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Prometheum’s Ethereum Custodial Services and the SEC’s ETH Classification

Prita Ghozie03 mins

Prometheum’s Strategy Prometheum, an alternative trading platform for crypto securities, recently launched custodial services for Ethereum (ETH). This move has significant implications for the legal status of ETH, the second-largest cryptocurrency by market capitalization. Prometheum’s strategy is to compel regulators, particularly the Securities and Exchange Commission (SEC), to recognize Ethereum as a security. The company…

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Ethereum’s Price Breaks $2,400: Exchange Netflow Points to Further Growth

Prita Ghozie01 mins

Ethereum’s Exchange Netflow Indicator Signals Bullish Momentum Exchange Netflow: Tracks the net amount of Ethereum entering or exiting centralized exchanges. Positive Value: Indicates more inflows than outflows, potentially leading to selling pressure. Negative Value: Indicates more outflows than inflows, suggesting accumulation for long-term holding. Recent Trend in Ethereum Exchange Netflow: 14-day EMA: Mostly negative, indicating…

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Trader’s Outlook on Exploding Altcoin and Solana

Prita Ghozie01 mins

Bittensor (TAO) Altcoin Sherpa, a crypto analyst, believes Bittensor (TAO), an AI-focused blockchain platform, could rise 33% from its current value. TAO has already surged 880% since October 16th, trading at $450.89 at the time of writing. Solana (SOL) Altcoin Sherpa remains bullish on Solana (SOL), an Ethereum competitor, but warns of a potential retest…

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Ethereum Poised for a 50% Surge, Says Crypto Expert Michaël van de Poppe

Prita Ghozie03 mins

Bullish Outlook for Ethereum Crypto analyst Michaël van de Poppe is optimistic about the future of Ethereum (ETH), the second-largest cryptocurrency by market capitalization. He believes that ETH is poised for a significant rally, potentially reaching $3,500, a level not seen since April 2022. Technical Analysis Van de Poppe’s analysis suggests that Ethereum has successfully…

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Bitcoin Price Prediction: $200,000 by 2025?

Prita Ghozie02 mins

Dave the Wave, a well-known crypto analyst, predicts that Bitcoin (BTC) could reach close to $200,000 by 2025. Logarithmic Monthly Moving Average Convergence Divergence (LMACD) Dave the Wave bases his prediction on Bitcoin’s logarithmic monthly moving average convergence divergence (LMACD), a long-term momentum indicator. He believes that the LMACD indicator shows that BTC has reached…

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