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Bitcoin Whales Enter Full Accumulation Mode: Here’s How Much BTC They Pulled From Exchanges

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The Bitcoin price movement last week revealed a series of ups and downs , from starting the week at a new all-time high of  $73,780 to crashing 12% in the days after to reach below $65,000. Crypto data analysts have spotted massive amounts of Bitcoin being withdrawn from major exchanges during the period of uncertainty, indicating that large investors anticipate further price appreciation.  According to a social media post by crypto analyst Ali Martinez, the total BTC balance on crypto exchanges fell by over 21,400 in the past week, with the creation of 13 new whales, each holding over 1,000 BTC. BTC Withdrawal From Exchanges Bitcoin crossed over $73,700 last week to register a new all-time high but has struggled to gain a footing above the price level. Interestingly, it would seem the new all-time high sparked a wave of profit-taking from some investors. However, on-chain and exchange data indicate Bitcoin is still undergoing a bullish sentiment from so

Understanding the Factors Behind High Ethereum Gas Fees

Understanding the Factors Behind High Ethereum Gas Fees In recent times, Ethereum gas fees have been a topic of much discussion within the cryptocurrency community. Gas fees, the costs associated with executing transactions or smart contracts on the Ethereum network, have often been criticized for their high and sometimes unpredictable nature. Understanding why Ethereum gas fees are high requires a deeper dive into several underlying factors shaping the network’s dynamics. Network Congestion Ethereum , being one of the leading blockchain platforms for decentralized applications (dApps) and smart contracts, experiences significant network congestion during periods of high demand. As more users interact with dApps or execute transactions on the network, the limited block space becomes congested, leading to a bidding war for transaction inclusion. Users compete by offering higher gas fees to prioritize their transactions, resulting in an overall increase in gas fees across the network. D

5 Best Cheap Crypto to Buy Now Under 1 Dollar March 17

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As the Bitcoin Halving event approaches, the market sentiment is currently at a high level of Greed, standing at 82, driven by escalating transaction rates. This surge in activity has coincided with a notable uptick in trading volumes, accompanied by a significant rise in the Altcoin market. Given this environment, traders actively seek strategic entry points and potential investment opportunities, focusing on affordable tokens. However, identifying the most promising low-priced crypto assets requires considerable time and effort. Consequently, this article aims to streamline this process by compiling a list of cryptocurrencies priced under one Dollar. 5 Best Cheap Crypto to Buy Now Under 1 Dollar This Analysis offers valuable perspectives for traders seeking to evaluate the growth prospects of different tokens. Numerous tokens, priced below $1, are experiencing upward trajectories, creating investment opportunities. Moreover, eTukTuk has exceeded the $2.2 million milestone, demons

US Dollar-Dominated World Will End Soon, Says BRICS Ambassador

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BRICS is trying to diminish the power of the US dollar on the global stage with various new initiatives. The de-dollarization efforts gained steam last year after the alliance started convincing developing countries to trade in local currencies. The idea is to put local currencies ahead for cross-border transactions and strengthen their native economies. Also Read: BRICS : 10 Local Currencies Outperform The US Dollar The development gives local currencies a boost while the US dollar will be sent on the path of decline. Read here to know how many sectors in the US will be impacted if BRICS completely ditches the dollar for trade. BRICS: ‘Days of the US Dollar-Centric World is Over’, Says Ambassador Source: Freepik.com South Africa’s BRICS Ambassador Anil Sooklal said that the days of the US dollar-controlled world will soon end. He explained that the world will soon embrace the realities of a de-dollarized world. He argues that the US government’s “weaponization” of the

Shiba Inu Price Slumps but Dogecoin20 ICO Steams Past $260K in Opening Hours 

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A sea of red has swept the crypto market, with Shiba Inu faring worse for wear as it plunges 14%. However, the new presale crypto Dogecoin20 displays epic resilience, exploding over $280K in its opening hours. Will this be the next meme coin to the moon? Shiba Inu Nosedives as Crypto Market Turns Bearish The crypto industry’s total market cap has slumped by 6.9% over the past 24 hours, and many altcoins have been badly affected. Shiba Inu is one such project, down 14% today, currently trading at $0.00002848.  The move follows an exceptionally bullish month for SHIB, with its price peaking at $0.00004456 on 5 March. This equates to a whopping 400% increase from its $0.000008896 valuation one month earlier. Although SHIB struggled following 5 March, the past day has been particularly detrimental, breaking below the $0.0003 support. When writing this, Shiba Inu is down 18% this week but remains up 192% this month. While Shiba Inu’s decline has outpaced other top 20 al

New Cryptocurrency ICO Dogecoin20 Launches With $250,000 Raised On Day One – Next Big Meme Coin?

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Dogecoin20 is the latest and greatest addition to the Doge family of meme coins. Dogecoin20 ($DOGE20) is the standout uber upgrade of the dog meme coin and could be the next Dogecoin or Shiba Inu.  Dogecoin20 has raised $250,000 in less than 24 hours, making it a prime candidate to be the next meme coin for a viral explosion. From joke to multi-billion dollar valuation, Dogecoin is the top dog meme coin by dint of a community built around the meme humor of the internet. It was Doge that captured the zeitgeist of the crypto online world when Billy Markus and Jackson Palmer dreamt up the joke coin while working on their day jobs. No one is laughing anymore about meme coins. The meme coin category is valued at $56 billion, while Dogecoin and Shiba Inu cryptocurrencies have market capitalizations of $22 billion and $16 billion, respectively. Put that another way, Dogecoin has a market valuation that is the same as Warner Bros. Discovery or State Street.

Craig Wright is Not Bitcoin Creator Satoshi Nakamoto, Judge rules

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Craig Wright is not Satoshi Nakamoto, the creator of the Bitcoin whitepaper, a UK judge ruled on Thursday. Judge James Mellor ruled that “overwhelming” evidence proves that Wright is not the author behind the historic whitepaper, following the closing arguments of the Crypto Open Patent Alliance (COPA) trial. JUST IN: Craig Wright is not the creator of #Bitcoin and he’s not Satoshi Nakamoto, Judge rules . pic.twitter.com/LdO3wB0dv4 — Watcher.Guru (@WatcherGuru) March 14, 2024 Furthermore, Judge Mellor shared that he plans to write a ruling detailing his conclusions – including that the Australian computer scientist did not create the Bitcoin system. “I will make certain declarations, which I am satisfied are useful and are necessary to do justice between the parties,” Mellor says. He’d add “First, Dr. Wright is not the author of the Bitcoin white paper. Second, Dr. Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011. Th