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Bitcoin Rekindles Rally, Institutional Inflows and "Whale" Purchases Drive Market Rebound
Bitcoin Rekindles Rally, Institutional Inflows and "Whale" Purchases Drive Market ReboundOn Monday, Bitcoin reversed its decline from last week, rebounding strongly and bringing a general warming to the digital currency market. The spot Bitcoin ETF rose across the board by about 11%, the CME Bitcoin futures BTC main contract closed at $71,075, up 6
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Binance Surpasses 200 Million Users, BNB Hits All-Time High, CZ Becomes "Richest Prisoner"?
Binance Surpasses 200 Million Users, BNB Hits All-Time High, CZ Becomes "Richest Prisoner"?Binance's Rise and CZ's Dilemma: A Contradictory RealityIn June 2024, Binance co-founder Changpeng Zhao welcomed an epic surge in Binance Coin (BNB) in his first month behind bars. BNB price broke through the historical high of $717
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Bitcoin Surges Past $70,000, Hits Highest Level Since April 1
April 8, 2023 - Bitcoin's price has surpassed the $70,000 mark on April 8, 2023, reaching its highest level since April 1. Over the past 24 hours, Bitcoin has surged by 1
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Binance Settles with DOJ, CZ Steps Down as CEO, Signaling Dawn of Crypto Compliance Era
Binance's settlement agreement with the U.S
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Ethereum Traders Remain Bullish as Exchange Outflows Continue
Amidst the broader cryptocurrency market rally, Ethereum (ETH) has been one of the standout performers. Data from exchanges indicate that investors continue to move ETH to private wallets, signaling a holding mentality and expectations of future price appreciation
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As BTC Approaches $1 Million in 2033, Listen to the Wind Sing
Sailing along the 30-day moving average for 5 days, pulling the 7-day moving average back to the 30-day, Bitcoin (BTC) suddenly gained momentum. With a swift and graceful leap, it soared above the 65k "ground" level of the 30-day moving average and gracefully ascended the 70k dollar "wall
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Elon Musk's Enigmatic Signal as Captain Doge: Unraveling the Intertwined Voyage of Shiba Inu and Floki
Musk on Dogecoin In a recent social media update, former Twitter head Elon Musk mentioned that 'X' was a 'friendly space' for DOGE in response to another user's post. Given Musk's history of DOGE-related communication, it remains uncertain whether this was a subtle reference to the crypto or merely a casual remark
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Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation
Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation Introduction: Over the past six months, Bitcoin price has exhibited a notable negative correlation with the US 10-Year Treasury Yield, reaching a correlation coefficient of -90.61%
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Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing
Bitcoin Price Drops Again on Waning Demand for US ETF, Reduced Bets on Fed Easing Summary Bitcoin prices have fallen again amid cooling demand for a dedicated US exchange-traded fund (ETF) and reduced bets on monetary policy easing by the Federal Reserve. The robust rally in cryptocurrencies this year is losing steam as persistent US price pressures prompt investors to pare back bets on Fed rate cuts, buoying Treasury yields and the US dollar
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Bitcoin Concept Stocks Fall Sharply Amidst Crypto Crash and Halving Event
Bitcoin concept stocks have plunged today after a sudden crash in the cryptocurrency market and concerns over the upcoming Bitcoin halving event. At the time of writing, HiSun Technology (01647) has plummeted 8
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Bitcoin Price Dips Again as Demand for US Spot ETFs Cools, Fed Easing Bets Wane
Bitcoin prices fell again on April 2nd as demand for a US spot exchange-traded fund (ETF) waned and bets on a dovish pivot by the Federal Reserve diminished. The cryptocurrency's strong rally this year is losing steam as persistent U