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Ethereum is like Amazon in the 90s: Huge potential, but use cases haven't fully emerged yetAn executive at 21Shares says Ethereum may follow a similar trajectory as Amazon, breaking existing boundaries and surprising us with revolutionary use cases we cant even imagine today. Just like few could have predicted that an online bookstore would grow into a global e-commerce and cloud computing giant, Ethereums potential is not yet fully grasped by Wall Street investors

Global Capital Flows Heat Up, Bitcoin Nears All-Time High! Hong Kong Emerges as a New Crypto HubAccording to Australian Financial Review, global capital flows are showing signs of a resurgence, with Bitcoin prices nearing all-time highs. Hong Kong has become a new hotspot for the crypto market, drawing significant attention from investors and traders alike

Bitcoin Long Liquidation Risk Surges, $62,000 Emerges as Key ResistanceCurrently, long positions held by mainstream crypto exchanges are significantly higher than short positions on Bitcoin. This means that Bitcoin faces substantial liquidation pressure if the price were to decline

Bitcoin Consolidates, Ethereum Breaks Out, $139 Million Liquidated in Crypto Market: Altcoin Opportunities Emerge?Bitcoin traded sideways near $63,000 yesterday (20th) until it briefly broke through $64,000 after the Bank of Japan announced to maintain interest rates unchanged around 11 am. However, selling pressure quickly emerged, pushing the price back down to around $63,000, retesting the $62,964 support level

Bitcoin Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?While Bitcoin prices continue to fluctuate within a narrow range, on-chain analysis reveals that trading activity on the Bitcoin network has reached a three-year low, suggesting waning interest in the network. However, some analysts believe this could mean a significant breakout is imminent

Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next WeekAugust has been a rough month for the world's largest cryptocurrency, with Bitcoin poised to end the month with a double-digit percentage decline. As of August 30th (CoinDesk), Bitcoin prices continued to trade sideways or move lower, down 12% for the month

The Rise of Crypto Wealth: Surge in Crypto Millionaires in 2024, Investment Migration Programs Emerge as Key DrawThe cryptocurrency market has been struggling to regain its bullish momentum in the past six months, but the persistent question of "when higher" overshadows the remarkable growth already recorded in 2024, as evidenced by Henley&Partners' "2024 Crypto Wealth Report." The report, which includes "exclusive statistics on cryptocurrency and Bitcoin (BTC) millionaires, centi-millionaires, and new world wealth billionaires," found that between July 1, 2023, and June 30, 2024, the number of cryptocurrency millionaires increased by 95%, while the number of Bitcoin millionaires surged by 111% to reach 85,400

Bitcoin "Cup and Handle" Pattern Emerges: A Bullish Trend on the Horizon?From a technical analysis perspective, Bitcoin's weekly chart is exhibiting a pattern known as the "Cup and Handle," which typically signals an upward price trend after the pattern's full formation. However, it's important to note that before a breakout and new all-time high, a minor pullback often occurs, gathering momentum for the subsequent rally

Vitalik Buterin Publicly "Endorses" Ethereum: Bullish Signal Emerges?Yesterday, an image of Vitalik Buterin publicly "endorsing" Ethereum went viral in the crypto community, sparking widespread discussion. Seasoned investors understand the significance of this image, as it suggests that the time for Ethereum's price to rise may be approaching

As the first quarter of 2024 draws to a close, Bitcoin has witnessed an impressive 65% rally. However, market analysts are starting to notice signs of potential fatigue

Count the 5 key points after the merger of Ethereum for one year.Ethereum has been transitioning from Pow to PoS for over a year now, and this transformation, known as' consolidation ', introduces the concept of' pledge ', which is a new method of adding and approving trading blocks to the blockchain

The NVT signal of Bitcoin is rising in a bear market, and BTC's trading price easily exceeds the $27000 mark.The balance of BTC miners has gained upward momentum