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Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%

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

Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th

The Bitcoin Mystery: Documentary Points to Satoshi Nakamoto's True Identity, Expert Denies, Crypto Ecosystem Could See Major ChangesThe Canadian Broadcasting Corporation (CBC) recently reported that a new HBO documentary, "Cryptocurrency: The Bitcoin Mystery," points to Canadian cryptocurrency expert Peter Todd as the true identity of Bitcoin founder "Satoshi Nakamoto." The film's producer, Hobeck, presented Todd's writings as circumstantial evidence, such as Todd's claim to have destroyed a significant amount of digital currency, which "Satoshi Nakamoto" also did in the early days of Bitcoin

The Bitcoin Mystery: HBO Documentary Points to Canadian Crypto Expert as "Satoshi Nakamoto"?HBO's latest documentary, "The Untold Story of Bitcoin," produced by Kevin Hobbs, suggests that the true identity of Bitcoin's creator, "Satoshi Nakamoto," is Canadian cryptocurrency expert Peter Todd. Todd, in an interview with the BBC, vehemently denied the accusation: "I'm not Satoshi Nakamoto

Fed Minutes Spark Market Volatility, Bitcoin and Gold Dip While Stocks RiseOn Wednesday, October 10th, the stock market exhibited strong performance, while Bitcoin (BTC) and gold, assets commonly considered "safe havens," experienced declines. This phenomenon was attributed to the release of the Federal Reserve's September meeting minutes, which revealed internal discrepancies in the central bank's stance on the magnitude of upcoming interest rate cuts

Bitcoin and Ethereum Futures Prices Fall in Late New York Trading on ThursdayBitcoin futures (BTC) on CME closed at $59,805.00 on Thursday, down 2

Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto MarketBitcoin suffered a significant setback on Thursday, plummeting over 4% to break below the $59,000 mark. This drop marked a new low since the Federal Reserve's unexpected 50 basis point rate cut in mid-September

Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk CombineBitcoin (BTC) failed to break through the $61,000 mark in early trading on Thursday, weighed down by a double whammy of rising inflation and the looming sale of thousands of Silk Road bitcoins, which has put heavy pressure on the cryptocurrency market.The September Consumer Price Index (CPI) report revealed inflation running hotter than economists expected, climbing 0

The Enigma of Satoshi Nakamoto, the Bitcoin Creator: HBO Documentary Points to Canadian Developer, Who Denies InvolvementOn October 9th, 2023, HBO released its newest documentary, The Untold History of Bitcoin, in which director Cullen Hoback points to Canadian software developer Peter Todd as the creator of Bitcoin, Satoshi Nakamoto, sparking fervent discussions throughout the crypto community. However, Todd vehemently denied the accusation in an interview with the Daily Economic News, arguing that Hobacks claim simply seeks to attract attention

Bitcoin vs Ethereum: The Difference Between a Digital Currency and a Smart Contract PlatformBitcoin and Ethereum are two of the most prominent cryptocurrencies in the blockchain technology space. Although they are both classified as cryptocurrencies, their design goals and application scenarios differ significantly

Bitcoin Could Break Through $67,000: Liquidity Levels and Whale Transfers Are Key DriversThe cryptocurrency market is fixated on key levels for Bitcoin [BTC], particularly during periods of volatility. Now, the market anticipates a potential surge in Bitcoin, potentially driven by an increased liquidation level, forcing traders to take decisive action