In a market filled with positive sentiment towards cryptocurrencies, prominent crypto analyst Crypto Con has provided an optimistic assessment of Bitcoin’s potential future. By carefully examining historical patterns, Crypto Con has suggested that the price of BTC could surge to $123,832 in the coming months. His analysis is based on past market behavior and trends,
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The Rehabilitation Trustee of the defunct crypto exchange Mt. Gox has made it clear that despite transferring over 140,000 BTC today, it has not sold its significant Bitcoin holdings. The trustee has emphasized that preparations to repay creditors are currently underway. The bankruptcy process is expected to compensate creditors with fiat currency, Bitcoin, and Bitcoin
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Grayscale’s upcoming spot Ether exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission has sparked conversations about the potential impact it could have on the market. According to analysts at Kaiko, if Grayscale’s Ether Trust (ETHE) follows the pattern set by the Grayscale Bitcoin Trust (GBTC) in its transition to an ETF, we
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Ethereum (ETH) is currently experiencing a significant technical breakout that has placed it at the forefront of an impending market surge. According to crypto analyst Jelle, Ethereum has recently broken out from a bearish pattern, specifically the “falling wedge,” and has successfully flipped key resistance levels into support zones. This breakthrough has propelled Ethereum towards
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The value of the Normie (NORMIE) token plummeted by 99% in just three hours after falling victim to a smart contract exploit. This exploit led to a significant drop in Normie’s market cap, bringing it down from $42 million to a mere $200,000. Following the exploit, the developers of the Base meme coin are currently
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Following a significant week for Ethereum, technical analysis reveals a candlestick pattern that could signal a sharp increase in ETH prices in the near future. Analysts are highlighting key events on the monthly chart, specifically noting the reversal of the ETH/BTC ratio from a long-standing support trend line. Traditionally, a bounce from this line leads
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The European Securities and Markets Authority (ESMA) has identified Maximum Extractable Value (MEV) as a form of illegal market abuse under the proposed technical standards for the Markets in Crypto-Assets (MiCA) regulation. This development, highlighted by Patrick Hansen, a well-known commentator on crypto regulations, has significant implications for the crypto industry. Regulated crypto businesses in
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