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Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish Sentiment
Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0
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Dogecoin: Can Musk's "Pet" Become a Mainstream Payment Method?
Dogecoin: Can Musk's "Pet" Become a Mainstream Payment Method?The cryptocurrency market has always been volatile, and recently, Dogecoin's "comeback" has become a market focal point. This once small-time player, with the "blessing" of Musk, has surged forward, even surpassing mainstream cryptocurrencies like Bitcoin and Ethereum
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Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?
Capital Flight Triggered by China's Economic Stimulus: Will Bitcoin Be Abandoned?China's recent economic stimulus package, designed to revitalize its sluggish economy, has unexpectedly triggered a capital shift from the cryptocurrency market, particularly Bitcoin, to the Chinese stock market. The Shanghai Composite Index and the Hang Seng China Enterprises Index have surged on the back of the stimulus, while Bitcoin prices have seen a notable decline
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Bitcoin ETFs Accumulate 900,000 BTC, Nearing Satoshi Nakamoto's Holdings!
Bitcoin ETFs Accumulate 900,000 BTC, Nearing Satoshi Nakamoto's Holdings!Spot Bitcoin (BTC) exchange-traded funds (ETFs) have amassed over 900,000 BTC since their launch, and are on track to surpass the 1.1 million BTC held in the wallets of Bitcoin's anonymous creator, Satoshi Nakamoto
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China's Central Bank Stimulus Plan Boosts Financial Markets, Bitcoin Breaks $64,000, Poised for Strongest September on Record
China's Central Bank Stimulus Plan Boosts Financial Markets, Bitcoin Breaks $64,000, Poised for Strongest September on RecordFinancial markets have regained optimism following the release of China's comprehensive stimulus plan. Data from Bitpush shows Bitcoin fluctuating near $63,200, subsequently breaking through the $64,000 resistance level
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AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple Catalysts
AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple CatalystsArtificial intelligence-related cryptocurrencies spearheaded a rally in the crypto market on Monday, with altcoins outperforming Bitcoin (BTC). The native tokens of first-layer blockchain Near (NEAR) and decentralized computing platform Render (RNDR) jumped 18%-20% in the past 24 hours, topping the gains in the CoinDesk 20 index, which rose 1
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Musk's "Mars City" Concept Ignites Meme Coin Frenzy: TERMINUS Surges Over 10,000%
Musk's "Mars City" Concept Ignites Meme Coin Frenzy: TERMINUS Surges Over 10,000%On September 24th, the cryptocurrency market experienced a dramatic shift as the meme coin TERMINUS surged past $0.45, marking a new all-time high and a staggering 239% increase in 24 hours
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Musk's X Platform May Adopt DOGE Payments: Can Dogecoin Reach $1 Again?
Musk's X Platform May Adopt DOGE Payments: Can Dogecoin Reach $1 Again? Dogecoin (DOGE) has been consolidating above the $0.091 support level recently
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Musk's Tweet Shakes Crypto Market: Wild Volatility Rocks the Industry
Musk's Tweet Shakes Crypto Market: Wild Volatility Rocks the IndustryOn Friday, September 13th, the cryptocurrency market experienced a wild ride, with Bitcoin hovering around the $58,000 mark and Dogecoin retreating slightly after touching $0.1032
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Elon Musk's "DOGE" Response to Trump Cabinet Nomination Sends Dogecoin Price Soaring Nearly 6%
Elon Musk's "DOGE" Response to Trump Cabinet Nomination Sends Dogecoin Price Soaring Nearly 6%
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Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?
Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?Following the positive news last night, Bitcoin's price directly broke through the small parallel channel, subsequently embarking on a series of hammering actions, leading to significant losses for high-leverage long and short positions. Many retail investors believed this was merely a temporary fluctuation, unaware of the complexity that lay ahead
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Bitcoin: Bottom Accumulation, Awaiting a Rebound, Still Bullish in the Mid-to-Long Term!
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