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Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's CorrectionAugust was undoubtedly a tough month for the crypto market, with Bitcoin (BTC) experiencing a 30% correction, from its high of $70,000 to a low of around $49,000. However, analysts predict that the decline below $50,000 may mark the bottom of the correction, with improvements expected in the final quarter of 2024

Top Crypto Pros: How to Stay Unfazed by Short-Term Fluctuations?BTC hit resistance today, with a relatively small overall drop, currently remaining at a high level. After falling from its peak to around 57,000, it quickly rebounded to near 60,000

Cryptocurrency Millionaires Surge as Bitcoin ETFs Fuel Market BoomAs of August 2024, the number of cryptocurrency millionaires worldwide has increased by 95% year-over-year, reaching 172,300 individuals. Notably, the number of individuals holding over $1 million in Bitcoin assets has grown by 103% to 85,400

Number of Cryptocurrency Millionaires Soars 95%, Bitcoin Leads the Charge!As of August 2024, the global number of cryptocurrency millionaires has surged by a remarkable 95% year-on-year, reaching 172,300 individuals. Among them, the number of individuals holding over $1 million in Bitcoin assets has witnessed a 103% increase, reaching 85,400

The Bitcoin President: Trump and the Political Game of CryptocurrenciesThe 2024 US presidential election has seen an unexpected player take center stage cryptocurrencies. Republican presidential candidate Donald Trump has released a video on social media, declaring his intention to make America the "crypto capital of the world" and branding himself as the "Bitcoin President

Bitcoin Shows Signs of Recovery, Cryptocurrency Market Demonstrates StrengthAccording to BlockBeats, September 3rd, crypto market analytics firm Santiment stated that Bitcoin exhibited signs of recovery as the S&P 500 index was paused due to the Labor Day holiday in the US. Santiment noted that Bitcoin's growth, independent of stock market trends, indicates a strong inherent strength within the cryptocurrency industry

Bitcoin ETF Leads Capital Inflow, Crypto Market Shows Signs of Recovery: Latest Industry UpdatesThirteen out of the top 25 ETFs launched in the US this year are related to Bitcoin or Ethereum, with four spot Bitcoin ETFs taking the top four spots on the list of ETFs attracting the most capital inflow in the US this year. Nate Geraci, President of TheETFStore, said on social media, "Out of approximately 400 new ETFs listed in the US this year, the top four in terms of year-to-date capital inflow are all spot Bitcoin ETFs

The Cryptocurrency Market Plunges, Bitcoin Falls Below $57,000, Can a Fed Rate Cut Save the Day?The cryptocurrency market has gotten off to a rough start, with the total value plunging nearly $200 billion in the past 24 hours to around $2.03 trillion

From Internet Meme to Crypto Superstar: The Dogecoin SagaIn the world of cryptocurrencies, Dogecoin is undoubtedly one of the most legendary. It started as a joke but has evolved into a multi-billion dollar market phenomenon

The Rise of Crypto Wealth: Surge in Crypto Millionaires in 2024, Investment Migration Programs Emerge as Key DrawThe cryptocurrency market has been struggling to regain its bullish momentum in the past six months, but the persistent question of "when higher" overshadows the remarkable growth already recorded in 2024, as evidenced by Henley&Partners' "2024 Crypto Wealth Report." The report, which includes "exclusive statistics on cryptocurrency and Bitcoin (BTC) millionaires, centi-millionaires, and new world wealth billionaires," found that between July 1, 2023, and June 30, 2024, the number of cryptocurrency millionaires increased by 95%, while the number of Bitcoin millionaires surged by 111% to reach 85,400

Major Crypto Market Analysis: Wait and See, Patience is KeyBTC, as mentioned in the previous article, encountered resistance at $65,000 and retreated to near the lower boundary of the rising channel on the right. If it continues to fall and breaks below $62,000, there is a risk of a breakdown

Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?Nvidia's recent earnings report, eagerly awaited by the global market, revealed sales and earnings exceeding expectations. However, the stock price plummeted by 5% after the announcement, highlighting the "good news is bad news" phenomenon