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Ethereum (ETH)

Several Crypto Whales are Staking New Cryptos: Pepe Unchained and Scroll on Binance Launchpool

Crypto investors are excited about two new tokens that are going viral. Scroll (SCR), a cutting-edge Layer-2 solution for Ethereum, has just hit Binance Launchpool, grabbing the attention of the trading community. At the same time, Pepe Unchained (PEPU) continues to hit big milestones in its presale – with reports that some crypto whales are now investing in the project. Whale Investors Make Big Buys as Scroll Launches on Binance Launchpool Binance is rolling out the red...

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Some Pepe Whales Selling Eigen at a Loss, Could They Be Switching to New Tokens Like Crypto All-Stars?

One whale investor is offloading their EigenLayer (EIGEN) at a loss. A famous investor who made a fortune by investing in Pepe (PEPE) has decided to sell their EIGEN tokens rather than hold them. And the big question everyone’s asking is: where’s all that money heading next? Whale Dumps EIGEN & Takes $470K Loss According to blockchain tracker Lookonchain, the whale investor dropped 1,360 ETH (around $3.2 million) on 909,000 EIGEN tokens earlier this month. They paid...

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Some NEIRO Holders Investing in Pepe Unchained as it Raises $18M Through ICO

Some of the first Neiro on Ethereum (NEIRO) holders are ditching the old and embracing the new. Reports are emerging that they’re flocking to Pepe Unchained (PEPU), a brand-new presale coin with serious potential. Could this be the start of PEPU’s rise? NEIRO Holders Eye Pepe Unchained as Next Meme Coin to Pump NEIRO is still going strong despite the market’s pullback in the past 24 hours. The coin remains up over 2,700% since early September, claiming the title of the...

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Cross-Chain Restaking Protocol, StakeLayer, Set to Launch $STAKELAYER Token

[PRESS RELEASE – London, UK, October 8th, 2024] StakeLayer has announced the launch of its Cross-Chain Restaking Protocol, a solution which offers users the ability to restake their assets across multiple blockchains, including Bitcoin, Ethereum, Solana, TON, and more. StakeLayer’s native token, $STAKELAYER, is set to debut on Wednesday, October 9th at 2 PM UTC. The team announced on their X page that TGE and the listing of $STAKELAYER will mark a significant milestone for...

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Bitcoin Leads Investor Activity with $159M in Outflows; But Multi-Asset Products Shine

Digital asset investment products recorded minor outflows of $147 million over the past week, likely driven by stronger-than-anticipated economic data that reduced expectations for substantial rate cuts. ETP investment product trading volumes rose slightly by 15% to $10 billion, while overall crypto market volumes remained lower. Bitcoin saw significant investor focus, according to the latest edition of Digital Asset Fund Flows Weekly Report. Over the past week, Bitcoin saw...

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New Ethereum Upgrade Could Reduce Block Time by 33% and Increase Throughput by 50%

A new Ethereum Improvement Proposal, EIP-7781, introduced on October 5, 2024, aims to reduce Ethereum’s block time from 12 seconds to 8 seconds. The upgrade, introduced by Ben Adams, co-founder of Illyriad Games, could also enhance data capacity and potentially increase network throughput by 50%. A Major Step for Ethereum’s Future In an October 6 post on X, a developer pseudonymously known as Cygaar hailed EIP-7781 as the “first huge” step toward improving Ethereum’s L1...

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Ethereum Price Analysis: ETH Flirts With $2.5K But Bullish Prospects Remain Questionable

Ethereum’s price has been consolidating in a wide range above the $2,000 mark. Yet, things might change soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been moving sideways in a $500 range between the $2,700 resistance level and the $2,200 support zone. With the market testing the upper boundary multiple times and failing to break above, $2,200 seems likely to be targeted in the upcoming weeks. On the other hand, the...

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Why is ETH Stalling Behind the Crypto Market? (Ethereum Price Analysis)

After breaking above the middle boundary of the descending price channel, Ethereum has temporarily lost its bullish momentum, slightly approaching the crucial $2.8K resistance. The upcoming price action around this level will play a decisive role in shaping Ethereum’s trajectory in the mid-term, with potential outcomes dependent on whether buyers can overcome the selling pressure. By Shayan The Daily Chart Ethereum’s daily chart reveals that following a pullback towards the...

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