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Can Bitcoin Break $80,000 in 2024? Three Factors Could Fuel a Bull Run
Can Bitcoin Break $80,000 in 2024? Three Factors Could Fuel a Bull RunPredicting Bitcoin's price is a popular topic, and I predicted late last year that Bitcoin would break $80,000 in 2024. While I believe this prediction remains feasible, achieving this target requires certain conditions to be met
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Whale Activities are Buoyant: Active Trading in BTC, ETH, POPCAT, and GIGA
Whale Activities are Buoyant: Active Trading in BTC, ETH, POPCAT, and GIGA Whales Withdraw 250 BTC from Binance, Accumulating a $46 Million LossAfter a 6-month hiatus, a whale has withdrawn 250 BTC (worth $15.6 million) from Binance
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The United States Pushes for a Bitcoin Strategic Reserve Act: Establishing a National Bitcoin Reserve to Enhance Financial Security and Leadership
The United States Pushes for a Bitcoin Strategic Reserve Act: Establishing a National Bitcoin Reserve to Enhance Financial Security and LeadershipAs global nations increasingly recognize the importance of digital assets, the United States is actively exploring ways to maintain its leadership position in this field. In this context, Senator Cynthia Lummis introduced the "BITCOIN Act of 2024" on July 31st
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How Does the Feds Interest Rate Cuts Impact the Cryptocurrency Market?
How Does the Feds Interest Rate Cuts Impact the Cryptocurrency Market?The Federal Reserve's key interest rate decisions have far-reaching implications for global markets, including cryptocurrencies like Bitcoin. The cryptocurrency market is often viewed as a hedge against traditional assets and responds swiftly to both rate increases and decreases
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Bitcoin's Seasonal Rally Turns Cold, Shorting Strategies Gain Traction
Bitcoin's Seasonal Rally Turns Cold, Shorting Strategies Gain TractionAs October arrives, the market had anticipated a seasonal rally in Bitcoin, but the reality has been less than optimistic. Recent international turmoil, particularly heightened tensions in the Middle East, has cast a shadow over global markets, and Bitcoin has not been spared
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Bitcoin Plunges, 93,000 Liquidated: Crypto Market in Turmoil, How Should Investors React?
Bitcoin Plunges, 93,000 Liquidated: Crypto Market in Turmoil, How Should Investors React?On October 3, 2024, the cryptocurrency market experienced a tumultuous storm. Bitcoin prices plummeted dramatically, leading to the liquidation of over 93,000 accounts
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Amidst Global Market Turmoil, Why is China Attracting "Smart Money"?
Amidst Global Market Turmoil, Why is China Attracting "Smart Money"?Global stock markets have recently been in a state of relentless decline. From traditional stock markets to emerging cryptocurrencies, significant volatility has been witnessed
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Ethereum Network Activity Surges, ETH Rallies Strongly, Can It Break $3,000?
Ethereum Network Activity Surges, ETH Rallies Strongly, Can It Break $3,000?Ethereum network activity continues to increase, and ETH has not only demonstrated strong price action, but has also surpassed Bitcoin in key market data, showcasing robust growth momentum. With rising open interest and funding rates, the surging meme wealth effect on Ethereum, and clear signs of network growth, market demand for Ethereum is rapidly escalating
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BlackRock: Calling Bitcoin a "risk-on" asset may be mischaracterized
BlackRock: Calling Bitcoin a "risk-on" asset may be mischaracterizedDespite Bitcoin's recent correlation with US stock prices, Robbie Mitchnick, Head of Digital Assets at BlackRock, argues that calling the cryptocurrency a "risk-on" asset might be a misnomer. Stocks, commodities, and high-yield bonds are typically considered risk-on assets because they generally perform well during periods of market optimism and economic expansion
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SEC Approves Nasdaq Listing of Options Contracts on iShares Bitcoin Trust ETF
SEC Approves Nasdaq Listing of Options Contracts on iShares Bitcoin Trust ETF The Securities and Exchange Commission (SEC) on Friday approved Nasdaq Inc.'s application to list options contracts related to the iShares Bitcoin Trust ETF
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Bitcoin Rollercoaster: What Secrets Lie Behind the Heart-Pounding Action?
Bitcoin Rollercoaster: What Secrets Lie Behind the Heart-Pounding Action?"If your wallet gets tight, Bitcoin will give you a heart attack!" This common saying has become a stark reality for many investors. One day you're happily watching your account balance rise, the next you're jolted awake in the middle of the night by a sudden "bungee jump
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FractalBitcoin Announces Tokenomics, Mainnet Launch Imminent
FractalBitcoin Announces Tokenomics, Mainnet Launch ImminentFractalBitcoin, a Bitcoin scaling solution, has recently unveiled its tokenomics and announced the imminent launch of its mainnet. The project allocates 80% of the token supply to the community and 20% to the team and contributors, with vesting schedules in place