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The Bitcoin President: Trump and the Political Game of CryptocurrenciesThe 2024 US presidential election has seen an unexpected player take center stage cryptocurrencies. Republican presidential candidate Donald Trump has released a video on social media, declaring his intention to make America the "crypto capital of the world" and branding himself as the "Bitcoin President

Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1

BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band ResistanceYesterday, BTC hit a low of 57093 and a high of 59412, with a fluctuation range of 2319 and a volatility of 4.0%

Bitcoin's September Fate Uncertain: Bear Market Curse or Bullish Surge?September has historically been a concerning month for Bitcoin investors, as data shows the cryptocurrency often underperforms during this period. However, this year is different, with the market divided on Bitcoin's future prospects, balancing the fear of a potential bear market curse against the allure of a bullish surge

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: Bottom Accumulation, Awaiting a Rebound, Still Bullish in the Mid-to-Long Term!After the positive news released at 8:30 PM last night, Bitcoin's price directly broke through the small parallel channel and then repeatedly pierced through, resulting in many high-leverage long and short positions being stopped out. Retail investors thought that the fluctuations were over, but that wasn't the case

Bitcoin and Ethereum ETF Sell-offs: Fidelity Exits 525 BTC, Grayscale ETHE Sells 1646 ETHOn August 30th, 10 Bitcoin spot ETFs sold off 1193 BTC, with Fidelity exiting 525 BTC (approximately $30.5 million)

$65,000 Ceiling, Bitcoin Bull Dreams Shattered: $50,000, New Beginning or Abyss?The digital gold's shine seems to have dimmed before the $65,000 ceiling. Bitcoin's recent price weakness has been on the minds of every investor, with bulls' attempts to break through the $65,000 mark failing, leaving the market with an uneasy air

Whale Dumping ETH, Foundation Joins In? $599 Million ETH Flows Into Exchanges!According to ForesightNews, SpotOnChain monitoring reveals that four addresses have cumulatively sold or transferred 197,800 ETH, equivalent to $599 million, into centralized exchanges (CEX) over the past month. Among them, the Ethereum Foundation transferred 35,400 ETH, about $95 million, into CEX, currently holding 275,000 ETH, roughly $677 million

Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 LiquidatedThe cryptocurrency market has experienced another massive shakeup, with Bitcoin continuing its sharp decline. Today, Bitcoin has broken through both the $60,000 and $59,000 levels, currently trading at $58,980, down 6

Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market ConfidenceAccording to Odaily Planet Daily, CryptoQuant analyst Amr Taha noted: "The realized market cap of long-term holders has exceeded $10 billion for the first time." This data signifies that this group has collectively spent $10 billion to acquire BTC, and this metric considers the last sale price of each BTC

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