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As the crypto market continues to evolve, a crypto analyst, Benjamin Cowen, has made predictions regarding Ethereum’s future value against Bitcoin. Cowen suggests that the ETH/BTC ratio will hit its lowest point in the current market cycle under specific conditions. Drawing parallels to market dynamics in 2019, he anticipates a significant shift in the Federal
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In a surprising move, Bitcoin Minetrix ($BTCMTX) recently announced a significant token burn, amounting to 10% of the total token supply of 4 billion. This initiative, aimed at reducing the overall token supply, is expected to boost the price of $BTCMTX in the market. The burn is scheduled to take place tomorrow at 8am UTC,
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House Financial Services Committee Chairman Patrick McHenry has raised serious allegations against SEC Chair Gary Gensler, claiming that he misled Congress during his testimony in April 2023. According to McHenry, recent court documents indicate that Gensler deliberately avoided answering questions about whether the SEC considers Ethereum (ETH) to be a security. These accusations have sparked
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Crypto analyst DonAlt has brought attention to a scenario where the price of Bitcoin could potentially drop to the mid-$40,000 range. He suggests that this price breakdown might be necessary for the continuation of Bitcoin’s bull run. In his analysis, DonAlt mentioned that Bitcoin had fallen back to around $60,000 and could face a potential
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Ethereum (ETH), the second-largest crypto token by market cap, has finally shown signs of life with a price rise to $3,300 over the weekend. This movement is believed to mark the beginning of a trend reversal for Ethereum, as several bullish signals have appeared on its chart. According to crypto analyst Derek, the signals on
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