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Bitcoin Flash Crash to $92,600: Double Whammy of Liquidations and Long-Term Holder Profit-TakingBitcoin experienced a dramatic flash crash today, plummeting to a low of $92,600. While the price has recovered somewhat at the time of writing, the volatility sent shockwaves through the market

Bitcoin in the Trump Era: A Cryptocurrency Cure for America's $36 Trillion Debt Crisis?Over the past few years, high-profile figures and investors in the cryptocurrency industry have spent hundreds of millions of dollars promoting pro-cryptocurrency candidates into the US Congress. This has resulted in the current US government being one of the most pro-Bitcoin administrations in history

Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummetingBitcoin's price recently fell below $96,000 per coin, dropping nearly 2%, triggering a collective downturn in cryptocurrency mining stocks. Among the hardest hit, Hut8 saw its share price fall over 9%, MicroStrategy over 6%, BitDigital over 5%, Riot Platforms over 4%, and Coinbase over 3%

Market Volatility Amidst Escalating Russia-Ukraine Conflict Sends Bitcoin to All-Time High: Dollar, Bonds, and Gold Serve as Safe HavensOn Tuesday, a dangerous escalation of the Russia-Ukraine conflict sent shockwaves through financial markets. The heightened prospect of nuclear war unnerved investors, prompting many to seek refuge in safe-haven assets like the US dollar, bonds, and gold

The Skyrocketing Bitcoin: A "Sun Tzu Strategy" in America's Digital Financial WarBitcoin's staggering price of $89,000 has left countless investors speechless and sparked widespread debate about its underlying reality. Many exclaim, "This is absurd!" However, Bitcoin's surge isn't accidental; it's a meticulously planned "sun tzu strategy," a digital financial war spearheaded by the United States

Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation FearsFederal Reserve Chairman Jerome Powell's remarks last night cast a shadow over financial markets, triggering volatility and causing a short-term surge in the US dollar index. Spot gold prices extended their decline, US equities accelerated their downward trajectory in late trading, and Bitcoin experienced a sudden sharp drop, resulting in widespread losses across asset classes

Ethereum is like Amazon in the 90s: Huge potential, but use cases haven't fully emerged yetAn executive at 21Shares says Ethereum may follow a similar trajectory as Amazon, breaking existing boundaries and surprising us with revolutionary use cases we cant even imagine today. Just like few could have predicted that an online bookstore would grow into a global e-commerce and cloud computing giant, Ethereums potential is not yet fully grasped by Wall Street investors

DOGE20: An Eco-Friendly Upgrade to the Dogecoin Family, Sparking a New Meme Coin Craze?DOGE20, the newest member of the Dogecoin family, has made waves since its launch on Uniswap on April 18th. Within just two weeks, its presale subscription reached over $10 million, capturing the attention of numerous traders

Main Business Lags, Bitcoin "Side Hustle" Soars: MicroStrategy's Crazy GambleDespite its core business performing flat, MicroStrategy, as the largest "Bitcoin proxy" on the US stock market, has seen its stock price deeply tied to Bitcoin, even exceeding the gains of tech giant Nvidia over the past two years. This unusual phenomenon of a "struggling main business, booming side hustle" has drawn widespread attention

Cryptocurrency Leverage Trading: A Risk Amplifier or a Shortcut to the Abyss?In the tempting world of cryptocurrency, leverage trading is a double-edged sword, attracting countless fortune dreamers but also hiding unpredictable risks. For most people, leverage trading is not a shortcut to financial freedom, but a trap leading to the abyss

Bitcoin Breaks Through $73,000 Mark Amidst Rising Market Sentiment Ahead of US ElectionBitcoin surged to a new high on Tuesday, breaking through the $73,000 mark, as it exhibited a strong upward trend fueled by growing market optimism in the run-up to the US election. According to CoinMetrics, Bitcoin's price increased by 3

Ethereum Software Provider Consensys Lays Off 20% of Staff Amid Macroeconomic and Regulatory UncertaintyConsensys Inc., a software provider for the Ethereum network, has announced layoffs affecting 162 employees, or 20% of its workforce