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US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk Assets
US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk AssetsSeptember 9, 2023 - US Bitcoin ETFs experienced their longest single-day net outflows since their launch earlier this year, a move that reflects broader investor pullback from high-risk assets amid global market challenges. Data compiled by Bloomberg shows that investors pulled nearly $1
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Hong Kong's RWA Ecosystem Booms: Langxin Group and Ant Group's Collaboration Ushers in a New Era of Real-World Asset Tokenization
Hong Kong's RWA Ecosystem Booms: Langxin Group and Ant Group's Collaboration Ushers in a New Era of Real-World Asset TokenizationOn August 28, the Hong Kong Monetary Authority (HKMA) held a press conference to announce the first phase of the Ensemble project (Sandbox) and detailed four key tokenization use cases. Among them, the first domestic tokenization project based on real-world assets in the new energy sector, completed in Hong Kong by Langxin Group (300682, SZ) and Ant Group, became a focal point of the press conference
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Bitcoin's price decline sparks market concern, risk assets fall across the board
Bitcoin's price decline sparks market concern, risk assets fall across the boardBitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly
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Salvadoran Public Servants to Receive Bitcoin Training, Paving the Way for Digital Asset Strategy
Salvadoran Public Servants to Receive Bitcoin Training, Paving the Way for Digital Asset StrategyThe Bitcoin Office of El Salvador has announced that 80,000 public servants will receive Bitcoin guidance and knowledge certification through a public administration course module taught by the Higher School of Innovation in Public Administration (ESIAP). In addition to Bitcoin, the module will cover training in cybersecurity, blockchain, and artificial intelligence (AI), culminating in a public administration certificate
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Market Sentiment Under the Tug-of-War Between Bulls and Bears: Analyzing BTC, ETH, SHIB, and Other Assets
Market Sentiment Under the Tug-of-War Between Bulls and Bears: Analyzing BTC, ETH, SHIB, and Other Assets Market data reveals a current bull-bear ratio of 50.56%/49
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Bitcoin Ranks Sixth in Global Currency Assets, Grayscale Launches MKR Trust, Fed May Cut Rates from September
Bitcoin Ranks Sixth in Global Currency Assets, Grayscale Launches MKR Trust, Fed May Cut Rates from SeptemberBitcoin currently holds the sixth position in global currency assets, with a total market capitalization of $1.19 trillion
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Binance Deepens Decentralization Strategy: BNB Assets Power Launchpool, Driving DeFi Ecosystem Prosperity
Binance Deepens Decentralization Strategy: BNB Assets Power Launchpool, Driving DeFi Ecosystem ProsperityBinance, the world's leading cryptocurrency exchange, has been committed to fostering the development of Decentralized Finance (DeFi). Recently, Binance announced that its Launchpool service will support decentralized BNB assets held in Binance Web3 wallets, marking another significant milestone in Binance's journey towards decentralization
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Million-Dollar Ethereum Transfer Sparks Market Attention: Rise of Digital Asset Management Platforms and Investor Insights
Million-Dollar Ethereum Transfer Sparks Market Attention: Rise of Digital Asset Management Platforms and Investor InsightsIn the world of digital currencies, large transactions always attract attention. A recent transfer of 9,209 Ethereum (ETH), valued at approximately $24
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The Secret to Investment Success: Time, Your Greatest Asset
The Secret to Investment Success: Time, Your Greatest AssetThe ups and downs of Bitcoin prices resemble a map, and behind the seemingly erratic fluctuations lie profound mathematical laws, like contour lines on a map, outlining the trajectory of price movements. This law stems from the power-law model, which helps us better understand Bitcoin's price behavior and identify the key to investment success
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Today's recommendation | A new paradigm for asset issuance - the next wave of Bitcoin metadata protocol has arrived
This year, asset issuance protocols on the Bitcoin chain have become the focus of everyone's discussion. These protocols are all metadata protocols that define an asset by recording some information in a Bitcoin transaction
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Billions of young men dream of "Doll Sister" shorting ETH and successfully landing 200 million assets, but suddenly exploding their positions
The Dark Network Goddess Doll Sister believes that many boy shoes are very familiar with it.She is the chief spokesperson for a certain station, wearing a mask as a promotional ambassador no matter where she isAlthough we never saw her true face during the filming of the movie, we couldn't see her facial expression because she had been wearing a mask
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A New Chapter in Digital Asset Interpretation: Bitcoin Leading the Way, Why Does Ethereum Disappear?
Why has Ethereum performed significantly weaker than Bitcoin this year? From a historical cycle perspective, in the process of the crypto market transitioning from bear to bull, funds will first flow into Bitcoin and then into other sectors; From a short-term perspective, compared to other crypto assets, the recent Bitcoin spot ETF has a significantly stronger stimulating effect on BTC; From the perspective of technological development and narrative, in addition to the original value recognition of "digital gold", Bitcoin has once again developed a new narrative, while Ethereum has further entered a technological bottleneck; From the on chain data, Ethereum's pledge has slowed down, inflation has rebounded, and Bitcoin's on chain activity is relatively high; From a regulatory perspective, Bitcoin's non securities status is clear, and Wall Street has a higher recognition of it. From different dimensions, the reasons for Ethereum's decline will also vary