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GALA cryptocurrency is showing signs of recovery after a period of decline, with its recent social activity surge attributed to Gala Games' May Chaos event. This promotional event has increased community engagement, potentially influencing GALA's price trajectory. The technical analysis indicates that GALA is trading in a downward-sloping channel, with a recent double bottom pattern suggesting a possible bullish trend if it breaks the resistance at $0.053. For more details, you can read the full article [here](https://0xzx.com/zh-tw/2024050806364373288.html). #GALACrypto #MarketTrends #CryptocurrencyAnalysis #InvestmentStrategy

GALA cryptocurrency is showing signs of recovery after a period of decline, with its recent social activity surge attributed to Gala Games' May Chaos event. This promotional event has increased community engagement, potentially influencing GALA's price trajectory. The technical analysis indicates that GALA is trading in a downward-sloping channel, with a recent double bottom pattern suggesting a possible bullish trend if it breaks the resistance at $0.053.

For more details, you can read the full article [here](https://0xzx.com/zh-tw/2024050806364373288.html).

#GALACrypto #MarketTrends #CryptocurrencyAnalysis #InvestmentStrategy

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Since the approval of the Ethereum ETF on May 23, over $3 billion worth of Ethereum has been withdrawn from centralized exchanges. This outflow, amounting to around 797,000 ETH, indicates a trend toward self-custody among investors. Such a reduction in exchange-held Ethereum could lead to a supply shortage. The positive sentiment around the ETF could drive Ethereum to new highs, similar to Bitcoin's recent performance post-ETF approval. #Ethereum #ETF #CryptoMarket For more details, visit [0xzx](https://0xzx.com/2024060319344498994.html).
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A new study by Triple-A reveals that 562 million people globally own cryptocurrency, representing 6.8% of the world's population, up 34% from last year. The United Arab Emirates leads with a 25.3% ownership rate, followed by Singapore at 24.4%. The increase is driven by regulatory changes, Bitcoin ETF approvals, macroeconomic factors like inflation, and enhanced educational resources about digital assets. As crypto adoption grows, the study predicts continued rise in usage and new opportunities in the sector. #CryptoAdoption #GlobalCrypto For more details, visit [0xzx](https://0xzx.com/2024060320034499040.html).
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Ethereum ETFs might not see the same inflows as Bitcoin ETFs on their first day, according to Stephen Richardson of Fireblocks. Evaluating Ethereum's utility and adoption is more complex, needing metrics like total value locked, transaction volume, and validator numbers. While Ethereum is viewed as a leading digital asset, its revenue generation is considered minimal compared to its market value, and staking yields are lower than U.S. Treasury yields. #Ethereum #ETF #Crypto For more details, visit [0xzx](https://0xzx.com/2024060313354498239.html).
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DWFLabs has deposited 97 million JASMY tokens, worth approximately $3.3 million, into Binance over the past three days. Each deposit has led to a short-term price drop for JASMY. Currently, DWFLabs holds 24 million JASMY, valued at $841,000, with a total profit of $9.49 million, representing a 307% increase. This activity highlights significant market movements and impacts on JASMY's price. #JASMY #DWFLabs #Binance For more details, visit [0xzx](https://0xzx.com/2024060313504498248.html).
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Ethereum has seen a significant outflow of $3 billion from centralized exchanges since the approval of the spot Ethereum ETF in the U.S. This marks the lowest level of ETH reserves on exchanges in years. Analysts suggest this trend indicates a bullish sentiment among investors, who are opting for self-custody. The lack of selling pressure from Ethereum validators further limits supply, potentially driving up prices. The upcoming Ethereum ETF could trigger further price increases, though the impact of Grayscale’s Ethereum Trust remains uncertain. #Ethereum #CryptoMarket #ETF For more details, visit [0xzx](https://0xzx.com/2024060314174498295.html).
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Ethereum Price Rises Following ETF Approval, Yet to Break Recent High
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Amended Ether ETF Applications Indicate Potential Fee Battle
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