Recently, the Ethereum price has remained in a bearish zone below the $3,150 mark, indicating a negative trend in the market. Despite attempting to recover above key resistance levels such as $3,080 and $3,120, ETH has failed to gain momentum and has instead started a fresh decline below $3,000. Technical Indicators Analyzing the technical indicators,
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Opeyemi is a dedicated writer and enthusiast who has found himself immersed in the world of cryptocurrency. Despite not initially choosing the digital asset industry, he has embraced it wholeheartedly for over two years. His work involves unraveling the complexities of blockchain technology and providing insights into the latest trends in the cryptocurrency space. Opeyemi’s
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Semilore Faleti is a prominent figure in the field of cryptocurrency journalism, showcasing expertise in writing and content creation. With a focus on the complexities of blockchain and cryptocurrency, Semilore has demonstrated a keen interest in the efficiency of digital assets for storing and transferring value. As an advocate for the adoption of cryptocurrency, he
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Growing up in Edo State, Nigeria, I was fortunate to have a supportive family that shaped my values and aspirations. My parents and siblings have always been my pillars of strength, guiding me through life’s challenges and inspiring me to strive for excellence. Their unwavering support has been instrumental in my personal and professional growth.
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Bitcoin’s recent price movements have once again highlighted the intense volatility that is inherent in the cryptocurrency market. Despite briefly reclaiming the $56,000 price level, Bitcoin experienced a sudden drop below $54,000 on July 5, leading to a 7% and 20.25% decline in the past seven and thirty days, respectively. While some traders and analysts
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Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria (CBN), recently accused Binance, a popular cryptocurrency exchange, of conducting transactions that are reserved for authorized banks and financial institutions. Akinwumi’s accusations came to light during his testimony in a lawsuit brought by the Economic and Financial Crimes Commission (EFCC) against Binance and its
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The former Solicitor General Donald B. Verrilli, who served during the Obama administration and now works as Grayscale Investments’ senior legal strategist, recently accused US regulators of deliberately stifling the crypto industry through debanking practices. In a joint amicus brief filed with Paul Clement, the former Solicitor General under President George W. Bush, Verrilli highlighted
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