Heres

Cosmos primed for more downside on the price chart- here’s why

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Journalist Posted: September 5, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ATOM was in a firm higher timeframe downtrend. A bounce toward $7-$7.2, while less likely at press time, could present trading opportunities. Cosmos [ATOM] has been in a downtrend …

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Bitcoin: As miners sell big, here’s what it means for BTC prices

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Journalist Posted: September 3, 2023 The uptrend in BTC’s Miner to Exchange Flow suggested that miners have increasingly sold their holdings in the past few days. However, despite recent price troubles, BTC’s exchange withdrawals have rallied. Bitcoin’s [BTC] price fell to a two-month low on 31 August after the Securities and Exchange announced that it …

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As whales gather around, here’s how APE reacted

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Journalist Posted: September 1, 2023 Whale interest in APE tokens surged. Interest in Yuba Labs’ NFTs started to grow as well. As the NFT market displays signs of recovery, tokens associated with the NFT sector were experiencing a resurgence, drawing renewed attention from traders and investors. This resurgence could potentially signal a revitalization for NFT-related …

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Optimism’s transaction costs aren’t enough to beat zkSync Era; here’s why

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Optimism had a transaction cost of $0.06 while zkSync’s cost was $0.14. OP was down by 10% last week and metrics looked bearish.  Ethereum [ETH] Layer 2s are gaining massive popularity, and the pack is being led by zkSync Era and Optimism [OP]. Both had their own unique advantages and were competing neck-to-neck in terms …

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Is ApeCoin losing its charm? Here’s a look at the token’s performance

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An ApeCoin wallet recently dumped over 180,000 APE. APE has continued to trade below the RSI as the price sees a slight respite. In a potentially significant shift, a wallet that previously held more than 90,000 ApeCoin has now completely sold off its holdings. Is this a deliberate strategic decision or a result of exhaustion? …

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Bitcoin whales are on the move – Here’s why that could be important

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Nearly 10 addresses were added to the whale cohort in the last two weeks. Exchange Whale Ratio was on the lower side, suggesting less outflows from whales. Despite an underwhelming price performance, large investors have increased their Bitcoin [BTC] holdings over the last few weeks. Read Bitcoin’s [BTC] Price Prediction 2023-24 Prominent on-chain sleuth Ali Martinez took …

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Here’s where XRP buyers can force a reversal on the charts

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Market structure and momentum of XRP favoured the bears Further losses seemed imminent, but this downtrend could be just a higher timeframe retracement before the next move XRP was on a downtrend on the …

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Assessing Hedera post Calaxy’s launch – Here’s what you should know

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Hedera has onboarded a new social network and this could be a game changer HBAR retraced after pushing into a short-term resistance level The Hedera network just concluded one of its most exciting weeks in recent history. This, largely due to the launch of its first social network called Calaxy. In the midst of it …

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Here’s how Avalanche could make progress in the DeFi sector

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Real World Assets sector in the DeFi markets started to see growth.  The TVL on Avalanche continued to decline, however DEX volumes remained consistent. The DeFi sector, over the last few months, has taken a massive hit. However, a few verticals in the sector, such as Real World Assets (RWA), have witnessed tremendous growth despite …

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