The Ethereum price has come under renewed focus following analysts’ projections of a major rebound toward $10,000. CrediBull Crypto highlighted that the current decline is part of a healthy correction...

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<p><span>The Ethereum price has come under renewed focus following analysts’ projections of a major rebound toward $10,000. CrediBull Crypto highlighted that the current decline is part of a healthy correction before a stronger third wave rally. Meanwhile, recent on-chain data shows whales have accumulated over $1.12 billion worth of ETH. This move reinforces long-term confidence in the asset. Despite short-term downside pressure, market sentiment remains cautiously optimistic as accumulation intensifies around key demand zones. </span></p></div></div>

Whales Scoop 323,523 ETH Amid Price Dip – Is Ethereum Price Correction Setting Up a 10K Wave?

After months of waiting, layer-1 blockchain Monad has officially confirmed the launch date of mainnet and TGE Token MON on November 24.
Monad sets mainnet launch date and TGE Token MON
The launch...

Monad sets mainnet launch date and TGE Token MON

Ripple (XRP) announced a successful $500 million raise at a $40 billion valuation, marking the company's largest Capital round since 2019.
Ripple raises another $500 million, raising its valuation to...

Ripple raises another $500 million, bringing its valuation to $40 billion

<p><span style="color:#7f8c8d">Author: Yuuki, TechFlow TechFlow</span></p><br/><br/><h3>TL;DR</h3><br/><br/><p>The recent market downturn is due to a combination of factors, including short-term macroeconomic headwinds, the industry black swan event of October 11th, and competition for funds among the US, South Korean, and Chinese stock markets. Long-term, the Fed's preemptive interest rate cuts and moderate liquidity injections have not generated as much buying pressure as the new Crypto assets and token unlocking have generated selling pressure, as reflected in...</p>