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Ethereum plunges over 9%, breaking below $3000 to hit a new yearly low!
Ethereum plunges over 9%, breaking below $3000 to hit a new yearly low!On January 13th, the cryptocurrency market experienced a significant downturn. Ethereum's price plummeted over 9% intraday, breaking below the $3000 mark and reaching its lowest point since November 10th, 2024
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Bitcoin and Ethereum Market Analysis: Bottoming Out, Ready for a New Bull Run?
Bitcoin and Ethereum Market Analysis: Bottoming Out, Ready for a New Bull Run?In early January, this blog predicted that Bitcoin and Ethereum would not reach new highs in January, but instead experience a bottoming-out correction, completing a daily chart-level retracement. Early in the month, we advised monitoring the 60-day moving average for a bounce
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BiDM: Pushing Diffusion Model Quantization to the 1-Bit Limit, Achieving New State-of-the-Art Results
BiDM: Pushing Diffusion Model Quantization to the 1-Bit Limit, Achieving New State-of-the-Art ResultsDiffusion models (DMs) have gained significant attention for their remarkable ability to generate high-quality and diverse data across various domains, including images, speech, and video. These models achieve this by iteratively refining a random noise input through a denoising process that can involve thousands of steps
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Ethereum (ETH) Hits New High on December 30, 2024: Price Surge, Liquidity Staking Protocols Thrive, and a Bright Outlook
Ethereum (ETH) Hits New High on December 30, 2024: Price Surge, Liquidity Staking Protocols Thrive, and a Bright OutlookOn December 30, 2024, Ethereum (ETH) reached a new high of approximately $3,405.51, marking a 0
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Ethereum spot ETF sees 16 consecutive days of net inflows; can ETH hit a new all-time high?
Ethereum spot ETF sees 16 consecutive days of net inflows; can ETH hit a new all-time high?The continued influx of funds into Ethereum (ETH) spot exchange-traded funds (ETFs), with 16 consecutive days of positive daily inflows, has fueled market optimism about ETH reaching a new all-time high (ATH) in the coming weeks. However, to achieve this, ETH must break through the key resistance level of $4,000
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Ethereum Price Dips Amidst ETF Inflows, Lido's New Initiative, and Anticipated Pectra Upgrade: A Market Deep Dive
Ethereum Price Dips Amidst ETF Inflows, Lido's New Initiative, and Anticipated Pectra Upgrade: A Market Deep DiveEthereum (ETH) experienced a price decline on December 18th, trading at $3869, a 4% drop from the previous day. Within a 24-hour period, the price fluctuated between $3836 and $4040, with a market capitalization of $466 billion and a 24-hour trading volume of $35 billion
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Bitcoin Hits New All-Time High, Surpassing $105,000!
Bitcoin Hits New All-Time High, Surpassing $105,000!Bitcoin's price surged during the Asian trading session on December 16th, breaking through its previous high set on December 5th and establishing a new all-time record. At the time of writing, Bitcoin has climbed above $105,000 per coin, representing a 3
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In-depth Analysis of the Chinese Stock Market, New Energy Vehicles, the Gaming Industry, and Investment Strategies
In-depth Analysis of the Chinese Stock Market, New Energy Vehicles, the Gaming Industry, and Investment StrategiesThe Shanghai Composite Index hovered around 3400 points this week, with a fluctuation of only 1%, while the CSI 2000 Index rose nearly 2%, and the micro-cap index steadily increased. "Speculation in small-cap stocks" remains the dominant trend in the current market
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The Renminbi's Counteroffensive: Challenging Dollar Hegemony, Short-Selling Opportunities, and a New Global Economic Order
The Renminbi's Counteroffensive: Challenging Dollar Hegemony, Short-Selling Opportunities, and a New Global Economic OrderA silent battle for the future of the global economy is unfolding on the volatile stage of international finance. The Renminbi (RMB), once a relatively understated currency, is now aggressively challenging the dollar's global hegemony
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Elon Musk and Vivek Ramaswamy Appointed to Lead Trump's Newly Created "Department of Government Efficiency" (DOGE), Sending Dogecoin Price Soaring Nearly 20%
Elon Musk and Vivek Ramaswamy Appointed to Lead Trump's Newly Created "Department of Government Efficiency" (DOGE), Sending Dogecoin Price Soaring Nearly 20%President-elect Trump's shocking announcement naming Elon Musk and Vivek Ramaswamy to jointly lead the newly established "Department of Government Efficiency" (DOGE) sent shockwaves through the global cryptocurrency market. Dogecoin (DOGE), coincidentally sharing its ticker symbol with the department's name, surged nearly 20% in immediate response, extending its strong upward trend since the US election
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Puppies: An Ethereum-Based ERC-20 Token Ushering in a New Future for DeFi and NFT Ecosystems
Puppies: An Ethereum-Based ERC-20 Token Ushering in a New Future for DeFi and NFT EcosystemsWith the explosive growth of blockchain technology and the cryptocurrency market, a multitude of new projects have emerged, creating an increasingly competitive landscape. Puppies, an Ethereum-based ERC-20 token, is rapidly gaining traction among investors thanks to its innovative ecosystem and robust technological foundation
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US Stocks Mixed as S&P 500 and Nasdaq Hit New Closing Highs, Fed Rate Cut Expectations and Economic Data Spark Market Divergence
US Stocks Mixed as S&P 500 and Nasdaq Hit New Closing Highs, Fed Rate Cut Expectations and Economic Data Spark Market DivergenceUS stocks closed mixed on December 6th. Wind data showed the Dow Jones Industrial Average fell 0