opinion

Ethereum breaks below $2,950 on a daily basis, $2,500 also in jeopardy

Daniel Yan, co-founder of cryptocurrency service provider Matrixport, told X: “Ethereum (ETH) is disappointing from both a fundamental and technical perspective. A break below $2,950 on a daily basis could easily break the $2,500-$2,600 range.” Ethereum is currently trading just below $2,950.

Earlier, crypto market data analytics platform Into the Block reported that ETH network transaction fee revenue fell 29.1% week-over-week, with major layer 2s such as Avitrum (ARB) and Optimism (OP) accounting for 82% of transactions.

Bitcoin recovers $64,000 price after 42-day Bitcoin correction, absorbing more than $3 billion in selling pressure

BTC has regained $64,000, according to Coinness Market Monitor. On the Binance USDT market, BTC is trading at $64,102.48. "Bitcoin has completed a 25.6% correction that lasted 42 days," an anonymous crypto trader, Rekt Capital, told X. "It's been a long

blockchain crypto cryptocurrency Altcoins have topped out (SpotedCrypto)

Andrew Kang: "Altcoins have topped out, except for some memes"

As Andrew Kang, co-founder of crypto investment firm Mechanism Capital, recently told X, "A common mistake crypto investors make is buying too quickly when an uptrend turns down. The correction is longer and deeper than most people expect. When the majority are liquidating and questioning that crypto is dead,

blockchain crypto cryptocurrency michael saylor btc rise to 10m (Spoted Crypto)

Michael Saylor "BTC to rise to $10 million"

Michael Saylor, founder of MicroStrategy, which holds the most Bitcoin by a single company, said in a YouTube podcast that "Bitcoin will go to $10 million". "BTC is the perfect money, it's economically immortal. Economics is a quasi-religious humanities discipline, full of people's

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