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The Bitcoin open interest is a crucial metric that reflects how investors perceive the cryptocurrency and the bets they are placing. When the open interest reaches a new all-time high, it can have significant implications for the market. Recently, the Bitcoin open interest hit a record high, which could potentially signal trouble for the digital
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Recently, Ethereum, the second-largest cryptocurrency by market capitalization, has been showing signs of a bullish trajectory. According to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a significant price rally in the near future. The platform suggests that Ethereum could potentially reach a value between $12,000 and $15,000, based on positive
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China has played a significant role in the history of Bitcoin, especially in terms of mining and trading. In 2017, Chinese miners accounted for over 70% of the Bitcoin network’s hashrate, showcasing the country’s dominance in the industry. However, the government’s stance took a sharp turn later that year when it banned Initial Coin Offerings
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SBINFT has recently relaunched its NFT marketplace, SBINFT Market, with a complete makeover to provide users with enhanced features and improved UI/UX. The platform now hosts various NFT collections designed for Web3 communities, aiming to elevate the experience for partners and collectors alike. One of the key upgrades of the SBINFT Market is the simplification
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Solana (SOL) has recently made headlines in the cryptocurrency market by becoming the fourth-largest cryptocurrency by market cap. With significant price gains propelling it to this position, SOL is trading around $192 with a market capitalization nearing $90 billion. This surge has surpassed Binance Coin (BNB) and placed SOL in a prime position to continue
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