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As is well known, blockchain has the concept of an impossible triangle, and it cannot simultaneously balance scalability, security, and decentralization. For any blockchain, it is possible to satisfy at most two dimensions simultaneously

Over the past year, Bitcoin has been the top news in the financial and technology industries. From its short-term surge in price to the influx of large institutions and investors, Bitcoin has transformed from a peripheral technology into an important part of the global economy

The expectations and speculations surrounding the approval of Bitcoin Exchange Traded Funds (ETFs) spot have reignited enthusiasm within the cryptocurrency community. With the development of regulatory environment, people are closely observing the upcoming decision of the US Securities and Exchange Commission (SEC) to determine whether it will trigger a significant increase in Bitcoin (BTC) prices

It is revealed that the annual transaction volume of Bitcoin exceeds that of Visa, one of the world's largest payment networks.Bitcoin recorded parabolic changes in on chain transactions in 2023

Ethereum Price PerformanceDue to parameter mismatch, Ethereum's highly anticipated Holesky test network will not be able to start as planned. Nevertheless, it will still become the largest testing network on the blockchain network

In recent days, Bitcoin has shown signs of potential reversal, showing a daily rise for three consecutive days.The last time this pattern was observed was between early July and mid to late June, when Bitcoin rose from slightly below $25000 to over $31000

For most of this year, institutional cryptocurrency investors have been exiting the market, especially as a bear market has already formed. However, Ethereum suffered much greater losses in this regard than other assets, and the outflow of funds dragged down the decrease in total assets under management (AuM)

On September 2nd, the price of Ethereum (ETH) fell to $1620. Both on chain and derivative trading data indicate that Ethereum may experience more bearish resistance in the coming days

The internet, future, and user data all indicate that Ethereum may open up new avenues.The price of Ethereum has been facing some strong resistance, and on September 11th, the price of counterfeit coins underwent a severe test, falling to the support level of $1530

In the cryptocurrency market FUD, smaller participants have been selling their Ethereum, while larger participants are accumulating at the same time.The trading price of Ethereum (ETH), the world's second largest cryptocurrency, has been around $1650, but there have been some interesting developments in online activities

Bitcoin and Ethereum prices experienced an expected rebound in the last week of the Bitcoin ETF deadline. As the bull market surged on Tuesday, the US appeals court upheld Grayscale's opposition to the SEC and approved the transformation of GBTC into a Bitcoin ETF

In the field of memes, Dog Coin (DOGE), which has been recognized by Elon Musk himself, is working hard to cope with short-term bearish pressure, reflecting broader sentiment in the cryptocurrency market. When the morning market opened in New York on Tuesday, the trading price of Dog Coin was approximately $0