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cryptocurrency - Ad-Doge BLOG

Ethereum Holds Strong For Over A Year: Monthly Close Below This Level Could Be Catastrophic

Ethereum has struggled to gain momentum, remaining stuck below critical resistance for over a year. Despite multiple attempts, the second-largest cryptocurrency by market capitalization has been unable to break through key technical levels since the beginning of this year.  Ethereum’s price action over the past two weeks has shown more weakness. An interesting analysis from…

Ethereum Foundation Revamps Leadership Amid Market Volatility

The Ethereum Foundation has announced a significant shake-up in its leadership ranks, appointing two new co-executive directors as it embarks on a fresh strategic direction. Hsiao-Wei Wang and Tomasz Stańczak will jointly take the helm of the non-profit that stewards Ethereum’s development, replacing the sole executive role previously held by Aya Miyaguchi​. On the other…

Bitcoin’s Risk Factor Remains High, Crypto Analyst Notes

A crypto analyst believes that Bitcoin remains a very risk-on asset that is linked to the shifts in the macroeconomic landscape. Emily Nicolle, a crypto reporter for Bloomberg, gave her take on Bitcoin as the firstborn cryptocurrency plunged 13% and entered bear territory. This might have been due to macroeconomic uncertainty and political factors. ‘Very…

Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us

Bitcoin’s price recently experienced another significant downturn, falling below $80,000 earlier today—a nearly 20% decrease in just the past week. This prolonged slump highlights the broader challenges facing the market, with minimal signs of recovery in sight. Amid this turbulent price activity, insights from tugbachain, a contributor to the CryptoQuant QuickTake platform, have shed light…

Dogecoin Sees 95% Drop In Network Activity—Trouble Ahead?

Dogecoin, the industry’s premier meme coin, has consistently led most altcoins in price performance in recent months. However, it faces its toughest challenge amidst falling network activity and a price slump. According to an analyst, Dogecoin experienced a massive 95% drop in active addresses on its network, suggesting a considerable decline in activity. #Dogecoin $DOGE…