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Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to Watch
Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%
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Bitcoin Breaks $75K-$80K: Dawn of Opportunity, Hidden Risks
Bitcoin Breaks $75K-$80K: Dawn of Opportunity, Hidden RisksThe Bitcoin [BTC] price chart suggests a potential shift in market structure, potentially breaking out of the $50K$72K price range thats held since March. Analyst StockmoneyLizards predicts this breakout could occur within two weeks, and if the recent dip below $60K is confirmed as a higher low, BTC could rally towards $75K-$80K
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Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull Run
Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull RunDespite a nearly 25% surge in Bitcoin's price in September, rising from $53,000 to $66,000, the Bitcoin futures basis and funding rate have remained relatively stable, exhibiting no significant fluctuations. This contrasts with previous price rallies, which typically saw a considerable increase in funding rates and basis
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Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?
Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th
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CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?
CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?The recent release of CPI data, showing a year-on-year rate of 2.4%, while lower than the previous value of 2
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Fed Minutes Spark Market Volatility, Bitcoin and Gold Dip While Stocks Rise
Fed Minutes Spark Market Volatility, Bitcoin and Gold Dip While Stocks RiseOn Wednesday, October 10th, the stock market exhibited strong performance, while Bitcoin (BTC) and gold, assets commonly considered "safe havens," experienced declines. This phenomenon was attributed to the release of the Federal Reserve's September meeting minutes, which revealed internal discrepancies in the central bank's stance on the magnitude of upcoming interest rate cuts
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Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk Combine
Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk CombineBitcoin (BTC) failed to break through the $61,000 mark in early trading on Thursday, weighed down by a double whammy of rising inflation and the looming sale of thousands of Silk Road bitcoins, which has put heavy pressure on the cryptocurrency market.The September Consumer Price Index (CPI) report revealed inflation running hotter than economists expected, climbing 0
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The Bitcoin Father Worth $480 Billion Appeared? The Person Involved Spoke Up: It's Not Me! Why Is Satoshi Nakamoto Afraid of Being Found?
The Bitcoin Father Worth $480 Billion Appeared? The Person Involved Spoke Up: It's Not Me! Why Is Satoshi Nakamoto Afraid of Being Found?The identity of Bitcoin's creator, "Satoshi Nakamoto," has been a mystery. Recently, HBO's latest documentary, "The Rise and Rise of Bitcoin," pointed the finger at Canadian software developer Peter Todd, sparking heated discussions in the cryptocurrency community
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Bitcoin Price Pulls Back, Bears Regain Control, $60,000 Support at Risk
Bitcoin Price Pulls Back, Bears Regain Control, $60,000 Support at RiskDespite showing signs of a rebound after briefly breaking above $66,000, Bitcoin's price has fallen again under continued pressure from bears. Failure to break above the MA-200 further adds to the bearish sentiment, suggesting the recent rally may be short-lived and could face significant downside risk in the future
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HBO Documentary Claims to Have Solved the Satoshi Nakamoto Mystery, But Is It True?
HBO Documentary Claims to Have Solved the Satoshi Nakamoto Mystery, But Is It True?On the evening of October 8th, HBO premiered their new documentary, Money Electric: The Bitcoin Mystery, claiming to have uncovered the true identity of Bitcoin's creator, Satoshi Nakamoto. Director Cullen Hoback believes Peter Todd is "Satoshi Nakamoto
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Exploring the Rise of BTC-LST: Decoding the Bitcoin Liquidity Restaking Landscape in Ethereum DeFi
Exploring the Rise of BTC-LST: Decoding the Bitcoin Liquidity Restaking Landscape in Ethereum DeFiWith the advent of Babylon, Bitcoin (BTC) has gained an additional revenue stream, offering a time-stamping security service. This restaking service not only protects protocols built on top of Babylon by increasing attack costs, but also enables BTC staking through a time-lock mechanism
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Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?
Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?The cryptocurrency market has seen a rebound since the Federal Reserve (Fed) announced a significant 50-basis-point interest rate cut last month. After a dip triggered by geopolitical instability, Bitcoin surged back above $64,000 on Monday (7), reaching a high of $64,466