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Polygon MATIC Experiences Range-Bound Trading Amidst Selling Pressure

Today, Polygon MATIC token is exhibiting a range-bound behavior, encountering slight selling pressure in the early trading hours. The selling pressure emanated from reports provided by Spotonchain, indicating that Wallet 0xa31, associated with the Hermez Network, deposited 3 million MATIC tokens ($2.85 million) to Kraken at an average price of $0.95 […]

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Bitcoin Open Interest Hits Highest Level Since April 2022 As Whales Accumulate

The cryptocurrency market is witnessing significant activity, with Bitcoin’s open interest across all exchanges soaring to its highest level since April 2022, reaching an impressive $13.57 billion.  #Bitcoin open interest across all #crypto exchanges, representing the total number of open long and short $BTC positions, has surged to its highest […]

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Bitcoin Surges Past $52K, But Caution Prevails Amidst Potential Threats

Bitcoin has made a significant rebound, briefly surpassing the $52,000 mark for the first time since December 3rd, 2021. However, seasoned investors remain cautious as excessive jubilation often precedes market corrections, especially when social media chatter turns to discussions about reaching new all-time highs. 📈😮 #Bitcoin has resumed its climb, […]

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Ethereum Surges To $2,800 Amidst Bullish Sentiment

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a remarkable surge, reaching $2,800 for the first time since May 2022. #Bitcoin Breaks $52k#Ethereum Breaks $2,800 🔥🚀 pic.twitter.com/hSZsn89k0J — CoinEcho (@mycoinecho) February 15, 2024 This notable increase of 24% since February 1, 2024, underscores renewed optimism among analysts and […]

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Decline In Ethereum-Based ERC-404 Tokens Sparks Whales’ Interest, PANDORA Gets Investor’s Interest 

Recently, there has been a noticeable downturn in the value of Ethereum (ETH)-based ERC-404 tokens, marking a shift in the investment landscape.  Among these tokens, Pandora (PANDORA), the most prominent ERC-404 token and a target of whale activity, has experienced a significant withdrawal.  With a decline of over 4% observed […]

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API3 Surges Over 135% In Three Months: A Paradigm Shift In Decentralized APIs

In the past three months, API3 has witnessed a remarkable surge in value, climbing by more than 135%. This substantial increase reflects the growing recognition within the market of API3’s potential to revolutionize decentralized APIs by providing a more efficient and decentralized data source for smart contracts. Launched in December […]

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Polygon Foundation Wallet Moves 9 Million MATIC Tokens To Binance, Prompting Market Interest

In a surprising turn of events, a wallet associated with the Polygon Foundation recently transferred 9 million MATIC tokens to Binance, one of the leading cryptocurrency exchanges, sparking significant attention within the crypto community. According to insights from analytics firm Spotonchain, Wallet 0x57f, which is linked to the Polygon Foundation, […]