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Cryptocurrency Investment Firm 1confirmation Bullish on DeFi, NFTs, and Prediction Markets, Anticipating Explosive GrowthCryptocurrency investment firm 1confirmation, in its Q2 2024 LP letter, expressed strong optimism about DeFi, NFTs, and prediction markets, forecasting their explosive growth in the coming years.The letter highlights that DeFi and NFTs will become even more robust, while SocialFi and other novel use cases will emerge through application chains, L2s, and L3s

Ethereum's Decade: Ten Reasons to Be Bullish on ETH2. Powerful Development Capabilities: Ethereum's ecosystem boasts a strong developer community and accumulated intellectual support, continuously driving innovation and growth

Vitalik Buterin Publicly "Endorses" Ethereum: Bullish Signal Emerges?Yesterday, an image of Vitalik Buterin publicly "endorsing" Ethereum went viral in the crypto community, sparking widespread discussion. Seasoned investors understand the significance of this image, as it suggests that the time for Ethereum's price to rise may be approaching

Bitcoin Surges Past $61,000: Is the Bull Run Over?On Wednesday (August 21), Bitcoin broke through the $61,000 mark. Market watchers are closely eyeing Federal Reserve Chair Jerome Powell's comments on interest rates on Friday, as any hints of a 50 basis point cut could trigger market volatility

Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term BullishnessFollowing a brief dip last night, Bitcoin staged a strong rebound, breaking through the $60,000 mark around 9 am today and reaching a high of $60,920. As of press time, Bitcoin is trading at $60,815, up 4

Bitcoin Bulls Gearing Up, $63,000 Key ResistanceTwo weeks ago, Bitcoin prices plunged to $49,000, dealing a heavy blow to miners. Profits dwindled significantly, forcing many miners to exit the market, particularly smaller ones who found it difficult to keep up

Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?While the market anticipates a potential interest rate cut in September by the US Fed, the positive impact of such a policy might not be immediately visible. This is especially true as global economic uncertainty casts a shadow, prompting investors to adopt a cautious stance, waiting for the actual effects of the interest rate cut to materialize in the market

Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0

Market Sentiment Under the Tug-of-War Between Bulls and Bears: Analyzing BTC, ETH, SHIB, and Other Assets Market data reveals a current bull-bear ratio of 50.56%/49

Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly

DOGE Bullish in the Short Term: Breaking Resistance Levels, Strong Bullish Momentum, Short-Term Entry Point AppearsBitcoin rebounded to $63,000 yesterday, with the overall market performing relatively stable. ETF inflows supported the market's rise, but both bulls and bears were cautious, expecting the market to continue consolidating and awaiting the release of tomorrow's CPI data

Ethereum (ETH) Future Outlook: The Bearish and Bullish BattleRecently, market researcher and analyst DeFiIgnas published an in-depth analysis report on the current state of Ethereum (ETH), exploring the bearish and bullish arguments surrounding the cryptocurrency and offering valuable insights into its future trajectory.Over the past two years, Ethereum has struggled to keep pace with the growth of other cryptocurrencies