Despite the excitement surrounding the launch of several Ethereum ETFs this week, the price of Ethereum actually experienced a significant drop of over 10%. This unexpected turn of events transformed the ETF launch into a sell-the-news moment for investors. The support level at $3,300 has now turned into a resistance level, potentially pushing ETH down
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A crypto analyst, known as ‘Trader Tardigrade’, recently made a bold prediction regarding Bitcoin’s price trajectory. According to the analyst, Bitcoin is currently forming a key technical pattern called the “Cup with Handle” chart pattern. This unique indicator typically resembles a cup shape followed by a downward price trend that emulates a handle. Trader Tardigrade
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After a recent sophisticated cyber attack on WazirX’s multi-signature Ethereum wallet, the exchange conducted a preliminary investigation. According to a blog post on July 25, WazirX revealed that there was no evidence to suggest that the machines of WazirX signers had been compromised during the attack. This attack, which occurred earlier in the month, has
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Ethereum whales have been making strategic moves in the market recently, as evidenced by on-chain data showing a significant accumulation of the second-largest crypto token by market cap. Despite a decline in ETH’s price, these investors have been actively purchasing the digital asset. Data from the market intelligence platform IntoTheBlock reveals that Ethereum whales bought
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