Category

Is Ethereum underperforming? VanEck executive defends its strong economic modelAmidst growing criticism of the Ethereum blockchain and its underwhelming performance this year, Matthew Sigel, Head of Digital Assets at VanEck, has come out in defense of the network, citing its robust economic model. Even after the launch of a spot Ethereum ETF in July 2024, ETH price has been criticized for failing to attract enough interest

Bitcoin Plunges Over 7%, Breaking Below $52,900: Weak US Job Data, Institutional Outflows, and Miner Selling Pressure IntensifyBitcoin (BTC) price experienced a significant drop on September 7, plummeting over 7% and breaking below $52,900 for the first time since late July. This sharp decline has sparked widespread concern among investors and cryptocurrency enthusiasts, with many speculating about Bitcoin's next move

Bitcoin Plunges Below $54,000 as Fed Rate Cut Expectations and Outflows WeighBitcoin prices have plummeted again, falling more than 4% and breaking below $54,000. The second-largest cryptocurrency, Ethereum, has seen an even steeper decline, falling over 6%

Cryptocurrency Panic: The Warning Signs Behind the Plunge and Market OutlookVirtual currencies have become a focal point of attention in today's financial world. They attract countless investors with their mysterious allure and massive volatility

Bitcoin and Ethereum Futures Close Lower on Friday, Down Over 10% This WeekAt the close of trading in New York on Friday, CME Bitcoin futures (BTC) settled at $52,980.00, down 5

Bitcoin plunges below $55,000: Can it hold $52,000?Bitcoin has experienced a recent decline, falling below $55,000 and testing a demand zone not seen since August. While this break has sparked market concerns, some analysts believe a support level might exist around $55,000, potentially pushing prices back towards $58,000

Ethereum Foundation Continues Selling ETH, Can ETH Price Hold On?The Ethereum Foundation's ongoing ETH sales have intensified the decline in ETH price, triggering concerns about the future development prospects of Ethereum. Can ETH replicate the glory of Bitcoin spot ETFs? How long can the Ethereum Foundation's funds sustain, and where will Ethereums future go? This article will delve into the current challenges faced by Ethereum and its future development direction

Ethereum Faces Selling Pressure: Coinbase Premium Index Plunges, Exchange Supply Rises, Price Could Break Key SupportEthereum (ETH) price has been under sustained pressure recently, falling below $2,400 for the second time in three days. While the wider market may be hopeful that the latest decline marks a bottom, on-chain analysis points to a different narrative

Riot Platforms Bitcoin Production Decreases in August, But Hash Rate Growth Target Remains UnchangedRiot Platforms, a Nasdaq-listed US cryptocurrency mining company, reported its Bitcoin production (mining) performance for August on the 5th. The company's Bitcoin holdings reached 10,019, surpassing 10,000 for the first time

Bitcoin Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at CorrectionBitcoin has been facing multiple headwinds recently, with declining trading volume, slowing ETF inflows, and historical data suggesting a potential correction in September, potentially pushing the cryptocurrency below the critical psychological level of $50,000.Cyrus Ip, Head of Content at Bybit exchange, stated that while the current market conditions suggest minimal resistance to a pullback below $50,000, new catalysts or headlines could rapidly shift market sentiment, especially in a low-liquidity environment

Investment Analysis: Ethereum's Resonance, Divergence, and Potential OpportunitiesEthereum's (ETH) recent price action has garnered market attention, with its fluctuations closely tied to technical indicators such as resonance, divergence, and others. This article will explore potential investment opportunities in Ethereum through chart analysis

Hong Kong's RWA Ecosystem Booms: Langxin Group and Ant Group's Collaboration Ushers in a New Era of Real-World Asset TokenizationOn August 28, the Hong Kong Monetary Authority (HKMA) held a press conference to announce the first phase of the Ensemble project (Sandbox) and detailed four key tokenization use cases. Among them, the first domestic tokenization project based on real-world assets in the new energy sector, completed in Hong Kong by Langxin Group (300682, SZ) and Ant Group, became a focal point of the press conference