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Bitcoin Suffers Another Major Plunge, Over 148,000 Liquidated: Halving Effect Continues to Ferment, Market Risks Intensify
Bitcoin Suffers Another Major Plunge, Over 148,000 Liquidated: Halving Effect Continues to Ferment, Market Risks IntensifyOn October 26th, Bitcoin prices saw another significant drop, falling nearly 4% at one point. According to data from Coinglass, the virtual currency market experienced a collective decline, with Ethereum falling over 3
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The Bitcoin Investor's Password Dilemma: $3 Million in Wealth, a Forgotten Password
The Bitcoin Investor's Password Dilemma: $3 Million in Wealth, a Forgotten PasswordThe recent surge in popularity of cryptocurrencies like Bitcoin has attracted countless investors to the burgeoning digital asset realm. However, behind this digital wealth frenzy lie numerous risks and challenges, one of which is password management
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Crypto Winter Arrives: Global Regulation Tightens, Bitcoin Falls Below $35,000
Crypto Winter Arrives: Global Regulation Tightens, Bitcoin Falls Below $35,000For investors familiar with cryptocurrencies, they are accustomed to the ups and downs of Bitcoin. So far in 2022, Bitcoin has been struggling to stay above $36,000
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Bitcoin's "Deceased" Founder: A Potential Driver of Cryptocurrency Prices
Bitcoin's "Deceased" Founder: A Potential Driver of Cryptocurrency PricesFor a long time, the United States' expanding trade deficit, its $35 trillion debt pile, and the continued decline in the purchasing power of the dollar have been considered key drivers of Bitcoin's price surge. Even the possibility of Republican candidate Trump winning the election in November has been cited as a bullish catalyst for the cryptocurrency recently
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Ethereum's Scaling Dilemma: Intensified Competition and the Path Forward
Ethereum's Scaling Dilemma: Intensified Competition and the Path ForwardAs one of the world's most widely used decentralized finance (DeFi) platforms, Ethereum has long faced scaling challenges. Entering October 2024, Layer 2 and Layer 3 scaling technologies have shown some struggles as network transactions decline, resulting in transaction throughput reaching its lowest level since June this year
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Ethereum Price Surge: Historical Pattern Points to Potential New Highs?
Ethereum Price Surge: Historical Pattern Points to Potential New Highs?The cryptocurrency market has recently exhibited strong momentum, with Bitcoins robust rebound leading a shift in market sentiment. As the second-largest cryptocurrency, Ethereum has also shown signs of recovery, with its price surging nearly 5% in the last 24 hours, up about 10% from its recent lows, suggesting that the market may be at a crucial turning point
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Post-National Day Outlook for the Crypto Market: Potential Coins After Correction, and Secondary Market Analysis
Post-National Day Outlook for the Crypto Market: Potential Coins After Correction, and Secondary Market AnalysisThe National Day holiday has ended, and the crypto market has also seen a correction. Since September 1st, the overall market has been falling, with BTC dropping close to $62,000 and ETH around $2,400
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Bitcoin and Ethereum Market Analysis: Potential Pullback After Short-Term Rally
Bitcoin and Ethereum Market Analysis: Potential Pullback After Short-Term RallyOn September 24, 2024, the Bitcoin (BTC) and Ethereum (ETH) markets continued to fluctuate. While there has been a recent rebound, analysts believe that the risk of a pullback still persists
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Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
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Bitcoin's "Digital Gold" Myth Crumbles Amidst Israel-Iran Tensions, Gold Soars
Bitcoin's "Digital Gold" Myth Crumbles Amidst Israel-Iran Tensions, Gold SoarsAs tensions escalate between Israel and Iran, Bitcoin (BTC) has experienced a crash, raising questions about its ability to mimic gold as a hedge against geopolitical turmoil. Renowned precious metals analyst Peter Spina, in an October 2nd X post, expressed disappointment in Bitcoin's recent price action, claiming its "digital gold" promise has been shattered
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Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion Loss
Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion LossBitcoin has been on a downward trajectory after reaching a two-month high of $66,500 on September 27th, experiencing a total decline of approximately 7% over the past three trading days. Starting on the evening of October 1st, Bitcoin rapidly dipped from $63,800 to a low of $60,128
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Ethereum Usage Deconstructed: Exploring the Driving Forces and Future Potential
Ethereum Usage Deconstructed: Exploring the Driving Forces and Future PotentialProfessional investors are beginning to embrace the idea that Ethereum could become the platform for popular applications in the future, yet for many, the investment case for its associated asset, ETH, remains largely unclear. Unlike traditional assets with well-defined valuation methods, most crypto assets, like ETH, lack well-known fundamentals