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While celebrating the Lunar New Year, let’s not forget our trading plans for the upcoming week! Don't forget to join the 68 Trading community for more quality trade signals: Join 68 Trading now for high-quality trading setups! Review of Last Week’s Trading Plan Recap: 68 Trading
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The cryptocurrency market, and Bitcoin in particular, has quickly shrugged off recent negative news to reach new highs for 2023. Top cryptocurrency price movements at 08:50 AM on January 21, 2023. Source: Coin360 On the morning of January 21, the cryptocurrency market resumed strong growth after a brief consolidation
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According to a report from Token Unlocks, an estimated $102 billion worth of tokens are still awaiting unlocking in the coming years, including prominent names like XRP, FIL, OP, LINK, and BIT. Token Unlocks has compiled data from 300 leading projects with fixed supplies on CoinGecko to produce the following
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Fantom has unveiled a new decentralized funding mechanism for projects within its ecosystem, named the “Ecosystem Vault.” Fantom has recently launched a new product designed to enable projects within its ecosystem to raise funds in a decentralized manner from the community, known as Ecosystem Vault. With this mechanism, projects can
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Polkadot has released Version 3 of its Cross-Consensus Messaging (XCM) feature, enhancing interoperability between different blockchains within its ecosystem. Cross-Consensus Messaging (XCM) is a feature introduced by Polkadot in May 2022 to facilitate seamless interaction and direct data transfer among parachains within the ecosystem. According to Polkadot founder Gavin Wood,
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The Layer 2 Ethereum solution zkSync is teaming up with Espresso Systems, a crypto infrastructure company, to enable private transactions on its platform. zkSync Integrates New Technology for Private Transactions on Its Network This collaboration will incorporate Espresso Systems' new privacy technology, CAPE (Configurable Asset Privacy), built on Ethereum.
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South Korea’s largest cryptocurrency exchange, Upbit, has announced it will now support Shiba Inu (SHIB) trading pairs with the Korean Won (KRW). Upbit has added SHIB and GAL as the latest digital assets to its platform, introducing the SHIB/KRW and GAL/BTC trading pairs. However, Upbit has noted
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Ethereum layer-2 scaling solutions Optimism and Arbitrum are in a fierce competition over transaction activity. Over the past month, there has been a noticeable divergence in activity between Optimism and Arbitrum. According to data from The Block, Optimism has been averaging 675,000 transactions per day, while Arbitrum lags behind
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Popular metaverse projects have experienced an explosive price surge over the past week, outpacing even major market leaders like Bitcoin and Ethereum. It seemed improbable that the metaverse sector would regain traction amidst Bitcoin’s strong recovery above $21,000, especially given that virtual land prices and trading volumes plummeted
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In a recent report on the economic status of USDC, Circle reaffirmed that its stablecoin "always" maintains a 1:1 peg to USD. The report opens by highlighting that Circle has redeemed $213 billion worth of USDC since its launch in 2018. This success is attributed to the
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Shibarium, the upcoming layer-2 solution from Shiba Inu, is poised to become a direct competitor to other layer-2 solutions like Arbitrum and Optimism. It aims to enhance scalability, speed, and transaction fees. Shiba Inu Set to Launch Beta Version of Layer-2 Shibarium On January 16, Shiba Inu announced that the
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On January 17, cryptocurrency exchange Binance announced the completion of its 22nd quarterly BNB burn, marking a significant increase in the value of BNB destroyed. Binance Completes 22nd BNB Burn In Q4 2022, Binance burned 2,064,494 BNB through its BNB Auto Burn mechanism. In USD terms, this equates
