Now that Ethereum has run the prior All Time Highs in August, I think ETH will drop back to its 21W EMA. A lot of people will get upset with this idea, but this has been the plan since ETH went home in April (new ATH, then pullback to 21W EMA and find support).
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It can be said that CEX, which relies on transaction fees as its core source of income, has reaped the greatest benefits from the explosion in the size of Crypto. According to public market estimates, the annual revenue and profits of leading offshore CEXs such as Binance and OKX are currently in the billions or even tens of billions of US dollars. For example, Binance's annual revenue in 2023 was as high as US$16.8 billion, and its annual cryptocurrency trading volume exceeded US$3.4 trillion.
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Friendly reminder to claim your @infinex S1 rewards If you participated in the Yaprun leaderboard and made it into the top 501, then: > Go to Infinex app > Open Airdrops tab > Claim µPatrons
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