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Ethereum Spot ETF Approved: A Historic Moment for the Cryptocurrency Market!
Ethereum Spot ETF Approved: A Historic Moment for the Cryptocurrency Market!In the early hours of May 24, 2024, the U.S
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Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed Meeting
Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed MeetingOn September 6th at 20:30 EST, the US Department of Labor released the highly anticipated August non-farm payroll report. The data revealed that the US's seasonally adjusted non-farm employment growth was lower than expected, sparking market expectations that the Federal Reserve might continue raising interest rates in the future
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Ethereum Blob Base Fee Adjustment: A Balancing Act
Ethereum Blob Base Fee Adjustment: A Balancing ActThe Ethereum Execution Layer Meeting 195 saw a heated discussion around a proposal to adjust the minimum base fee for blobs. This proposal has sparked controversy within the community
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ETH/BTC Rate Falls Below April 2021 Low, Down 44% Since the Merge
ETH/BTC Rate Falls Below April 2021 Low, Down 44% Since the MergeCryptoQuant, a crypto analytics platform, reported on social media that the ETH/BTC rate has fallen by 44% since the Ethereum Merge in September 2022. The ETH/BTC rate is currently at 0
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Bitcoin Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at Correction
Bitcoin Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at CorrectionBitcoin has been facing multiple headwinds recently, with declining trading volume, slowing ETF inflows, and historical data suggesting a potential correction in September, potentially pushing the cryptocurrency below the critical psychological level of $50,000.Cyrus Ip, Head of Content at Bybit exchange, stated that while the current market conditions suggest minimal resistance to a pullback below $50,000, new catalysts or headlines could rapidly shift market sentiment, especially in a low-liquidity environment
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Investment Analysis: Ethereum's Resonance, Divergence, and Potential Opportunities
Investment Analysis: Ethereum's Resonance, Divergence, and Potential OpportunitiesEthereum's (ETH) recent price action has garnered market attention, with its fluctuations closely tied to technical indicators such as resonance, divergence, and others. This article will explore potential investment opportunities in Ethereum through chart analysis
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Bitcoin: A Financial Weapon in the US-China Game
Bitcoin: A Financial Weapon in the US-China GameYears ago, a friend complained that I missed the opportunity to invest in Bitcoin, suggesting that I missed out on a chance to become rich. However, I always believed that Bitcoin was a scam targeting China, aimed at harvesting its wealth
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Australia's First Ethereum ETF Imminent: Monochrome Confident
Australia's First Ethereum ETF Imminent: Monochrome ConfidentAustralian asset management firm Monochrome Asset Management is confident in its application for a spot Ethereum Exchange Traded Fund (ETF), which is poised to become the first ETF in Australia to directly hold Ethereum. The company announced on September 5th that it had submitted a listing application for the Monochrome Ether ETF (IETH) to Cboe Australia, with plans to complete the listing by the end of the month
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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
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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
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Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's Correction
Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's CorrectionAugust was undoubtedly a tough month for the crypto market, with Bitcoin (BTC) experiencing a 30% correction, from its high of $70,000 to a low of around $49,000. However, analysts predict that the decline below $50,000 may mark the bottom of the correction, with improvements expected in the final quarter of 2024
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New York Market Bitcoin Futures Update: CME Price Fluctuations and Economic News Crosscheck
New York Market Bitcoin Futures Update: CME Price Fluctuations and Economic News CrosscheckIt is worth noting that at 18:05 Beijing time, Bitcoin price once hit a new low of USD 58,000, which triggered widespread market attention. This price fluctuation not only reflects the general market concern about cryptocurrencies, but also reflects the complexity and uncertainty of the cryptocurrency market