Category

Ethereum Price Analysis: Long Upper Shadow, Technical Indicators, and Trading Strategy InterpretationEthereum's recent price movement shows significant selling pressure and a bearish trend. This article will analyze the short-term trend using technical indicators and provide corresponding trading strategy recommendations

The Ethereum White Paper: A Deep Dive into a Landmark Blockchain DocumentPublished by Vitalik Buterin in 2013, the Ethereum White Paper stands as a milestone in the history of blockchain technology. It not only details Ethereum's technical architecture and conceptual framework but also paints a grand vision of a global decentralized application platform, offering unprecedented opportunities for developers and innovators worldwide

Global Financial Markets Experience Sharp Volatility: Bitcoin Flash Crash Triggers Liquidations, Tech Stocks Diverge, and Non-Farm Payroll Data Takes Center StageThursday, December 5, 2023, saw complex and volatile conditions across global financial markets. All three major US stock indices closed lower: the Dow Jones Industrial Average fell 0

Bitcoin Price Plunges Below $95,000: Market Volatility Intensifies, but Long-Term Bullish Sentiment PersistsBitcoin's price dipped below $95,000 in the evening, ending a brief surge past $100,000 fueled by optimism surrounding President-elect Trump's potentially more crypto-friendly regulatory stance. This downturn triggered significant market volatility, with Coinglass data revealing over 160,000 liquidations in the cryptocurrency market within the past 24 hours

Binance Launches WHY and Cheems Perpetual Contracts: Market Volatility and the Future of BNBChainOn November 25th, Binance Futures announced the launch of USD-margined perpetual contracts for 1000WHYUSDT and 1000CHEEMSUSDT, with leverage up to 75x. Following this announcement, WHY's price plummeted by over 30%, and Cheems fell by more than 50%

Bitcoin Breaks Through $72,000, Crypto Market Experiences Strong SurgeOver the past half-month, Bitcoin has been in a volatile upward trend. In the early hours of October 30th, Bitcoin surged to $73,620, nearing the high of over $73,700 reached in March this year

Bitcoin: The Fog of Virtual PropertyIn today's digital age, the term Bitcoin frequently appears in our field of vision. Hailed as digital gold, it leads the wave of cryptocurrency, but whether it truly belongs to virtual property remains a perplexing question

Bitcoin Traders Target $70,000 as ETF Inflows PersistBitcoin traders are once again setting their sights on the $70,000 mark reached in June, even after a broad decline across cryptocurrencies late last week. Meanwhile, funds continue to flow steadily into US exchange-traded funds (ETFs)

Crypto Winter Persists: Bitcoin Plunges Below $27,000, Crypto Billionaires Suffer Huge Wealth LossesBitcoin's downward trend continues. After breaking below $30,000 on May 10, it dropped below $27,000 during trading on May 12, hitting a new low for the year

Understanding Ethereum: From a Payment System to a Global SupercomputerEthereum, a blockchain project born in 2013, not only created the world's second-largest cryptocurrency, Ether (ETH), but also expanded the scope of blockchain technology beyond payments to a wider range of applications. This article will take you on a journey through Ethereum's past, present, and future, exploring how it transformed from a simple payment system to a global supercomputer and revealing its profound implications for the crypto economy

Ethereum Price Target Lowered to Below $6,000 as Pullback Risks PersistIn a nutshell, Glassnode's on-chain data reveals that the current cycle's peak target for Ethereum has now been lowered to below $6,000. This downward revision contradicts earlier predictions, primarily driven by waning ETF inflows and selling pressure

Why are Ethereum ETFs Underperforming? Bitcoin ETF's Frenzy Fails to ReplicateWhile spot Bitcoin ETFs have garnered nearly $19 billion in inflows within 10 months, Ethereum ETFs, which began trading in July, have failed to ignite the same market enthusiasm and are significantly underperforming their Bitcoin counterparts. Spot Ethereum ETFs have seen net outflows of $556 million since their launch, with $8 million in net outflows this week alone