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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
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Global Financial News Roundup: December 5th, 2024
Global Financial News Roundup: December 5th, 2024December 5th saw significant developments in global financial markets. From Temu's setbacks in Vietnam to Huawei's impressive Mate70 pre-orders and a heating Guangzhou real estate market, the day's events painted a complex picture of the current global economic landscape
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Bitcoin Breaks $100,000 for the First Time, Ushering in a New Era for Cryptocurrencies
Bitcoin Breaks $100,000 for the First Time, Ushering in a New Era for CryptocurrenciesAround 10:00 AM on December 5th, 2024, Bitcoin's price surpassed the $100,000 mark for the first time. By 12:30 PM, it reached $102,603, representing a 6
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Bitcoin Surges Past $100,000, Setting a New All-Time High: Can the Rally Continue?
Bitcoin Surges Past $100,000, Setting a New All-Time High: Can the Rally Continue?On December 5th, Bitcoin's price continued its upward trajectory, breaking the $100,000 barrier and reaching a new all-time high of $103,287.2 per coin at press time
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Bitcoin Surges Past $100,000: A New Crypto Frenzy Fueled by Trump and Putin's Statements?
Bitcoin Surges Past $100,000: A New Crypto Frenzy Fueled by Trump and Putin's Statements?On December 5th, Bitcoin's price rocketed past the $100,000 mark (approximately 727,000 RMB), marking a 4% intraday surge and a new all-time high. The cumulative increase is a staggering 138%