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The trading volume on centralized exchanges has seen a significant decline of 21.8% in June, continuing a trend that started in March. The report by CCData highlights various factors contributing to this decline. One major factor is the decrease in open interest in derivatives exchanges, which fell by 9.67% to $47.11 billion in June. This
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Cardano, one of the top 10 largest cryptocurrencies by market cap, has been facing a profitability crisis despite the recent recovery in the crypto market. A significant number of Cardano holders are still experiencing losses, raising concerns and sparking discussions about the reasons behind this concerning trend. According to data from IntoTheBlock, Cardano is currently
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As per a recent market analysis, a well-known market strategist has made a bold statement declaring the end of Bitcoin’s downtrend. The strategist, known as ‘Rekt Capital,’ has a significant following on social media and has been closely monitoring Bitcoin’s market trends. According to Rekt Capital, Bitcoin may now be gearing up for a significant
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Planetarium Labs is set to launch the highly anticipated sequel to the Immortal Rising franchise, Immortal Rising 2. This new game will be built on the Immutable platform, offering players early access and exclusive in-game rewards that are already generating excitement within the gaming community. Immortal Rising 2 builds upon the success of its predecessor,
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Shiba Inu, a meme coin that has gained significant popularity in recent times, experienced a sudden surge in its burn rate. In a span of just 24 hours, the burn rate increased by a staggering 450%, resulting in approximately 50 million tokens being sent to a null address. While the USD equivalent of this may
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