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#Ethereum; (ETH) Price Prediction For 2024, 2025 And 2030 Ethereum is an open-source blockchain with smart contract functionality and often used in the field of decentralized finance (DeFi). More than just a digital token, Ethereum is more like a network, maintained and updated by validators who earn Ether (ETH) in exchange for their work and contribution. Many experts believe Ethereum to reach a $40,000 valuation by 2030, and it does not seem as unrealistic as it might appear. There are several strong factors, including its unique model, broad market strategy, scalability solutions, and leader in various decentralized applications, which has put Ethereum on the #top of the list. Ethereum Overview #Market Price $1,875 Price Change 7 days +0.44% Market Capitalization $225 billion Circulating Supply 120,231,505 ETH Trading Volume $9,356,160,592 All Time High $4891.7 All time low $0.4209

#Ethereum; (ETH) Price Prediction For 2024, 2025 And 2030

Ethereum is an open-source blockchain with smart contract functionality and often used in the field of decentralized finance (DeFi). More than just a digital token, Ethereum is more like a network, maintained and updated by validators who earn Ether (ETH) in exchange for their work and contribution.

Many experts believe Ethereum to reach a $40,000 valuation by 2030, and it does not seem as unrealistic as it might appear. There are several strong factors, including its unique model, broad market strategy, scalability solutions, and leader in various decentralized applications, which has put Ethereum on the #top of the list.

Ethereum Overview

#Market Price $1,875

Price Change 7 days +0.44%

Market Capitalization $225 billion

Circulating Supply 120,231,505 ETH

Trading Volume $9,356,160,592

All Time High $4891.7

All time low $0.4209

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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The world’s largest crypto exchange, #BinanceEVM , is in talks with the #Indian government to restore citizens’ access to the Binance mobile application and website. An Indian publishing firm captured this development, citing sources familiar with the matter. Per the report, Binance is willing to settle outstanding taxes accumulated as of January 12, when operations were halted. However, it noted that the exchange is unprepared to adhere to the Prevention of Money Laundering Act (#PMLA ) guidelines. In particular, Binance sources reportedly stated that the exchange requires time to establish the necessary procedures to comply with the PMLA and Financial Intelligence Unit (FIU) regulations. Consequently, it requested permission to resume operations in the interim period. In response, the Indian authorities have rejected Binance’s request to resume operations until the company implements the necessary compliance. The statement read: Compliance with PMLA is paramount. They have been explicitly told that any discussion on resumption of their services in India is only after the government is satisfied with their responses on the notices sent by the FIU. Earlier, the government blocked nine offshore crypto platforms’ websites and mobile apps. The affected exchanges include Binance, kucoin. #Huobi , OKX, Gate.io, Bittrex, Bitstamp, #MEXC Global, and Bitfinex. Notably, the government’s step was warranted because these platforms failed to respond to show-cause notices from the FIU. Meanwhile, the government is collaborating with banks to devise measures against traders who utilize virtual private networks (VPNs) to access the banned platforms. Data suggested that approximately 4,000 Indian crypto traders are suspected of using VPNs to conduct transactions on Binance rather than transferring their assets to compliant Indian exchanges. It is estimated that nearly $4 billion worth of crypto belonging to Indian traders is stored in offshore wallets.
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THE #bullrun2024! ? ? ? Oliver L. Velez, an experienced digital assets trader, has advised crypto investors to get their bitcoins off crypto exchanges and prepare to buy the dip. Velez said this in a recent post on X (formerly Twitter) where he identified a crucial reason why the crypto market might experience another significant crash. $BNB is near #BinanceSquareExplorers last leveraged liquidation price once again. Remember when Caroline of Alameda tried to defend the $22 price before it and #FTX. imploded? A $BNB collapse would bring down a house of cards 10x the size of FTX. Get your #Bitcoin off all exchanges. Oliver L. Velez ⚡️ 13%'er Bitcoine September 11, 2023 Velez claimed that at its current price, BNB is near Binance’s last leveraged liquidation price. He believes that a BNB collapse would impact the entire crypto market in a significant way. According to Velez, a BNB crash will send the crypto market tumbling by more than ten times the magnitude of the crash experienced during the FTX collapse of last November. The highly experienced trader recalled an event that preceded the FTX collapse, when Carolin Ellis, CEO of Alameda Research, posted that Alameda would buy Changpeng Zhao’s FTT tokens for $22 each. Of course, that did not materialize and could not save the market from an eventual collapse. Velez thinks the crypto market is preparing for a cleansing flush-out before the next bull run in 2024. Ecks, a respondent to Velez’s post, noted that Changpeng Zhao, CEO of Binance, already claimed that the exchange has no loans. If that is the case, Ecks questioned the possibility of liquidation.
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