰 Bitcoin Halving 2024:
The next #Bitcoin #halving is expected to take place in April 2024.
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The next #Bitcoin #halving is expected to take place in April 2024.
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On-chain analysts at Santiment used a model to evaluate the #MVRV (Market Value to Realized Value) ratio for altcoins, and identified three tokens in the opportunity zone. On-chain intelligence tracker, Santiment, defines the opportunity zone as “buy points” for investors.
#Bounce (#AUCTION), #Linear (#LINA) and #Serum (#SRM) are the three assets that pose an opportunity for traders, according to Santiment’s model, seen in the chart below.
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#Bounce (#AUCTION), #Linear (#LINA) and #Serum (#SRM) are the three assets that pose an opportunity for traders, according to Santiment’s model, seen in the chart below.
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As per Messari's findings, #Binance Labs has taken the lead as the primary investor in 14 out of 17 cryptocurrency transactions during the past six months.
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Weekly Star Summary Of The Most Important Scientific Data For The Cryptocurrency Market Compilation - #Bitcoin #Cryptocurrency #Market #LiquidityRising #Shib #GiantUndefeated
Bitcoin Back On Blue Way; Growing Activity; Liquidity Rising; #Shib Showing Strong Signals; Giants Keep Racking Up; All Or Nothing For Halving; Giant Undefeated
Read the complete post here; https://www.publish0x.com/rubikkav/weekly-star-summary-of-the-most-important-scientific-data-fo-xgvykdm
Bitcoin Back On Blue Way; Growing Activity; Liquidity Rising; #Shib Showing Strong Signals; Giants Keep Racking Up; All Or Nothing For Halving; Giant Undefeated
Read the complete post here; https://www.publish0x.com/rubikkav/weekly-star-summary-of-the-most-important-scientific-data-fo-xgvykdm
Base is the fastest growing layer 2, having gained 1 million unique addresses in 11 days from its official mainnet launch, according to Coingecko.
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