CryptoNews

Ethereum Technical Analysis: ETH's Strong Averages Clash With Oscillator Signals – Markets and Prices Bitcoin News

As ethereum marks a significant price of $2,250, its movement within a 24-hour range of $2,151 to $2,271 reflects strong activity in the crypto market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, ether demonstrates its continued and dynamic presence in the digital currency landscape. Ethereum Ethereum’s current oscillators present a mixed view.
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CryptoNews

NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge – Markets and Prices Bitcoin News

Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise in Ordinal inscription minting and trading activities on the Bitcoin network in recent times.
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CryptoNews

Cambridge Study Unveils Ethereum's Environmental Impact Post-Merge, Highlighting Major Energy Reduction – Bitcoin News

The transformation of the Ethereum network, popularly known as ‘The Merge,’ marked a significant shift in the blockchain’s energy usage and climate impact. A detailed report by the Cambridge Centre for Alternative Finance (CCAF) meticulously dissects this journey, offering invaluable insights into Ethereum’s historical and current ecological footprint. This transition, deeply rooted in…
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CryptoNews

Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review – The Weekly Bitcoin News

Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States Securities and Exchange Commission. In other news, a solo bitcoin miner has snagged a block reward with just 0.0004% of the…
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