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Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?The leading cryptocurrency, Bitcoin (BTC), has gone through a challenging week, with prices plummeting by over 2.30% in the past 24 hours to $27354 as of the time of publication

With increasing regulatory pressure from Coin On and other global centralized financial (CeFi) service providers, the total lock-in value of the decentralized financial (DeFi) ecosystem on the BNB chain (formerly known as Coin On Smart Chain) has decreased by approximately $2 billion (TVL) since the beginning of the year. This decline has caused many problems

Although the trading volume continues to grow, Dog Coin (DOGE) is still under strong pressure.According to the multiple positive on chain indicators displayed today, DOGE no longer seems to be the preferred option for the market whales

Near the weekly close, Bitcoin attempted to break through $28300, but ultimately closed around $27800. Despite multiple attempts to break through this key resistance level, bullish investors have been disappointed, possibly due to short-term profit taking by some investors and concerns about the possibility of the Federal Reserve tightening monetary policy

Recently, people have been paying special attention to the price trends of Chaigou (SHIB) and Dog Coin (DOGE). However, these two cryptocurrencies experienced a decline after encountering selling pressure at key resistance levels

Graphical data:1. In the past 5 years (2018-2022), the September market of Kezhou has been declining, with an average amplitude of over 20%2

Ethereum prices are attempting to break through the wave of recovery of $1580 against the US dollar. ETH is working hard to break through $1620 and may start another decline

ETH daily destruction quantity hit a new low within the yearSince the upgrade in London in August 2021, the Ethereum blockchain has launched the ETH combustion mechanism with the aim of optimizing transaction fees. EIP-1559 divides the gas fees that were originally required to be paid to miners on Ethereum into two parts: basic fees and miners' tips

Rising interest rates, delayed Bitcoin ETFs, global financial turmoil, and other regulatory pressures are leading to poor performance in the crypto market.Why did the crypto market decline this week?Rising interest rates, delayed Bitcoin ETFs, global financial turmoil, and other regulatory pressures are leading to poor performance in the crypto market

Blockchain Cloud: A cloud piercing arrow, thousands of troops and horses come to meet! Gather the latest and most comprehensive blockchain information to grasp industry trends. Welcome to follow the blockchain cloud and grow together with blockchain!Today, Zhao Changpeng, CEO of Coin An, criticized the mining exchange on Weibo, pointing out that "mining exchanges will not continue to thrive because only fools will always become believers in mining exchanges

Disclaimer: This article does not constitute any investment advice.Editor: Remember to follow meMars Finance (WeChat: hxcj24h) reported on the front line that in response to today's report on the removal of BNB repurchase terms in the Coin An white paper, Coin An founder Zhao Changpeng issued a 5-point statement on Weibo to respond:The use of the term 'repurchase' is not accurate

#Headline Creation Challenge#The price of Bitcoin has been consistently decliningNarrow intervalInternal trading, but now this range has been broken. The king of Cryptocurrency turned down again, and it seems that there is no clear reason for the decline