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Ethereum’s Layer 2 Networks Projected to Reach $1T Market Cap by 2030: VanEck Analysts
VanEck predicts Ethereum’s L2 solutions may outperform the main blockchain, potentially leading to a $1 trillion market cap within six years.
Cryptopotato·2024/04/08 05:07
Bitcoin ‘Bollinger Band’ signal suggests BTC could double by July
A widely-used technical analysis indicator suggests that Bitcoin could double its price within three months.
Cointelegraph·2024/04/08 04:37
Base hits $4B TVL as monthly txs outstrip Ethereum and Arbitrum
Layer-2 network Base was the only top five Ethereum layer 2 to see a value-locked gain over the past seven days.
Cointelegraph·2024/04/08 02:17
Bitcoin tips toward $70K, setting a path for TON, STX, MNT and MKR to follow
Bitcoin attempts to break out of a bullish chart formation, opening the door for TON, STX, MNT, MKR and other altcoins to follow.
Cointelegraph·2024/04/08 01:44
Bitcoin ‘has room to run' and trade half the value of gold: SkyBridge CEO
A widely-used technical analysis indicator suggests that Bitcoin could double its price within three months.
Cointelegraph·2024/04/08 01:26
Flash
11:48
Brazilian Finance Minister Dario Durigan: I still believe there is room for further rate cuts, but that depends on the central bank's authority.Brazilian Finance Minister Dario Durigan: I still believe there is room for further interest rate cuts, but this depends on the central bank's authority.
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TRON daily transactions reached 14.55 million, setting a new all-time high three times in the past ten daysAccording to ChainCatcher, TRONSCAN data shows that the daily transaction count on TRON has reached 14.55 million, setting a new all-time high. In the past 10 days, this metric has broken historical records three times. At the same time, the daily active accounts on the TRON network also reached a historical high on June 10, surpassing 5.8 million; over the past 30 days, the average number of active accounts was 5.18 million, indicating a continuous increase in network activity. In addition, TRX was officially listed recently on Bitnomial, an exchange and clearinghouse regulated by the US Commodity Futures Trading Commission (CFTC), and spot trading has been opened. This provides a new compliant and regulated channel for US market participants to access the TRON ecosystem.
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Analysis: The US Dollar Index is nearing a breakout of its upper range, placing pressure on BTC, which may continue its negative correlation with the DXYChainCatcher news, according to CoinDesk, Bitcoin, which is seen as the “rival” to the US Dollar Index (DXY), is facing continued pressure as the market watches the US Dollar Index approach a breakout above the upper boundary of its 13-month-long consolidation range.
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