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The $1735 level has been strongly resisted, and prices have been declining since then.If the price breaks through the resistance level of $1665, it may be tested again for $1735

Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?From a historical perspective, as the market finds a balance between buyers and sellers, miners typically sell Bitcoin before a bull market.The leading cryptocurrency, Bitcoin (BTC), has gone through a challenging week, with prices plummeting by over 2

Against the backdrop of rising US treasury bond bond yields, a stronger US dollar and geopolitical uncertainty, the world's leading cryptocurrency, Bitcoin (BTC), continues to face challenges in returning to the US $28000 level.However, according to a report by Reflexity, a digital asset research firm, despite these obstacles, Bitcoin remains the best-performing asset class in 2023, with an impressive year to date (YTD) return of 63

The volatility of Bitcoin (BTC) has become a hot topic of discussion in 2023. As its value reaches historical lows, investors have shown sensitivity changes to tokens known for their volatility outside the cryptocurrency circle

Analysts unanimously believe that although the cryptocurrency market has been plagued by poor liquidity, social sentiment can be a useful tool for tracking discussions around Ethereum's potential spot ETFs21Shares and ArkInvest jointly applied for Ethereum spot ETFs this month, which may have a profound impact on the US cryptocurrency market. Industry analysts quickly expressed their views on the broader impact

1. Arbitrum is an extended solution on Ethereum that allows users to enjoy faster speed and cheaper transaction costs when interacting with web3dApp

Hello everyone, this is Pipi~We haven't talked about the latest news about Ethereum in a long time. This morning, let's review the recent situation of Ethereum (ETH)?Latest news from ETH:At present, Ethereum (ETH) has increased by -3

Members of the Ethereum community have long been concerned that Lido's dominant position is the root cause of network centralization, and many people take it for granted that Lido's continued accumulation of market share poses a systemic risk to Ethereum's consensus.Due to less than one-third of ETHs being pledged through Lido, this agreement violates the first of three key consensus thresholds, which may result in a worrying centralization vector as Lido can prevent Ethereum from finalizing without the need to hook up with other verification entities!Ultimately, Lido's market share may exceed 50%

Limited institutional interest in Ethereum in the context of a bear marketIn the context of the crypto bear market, starting from October 2nd, six different Ethereum futures financial instruments officially began trading, but have not yet reignited institutional investors' enthusiasm for ETH. The total trading volume of ETH futures ETFs on their first day was less than $1

Lido: A unique approach to decentralized Ethereum through liquidity collateralLido is a unique liquidity collateral agreement aimed at promoting the decentralization of Ethereum and providing users with the flexibility to pledge and use ETH. Through smart contracts, Lido promotes the flow of ETH from users to node operators and validators, while allowing users to obtain liquidity tokens, such as stETH, in return

Regarding the dynamics of the Bitcoin (BTC) market, cryptocurrency analyst and strategist Benjamin Cowen emphasized that the cryptocurrency market is currently experiencing one of the coldest periods in its market cycle. He believes that as risk appetite decreases, Bitcoin's market dominance will increase, while counterfeit coins in the market will be suppressed

The market volatility is still ongoing, and the price of BTC has dropped to the level of $27200 before rebounding to $27500. Despite a rebound in prices, counterfeit coins did not benefit as they have been experiencing similar trends and continue to hit new lows