Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems.
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Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems.
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A bull flag pattern resembles a flag on a pole and appears when a cryptocurrency is experiencing a significant price rise.
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After holding support on Friday, cryptocurrency markets continue to trade sideways with little to no change for Bitcoin, Ethereum, BNB, and other major crypto assets. We’re not seeing any movement today because of Bitcoin’s peg with the stock market, and since global markets are closed today, BTC is waiting on the sidelines for the next move. Key Points: Cryptocurrency markets continue to lose momentum as BTC dips below $20k and ETH remains above $1,300. This week has been quite bearish for crypto markets, with the biggest stories including a Binance Bridge Hack and Kim K being fined by the SEC.
The post Trading Volume Drops Significantly for Bitcoin and Ethereum as Cryptocurrency Markets Remain Unchanged appeared first on The Merkle News.
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Bitcoin’s status as an inflation hedge has come under scrutiny in the current market, but experts point toward the exceptional market conditions.
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