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Bitcoin's October Scare: The Ghost of Geopolitics and the Future of CryptocurrenciesOctober 2023 was supposed to be Bitcoin's "golden October," with historical data flashing alluring gains, like a bountiful field awaiting cryptocurrency harvesters. Reality, however, threw cold water on Bitcoin believers

Chinese Assets: Riding the Wave of the Global Financial Storm, Opportunities and Challenges AwaitIn the global financial market, volatility is like the tide, surging at times, calm at others. A sudden financial storm swept across Wall Street, leaving many investors on edge

Crypto Market at a Crossroads: Key Turning Points for Ethereum, Dogecoin, and BitcoinEthereum, Dogecoin, and Bitcoin are currently at key market junctures, with their future trajectory hinging on the interplay of various technical factors. Ethereum: Breaking Through and SustainingEthereum recently broke through important technical resistance levels, indicating strong momentum among market participants

Bitcoin and Ethereum Futures Prices SurgeAs of the close of trading in New York on Thursday (September 26), the CME Bitcoin futures BTC lead contract closed at $64,705.00, up 2

The High-Speed Train of the AI Era: The Mystery of Computing Power and the Path to InnovationRecently, the field of Artificial Intelligence (AI) has been experiencing a surge in popularity, with its applications ranging from chatbots to self-driving cars and intelligent recommendation systems, penetrating various industries. However, what is less known is that these high-performance AI systems rely on vast computational resources

Is Bitcoins head-and-shoulders pattern hinting at an imminent bounce and a new bull run?A much-anticipated Bitcoin rebound may be on the horizon as the largest cryptocurrency has formed a head-and-shoulders pattern a bullish technical indicator suggesting a potential upside breakout. The formation of this pattern, coupled with the increasing market optimism and improving market sentiment, could fuel the next rally for BTC

China Plans $142 Billion Injection to Boost Economy, Bitcoin ETF Demand SoarsInvestor demand for Bitcoin ETFs has surged as China contemplates injecting up to $142 billion into its state-owned banks to buoy its struggling economy. Meanwhile, Ethereum and WorldCoin are both experiencing strong performance, surging past $2,500 and 14% respectively

Interest Rate Cuts Land, Can the Crypto Market Usher in a New Bull Run?Last week, the Federal Reserve raised interest rates by 50 basis points, the first rate cut since March 2020. This action indicates that the Fed's reaction function has shifted from focusing solely on inflation to focusing on employment

Macquarie Bullish on Bitcoin Mining Companies, Citing Institutional Value Transfer and AI ApplicationMacquarie has initiated coverage on Bitcoin miners including Riot Platforms (RIOT.US), Marathon Holdings (MARA

Crypto Market Insights for Thursday: BTC, ETH, and Altcoin AnalysisThe US Core PCE data is set to be released, and Binance founder CZ is back, which could lead to further fluctuations in the crypto market. Yesterday, the market experienced a slight pullback with major coins like BTC and ETH hitting intraday support levels

Bitcoin's Road to $80,000: A Long and Winding One: Demand Drops, Whales Dump, Can It Rekindle the Rally?Investors have been eagerly anticipating Bitcoin (BTC) to hit new all-time highs, but recent trends suggest this milestone may be further away than anticipated. While a wave of optimism has propelled the market upwards, shifts in macroeconomic trends and changes in the behavior of market participants have introduced new challenges

Bitcoin: Bubble or Future? A Century-long Showdown Between Digital Currency and Traditional FinanceHave you ever thought that a "gadget" you casually ignored could turn into "digital gold" worth a fortune? Bitcoin, the virtual currency born from the internet wave, has written one wealth legend after another with its amazing rise, leaving countless controversies and reflections behind.In 2010, the price of a Bitcoin was less than a dime