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Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?
Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0
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Binance CEO CZ Talks Decentralized Exchanges, Launchpad, BNB Price and More in AMA
Binance CEO CZ Talks Decentralized Exchanges, Launchpad, BNB Price and More in AMAIn the second "Ask Me Anything" live session, Binance CEO Changpeng Zhao, known as CZ, answered questions about decentralized exchanges, the Binance ecosystem, and other topics. He also shared Binance's vision for the future
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Is an altcoin season approaching as Bitcoin dominance declines?
Is an altcoin season approaching as Bitcoin dominance declines?Bitcoin dominance has declined from its yearly peak reached a few days ago, as Bitcoin's price fell below $60,000, leading to market speculation about a potential altcoin season. Despite Bitcoin's recent milestone, its dominance continues to fall, while the total market capitalization of the top 125 altcoins continues to rise
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Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly
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DOGE Bullish in the Short Term: Breaking Resistance Levels, Strong Bullish Momentum, Short-Term Entry Point Appears
DOGE Bullish in the Short Term: Breaking Resistance Levels, Strong Bullish Momentum, Short-Term Entry Point AppearsBitcoin rebounded to $63,000 yesterday, with the overall market performing relatively stable. ETF inflows supported the market's rise, but both bulls and bears were cautious, expecting the market to continue consolidating and awaiting the release of tomorrow's CPI data
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Ethereum (ETH) Future Outlook: The Bearish and Bullish Battle
Ethereum (ETH) Future Outlook: The Bearish and Bullish BattleRecently, market researcher and analyst DeFiIgnas published an in-depth analysis report on the current state of Ethereum (ETH), exploring the bearish and bullish arguments surrounding the cryptocurrency and offering valuable insights into its future trajectory.Over the past two years, Ethereum has struggled to keep pace with the growth of other cryptocurrencies
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The crypto market is experiencing a cold snap, with Bitcoin leading the decline, causing over 60,000 liquidations and losses exceeding $156 million
The crypto market is experiencing a cold snap, with Bitcoin leading the decline, causing over 60,000 liquidations and losses exceeding $156 millionThe crypto market has once again failed to escape a downturn. On Monday, the entire market experienced a significant decline, with Bitcoin (BTC), the leading cryptocurrency, dropping nearly 4% in the past 24 hours
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August 16, Thursday | New York Close: Bitcoin and Ethereum Futures Experience Volatility
August 16, Thursday | New York Close: Bitcoin and Ethereum Futures Experience VolatilityOn August 15th, at the close of trading in New York, CME Bitcoin futures (BTC) contract closed at $56,775.00, down 3
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High-Volatility ETF: Betting on MicroStrategy, Defiance's New MSTX Fund Pushes Market Limits
High-Volatility ETF: Betting on MicroStrategy, Defiance's New MSTX Fund Pushes Market LimitsIn the U.S
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Lido Ethereum Staking Sees 12 Consecutive Days of Outflows: Market Signal or Short-Term Fluctuation?
Lido Ethereum Staking Sees 12 Consecutive Days of Outflows: Market Signal or Short-Term Fluctuation?Since August, Lido Ethereum staking has experienced 12 consecutive days of net outflows, attracting widespread market attention. This phenomenon not only reflects subtle shifts in investor behavior and market sentiment but also presents new challenges and opportunities for Lido itself and the entire Ethereum ecosystem
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Analysis of the reasons for price decline
Analysis of the reasons for price declineThe reason for the recent fall in the price of Bitcoin is mainly due to the release of Consumer Price Index (CPI) data. The data showed that the year-on-year increase was lower than expected, which triggered a brief rebound in the market, but the Bitcoin market has not fully recovered its former strength
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Bitcoin unlikely to see large-scale rally in the short term: Analysts expect a dip test, with prices potentially reaching the $53,000-$54,000 range
Bitcoin unlikely to see large-scale rally in the short term: Analysts expect a dip test, with prices potentially reaching the $53,000-$54,000 rangeDespite the July Consumer Price Index (CPI) rising 2.9% year-on-year and inflation easing for the fourth consecutive month, the market widely expects the Federal Reserve to begin cutting interest rates next month, which briefly pushed Bitcoin to $61,500