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Category: Ethereum

Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos 

Posted on September 12, 2023 By Caden
Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos 

The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain. It allows users to trade crypto assets and provide liquidity…

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AMM, Aptos Blockchain, Automated Market Maker, blockchain integration, cross-chain liquidity, crypto market, Cryptocurrency Trading, decentralized exchange, Dex platform, Ethereum, Exchanges, expansion, non-EVM blockchain, SUSHI, SUSHI token, total value locked, Web3 applications

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Lower Ahead of FOMC Meeting Minutes

Posted on July 5, 2023 By Caden
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Lower Ahead of FOMC Meeting Minutes

Bitcoin dropped below $31,000 on Wednesday, as markets consolidated ahead of the upcoming U.S. Federal Open Market Committee (FOMC) minutes. The minutes of last month’s meeting are expected to show the Fed’s potential path to further hikes this year. Ethereum fell for a second straight session. Bitcoin Bitcoin (BTC ) consolidated on Wednesday, as markets…

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Analysis, Bitcoin, BTC, ETH, Ethereum, FOMC Minutes, Market Updates

Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal

Posted on May 29, 2023 By Caden
Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal

Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting a three-week peak. Bitcoin Bitcoin (BTC ) rose above the $28,000 to start…

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Analysis, Biden, Bitcoin, BTC, debt ceiling, ETH, Ethereum, Market Updates

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

Posted on April 6, 2023 By Caden
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital…

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America First, anti-CBDC, anti-crypto, big banks, Bitcoin, Bitcoin is in Danger, BTC, Canadian Prime Minister, Coinbase, competing currencies, Congressional leaders, crypto assets, cryptocurrency owners, Democrats, Digital Currency, Economist, ETH, Ethereum, Federal Reserve, Fednow, ftx, Georgia, Gold Standard, Justin Trudeau, Marjorie Taylor Greene, MTG, News, payment systems, permissionless cryptocurrencies, Podcast, press briefing, Republican, Richard Werner, Ron DeSantis, Ron Paul, Sam Bankman-Fried, Sebastian Gorka, senator elizabeth warren, Ted Cruz, Ukraine, unclear stance, us house of representatives

Bitcoin, Ethereum Technical Analysis: BTC Moves Briefly Back Above $25,000

Posted on March 16, 2023 By Caden
Bitcoin, Ethereum Technical Analysis: BTC Moves Briefly Back Above $25,000

Bitcoin briefly moved back above $25,000 on Thursday, as markets rebounded from a volatile session the day prior. The potential collapse of Credit Suisse was somewhat averted, following an intervention from the Swiss National Bank, which has helped calm markets. Ethereum mostly consolidated in today’s session. Bitcoin Bitcoin (BTC ) rose back above the $25,000…

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Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates

Posted on March 8, 2023 By Caden
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates

Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially anticipated. Ethereum has also slipped on the news. Bitcoin Bitcoin (BTC ) dropped below $22,000 on…

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Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase

Posted on February 2, 2023 By Caden
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase

Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in the past month. Bored Ape Yacht Club Dominates, Ethereum…

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Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Posted on January 30, 2023 By Caden
Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last…

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Bitcoin, Ethereum Technical Analysis: BTC Above $18,000, ETH Hits 2-Month High

Posted on January 12, 2023January 27, 2023 By Caden
Bitcoin, Ethereum Technical Analysis: BTC Above $18,000, ETH Hits 2-Month High

Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. This comes as many expect today’s figures to show a considerable drop in consumer prices. Ethereum also moved higher, climbing above $1,400 in the process. Bitcoin Bitcoin (BTC ) surged above $18,000 on Thursday, as…

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Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

Posted on January 12, 2023January 27, 2023 By Caden
Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past…

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