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On October 29th, the price rise of Dogecoin further expanded, indicating that investors hope the cryptocurrency can receive a significant boost from ElonMusk's Twitter acquisition. On October 29th, the price of Dogecoin jumped nearly 75% to $0

The Layer1 project that is currently receiving attention has basically come to an end after Sui goes online.The Ethereum Killer narrative that began in 1617 has come to an end (not that Layer1 projects are cool and will continue to emerge, but rather that Ethereum can no longer be replaced)After the birth of BTC, many so-called BitcoinKillers emerged, including BTC Diamonds, Zcash, ZEC, Monroe, and even Ethereum, all aimed at solving a certain problem with BTC

Edited by: Bi LumingWithin an hour, Bitcoin staged a trend of long short to recover and cut. At around 8:00 am Beijing time on the 10th, Bitcoin fell below the $30000 mark, breaking a new 10 month low and falling more than $10000 from the highest point since the Federal Reserve raised interest rates on May 5th

Edited by: Bi LumingYesterday was still Little Sweet, today is Lady Niu?According to a report by the Securities Times on March 5th, the world's richest man, Musk, recently made a statement in the "coin circle", stating on social media that he was once obsessed with cryptocurrencies and is now very interested in AI. At the same time, the sudden "explosion" of cryptocurrency trading bank Silvergate has also sparked a panic storm in the currency industry

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

Disclaimer: This article does not constitute any investment advice.Editor: Remember to follow!Will BinanceDEX, a decentralized exchange, surpass the centralized exchange's monetary security?Wen | Du Huitang MoonProduction | Mars Finance (ID: hxcj24h)Entering the Chinese New Year, Coin An has become unstoppable

Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), is expected to "merge" in mid September. What will be the impact of this move?On August 12th local time, Ethereum co founder VitalikButerin tweeted that the blockchain software upgrade, known as a "merger" in the encryption field, is expected to occur around September 15th, although the exact date depends on the hash rate

Layer-1

In the past week, several traders have participated in trading ETH for meme tokens. As a result, the usage of gas has surged, bringing considerable revenue to blockchain

In the past 24 hours, the net outflow of cryptocurrency market value was $10 billion, currently $1.20 trillion, a decrease of 0.96% from $1.21 trillion.The market value of Bitcoin increased by 0.43% to $563.18 billion during this period, while the market value of Ethereum decreased by 1.24% to $22.74 billion.During the reporting period, the performance of the top 10 cryptocurrencies was mixed. The largest gainers were Caldano and Bitcoin, with gains of less than 0.5% each.Others, such as dog coin, BNB, Solana, Boccado, Litecoin, and XRP, lost more than 2%, respectively.The market value of the tether (USDT) and the dollar coin (USDC) increased slightly to $81.61 billion and $30.73 billion, respectively. In contrast, the Binance US dollar fell to 6.3 billion US dollars.MusicIn the past 24 hours, the trading price of Bitcoin has increased by 0.1% to $29008, as of 07:00 Eastern Time in the United States. Its market dominance has increased from 46.6% to 47%.During the reporting period, the volatility of Bitcoin wiped out over $300 million in profits, following rumors that the US government and bankrupt password exchange company (Mt. Gox) were selling this asset. CryptoSlateInsight reports that the sharp fluctuations in Bitcoin prices are caused by poor market liquidity.

Bitcoin (BTC) prices have shrugged off concerns about sudden changes in long-term dormant wallets, as well as ongoing regulatory uncertainty surrounding Coinbase's lawsuit against the US Securities and Exchange Commission due to unclear encryption rules, and have rebounded strongly to a level of over $28000 for the first time in four days.This may be due to a surge in technical buying before the 50 day moving average of $27200, as well as recent support from a low point slightly above $27000

Highlights of the storyBitcoin prices have slightly increased as it has returned to levels above $28000, while a bearish cloud continues to envelop the cryptocurrency sector.In addition, seemingly confused counterfeit coins are expected to reach their main support levels before being promoted to the next stop