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Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat Up
Bitcoin Breaks Above $64,000 as Global Monetary Easing Expectations Heat UpTraders on Tuesday boosted the probability of the Federal Reserve cutting interest rates by 50 basis points for the second time in a row to 61%, as China also joined the near-global monetary easing movement currently sweeping major economies. This news pushed the price of Bitcoin to its highest level in over a month during US afternoon trading on Tuesday, breaking above the $65,000 mark for the first time since early August
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Ethereum Foundation Boosts Transparency: Spending, Vitaliks ETH Sales, and DeFi Perspective
Ethereum Foundation Boosts Transparency: Spending, Vitaliks ETH Sales, and DeFi PerspectiveRecently, the Ethereum Foundations ETH sales and transparency regarding its funds have garnered significant attention from the crypto community. In response, the Foundation unveiled its official spending breakdown in late August, along with explanations for Vitalik Buterins ETH sales and his view on DeFi
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Musk's "Mars City" Concept Ignites Meme Coin Frenzy: TERMINUS Surges Over 10,000%
Musk's "Mars City" Concept Ignites Meme Coin Frenzy: TERMINUS Surges Over 10,000%On September 24th, the cryptocurrency market experienced a dramatic shift as the meme coin TERMINUS surged past $0.45, marking a new all-time high and a staggering 239% increase in 24 hours
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Dogecoin (DOGE) poised to break out of a descending wedge pattern, but upside potential remains limited
Dogecoin (DOGE) poised to break out of a descending wedge pattern, but upside potential remains limitedWhile Dogecoin (DOGE) has been fluctuating within a descending wedge pattern in recent days, and might break out soon, market analysis suggests that a significant price surge after the breakout is unlikely.Weak momentum, ADX indicator reveals waning uptrendDogecoin's momentum has clearly weakened, with the Average Directional Index (ADX) indicating a fading uptrend, currently at a very weak level
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Crypto Market Rebound Gaining Momentum, Bitcoin, Ethereum, and XRP Eyeing New Highs
Crypto Market Rebound Gaining Momentum, Bitcoin, Ethereum, and XRP Eyeing New HighsThe cryptocurrency market is showing a strong rebound, and market participants are poised to break historical and 52-week highs. The price movements of Bitcoin, Ethereum, and XRP in this rally suggest significant changes in the market
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Bitcoin Short-Term Squeeze, ETH About to Explode? Today's Market Analysis
Bitcoin Short-Term Squeeze, ETH About to Explode? Today's Market AnalysisYesterday, Bitcoin (BTC) reached a low of $62,320 and a high of $64,126, with a fluctuation of $1,806 and a volatility of 2.9%
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Fed Rate Cut Expectations Increase, Japanese Stocks Surge, Bitcoin Soars
Fed Rate Cut Expectations Increase, Japanese Stocks Surge, Bitcoin SoarsOn September 17, the three major U.S
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Bitcoin and Ethereum 4H Chart Analysis: Oscillation and Correction Play
Bitcoin and Ethereum 4H Chart Analysis: Oscillation and Correction PlayBitcoin is currently in a weak range-bound movement above the support level. After rebounding from the support level, the subsequent trend and trading volume are somewhat weak
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Bitcoin's 28 Million Times Surge in 10 Years: Will It Keep Rising?
Bitcoin's 28 Million Times Surge in 10 Years: Will It Keep Rising?A decade ago, in 2010, a single Bitcoin was worth $0.0025, less than a dime in Chinese yuan
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Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency Security
Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency SecurityThe recent cracking of the Bitcoin 66-bit puzzle, launched in 2015, has exposed security vulnerabilities in the cryptocurrency space, reminding individuals to strengthen their security measures. Intended as part of a series of cryptographic challenges to showcase the robustness of Bitcoin cryptography, the puzzle inadvertently revealed potential risks, sending a wake-up call to the entire industry
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Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?
Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?While the Coinbase Bitcoin Premium Index recently turned negative, indicating a decline in US investor interest in Bitcoin, the cryptocurrency's price has continued to surge following the Fed's rate cut, even briefly surpassing $64,000, marking a new high for the month. This suggests that despite the muted performance of the US market, interest in cryptocurrencies remains strong globally, particularly fueled by powerful buying pressure from Binance
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Will Bitcoin Crash to $49,000? Analysts Differ in Their Views
Will Bitcoin Crash to $49,000? Analysts Differ in Their ViewsFollowing the Fed's 50 basis point rate cut, Bitcoin prices have surged, prompting celebrations among investors. However, some analysts remain skeptical of this rally and predict a potential crash in the near future