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Is the Market Poised for an ETH Season Instead of a Full Altcoin Season

Is the Market Poised for an ETH Season Instead of a Full Altcoin Season?

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ETH season to potentially dominate the entire altcoin market. With its expansion into multiple protocols and trading as an ETF asset, ETH’s importance and dominance are expected to rise significantly. ETH Season or Full Altcoin Season Analysts predict ETH will outperform other tokens and altcoins, which may lag behind. The anticipated 2024 bull market could […]

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Over One-Third of Ethereum Supply Staked, Data Reveals

Over One-Third of Ethereum Supply Staked, Data Reveals

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Over one-third of Ethereum supply staked as the data has revealed representing 33.9% of the total Ethereum supply. One-Third of Ethereum Supply Staked The world’s second-largest cryptocurrency by market capitalization, Ethereum (ETH), has experienced a significant surge in the amount of ETH staked within Ethereum 2.0, reaching a record high of 47.38 million ETH. Data

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Bitcoin Transaction Fees Drop to Four-Year Lows as Miners Continue to Sell

Bitcoin Transaction Fees Drop to Four-Year Lows as Miners Continue to Sell

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Bitcoin transaction fees dropped to their lowest level in four years, with the average cost per transaction falling to $38.69 on July 7. This significant decrease in fees has not deterred Bitcoin miners, who continue to profit due to reduced network difficulty and lower computational power requirements. Bitcoin Transaction Fees Drop to Lowest Since 2020

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Following Sei Mainnet Beta v2 launch, $SEI Rises 13%

Following Sei Mainnet Beta v2 launch, $SEI Rises 13%

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With the Sei mainnet Beta v2 launch, $SEI, the native token of the Layer 1 blockchain Sei, has surged by 13%. Touted as the “most performant EVM blockchain ever built,” this launch marks a significant milestone for the network. https://coinmarketcap.com/currencies/sei Market Performance amid Sei Mainnet Beta v2 Launch SEI has increased by 12.5% in the

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USDC Trading Volume Surges Crossing $23 Billion Dominating the Regulated Stablecoin Market

USDC Trading Volume Surges Crossing $23 Billion Dominating the Regulated Stablecoin Market

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USDC trading volume surges crossing $23 Billion reflecting a growing demand for transparency as traders increasingly favor regulated stablecoin options. This significant growth coincides with the implementation of the MiCA framework. USDC Trading Volume surges crossing $23 Billion A recent Kaiko report highlights the dramatic increase in USDC’s weekly trading volume in 2024, which has

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PayPal's PYUSD Stablecoin Supply Surges 90% Following Integration with Solana DeFi Protocol

PayPal’s PYUSD Stablecoin Supply Surges 90% Following Integration with Solana DeFi Protocol

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PayPal’s PYUSD stablecoin supply surges 90% due to the Solana Defi protocol integration. So, the weekly transaction volumes for PYUSD have skyrocketed, surpassing $500 million by the end of last month. To put this in perspective, this is more than triple the previous weekly trading volume of $150 million. PYUSD Stablecoin Supply Surges 90% Since

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Digital Asset Investments Soar High Amid Bitcoin's Decline

Digital Asset Investments Soar High Amid Bitcoin’s Decline

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The digital asset investments soar high amid Bitcoin’s decline. CoinShares reported an impressive $441 million in inflows into digital asset investment products over the past week, driven largely by Bitcoin price weakness, activity from the defunct Mt. Gox exchange, and a sell-off by the German government. Digital Asset Investments Soar High According to the July

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SEC Receives Final Spot Ethereum ETF Applications from Issuers

SEC Receives Final Spot Ethereum ETF Applications from Issuers

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The SEC is set to receive the final spot Ethereum ETF applications (S-1 forms) from the issuers by the end of today, signaling imminent listings. Meanwhile, Bitcoin continues to oscillate between $54,000 and $58,000. Although this volatility strains altcoins, gradual recoveries are being observed. https://coinmarketcap.com/currencies/bitcoin Final Spot Ethereum ETF Applications (S-1 forms) The market’s slow

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Polygon MATIC Experiences Significant Price Decline After Reaching Peak

Polygon MATIC Experiences Significant Price Decline After Reaching Peak

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The price of Polygon MATIC, the token powering Polygon’s leading Layer-2 ecosystem, has seen a significant drop from its peak of $1.22 on March 14. After a period of consolidation between April 14 and June 7, the price fell below the lower boundary of its horizontal channel, leading to a 33% decrease. https://coinmarketcap.com/currencies/polygon Polygon MATIC

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As the XRP Price Declines, Ripple CTO Speaks Out

As the XRP Price Declines, Ripple CTO Speaks Out

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With the XRP price decline, the Ripple CTO spoke out on the situation. The cryptocurrency market is currently experiencing significant volatility, with Bitcoin spearheading the decline. This turbulence has affected other major cryptocurrencies, including XRP, which has dropped by over 11.6%, reaching $0.3823, its lowest level since March 2023. XRP Price declined by 11% In

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Vitalik Buterin Pushes for Faster Ethereum with EIP-7732 Offering Hope

Vitalik Buterin Pushes for Faster Ethereum with EIP-7732 Offering Hope

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A new Ethereum Improvement Proposal, EIP-7732, aimed at revolutionizing the block validation process to enhance blockchain speed and security has been introduced by the Ethereum development team. Faster Ethereum with EIP-7732 EIP-7732 intends to simplify the tasks of Ethereum validators by dividing their responsibilities and establishing a committee to ensure timely transaction reveals. This proposal

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