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Despite the welcome inflation data for October, the cryptocurrency market suffered one of the most severe blows in weeks on Tuesday.November 14th Bitcoin Price (CoinDesk)After the Consumer Price Index (CPI) remained flat with expectations for a slight increase in October, Bitcoin (BTC) briefly fell to $34970 in the afternoon from around $36600 in the morning

On Monday today, the BTC K-line has seen three consecutive positive trends in terms of form, with prices moving above the moving average. The overall strength of the trend is not significant, and prices have not broken the previous high points

On the evening of May 7th at 21:13 Eastern Time, Binance, the world's largest cryptocurrency exchange, announced through its official social media account that due to the large volume of transactions waiting to be completed, the extraction of Bitcoin (abbreviated as BTC) on the platform has been suspended, and the team is studying a solution and will resume Bitcoin extraction as soon as possible.At 22:39, Coin An continued to post a tweet stating that due to the company's previously set fees not taking into account the recent surge in gas fees on the Bitcoin network, there are still a large number of Bitcoin extraction transactions that have not been completed, and the team is still working to accelerate the confirmation of all pending transactions

The chain effect caused by FTX thunderstorms is far from over.On Monday local time, the world's largest cryptocurrency exchange, Coin An, announced that it will suspend US dollar bank transfer services starting from Wednesday, without specifying the specific reason

Coinance, the world's largest cryptocurrency exchange, has malfunctioned and its spot order book data has not been updated for a long time. Coin An stated on its social media platform that there is an issue affecting Binance's spot trading

On September 15th, IT Home reported that this afternoon, the Ethereum "Merge" was completed, and ETH entered the 2.0 era, transitioning completely from PoW to PoS.Currently,Ethereum is priced around $1600IT Home learned that Ethereum is a public blockchain platform, and its cryptocurrency is Ethereum ETH. Ethereum is now turning to the Proof of Rights (PoS) mechanism. For miners, if they mine on the Ethereum main network, after merging, each network will operate entirely based on the PoS proof of rights mechanism. At that time,The traditional proof-of-work (PoW) mining will no longer be available on the Ethereum network

Bitcoin is showing signs of exhaustion, has the market endedOriginal Huang Weihong Xingyu x2023-04-2600:03 Published in GuangxiIncluded in the collection#Financial category, including digital currency π coins691Please click on the author's name above to follow to avoid missing important informationBitcoin is showing signs of exhaustionIn recent times, after Bitcoin broke through 30000 yuan, the argument of "a bull market has arrived" has been heard endlessly. Many friends have put together funds to invest and re enter the market, but the trend of coin prices has not been satisfactory

Bitcoin prices have started a new rise above the resistance level of $29000. If it significantly breaks through the resistance level of $30000, BTC may rebound