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Arthur Hayes' Bold Prediction: Trump's Economic Policies Could Plunge the Dollar, Sending Bitcoin to $250,000In a recent interview on the AlphaFirst podcast, Arthur Hayes, co-founder of the cryptocurrency exchange BitMEX, shared a bold prediction for the future of the cryptocurrency market. He believes that a Trump administration, with its loose monetary policies, would lead to a devaluation of the US dollar, thereby driving up the price of Bitcoin and other crypto assets to as high as $250,000 by the end of 2025

Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummetingBitcoin's price recently fell below $96,000 per coin, dropping nearly 2%, triggering a collective downturn in cryptocurrency mining stocks. Among the hardest hit, Hut8 saw its share price fall over 9%, MicroStrategy over 6%, BitDigital over 5%, Riot Platforms over 4%, and Coinbase over 3%

Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price PredictionSince November 6th, 2020, when Donald Trump was declared the winner of the US presidential election, Bitcoin (BTC) price experienced a sharp surge, breaking above its previous high of $73,700 and initiating a strong upward trend on the daily chart. From $70,000 on November 6th, it skyrocketed to $99,588 on November 22nd, nearing the $100,000 mark a nearly 40% increase

Bitcoin Hits New High, Nearing $100,000: A Confluence of Risk and OpportunityIn the early hours of November 23rd (Beijing time), Bitcoin surged to $99,660, setting a new all-time high and nearing the $100,000 mark. This breakthrough followed strong gains in the preceding days, consecutively breaking through $95,000, $96,000, $97,000, and $98,000

Ethereum Price Outlook After Monthly Breakout: $3800 by End of 2023, $4800 in 2025?After reaching an all-time high of $4093 in early April 2023, Ethereum (ETH) experienced a significant correction, bottoming out near $2100 a near 50% decline. This contrasted sharply with Bitcoin (BTC), which corrected from $73,700 to around $49,000, a roughly 30% drop

Ethereum DApp Transaction Volume Jumps 38% MoM: Will ETH Price Follow Suit?While the number of Ethereum decentralized applications (DApps) explodes, other cryptocurrencies besides ETH seem to be outperforming, raising questions about the future trajectory of Ethereum's price. Between September 13th and 19th, Ether (ETH) struggled to stay above $3200

Trump's Election Victory Sends Bitcoin Soaring Past $80,000, with Predictions Reaching $200,000On the evening of November 10th (Beijing time), following the announcement of Trump's election victory, Bitcoin experienced a sharp surge, breaking through the $80,000 mark and reaching a new all-time high. Many analysts interpreted this event as part of a "Trump trade," closely linked to Trump's previously expressed positive attitude towards cryptocurrencies

Market Volatility Amidst Escalating Russia-Ukraine Conflict Sends Bitcoin to All-Time High: Dollar, Bonds, and Gold Serve as Safe HavensOn Tuesday, a dangerous escalation of the Russia-Ukraine conflict sent shockwaves through financial markets. The heightened prospect of nuclear war unnerved investors, prompting many to seek refuge in safe-haven assets like the US dollar, bonds, and gold

Ethereum: From Origins to Future, Exploring its Technology, Applications, and Market ProspectsEthereum, conceived by programmer Vitalik Buterin in 2013 and officially launched in 2015, is not merely a cryptocurrency; it's an innovative project aiming to build a decentralized global computing platform. Unlike Bitcoin's positioning as "digital gold," Ethereum's ambition lies in using blockchain technology to achieve the automated execution of protocols without intermediaries, primarily thanks to its introduction of smart contracts

Ethereum Foundation 2024 Financial Report: Core Values, Detailed Expenditures, and Ecosystem OverviewThe Ethereum Foundation (EF) recently released a comprehensive financial report detailing its core values, expenditure breakdown from 2022 to 2023, treasury status as of October 31, 2024, and an overall assessment of the Ethereum ecosystem. This report aims to address community concerns regarding transparency, clearly illustrating the Foundation's operations and its contributions to the long-term development of the Ethereum ecosystem

Ethereum in 2024: A Virtuous Cycle of Applications, Infrastructure, and CommunityEthereum's progress in 2024 can be summarized by three interwoven themes: a thriving application ecosystem, continuously improving infrastructure, and an increasingly mature global community. These three aspects interact to create a virtuous cycle, driving Ethereum's continued growth and development

Bitcoin's Meteoric Rise: A $8 Billion Surge in Two Days $100,000 Target Achievable?Bitcoin's price surged to a new all-time high, fueled by the dual tailwinds of Trump's election victory and expectations of a more accommodative Federal Reserve policy. A staggering $8 billion (approximately 580 billion RMB) increase was witnessed within just two days