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Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversion
Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversionBitcoin (BTC) and gold prices saw an upward trend in early trading on Wednesday, fueled by recent stock market volatility, uncertainty over the rate cut outlook, and ongoing geopolitical tensions. Traders opted for safe-haven strategies to safeguard their assets, leading to increased demand for haven assets
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Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment Strategy
Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment StrategySince entering October, the global economic landscape continues to be complex and volatile. However, the Federal Reserve maintained interest rates unchanged, hinting at potentially easing monetary policy in the future
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The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin Cycle
The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin CycleOn my way back from a business trip yesterday, I had a conversation with a colleague about cryptocurrencies. He told me he was dollar-cost averaging, but not in Bitcoin, instead, he was investing in other "altcoins" that seemed promising
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Will Bitcoin Break $70,000 in October? The "Jumping Dragon Strategy" Tells You the Answer!
Will Bitcoin Break $70,000 in October? The "Jumping Dragon Strategy" Tells You the Answer!Recently, the price of Bitcoin has been steadily rising, sparking much discussion in the market. Many believe this is merely a rebound within the bear market and will ultimately decline
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Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish Sentiment
Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0
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Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull Run
Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull RunDespite a nearly 25% surge in Bitcoin's price in September, rising from $53,000 to $66,000, the Bitcoin futures basis and funding rate have remained relatively stable, exhibiting no significant fluctuations. This contrasts with previous price rallies, which typically saw a considerable increase in funding rates and basis
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Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of Hope
Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2
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Fed Pause Rate Cuts More Likely? September CPI Data Beats Expectations, Bitcoin Price Dips
Fed Pause Rate Cuts More Likely? September CPI Data Beats Expectations, Bitcoin Price DipsData released Thursday by the U.S
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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
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The United States Pushes for a Bitcoin Strategic Reserve Act: Establishing a National Bitcoin Reserve to Enhance Financial Security and Leadership
The United States Pushes for a Bitcoin Strategic Reserve Act: Establishing a National Bitcoin Reserve to Enhance Financial Security and LeadershipAs global nations increasingly recognize the importance of digital assets, the United States is actively exploring ways to maintain its leadership position in this field. In this context, Senator Cynthia Lummis introduced the "BITCOIN Act of 2024" on July 31st
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Deciphering Cryptocurrency and the Real Estate Market: Navigating Investment Strategies
Deciphering Cryptocurrency and the Real Estate Market: Navigating Investment StrategiesIn the current complex and volatile economic landscape, cryptocurrency and the real estate market have become focal points of attention. While seemingly disparate, both markets reflect the public's anticipation for future economic development and societal changes