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Bitcoin Price Pulls Back, Bears Regain Control, $60,000 Support at Risk
Bitcoin Price Pulls Back, Bears Regain Control, $60,000 Support at RiskDespite showing signs of a rebound after briefly breaking above $66,000, Bitcoin's price has fallen again under continued pressure from bears. Failure to break above the MA-200 further adds to the bearish sentiment, suggesting the recent rally may be short-lived and could face significant downside risk in the future
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Bitcoin vs Ethereum: The Difference Between a Digital Currency and a Smart Contract Platform
Bitcoin vs Ethereum: The Difference Between a Digital Currency and a Smart Contract PlatformBitcoin and Ethereum are two of the most prominent cryptocurrencies in the blockchain technology space. Although they are both classified as cryptocurrencies, their design goals and application scenarios differ significantly
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Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on rallies
Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on ralliesBitcoin continued its corrective rally yesterday, but the overall trend remains weak. Intraday prices repeatedly attempted to break through the 62,500 resistance but failed, and in the evening, prices experienced a strong pullback, erasing earlier gains gradually
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The Trump Family's Cryptocurrency Venture: WorldLibertyFinancial Launches on Aave, Can It Break Through?
The Trump Family's Cryptocurrency Venture: WorldLibertyFinancial Launches on Aave, Can It Break Through?WorldLibertyFinancial (WLF), a crypto project backed by the Trump family, announced on Wednesday that it will launch on AaveV3 on the Ethereum mainnet, allowing users to borrow and lend assets such as ETH, WBTC, USDC, and USDT. The project aims to build a secure borrowing and lending platform, with plans to allocate 20% of its protocol interest to the Aave ecosystem reserve and expand to the Scroll Ethereum Layer 2 network in the future
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Exploring the Rise of BTC-LST: Decoding the Bitcoin Liquidity Restaking Landscape in Ethereum DeFi
Exploring the Rise of BTC-LST: Decoding the Bitcoin Liquidity Restaking Landscape in Ethereum DeFiWith the advent of Babylon, Bitcoin (BTC) has gained an additional revenue stream, offering a time-stamping security service. This restaking service not only protects protocols built on top of Babylon by increasing attack costs, but also enables BTC staking through a time-lock mechanism
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Can Bitcoin Break $80,000 in 2024? Three Factors Could Fuel a Bull Run
Can Bitcoin Break $80,000 in 2024? Three Factors Could Fuel a Bull RunPredicting Bitcoin's price is a popular topic, and I predicted late last year that Bitcoin would break $80,000 in 2024. While I believe this prediction remains feasible, achieving this target requires certain conditions to be met
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$500 Million Vanishes Into Thin Air: A Trust Crisis for Bitcoin?
$500 Million Vanishes Into Thin Air: A Trust Crisis for Bitcoin?Half a billion dollars (approximately 3.06 billion yuan) has disappeared without a trace
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The Satoshi Nakamoto Mystery: Did HBO's Documentary Reveal the Truth, or Just Deepen the Enigma?
The Satoshi Nakamoto Mystery: Did HBO's Documentary Reveal the Truth, or Just Deepen the Enigma?Following Satoshi's trail, this HBO documentary, directed by Hoback, claims to have identified early Bitcoin developer Peter Todd as the elusive figure based on extensive interviews and investigation. This revelation shocked the crypto community and raised skepticism about its legitimacy
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Trump's Words Spark Another Financial Storm: Gold and Bitcoin Plunge, What Lies Ahead for the Market?
Trump's Words Spark Another Financial Storm: Gold and Bitcoin Plunge, What Lies Ahead for the Market?As global markets seemed to be stabilizing, Trump's "golden words" once again ignited the financial world. His comments not only caused a sharp drop in gold prices but also pushed Bitcoin to the brink of breaking the $63,000 mark, sending the market into a state of panic
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Ghosts in the Virtual World: A Quest for Truth About Bitcoin
Ghosts in the Virtual World: A Quest for Truth About BitcoinIn the bustling city of Beijing, with its towering skyscrapers and glittering neon lights, Li Yang, a programmer, was immersed in a world of code and data. However, a chance encounter thrust him into a thrilling quest for truth
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Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network Development
Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network DevelopmentA new Ethereum Improvement Proposal (EIP-7781) aims to boost network throughput by 50%, making it more competitive with speed-focused blockchains like Solana. Proposed by Ben Adams, co-founder of IllyriadGames, the EIP has gained support from key stakeholders like Ethereum co-founder Vitalik Buterin
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Bitcoin Rallies to $64,000 as Investors Await Fed Rate Decision
Bitcoin Rallies to $64,000 as Investors Await Fed Rate DecisionBitcoin (BTC) and the broader cryptocurrency market showed a bullish trend in early trading on Monday, while stocks and gold traded in the red, as traders reassessed their expectations for a November rate cut. The move reflects the market's sensitivity to the Federal Reserve's policy stance and the future direction of the economy