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The Fed Turns Dovish, but Gold and Bitcoin Remain Uncertain?
The Fed Turns Dovish, but Gold and Bitcoin Remain Uncertain? The Federal Reserve surprised everyone with a 50-basis point interest rate cut! This news sent shockwaves through the financial markets. Logically, a rate cut should be like a shot of adrenaline for the markets, causing both gold and Bitcoin to rally
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Bitcoin and Ethereum Futures Surge on Thursday, BTC Breaks $63,000
Bitcoin and Ethereum Futures Surge on Thursday, BTC Breaks $63,000On Thursday (September 19), the CME Bitcoin Futures BTC front-month contract settled at $63,165.00, up 5
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Ethereum Crisis: Modularity, Human Nature, Competition and Leadership
Ethereum Crisis: Modularity, Human Nature, Competition and LeadershipEthereum, once the King of Altcoins, is now in crisis. Its halving rules are beginning to shake, and many altcoins are also in a slump
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Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to Grow
Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to GrowAmerican online brokerage Robinhood (NASDAQ: HOOD) released its Q3 2021 earnings on October 27th. The report showed that Robinhood's total net revenue reached $365 million, a 35% year-over-year increase
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Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto Climate
Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto ClimateAnthony Scaramucci, a well-known Wall Street hedge fund manager, recently predicted that Bitcoin could reach a staggering new all-time high of $100,000 by the end of this year. This prediction is based on the anticipated Federal Reserve rate cut cycle and the increasing likelihood of favorable crypto regulations from the US government, particularly after the November US presidential election
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Bitcoin and Ethereum: A Game of Breakouts and Pullbacks
Bitcoin and Ethereum: A Game of Breakouts and PullbacksBitcoin successfully broke through a small-scale head-and-shoulders pattern on the 4-hour chart and retested the downtrend line and resistance area above. While this surge last night was swift, there is a risk of a pullback, as the daily chart still shows supply at the resistance level
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Bitcoin and US stocks climb as expectations for Fed rate cut heat up
Bitcoin and US stocks climb as expectations for Fed rate cut heat upBitcoin (BTC) and US stocks were trending higher in early trading on Tuesday as Wall Street's expectations for a 50-basis-point rate cut from the Federal Reserve now stand at 63%. The size of the rate cut has been the focus of intense debate over the past week, as data has been mixed but has shown a clear indication that inflation continues to moderate toward the Fed's 2% target, while US consumers are showing resilience despite higher living costs
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Fed Rate Cut and Upcoming Election Could Push Bitcoin to New Highs
Fed Rate Cut and Upcoming Election Could Push Bitcoin to New HighsHedge fund manager Anthony Scaramucci predicts that Bitcoin will hit new highs, driven by a combination of a Fed rate cut and clear US cryptocurrency regulations after the November presidential election."We are going to see legislation in the first part of the next U
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Bitcoin and Ethereum 4H Analysis: Resistance Test, Bulls Need Caution
Bitcoin and Ethereum 4H Analysis: Resistance Test, Bulls Need CautionBitcoin is currently consolidating near resistance levels, facing significant pressure from the descending trendline and resistance above. From a daily perspective, Bitcoin's movement is forming a triangle convergence, which has entered a crucial stage
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Is a Bitcoin Bull Run Imminent? Historical Data and Fundamentals Offer Clues
Is a Bitcoin Bull Run Imminent? Historical Data and Fundamentals Offer CluesWhile recent market volatility has led some analysts to adopt a pessimistic outlook on Bitcoin's price trajectory, a deep dive into its fundamentals and historical data reveals some encouraging signals.Bitcoin's price fluctuations have been a subject of intense scrutiny in recent years, leaving many wondering about its future course
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Bitcoin and Ethereum ETFs: Inflow and Outflow Data Reveal Market Trends
Bitcoin and Ethereum ETFs: Inflow and Outflow Data Reveal Market TrendsAs of September 13, the total net assets of Bitcoin ETFs reached $53.72 billion, with daily inflows of $159
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Ethereums Dilemma: Can a Narrative Revolution Reignite Developer and Investor Enthusiasm?
Ethereums Dilemma: Can a Narrative Revolution Reignite Developer and Investor Enthusiasm?The cryptocurrency market is currently in a state of doldrums, with price action driven primarily by supply and demand factors rather than fundamentals. Ethereum (ETH) has significantly underperformed other major cryptocurrencies, with many analysts attributing the underperformance to declining Ethereum revenues post-the Cancun upgrade and the token's inflationary dynamics