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Ethereum (ETH)

Litecoin (LTC) Price Analysis: Uptrend Intact Above $85

Litecoin started a strong increase above $85 against the US Dollar. LTC price is now trading above $82 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $88.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $85. Litecoin price is rising steadily above $85 against the US Dollar, similar to bitcoin. LTC price could...

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Solana Praised Again By Buterin, Price Surges 10%

Not long ago, Live Bitcoin News published an article talking about how poorly the Solana cryptocurrency was doing. The asset was crashing and burning likely due to its ties to the now fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried, and while things aren’t fully looking up for the currency just yet, it’s garnering a heavy load of support from crypto developers such as Vitalik Buterin, the co-creator of popular crypto network Ethereum. Solana...

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How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

Ethereum Liquid Staking tokens are going through the roof. Lido is up 150% in a month, similarly Frax Shares, while other protocols, such as Rocket Pool, are also catching up.  But that’s not all. NFTs are also seeing massive volumes for multiple consecutive weeks, showing little signs of slowing down. The question now is for how long this positive trend will sustain – is it a dead cat bounce or the beginning of a much-awaited recovery? To help us crunch the numbers and...

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Clear Upward Trend in Addresses as Ethereum Rallies Past $1.6K: Data

The year started on a bullish note which aided the world’s largest altcoin to sprint towards its pre-FTX market cap levels. Days after struggling to overcome $1,600, Ethereum finally climbed past the resistance level on Tuesday amidst a broader market rally. Even as certain group of investors looking to pocket quick gains began offloading the token, this has not affected the growing appeal of the network. Ethereum Ownership According to the latest data by IntoTheBlock, there...

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Bitcoin Surges Past $23K, Is the Rally Sustainable? (Analysis)

Bitcoin has been moving higher as the equity markets fetched more gains. The world’s largest cryptocurrency by market capitalization climbed over $23,000 on Tuesday. Since the beginning of the year, both Bitcoin and Ethereum added 40% surges to their trajectory, retracting the entire post-FTX dump. Needless to say, the ongoing rally has sparked concerns over its sustainability on the backdrop of last year’s bloodbath, as well as subsequent numerous fake-out rallies. However,...

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ETH Breaks Past $1.6K But is a Short-Term Correction Imminent? (Ethereum Price Analysis)

Ethereum’s price has been on the rise for quite a while now after breaking above the $1300 resistance level. While the positive trend remains on higher timeframes, some signs are suggesting that at least a short-term correction is quite probable. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price is constantly climbing higher and could reach the $1800 level soon. However, a short-term pullback seems imminent as the RSI indicator has been in...

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Ethereum Price Analysis: Bulls Aim $1,800 or Higher

Ethereum price is gaining pace above the $1,550 level against the US Dollar. ETH price is now trading above $1,500 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,680 resistance zone. Ethereum price is rising above the $1,550 level against the US Dollar. ETH/USD could rise further if it clears the $1,680...

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Definitely Nifty: NFTs Sold Topped 67% YoY Growth in 2022

The price of Ethereum, BNB Coin, Solana, and other DeFi altcoins kept running this week. New data in a report out from DappRadar reveals there were more NFTs sold in 2022 than the year before. DappRadar: NFTs Sales in 2022 Soared In more good news for cryptocurrency’s DeFi platforms, NFTs sold last year topped sales numbers from the year before. A new report from on-chain analytics firm, DappRadar, reveals the extent that NFTs are reshaping digital ownership in the 2020s. 101...

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Vitalik Buterin Weighs in on Stealth Address to Bring Privacy to Blockchain Transactions

Privacy tools have always been heralded as a key to financial freedom in the crypto industry. In the Ethereum ecosystem, discussions surrounding the subject matter have revolved mostly around privacy-preserving transfers of ETH and mainstream ERC20 tokens. In a bid to improve the state of privacy on the network, its co-founder Vitalik Buterin has proposed a stealth address system. “Last Remaining Challenge for Ethereum” The concept of Stealth addresses using elliptic curve...

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