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CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?The recent release of CPI data, showing a year-on-year rate of 2.4%, while lower than the previous value of 2

2024 Nobel Prizes: Artificial Intelligence Takes the Lead, Zhou Hongyi Daringly Predicts the FutureThe 2024 Nobel Prize award ceremony, held from October 7th to 14th, captivated global attention. The Nobel Prize, the highest honor in the scientific world, recognizes individuals who have made "the greatest benefit to humankind" in physics, chemistry, peace, physiology or medicine, and literature

Bitcoin and Ethereum Futures Prices Fall in Late New York Trading on ThursdayBitcoin futures (BTC) on CME closed at $59,805.00 on Thursday, down 2

Bitcoin Plunges Below $59,000, Inflation Concerns and Regulatory Pressure Weigh on Crypto MarketBitcoin suffered a significant setback on Thursday, plummeting over 4% to break below the $59,000 mark. This drop marked a new low since the Federal Reserve's unexpected 50 basis point rate cut in mid-September

Bitcoin Stumbles at $61,000: Inflation Pressure and Silk Road Bitcoin Sale Risk CombineBitcoin (BTC) failed to break through the $61,000 mark in early trading on Thursday, weighed down by a double whammy of rising inflation and the looming sale of thousands of Silk Road bitcoins, which has put heavy pressure on the cryptocurrency market.The September Consumer Price Index (CPI) report revealed inflation running hotter than economists expected, climbing 0

Bitcoin Rebounds Strongly: Market Sentiment Improves, What's the Outlook?After a series of sharp declines, the virtual currency market has finally seen a long-awaited rebound. At 2:23 PM Beijing time on October 10th, Bitcoin successfully broke through the $61,000 mark, with the latest price reported at $61,015

Fed Pause Rate Cuts More Likely? September CPI Data Beats Expectations, Bitcoin Price DipsData released Thursday by the U.S

The Bitcoin Father Worth $480 Billion Appeared? The Person Involved Spoke Up: It's Not Me! Why Is Satoshi Nakamoto Afraid of Being Found?The identity of Bitcoin's creator, "Satoshi Nakamoto," has been a mystery. Recently, HBO's latest documentary, "The Rise and Rise of Bitcoin," pointed the finger at Canadian software developer Peter Todd, sparking heated discussions in the cryptocurrency community

Bitcoin Pullback Nears $60,000, Ethereum Retests Uptrend Line; Proceed With CautionBitcoin pulled back to near $60,000 overnight, a drop of roughly 3%, which while expected, broke through the key support level of $61,000, raising market concerns. The volume on the breakout of $61,000 was significant, indicating a potential stronger pullback than anticipated

Bitcoin Price Pulls Back, Bears Regain Control, $60,000 Support at RiskDespite showing signs of a rebound after briefly breaking above $66,000, Bitcoin's price has fallen again under continued pressure from bears. Failure to break above the MA-200 further adds to the bearish sentiment, suggesting the recent rally may be short-lived and could face significant downside risk in the future

Bitcoin vs Ethereum: The Difference Between a Digital Currency and a Smart Contract PlatformBitcoin and Ethereum are two of the most prominent cryptocurrencies in the blockchain technology space. Although they are both classified as cryptocurrencies, their design goals and application scenarios differ significantly

Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on ralliesBitcoin continued its corrective rally yesterday, but the overall trend remains weak. Intraday prices repeatedly attempted to break through the 62,500 resistance but failed, and in the evening, prices experienced a strong pullback, erasing earlier gains gradually