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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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Bitcoin Drops Below $67,000, Trump's Chances of Winning Surge, Crypto Market Heats Up
Bitcoin Drops Below $67,000, Trump's Chances of Winning Surge, Crypto Market Heats UpOn October 22, Bitcoin price fell below $67,000, representing a 3.76% drop in 24 hours
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Bitcoin Futures Close Lower on Monday, Ethereum Futures Rise
Bitcoin Futures Close Lower on Monday, Ethereum Futures RiseOn Monday (October 21st), at the close of trading in New York, the CME Bitcoin futures contract (BTC) settled at $67,825.00, down 1
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Bitcoin Reversal Falls Below $67,000, Market Panic Spreads, Liquidations Exceed $200 Million
Bitcoin Reversal Falls Below $67,000, Market Panic Spreads, Liquidations Exceed $200 MillionAfter reaching a high of $69,546 in the early morning yesterday, Bitcoin saw selling pressure emerge. It fell below $67,000 late last night and plunged close to the $66,500 level around 8:30 this morning, quickly falling below the low of October 17th before rebounding, again washing out a number of investors
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Approval of BlackRock's Bitcoin ETF Options: Impact on Bitcoin Price
Approval of BlackRock's Bitcoin ETF Options: Impact on Bitcoin PriceThe Securities and Exchange Commission (SEC) last month approved BlackRock's iShares Bitcoin Trust (IBIT) to list and trade options on the Nasdaq in the United States, marking a significant step towards bringing regulated Bitcoin options to the American market. While the majority of retail investors holding Bitcoin may not use this financial instrument directly, its availability in the U
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Bitcoin Could Hit $100,000 Sooner than Expected, Solana Could Surge 400% on Trump Win: Crypto Market Weekly Watch
Bitcoin Could Hit $100,000 Sooner than Expected, Solana Could Surge 400% on Trump Win: Crypto Market Weekly Watch Driven by institutional inflows, economic instability, and political uncertainty, Bitcoin could break through the $100,000 mark sooner than anticipated. Meanwhile, Solana could see a staggering 400% surge if Donald Trump wins the upcoming election, while events like Musk's million-dollar campaign participation and the launch of ApeChain are creating ripples in the market
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Bitcoin Surges Past $69,000 as Investors Bet on Improved Regulatory Environment After US Election
Bitcoin Surges Past $69,000 as Investors Bet on Improved Regulatory Environment After US ElectionBitcoin prices breached the $69,000 mark on Monday, reaching a multi-month high, fueled by investor optimism over improved regulatory conditions in the wake of the US presidential election and substantial inflows into exchange-traded funds (ETFs).As of 8:30 am Monday, Bitcoin was up about 1% at $69,372 (S$90,857), although it later retreated slightly but remained above $68,654 by 11 am
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Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation
Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation
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Bitcoin and Ethereum 4H Trend Analysis: Expected Pullback and Future Outlook
Bitcoin and Ethereum 4H Trend Analysis: Expected Pullback and Future OutlookBoth Bitcoin and Ethereum have shown strong upward momentum in recent trends, but they have now reached expected resistance levels, making a short-term pullback highly likely.Bitcoin 4H Analysis:Bitcoin has tested the resistance level around $69,600 today, and is currently in a state of pullback after encountering resistance
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Bitcoin ETFs Continue to Attract Funds, Is Ethereum ETF Inflow Reversing?
Bitcoin ETFs Continue to Attract Funds, Is Ethereum ETF Inflow Reversing?Last week, Bitcoin ETFs saw a surge in inflows, with a total of $2.13 billion flowing into the asset class, marking the second consecutive week of net inflows
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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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Bitcoin and Ethereum Futures Prices Decline
Bitcoin and Ethereum Futures Prices DeclineAs of the close of trading in New York on Thursday, October 17, the CME Bitcoin futures BTC main contract was trading at $67,050.00, down 1