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News
Miami-Dade Cuts Ties with FTX
One of the most populated counties in the United States, Miami-Dade, Home to Basketball legends, has nullified its affiliation with FTX following its collapse late last year. According to Miami Herald, a U.S. judge immediately terminated the contract between the parties. However, in early 2021, both parties agreed to a nineteen-year contract worth 135 million…
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News
Collapsed Crypto Exchange FTX Regains Over 5 Billion in Assets
“FTX has regained over 5 billion in assets.” one defense team member responded. However, a United States bankruptcy court received a report that the limit of losses to users is still unavailable. In addition, this action might have costed customers, investors, and creditors trillions. The former FTX Chief Executive Officer still pleads not guilty to…
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Polkadot (DOT)
Polkadot (DOT) Struggles Beneath $5 Despite Relief Rallies: What Next?
Polkadot (DOT) posted substantial price gains within the previous week following Bitcoin’s recovery tendencies. Most alternative tokens recorded upward moves amid enhanced market mood. Meanwhile, DOT has been battling the immediate obstacle of $5. DOT lost around 2% within the last 24 hours, and analysts trust the slight decline in demand triggered the dip. However,…
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Price Analysis
Emerging Bullish Setup Hints at 8.75% Surge for Theta Coin – Time to Enter?
The prices responded to over 21 days of consolidation with two bounce-backs from $0.715, confirming reliable buyer support. The dual retest formed a double bottom formation on the 24hr chart. Reactions to the double bottom formation would see breakouts from $0.8 resistance, triggering a potential 8.75% surge in THETA’s price. Meanwhile, buyer failure to sustain…
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Bitcoin (BTC)
Is Bitcoin Under Siege? Evaluating Recent Developments
Bitcoin ATMs have mushroomed everywhere recently, with more than 36,000 installations. However, the majority are in the United States, and this number had appreciated until recently when cryptocurrency began receiving criticism and bitcoin prices experienced downfalls. These machines enable individuals, specifically those not digitally oriented, to buy and sell bitcoin rather than the exposures to…
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Price Analysis
Hedera Hashgraph Price Forecast – HBAR Bears to Control Until Changes in These Factors
HBAR price dropped by 27% during the December session. The alt remains suppressed under two substantial near-term barriers. Bulls should push beyond the liquidity level of $0.042 to build more upward potential. Hedera Hashgraph (HBAR) saw its price enduring a severe dip in December, with the alt deteriorating more than most digital coins in the…
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Ripple (XRP)
XRP: Bulls to Eye Sub-$0.3650 Amid Ripple vs. SEC Optimism and U.S Stats
XRP reversed Tuesday’s 1.21% drop yesterday to close the session at around $0.34781. The alt received support from United States economic data and NASDAQ Index-driven market-wide rally. Nonetheless, XRP’s technical indicators demonstrate bearishness, as XRP stands beneath the 50day EMA, suggesting a potential return to $0.33. XRP painted its charts red today after Wednesday’s recovery.…
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Price Analysis
Solana’s (SOL) Fall from Grace – Project Analysis
Recently, the cryptocurrency environment has been receiving criticism from different corners since the collapse of FTX; similarly, Solana has experienced a similar downfall. However, due to the uncertainty, doubt, and fear instilled in investors’ minds, it is clear to say that Solana is yet to receive a bombshell. SOL dropped by 51.14% since the collapse…
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Bitcoin (BTC)
Bitcoin Fear and Greed Index Displays Extreme Fear into 2023
Friday left Bitcoin at $16,618, following a 0.24% decline. The NASDAQ and United States economic indicators dragged Bitcoin to yesterday’s lows before late revivals. The Fear and Greed Index confirmed bearishness towards the year’s end with a dip to 25/100 from 28/100. The BTC Fear and Greed Index flashes another dip on the last day…
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Dogecoin (DOGE)
Dogecoin (DOGE): Next Rally Might Solely Depend on Bulls Pushing Past This Vital Level
DOGE presented buying opportunities following the $0.07100 retest. A move under $0.06930 will halt forecasted upside moves. Dogecoin’s latest correction saw the meme coin dropping around 9% of its value. As a result, the alt slid to $0.6930 from $0.07749. However, maintaining the current $0.06930 foothold can support bulls to trigger recoveries, potentially triggering a…
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