Blockchain 

Ethereum (ETH) Shows Severe Selling Pressure Amid Bearish Sentiments

The cryptocurrency market is on a downward trend after Bitcoin failed to establish support at the $11,000 level, plunging instead to around 10% to the $10,000 region. Ethereum has equally felt the heat, plunging 32% in what was the largest percentage loss ever in a single day, and on Monday it was trading at $206.08. Ethereum Plunges as a Result of Selling Pressure As selling pressure continues to build, Ethereum continues to plunge, and it is expected to drop even lower in the near future. Ethereum has significantly dropped from…

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Bitcoin 

Bitcoin Price Shows Resilience Above $3,500, Despite ETF Rejection

Bitcoin price is showing resilience in the face of adversity. The latest bad news has failed to knock BTC to the floor. So is there a bull run ahead? Bitcoin Price Yesterday, the Chicago Board Options Exchange (CBOE) BZX equity exchange withdrew its request to list a Bitcoin ETF (exchange-traded fund). The news surely has disappointed Bitcoin traders, but it has yet to be reflected in Bitcoin price. CBOE requested a rule change by the US SEC that would have allowed a Bitcoin ETF listing to be plausible. This potential ETF was…

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