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Today’s Cryptocurrency Headline

Moonbeam Network officially announced on Twitter that it now supports Foundry, an Ethereum development environment written in Rust that helps developers manage dependencies, compile projects, run tests, deploy contracts, and interact with blockchains from the command line. Foundry can directly interact with Moonbeam’s Ethereum API so it can be used to deploy smart contracts into Moonbeam.

BingX’s Bitcoin Chart

Source: TradingView & BingX

According to the OKLink data, the current balance of Ethereum miner addresses has reached the highest level in three years, with a value of 254,846.35 ETH. Bitcoin price is almost flat over the past 24 hours. The bearish momentum still remains as the relative strength index (RSI) is near the oversold zone. For now, the bulls need to push the Bitcoin price above the 50-day simple moving average (SMA) ($22,408) to establish a relief rally. If the bulls could not hold the current level, Bitcoin could find support at around $20,000.

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