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TRON Founder Justin Sun Denies ETH Sell-Off Rumors, Reasserts Long-Term Confidence in Ethereum EcosystemOn December 24th (Beijing time), Justin Sun, founder of the TRON blockchain, issued a statement on X (formerly Twitter) refuting circulating rumors that TRON had sold off its Ethereum (ETH) holdings. Sun explicitly denied these claims, explaining that the large ETH transfers observed on the network were internal transfers between different TRON wallets, not a liquidation as speculated

Bitcoin's Retreat After $100,000 High Underscores Cryptocurrency RisksLast week, Bitcoin briefly surged past the $100,000 mark, capturing widespread market attention. However, this breakthrough proved short-lived, with the cryptocurrency subsequently retracing and paring back recent gains

Bitcoin's Flash Crash: $90,000 Level Under Pressure, Liquidation Wave Sweeps Crypto MarketOn December 6th, Bitcoin experienced a flash crash, briefly dipping below the $90,000 mark, hitting a low of approximately $90,000. As of 7:21 AM, it was trading at $97,023

Bitcoin Market Cap: Understanding Its Significance, Dynamics, and Investment PotentialBitcoin's market capitalization is a crucial indicator of the overall value of this leading cryptocurrency, playing a vital role in cryptocurrency market analysis and investor decision-making. This article delves into the calculation of Bitcoin's market cap, its importance, and how it influences cryptocurrency investment returns

US Stock Market Hits Record Highs Amidst Undercurrents of Uncertainty: Tariff Threats, Crypto Crash, and Fed Meeting MinutesOn November 26th, the US stock market presented a mixed picture. While the Dow Jones Industrial Average rose 0

Gold and Bitcoin: Price Volatility and Market Sentiment Under the Trump EffectRecently, the price movements of gold and Bitcoin have captivated global markets. After a significant ~10% correction following Trump's election, gold prices have rebounded for five consecutive days the first such streak since March successfully breaking above the 50-day moving average ($2664)

Understanding Ethereum: From a Payment System to a Global SupercomputerEthereum, a blockchain project born in 2013, not only created the world's second-largest cryptocurrency, Ether (ETH), but also expanded the scope of blockchain technology beyond payments to a wider range of applications. This article will take you on a journey through Ethereum's past, present, and future, exploring how it transformed from a simple payment system to a global supercomputer and revealing its profound implications for the crypto economy

Bitcoin's "Deceased" Founder: A Potential Driver of Cryptocurrency PricesFor a long time, the United States' expanding trade deficit, its $35 trillion debt pile, and the continued decline in the purchasing power of the dollar have been considered key drivers of Bitcoin's price surge. Even the possibility of Republican candidate Trump winning the election in November has been cited as a bullish catalyst for the cryptocurrency recently

Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction SpeedsIn a recent blog post, Ethereum co-founder Vitalik Buterin explored several potential improvements to Ethereum's Proof-of-Stake model, aiming to reduce network usage costs and enhance overall speed. He argued that the current 32 ETH staking threshold hinders wider participation and proposed lowering it to 1 ETH

Why are Ethereum ETFs Underperforming? Bitcoin ETF's Frenzy Fails to ReplicateWhile spot Bitcoin ETFs have garnered nearly $19 billion in inflows within 10 months, Ethereum ETFs, which began trading in July, have failed to ignite the same market enthusiasm and are significantly underperforming their Bitcoin counterparts. Spot Ethereum ETFs have seen net outflows of $556 million since their launch, with $8 million in net outflows this week alone

Bitcoin Under the Dollar Hegemony: The 2024 US Election's Crypto BattlefieldSince its inception, Bitcoin, a revolutionary technology, has been inextricably linked to the global financial system and political landscape. The 2024 US presidential election, a global spectacle, will witness the first deep engagement between Bitcoin and the American political arena

Bitcoin Plunges: Is the "Digital Gold" Myth Shattered? Safe Haven Asset Battle Under the Shadow of WarWith the roar of artillery and smoke billowing, the tense situation in the Middle East has captured the world's attention. Amidst this turbulent time, people are seeking safe havens, and gold, the ancient safe haven asset, is once again shining brightly