-
How is the Ethereum Team Addressing the ETH Price Dip? Insights from the 12th AMA
How is the Ethereum Team Addressing the ETH Price Dip? Insights from the 12th AMAOn the evening of September 5, 2024, the Ethereum Foundation held its 12th Ask Me Anything (AMA) session, aiming to address community questions about Ethereum's future development. This event featured key members like Ethereum co-founder Vitalik Buterin, Foundation members Justin Drake, and Dankrad Feist, with discussions centering around the reasons behind ETH's price struggles, the team's response strategies, and Ethereum's future direction
-
Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be Crucial
Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be CrucialTonight's Nonfarm Payroll data will be the market's focus, potentially causing significant volatility in Bitcoin's price in the short term. If the data shows a rate cut and good unemployment rates, it will be bullish for the market, and Bitcoin's price could rebound; conversely, if there's a rate cut but poor unemployment figures, it signifies a heightened risk of recession, and Bitcoin's price may further decline
-
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertain
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertainSeptember has not been kind to Bitcoin (BTC) this year, continuing a trend that has been observed since 2013, making the month typically challenging for the top cryptocurrency. Bitcoin ended August on a negative note, while Google Trends data reveals a significant drop in public interest towards Bitcoin
-
Etheism: A New Era of ERC-20 Tokens Merging Art and Code
Etheism: A New Era of ERC-20 Tokens Merging Art and CodeOn September 5th, Etheism, a novel token protocol within the Ethereum ecosystem, made its debut, launching its token "E" at 2 am. The token surged to nearly $5,000, igniting the market
-
Bitcoin Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?
Bitcoin Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?While Bitcoin prices continue to fluctuate within a narrow range, on-chain analysis reveals that trading activity on the Bitcoin network has reached a three-year low, suggesting waning interest in the network. However, some analysts believe this could mean a significant breakout is imminent
-
Recession or Top-Down Correction? Macro Data Analysis of the Crypto Market
Recession or Top-Down Correction? Macro Data Analysis of the Crypto MarketWhile recession-mongering experts are abound, there are currently no clear signs of an economic recession. Instead, we see trends of increased government spending, currency depreciation, and global liquidity, which will continue until 2025, creating a favorable environment for risk assets, including cryptocurrencies
-
Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key Level
Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key LevelAccording to ChainCatcher, if Bitcoin drops below $55,000, the cumulative liquidation intensity of long positions across major CEXs will reach $746 million. Conversely, if Bitcoin breaks above $58,000, the cumulative liquidation intensity of short positions across major CEXs will reach $900 million
-
Bitcoin's price decline sparks market concern, risk assets fall across the board
Bitcoin's price decline sparks market concern, risk assets fall across the boardBitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly
-
Bitcoin and Ethereum Futures Dropped on Tuesday, Losses Widened Ahead of ISM Manufacturing Index Release
Bitcoin and Ethereum Futures Dropped on Tuesday, Losses Widened Ahead of ISM Manufacturing Index ReleaseAt the close of trading in New York on Tuesday, the CME Bitcoin futures contract (BTC) settled at $58,485.00, down 1
-
Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward Trend
Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward TrendThis article will provide a recap analysis of the Ethereum (ETH/USDT) 1-hour chart, discussing the overall trend and market structure based on support and resistance levels depicted in the chart. This analysis will provide strategic insights for short-term trading
-
Is a Bitcoin Rebound Looming After Recent Plunge? A Deep Dive into the Causes of the Decline and the Golden Period for a Potential Rebound!
Is a Bitcoin Rebound Looming After Recent Plunge? A Deep Dive into the Causes of the Decline and the Golden Period for a Potential Rebound! In the ever-volatile digital currency landscape, every Bitcoin fluctuation sends ripples throughout the global investor community. Recently, Bitcoin has experienced an unexpected downturn
-
BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band Resistance
BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band ResistanceYesterday, BTC hit a low of 57093 and a high of 59412, with a fluctuation range of 2319 and a volatility of 4.0%