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TL;DR
Bear in mind final week after we reported that the Ethereum Shanghai Improve was a hit, and ETH cracked $2k?
Properly, excellent news! As of this writing, it is nonetheless above $2k – despite the fact that $375M {dollars} price of ETH has been despatched to exchanges previously week.
(When people ship their crypto to exchanges, it is typically with the intent to promote – and promote strain = lowered costs).
That would all change by the point you’re studying this…however for now? Hooooray!
Full Story
People are sort of tousled.
We react to dangerous information, greater than we do excellent news.
…at the least, that is the generally held perception.
Nevertheless it’s not strictly true. See, we react to issues that give a heightened bodily response (i.e. issues that get our coronary heart charges up).
For instance:
Issues that get us mad = heightened coronary heart price = excessive engagement. Issues that make us unhappy = lowered coronary heart price = low engagement.
Each can be thought-about ‘dangerous information,’ however one yields larger engagement.
(Fascinating, no?)
Anyway, that is all to say:
It is simple for us to speak about maddening information (like Gary Gensler’s fumbling of crypto regulation, or the numerous sins of Sam Bankman-Fried) as a result of we’re naturally inclined to devour that type of stuff.
Nevertheless it’s price stopping to scent the roses, even when it isn’t breaking information. And that is what we’re doing at this time.
Bear in mind final week after we reported that the Ethereum Shanghai Improve was a hit, and ETH cracked $2k?
Properly, excellent news! As of this writing, it is nonetheless above $2k – despite the fact that $375M {dollars} price of ETH has been despatched to exchanges previously week.
(When people ship their crypto to exchanges, it is typically with the intent to promote – and promote strain = lowered costs).
That would all change by the point this hits your inbox…however for now? Hooooray!
And certain, the headline theme of ‘good things that occurred, hasn’t gone to hell simply but,’ is not the strongest choice…
However as we stated, it is price stopping to scent the roses.
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