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Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term Trajectory
Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term TrajectoryEthereum has witnessed a surge in demand near the crucial $21,000 support area, leading to a strong bullish retracement. Prices have now climbed back to the middle threshold of a multi-month descending channel
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Why Did the Crypto Market Only Shiver" for a Moment After the Fed Cut Rates?
Why Did the Crypto Market Only Shiver" for a Moment After the Fed Cut Rates?Coin King: Hello everyone in the crypto community! I'm Coin King from Coin Victory Team, and I'm happy to see you all here watching my articles and videos. Recently, many friends have asked me why the crypto market only had a minor fluctuation after the Fed cut rates, while the stock market is flourishing
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Crypto Market Sentiment Rekindles as Bitcoin Breaks $65,000, Altcoins Surge
Crypto Market Sentiment Rekindles as Bitcoin Breaks $65,000, Altcoins SurgeBitcoin's surge past $65,000, fueled by strong buying from US spot Bitcoin exchange-traded funds (ETFs), is giving traders confidence that the bull market is back in full swing. On Sept
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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's Decade: Lang Xianping's Prediction, Your Reflections?
Bitcoin's Decade: Lang Xianping's Prediction, Your Reflections?In 2014, economist Lang Xianping famously said on a television program, "You can give me Bitcoin, I won't take it." This became a classic line in the cryptocurrency community
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Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits Shrink
Bitcoin Drops Below $61,000, 166,000 Liquidated: Middle East Conflict Escalates, Miner Profits ShrinkMarket data shows that in the past 24 hours, the number of liquidated positions across the cryptocurrency network has reached 166,000, with a total liquidation value of $558 million, marking a new high since August 5th. Bitcoin, after reaching a 2-month high of $66,500 on September 27th, has been fluctuating downward, experiencing a cumulative decline of approximately 7% in the past 3 trading days
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Cathie Wood's ARK Invest to Invest at Least $250 Million in OpenAI, Boosting AI's Future
Cathie Wood's ARK Invest to Invest at Least $250 Million in OpenAI, Boosting AI's FutureCathie Wood's ARK Invest, a prominent investment firm renowned for its focus on disruptive technologies, is set to make a significant investment in OpenAI, the leading artificial intelligence research company, according to TheInsider. This injection of at least $250 million marks a pivotal moment in the AI landscape, signaling growing confidence in OpenAI's potential to revolutionize various industries
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Bitcoin Plunges, Triggering Liquidations for 80,000 Users! What's Happening in the Market?
Bitcoin Plunges, Triggering Liquidations for 80,000 Users! What's Happening in the Market?The digital currency market is volatile, with constantly changing price trends that keep countless investors on edge. Yesterday, the Bitcoin market experienced another significant shakeup, with prices plummeting, leaving many investors with heavy losses
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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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Bitcoin Breaks Through $65,000 Resistance, But Bears Lurk
Bitcoin Breaks Through $65,000 Resistance, But Bears LurkBitcoin (BTC) rallied on Thursday morning, with bulls pushing to break through the $65,000 resistance level, buoyed by interest rate cuts and government stimulus packages. However, bears were not standing idle, attempting to break through the $63,000 support level overnight, only to be met with a strong surge
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Overnight BTC Stays Above $65k, Eyes $66k, Could Fed Rate Cuts Fuel Another BTC Surge?
Overnight BTC Stays Above $65k, Eyes $66k, Could Fed Rate Cuts Fuel Another BTC Surge?Bitcoin continued to hold above the $65,000 mark overnight, aiming for $66,000. Following recent Fed rate cuts, markets like gold, US equities, and China's A-shares have seen a surge in sentiment, but Bitcoin seems to be lagging behind
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BTC Breaks $65,000, Is a New Bull Run Imminent?
BTC Breaks $65,000, Is a New Bull Run Imminent?After nearly a week of consolidation at high levels, BTC has broken through its previous high of $65,000. This is the first reversal signal seen in six months