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JUST IN: 🇮🇱🇺🇸 Israel officially asks United States to join its military attack on Iran.
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BREAKING: 🇺🇸 US inflation rises to 2.4% (EST. +2.5%)
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#CryptoFees101 Here’s a concise overview of **CryptoFee101**, covering key aspects of cryptocurrency transaction fees: Cryptocurrency fees are costs incurred for transactions, trading, or network usage. These include: - **Trading fees**: Charged by exchanges (e.g., Binance offers 0.1% spot fees, lower for makers) . - **Gas fees**: Paid on blockchains like Ethereum for smart contract execution. - **Withdrawal/deposit fees**: Vary by exchange and asset . - **Tax implications**: Fees can reduce taxable gains by adjusting cost basis or proceeds . Decentralized exchanges (DEXs) often have lower fees (0.1–0.5%) but may include gas costs . Understanding these fees helps optimize trading strategies and tax efficienc
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$ETH **ETH coin pairs**: Ethereum (ETH) coin pairs, such as **ETH/BTC** and **ETH/USDT**, are among the most actively traded in crypto markets. These pairs allow investors to trade ETH against Bitcoin (BTC), stablecoins (USDT, USDC), or other altcoins. The **ETH/BTC** ratio is closely watched to gauge Ethereum’s performance against Bitcoin, often signaling altcoin market trends. Meanwhile, **ETH/USDT** provides a direct fiat proxy, preferred for liquidity and volatility hedging. Decentralized exchanges (DEXs) also feature ETH pairs for swapping tokens in DeFi. With Ethereum’s role in smart contracts, NFTs, and staking, its trading pairs remain vital for arbitrage, speculation, and portfolio diversification in crypto markets.
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#MarketRebound The crypto market has shown a strong rebound, recovering from recent lows as investor confidence returns. Bitcoin and Ethereum led the surge, rising by over 20% in the past week, while altcoins followed suit. Analysts attribute the rally to institutional buying, favorable regulatory developments, and renewed retail interest. Market sentiment improved after the Fed signaled a potential pause in rate hikes, easing macroeconomic pressures. Trading volumes spiked, and open interest in derivatives rose, indicating bullish momentum. Despite lingering volatility, the rebound suggests resilience in the crypto ecosystem. If the uptrend continues, key resistance levels may be tested, potentially paving the way for further gains.
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Crypto News: Why Crypto is Down Today? Bitcoin Bearish Shift, CLARITY Act Momentum, and Tether’s New US Adviser (20 August)
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