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The Fed Hints at Rate Cuts, Bitcoin Surges to $62,000, but Future Trajectory Remains UncertainA potential rate cut hinted at by Federal Reserve Chair Jerome Powell on Friday sent Bitcoin prices soaring past $62,000. However, the short-lived price surge also triggered a liquidation of over $21 million in short positions within an hour, coupled with some long liquidations

Kabosu, the Shiba Inu "doge" meme icon, has passed away, causing a surge in Dogecoin priceThe recent passing of Kabosu, the Shiba Inu who inspired the iconic "doge" meme, has sparked widespread attention within the cryptocurrency community. Kabosu, adopted by Atsuko Sato, was the subject of a photo taken in 2010 by Sato

Elon Musk "Willing to Serve": Dogecoin (DOGE) Jumps Nearly 6% on Tech Mogul's PostElon Musk has once again stirred the price of Dogecoin (DOGE). The SpaceX CEO's recent social media post humorously proposing to serve as the "DOGE" in a Trump administration led to a near 6% surge in the memecoin's price

Bitcoin Breaks $62,000 After Fed Chair Hints at Continued Rate Cuts

Cryptocurrency Investment Firm 1confirmation Bullish on DeFi, NFTs, and Prediction Markets, Anticipating Explosive GrowthCryptocurrency investment firm 1confirmation, in its Q2 2024 LP letter, expressed strong optimism about DeFi, NFTs, and prediction markets, forecasting their explosive growth in the coming years.The letter highlights that DeFi and NFTs will become even more robust, while SocialFi and other novel use cases will emerge through application chains, L2s, and L3s

Ethereum's Strong Fundamentals: From L2 to Privacy Tools, the Ecosystem is Constantly UpgradingEthereum co-founder Vitalik Buterin recently stated that Ethereum is becoming more robust. He pointed out that transaction fees on L2s have dropped below $0

Ethereum Stagnant, Whale Dumping Sparks Concerns, Analyst: Remains Defensive Until Above $3050Ethereum's price has been consolidating within a narrow range for the past week, with minimal movement, a mere $128 fluctuation. On August 20, ETH price fell by 3

Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance

Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000In short, Ethereum's price could rise back to $3,000 if the asset successfully breaks out of its current consolidation range. The recent crisis led to realized losses that were close to annual highs, but these have now declined significantly

Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder BreakoutBitcoin closed above its 200-day moving average for the first time since August 13th, but this doesn't necessarily signal a complete takeover by bulls. Despite a 3

Bitcoin and Ethereum Futures Close Higher in New York on WednesdayBitcoin futures closed higher on Wednesday (August 21st), with the CME Bitcoin futures contract (BTC) settling at $61,405.00, up 2

Bitcoin futures drop over 1%, Ethereum futures dip slightlyAt the close of trading in New York on Thursday (August 22), the CME Bitcoin futures BTC main contract closed at $60,770.00, down 1