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The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.
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DOGE's new-found stability reflects lack of investor interest in trading alternative cryptocurrencies.
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The handouts are part of a token airdrop whose snapshot took place in 2020.
While the Fed's tightening cycle seems to be in its final stages, the Bank of Japan is yet to move the needle on rates.
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