The recent move by the Ethereum Foundation to initiate a sell-off of 1000 ETH to a single address has led to speculation about a potential market peak. This unexpected development has raised questions about the foundation’s perspective on Ethereum’s current valuation and its implications for the cryptocurrency market as a whole. Blockchain analytics platform LookOnChain
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Cardano’s price surged to a 2-year peak of $0.78 on Mar. 5, surpassing Solana’s performance in the weekly timeframe. This uptrend in price is reflective of the overall bullish sentiment surrounding altcoins in the crypto market. Notably, Cardano and several other altcoins have been experiencing significant growth over the past week, indicating a shift in
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Cryptocurrency exchange Binance made a significant announcement regarding its services in Nigeria, stating that it would be discontinuing all services associated with the Nigerian local fiat currency, Naira (NGN). This decision was communicated in a phased approach, beginning immediately with the cessation of NGN deposits. Subsequently, users were given until Mar. 8 to withdraw their
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Cryptocurrency skeptic and Euro Pacific Asset Management founder, Peter Schiff, recently sounded the alarm on Bitcoin, labeling it as the “ultimate asset bubble.” This warning came as Bitcoin’s price soared to over $61,500, sparking concerns among investors and experts alike. Despite Schiff’s cautionary words, the price of BTC continued to climb, surpassing $65K just four
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In the world of cryptocurrency, XRP has been a topic of discussion among analysts who foresee a bullish future for the digital asset. Despite facing tough competition from Bitcoin and other altcoins, XRP has shown promising signs of growth in recent weeks. Analysts like Dark Defender have pointed out that XRP has been hovering around
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