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Bitcoin price dips during Asian hours on Monday, continuing to relinquish gains
Bitcoin price dips during Asian hours on Monday, continuing to relinquish gainsBitcoin price dipped during Asian hours on Monday (January 9), continuing its volatile decline. Huobi's quote shows that Bitcoin/CNY has oscillated and retreated to around 6140 yesterday and during Asian trading hours today
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Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull Run
Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull RunDespite a nearly 25% surge in Bitcoin's price in September, rising from $53,000 to $66,000, the Bitcoin futures basis and funding rate have remained relatively stable, exhibiting no significant fluctuations. This contrasts with previous price rallies, which typically saw a considerable increase in funding rates and basis
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Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat Up
Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat UpTraders on Tuesday boosted the probability of the Federal Reserve cutting interest rates by 50 basis points for the second time in a row to 61%, as China also joined the near-global monetary easing movement currently sweeping major economies. This news pushed the price of Bitcoin to its highest level in over a month during US afternoon trading on Tuesday, breaking above the $65,000 mark for the first time since early August
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Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in Response
Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in ResponseOn September 18, Federal Reserve Chair Jerome Powell addressed reporters in Washington. The Fed announced a 50 basis point reduction in its benchmark interest rate range, bringing it to 4
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Bitcoin Breaks Through $61,000 Mark, Surging in Early Asian Trading
Bitcoin Breaks Through $61,000 Mark, Surging in Early Asian TradingBitcoin prices surged in early Asian trading on July 15, breaking through the $61,000 mark and rising by over 2% at one point.This surge continues the recent strong momentum in Bitcoin, with optimism surrounding cryptocurrencies continuing to heat up
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AI Tri-Coin Merger: Opportunities and Challenges for ASI
AI Tri-Coin Merger: Opportunities and Challenges for ASICryptocurrency Market Analysis Today:The cryptocurrency market is showing consolidation today, with both BTC and ETH experiencing fluctuations. The daily chart of BTC has entered the middle stage of a consolidation pattern, and the fluctuation range is expected to further shrink in the latter half
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Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing
Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing Summary Bitcoin prices have fallen again amid cooling demand for a dedicated US exchange-traded fund (ETF) and reduced bets on monetary policy easing by the Federal Reserve. The robust rally in cryptocurrencies this year is losing steam as persistent US price pressures prompt investors to pare back bets on Fed rate cuts, buoying Treasury yields and the US dollar
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Bitcoin Price Dips Again as Demand for US Spot ETFs Cools, Fed Easing Bets Wane
Bitcoin prices fell again on April 2nd as demand for a US spot exchange-traded fund (ETF) waned and bets on a dovish pivot by the Federal Reserve diminished. The cryptocurrency's strong rally this year is losing steam as persistent U
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Contradiction between the soaring price of Bitcoin and the decreasing trend of holdings
Contradiction between the soaring price of Bitcoin and the decreasing trend of holdingsThe recent price increase of Bitcoin contradicts market expectations, and there has been a decrease in open positions in different forecasts.Despite a stunning decline in the total position (OI) of the Perpetual Exchange, the value of Bitcoin (BTC) has surged by 10%, which is impressive
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On Celestia's business philosophy: Can it be feasible to attract Ethereum Layer2?
This article does not involve much technical interpretation, but rather focuses on the situationAnalyze Celestia's current business ideas and situation. Celestia's self positioning is the "best DA layer" under modular blockchain narrative
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Bitcoin (BTC) has surged 108% year-to-date, highlighting the increasing prominence of cryptocurrencies
The price of Bitcoin (BTC) has significantly increased, approaching the $36000 mark, causing ripples in the cryptocurrency market. Although multiple factors have contributed to price increases, an important driving factor seems to be the Federal Reserve's decision to stop raising interest rates, although there may be further hikes in the future
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Analysts emphasize Bitcoin price cycle: BTC target of $130000 within two years
As October approached, Bitcoin began to focus on the resistance level of $28000 and eventually broke through that level on the evening of October 16th. As of the writing of this article, the transaction price of Bitcoin is $28471, which has attracted widespread attention and analysis