Bitcoin Price Rallies, Eyeing $48K

Bitcoin’s price is on the upswing, recently breaking through the $43,500 barrier. It’s maintaining a strong upward trajectory, stirring excitement about a potential push past $45,000. The cryptocurrency surged past the $43,500 resistance zone, signaling a robust trend. Currently, it’s hovering above $43,000 and comfortably sits over the 100 hourly Simple Moving Average. There’s even…

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PancakeSwap’s Major CAKE Token Burn Amid Surging Fees

PancakeSwap, a well-known decentralized exchange, has made headlines with its recent decision to burn over 9 million of its native $CAKE tokens. This significant action has effectively removed approximately $19 million worth of tokens from circulation. The team at PancakeSwap shared details about this move on a microblogging platform (formerly known as Twitter), explaining that…

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