Can Ethereum (ETH) Maintain Its Bullish Momentum?

Ethereum’s current trading near the 20-day moving average suggests potential consolidation. Whale activity is increasing, with 48,687 ETH transferred to Kraken this year, indicating profit-taking. Ethereum is currently trading at $3,397.46, reflecting a daily surge of 1.91%. Its market capitalisation stands at $409.28 billion, maintaining its position as the second-largest cryptocurrency. Over the last 24…

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ETF Integration and Its Trading Impact

– Advertisement – The ETF focuses on exposure to Solana futures contracts, traded exclusively on CFTC-registered exchanges. Volatility Shares LLC manages the Fund, focusing on portfolio strategy without traditional market trend analysis. Recent data analysis of Solana (SOL$SOL) indicates a slower rate of growth when compared to Bitcoin (BTC$BTC) and Ethereum (ETH$ETH). Despite this, Solana…

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DeFi has 3 options if IRS rules remain – Alex Thorn

The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose between compliance, blocking U.S. users, or fully decentralizing. Each path carries risks and could significantly impact the future of decentralized finance. The IRS recently introduced reporting regulations that could the decentralized finance (DeFi) space. The regulations…

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Decentraland Leads Developer Engagement in NFTs

The Ethereum-based virtual reality platform Decentraland has emerged as the leading NFT project in terms of developer engagement over the past month, according to data from Santiment, a prominent analytics firm. With an impressive 116.27 GitHub events recorded, Decentraland showcases its significant role within the NFT landscape. Why is Developer Activity Important? Santiment emphasizes that…

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COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

The Ethereum $3,393-based virtual reality platform Decentraland has emerged as the NFT project with the highest developer participation in the last 30 days, according to the crypto analysis firm Santiment. With a significant 116.27 GitHub events, Decentraland demonstrates a strong position within the NFT ecosystem. High Developer Activity Inspires ConfidenceDecentraland Holds a Leading Position in…

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Giant Cryptocurrency Whale Gave Up: He Sold Massive Amount of This Altcoin He Bought Before The Crash

According to Onchain data, a crypto whale appears to have sold the altcoin he recently purchased at a loss in his latest transactions. According to the data, the crypto whale in question recently transferred $5.37 million worth of Chainlink (LINK) to Binance and OKX. This whale withdrew 595,000 LINK worth $17.31 million via cryptocurrency exchange…

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The transformative impacts of Web3Bay, Celestia, & VeChain on crypto

During the ongoing crypto bull run, three projects are drawing considerable attention: Celestia, VeChain, and Web3Bay. Celestia’s recent mainnet introduction showcases groundbreaking modular blockchain technology, providing developers with tools to create scalable, customized solutions. VeChain is enhancing its governance with the new X/Economic Node Endorsement feature, which has already contributed to a significant 42% increase…

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Cardano Fails to Grab Traction Despite 2 Billion Transaction Milestone: Why is ADA Dropping?

Cardano recently hit a major milestone with over 2 billion transactions on its network, showcasing its scalability and commitment to growth. Despite this impressive achievement, the price of ADA has been steadily falling, causing concern among investors.  At the same time, DTX Exchange is making significant strides in the crypto market, attracting attention with its…

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