Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details

Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details

Ethereum has fallen below the $4,000 level for the first time since early August, marking a significant shift in market sentiment. After weeks of strong performance, ETH has now lost nearly 20% of its value since September 13, leaving many traders concerned about the next move. The broader market correction has fueled uncertainty, but some analysts argue this is a necessary reset that could prepare the ground for renewed growth. Related Reading: 11 Wallets Receive 295,861 Ethereum ($1.19B) From Major Institutions: Accumulation Or OTC Shuffle? Top analyst Darkfost highlights that Ethereum’s....


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Ethereum Outflows Hit Spot Exchanges Again: Bullish Signal Or Neutral Flows?

Ethereum had a relatively quiet weekend, with price action showing signs of stability after last week’s volatility. ETH has reclaimed the $4,100 level, and analysts now point to the $4,000 mark as a crucial line of defense. If bulls manage to hold above this support, the market could see a strong surge in the coming days, setting the stage for Ethereum to retest higher levels. Related Reading: Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details Adding weight to this outlook, a key report by CryptoQuant highlights that Ethereum supply on spot exchanges continues to decline.....

MrBeast Enters The Aster Game: $1M Buy Signals Growing Interest

Aster has been in the spotlight since last week, drawing intense attention as the broader crypto market shifted into a corrective phase. Launched on September 17, the token has staged an extraordinary rally, surging by more than 6,000% in just days—a move that has quickly established it as one of the most talked-about projects in the industry. Traders and investors worldwide have taken notice, with many pointing to Aster’s rapid rise as a reflection of the strong appetite for innovative projects in decentralized finance. Related Reading: Ethereum OI Suffers Its Biggest Cleanup Since Early....

Bitcoin Retail Demand Retreats: 30D Change Falls To Lowest Level Since July

Bitcoin has managed to reclaim the $110,000 level, but momentum remains fragile as the market shows early signs of exhaustion. After recent volatility, BTC’s inability to extend gains higher has fueled speculation that a deeper correction may be in play. Traders are closely watching whether Bitcoin can hold above this critical threshold or if selling pressure will drag it lower in the coming sessions. Related Reading: Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details Despite the cautious outlook, some analysts view the current consolidation as a healthy reset in a broader....

Working to Protect the Environment with NFTs

As reported by Vox, global temperatures have already risen 1.3 degrees Celsius above pre-industrial levels, and a 2020 study found that 1 in 3 species could be extinct by 2070 due to climate change. We all need to do our part to help protect the environment, and that begins with the choices we make in how we spend our money. That’s why Next Earth, the virtual replica of Earth on the blockchain, donates a portion of all virtual land sales to environmental causes. Since a recent ITO, or Initial Tile Offering, on the platform sold over $1.3 million of virtual land, over $130,000 is going to....

Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining industry cleanup is expected to continue till the end of June. Media: Yunnan Energy Bureau to Pull the Plug on Bitcoin Farms The province of Yunnan is reportedly joining the crackdown on cryptocurrency mining that’s already underway in other Chinese regions. According to the South China Morning....