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Bitcoin Bullish Signals Strong, CryptoQuant Analyst Predicts Continued Price Rise
Bitcoin Bullish Signals Strong, CryptoQuant Analyst Predicts Continued Price RiseFollowing last week's announcement by the Federal Reserve (Fed) of a significant 2-point (50 basis points) rate cut, the cryptocurrency market has witnessed a continued rebound. The US Bitcoin Spot ETF has also seen continuous net inflows in recent days
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AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple Catalysts
AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple CatalystsArtificial intelligence-related cryptocurrencies spearheaded a rally in the crypto market on Monday, with altcoins outperforming Bitcoin (BTC). The native tokens of first-layer blockchain Near (NEAR) and decentralized computing platform Render (RNDR) jumped 18%-20% in the past 24 hours, topping the gains in the CoinDesk 20 index, which rose 1
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Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?
Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market
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Crypto Market Rebound Gaining Momentum, Bitcoin, Ethereum, and XRP Eyeing New Highs
Crypto Market Rebound Gaining Momentum, Bitcoin, Ethereum, and XRP Eyeing New HighsThe cryptocurrency market is showing a strong rebound, and market participants are poised to break historical and 52-week highs. The price movements of Bitcoin, Ethereum, and XRP in this rally suggest significant changes in the market
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Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in Response
Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in ResponseOn September 18, Federal Reserve Chair Jerome Powell addressed reporters in Washington. The Fed announced a 50 basis point reduction in its benchmark interest rate range, bringing it to 4
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Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency Security
Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency SecurityThe recent cracking of the Bitcoin 66-bit puzzle, launched in 2015, has exposed security vulnerabilities in the cryptocurrency space, reminding individuals to strengthen their security measures. Intended as part of a series of cryptographic challenges to showcase the robustness of Bitcoin cryptography, the puzzle inadvertently revealed potential risks, sending a wake-up call to the entire industry
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Bitcoin Consolidates, Ethereum Breaks Out, $139 Million Liquidated in Crypto Market: Altcoin Opportunities Emerge?
Bitcoin Consolidates, Ethereum Breaks Out, $139 Million Liquidated in Crypto Market: Altcoin Opportunities Emerge?Bitcoin traded sideways near $63,000 yesterday (20th) until it briefly broke through $64,000 after the Bank of Japan announced to maintain interest rates unchanged around 11 am. However, selling pressure quickly emerged, pushing the price back down to around $63,000, retesting the $62,964 support level
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Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to Grow
Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to GrowAmerican online brokerage Robinhood (NASDAQ: HOOD) released its Q3 2021 earnings on October 27th. The report showed that Robinhood's total net revenue reached $365 million, a 35% year-over-year increase
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Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto Climate
Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto ClimateAnthony Scaramucci, a well-known Wall Street hedge fund manager, recently predicted that Bitcoin could reach a staggering new all-time high of $100,000 by the end of this year. This prediction is based on the anticipated Federal Reserve rate cut cycle and the increasing likelihood of favorable crypto regulations from the US government, particularly after the November US presidential election
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Musk's Tweet Shakes Crypto Market: Wild Volatility Rocks the Industry
Musk's Tweet Shakes Crypto Market: Wild Volatility Rocks the IndustryOn Friday, September 13th, the cryptocurrency market experienced a wild ride, with Bitcoin hovering around the $58,000 mark and Dogecoin retreating slightly after touching $0.1032
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Cryptocurrency Market Watch: Mainstream Coin Market Analysis & Trading Strategy
Cryptocurrency Market Watch: Mainstream Coin Market Analysis & Trading StrategyWith the market's fluctuations this week, the overall market has shown a small-scale bullish rebound. Let's review last week's market and look ahead to the future trend of mainstream coins to formulate our trading strategy
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Will the Ethereum Bull Run End in 2025? Crypto KOL Warns of Potential ETH Price Drop
Will the Ethereum Bull Run End in 2025? Crypto KOL Warns of Potential ETH Price DropProminent crypto KOL Lark Davis, in a YouTube video released on September 9th, stated that the current crypto market cycle will likely peak in 2025 and advised selling and exiting at that time. He believes that the global liquidity cycle will reach its peak in 2025, followed by a decline