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Today's Bitcoin market dynamics: Market analysis for August 12th, 2024The Bitcoin market today shows a trend of oscillating downward, but still maintains certain activity. Judging from the recent market conditions, investors are more rational in their attitude towards Bitcoin and adopt a stable operation strategy

Dogecoin Mania: The Myth of a 100x Coin Born from a Joke, Retail Investor Frenzy or Bubble Illusion?Dogecoin (DOGE), which had been dormant for over two years, has recently become the focus of attention in the crypto market. "Dogecoin's price surged over 400% in a year" has become a trending topic, and more than 140,000 people have even called for Amazon to accept Dogecoin as a payment method

US Bitcoin ETFs are advancing rapidly, approaching the Satoshi Nakamoto's bitcoins reserveRecently, the holdings of U.S

Bitcoin Ranks Sixth in Global Currency Assets, Grayscale Launches MKR Trust, Fed May Cut Rates from SeptemberBitcoin currently holds the sixth position in global currency assets, with a total market capitalization of $1.19 trillion

US Inflation Data Hints at Rate Cut, Bitcoin Market Remains CautiousFinancial markets rose broadly in early trading Tuesday, after the release of US July Producer Price Index (PPI) data showed cooling inflation, offering further room for the Federal Reserve to cut interest rates.PPI Data Hints at Potential Rate CutThe US Labor Department reported that the PPI rose 0

Bitcoin and Ethereum Holdings on Centralized Exchanges Plunge to Multi-Year Lows as Investors Embrace Self-CustodyThe cryptocurrency market has experienced significant volatility in recent years, leading to a growing emphasis among investors on asset security and self-control. This trend is reflected in the notable decline in Bitcoin (BTC) and Ethereum (ETH) holdings on centralized exchanges, with these numbers reaching their lowest levels in years

PLUSTOKEN Wallet Mass Consolidation: Another Storm Brewing in Crypto?Yesterday, news circulated online that PLUSTOKEN's Ethereum wallet, dormant for over three years, had suddenly begun to amass a significant amount of tokens, totaling a staggering 800,000. This move ignited widespread concern across the market, with many fearing it might herald another "bombshell" and potentially trigger a new wave of "bloodbath" in the crypto world

Ethereum ETF is about to launch, market enthusiasm is high, Ethereum price surgesThe U.S

"Trump Attack" Incident: Turning Point in the US Election and Global Market VolatilityOn Saturday, Republican presidential candidate Donald Trump was shot at during a campaign rally in Pennsylvania. The incident quickly became a global focal point, sparking widespread discussion and speculation about its potential impact on the US election landscape and global markets

Why Didn't Bitcoin Rally with the US Stocks? Deciphering the Current State and Future Trends of the Crypto MarketThe latest CPI data released last night further solidified the expectation of interest rate cuts, triggering a significant move in the US stock market. The Nasdaq plunged by 2%, while the Russell 2000 surged by 3

Ethereum: More Than Just Cryptocurrency, a Global Distributed ComputerWhile the terms Bitcoin and Ethereum are often mentioned together, they are actually very different. The only thing they have in common is that they are both crypto assets built on blockchain technology

Ethereum Price Rebounds: Spot ETF Approval Expectations Ignite Market EnthusiasmEthereum (ETH) prices surged as much as 8% over the weekend, driven by investor excitement over anticipated spot ETF approval. After dipping to $3,362, the price began climbing over the weekend and was hovering around $3,586 as of Monday European trading hours, representing a 1