ETH may consolidate as Merge excitement wears off, says expert

After a surge in Ethereum (ETH) prices last week, the cryptocurrency may now be treading in a consolidation phase, says asset management firm IDEG’s chief investment officer.  In a report shared with Cointelegraph on Monday, the author of the report, Markus Thielen said he while he has been bullish on ETH prices six weeks ago, he has now turned “cautious.” The thesis has been based on macro factors and price analysis of the cryptocurrency, noting that the Fed still continues to “ramp up its Quantitative Tightening (QT) program which drains…

Bitcoin network activity decline suggests longer bear market: Glassnode

With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says Glassnode.  The assessment of mediocre market growth over the past week came from blockchain analysis firm Glassnode in its latest The Week On Chain report on August 1. In it, analysts pointed to sideways growth in transactional demand, active Bitcoin addresses remaining in “a well defined downward channel,” and lower network fees as reasons to temper investors’ excitement about the…

ETHEREUM (ETH) vai ser SUPERADA em 3 ANOS?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Você Investe em Ethereum (ETH)? A Ethereum é hoje a maior blockchain da atualidade e possui o Ether, o segundo maior criptoativo do mercado de criptomoedas. Na Mercurius, acreditamos em um futuro próspero para o ETH, entretanto, entendemos que esse criptoativo não vai reinar o mercado por muito tempo. No vídeo de hoje vamos explicar o motivo! Bora para a análise? 📊 PARTICIPE DO DESAFIO: A GRANDE APOSTA! 💎 [SEJA MERCURIUS PRO] (torne-se um investidor consistente em criptomoedas): 🕶️ [TWITTER DO ORLANDO]…

Dr Disrespect unveils NFT game to mixed reaction, FC Barcelona’s first NFT sells for $700K and more…

Gaming YouTube streamer “Dr Disrespect” unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadrop on July 30. The initial reaction has been mixed, however, with some underwhelmed by the game’s lack of polish given that Dr Disrepect boasted in a now-deleted Tweet from June that it “already blows out anything” from the Call of Duty game engine. User @Jonesy_Actual stated the game currently looks “like an arcade shooter at Chuck E Cheese” while @MemeCyptum sarcastically chimed in with: “Dr Disrespect tried making an NFT shooter and it…

WILL THE CRYPTO MARKET BE DEVASTATED BY RECESSION?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today let’s talk about what to expect this week with the upcoming Fed rate hike and GDP numbers. Will recession bring down Bitcoin and the Crypto market? 📊Buy Bitcoin & Crypto w/Bitget (No KYC and up to $8000 Bonus) 🟪Buy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) 💳Get a Bitcoin Reward Credit Card (1.5% Back in BTC): 📈Buy Stocks, ETFs, Options w/ MooMoo (Earn 10 Free Stocks up to $2500) 🚧Buy Crypto Domain Names w/ Unstoppable Domains: 🚨Protect Yourself with NordVPN…

Tether supply starts to increase after three-month decline

The world’s largest stablecoin, Tether (USDT) has expanded its circulating supply following almost three months of reductions, in what could be a sign the crypto markets are slowly recovering.  The first mint in almost three months occurred on July 29, and there have been three more, with the latest on August 2, according to CoinMarketCap. The USDT injections have been small, however, lifting Tether’s market cap by just 0.7% or just under $500 million. USDT market cap 7D – Coinmarketcap.com According to the Tether transparency report, there is now 66.3…

Blockchain Startup W3BCloud to Go Public via SPAC Deal

Blockchain cloud infrastructure service provider W3BCloud is set to go public via a Special Purpose Acquisition Company (SPAC) dubbed the Social Leverage Acquisition Corp I (SLAC). According to the transaction document, the SLAC vehicle is being sponsored by Social Leverage, a leading early-stage VC. The proposed funds to be raised via the SPAC are pegged at about $100 million. Going public through a special purpose acquisition company is an alternative route designed for startups looking to raise funds and trade on public bourses.  They are generally a faster-track option for…

99% DON'T SEE THIS ON BITCOIN TODAY!!! [warning] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin News Today – 99% DON’T SEE THIS ON BITCOIN TODAY!!! [warning] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY // Cryptocurrency News Today // Crypto News Today 🥇 Bitget: $4’163 FREE BONUS 🥈 Bybit: $600 FREE BONUS 🥉 Phemex: $100 FREE BONUS ▶ CRYPTO TECHNICAL ANALYSIS PLATFORM TradingLite: VOLUME ANALYSIS TradingView: TECHNICAL ANALYSIS ▶ SOCIAL MEDIA Twitter: Crypto Discord Server: ▶ TIMESTAMPS 0:00 Bitcoin Price Prediction ▶ DONATIONS Bitcoin (BTC): 15ViBpKAhNCPzY9UXc6KoTEabUqTEXo1Hr Ethereum (ETH): 0x2aA9a238511d267662A951E87C36eAd3a0275006 Bitcoin Cash (BCH): qztzh024tfg7fdk4s04hr2ggdw7v9m9kdqmavmarjj ▶ TOPICS Bitcoin…