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Bitcoin and Ethereum Futures Rise in New York Close on Monday
Bitcoin and Ethereum Futures Rise in New York Close on MondayCME Bitcoin futures (BTC) closed at $57,265.00 on Monday (September 9), up 6
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Frequent Dogecoin On-Chain Transfers, Price Fluctuation Risks Worth Noting
Frequent Dogecoin On-Chain Transfers, Price Fluctuation Risks Worth NotingData from Tokenview.com shows that there were 1,626 large transfers of DOGE exceeding 1,000,000 DOGE yesterday, a 4
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Bitcoin finds support near $52,500, but breakout above $55,500 resistance remains uncertain
Bitcoin finds support near $52,500, but breakout above $55,500 resistance remains uncertainBitcoin price extended its decline after breaking below the $55,500 support area, even dipping below the $53,200 level and testing the $52,500 zone, reaching a low of $52,569. However, the price is currently attempting to rebound and successfully broke through the $53,200 and $54,000 resistance levels as well as the 23
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Bitcoin and Ethereum Retest Lows: Is it Time to Buy the Dip?
Bitcoin and Ethereum Retest Lows: Is it Time to Buy the Dip?The new week has begun, and on Friday, Bitcoin broke through 55,500, surging to 56,800, bringing us handsome profits. Ethereum also performed exceptionally well, climbing from 2,340 to 2,409, allowing us to successfully close our positions for profits
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Bitcoin ETF Outflows Weigh on BTC Price
Bitcoin ETF Outflows Weigh on BTC PriceThe US Bitcoin spot exchange-traded fund (ETF) has witnessed its longest streak of daily net outflows since the beginning of the year, indicating a broader retreat from risk assets in the US. According to Bloomberg data, investors withdrew close to $1
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Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term Optimism
Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term OptimismRecently, the global financial market has been shrouded in the gloom of a looming US recession. The release of the US PMI index, which has fallen into contraction territory for two consecutive months, coupled with the "Black Thursday" event on August 5th, has fueled panic among investors to sell off risk assets
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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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US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market Turmoil
US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market TurmoilUS Bitcoin ETFs have experienced their longest stretch of daily outflows since their launch earlier this year, as investors pull back from high-risk assets amid global market challenges. According to institutional data, investors withdrew nearly $1
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Interest Rate Cuts Are Coming! Will Bitcoin Rise? A Historical Look at the Future
Interest Rate Cuts Are Coming! Will Bitcoin Rise? A Historical Look at the FutureInterest rate cuts, the savior of markets during periods of decline, are finally here! Since last year's bear market, investors have been eagerly awaiting this moment. Now, with interest rate cuts looming, everyone from traditional financial institutions to crypto KOLs has differing opinions, leaving us uncertain about how to proceed
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Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm Payrolls
Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7
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FractalBitcoin Announces Tokenomics, Mainnet Launch Imminent
FractalBitcoin Announces Tokenomics, Mainnet Launch ImminentFractalBitcoin, a Bitcoin scaling solution, has recently unveiled its tokenomics and announced the imminent launch of its mainnet. The project allocates 80% of the token supply to the community and 20% to the team and contributors, with vesting schedules in place
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Bitcoin: From "Stupid Consensus" to Global Digital Gold
Bitcoin: From "Stupid Consensus" to Global Digital GoldBitcoin, the "digital gold" born in the age of the internet, has had a dramatic journey from an initially unpromising "stupid consensus" to a globally recognized investment asset. Its decentralized nature, limited supply, and ever-growing value have attracted countless investors and technology enthusiasts