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With (HDUP) and (DOE) following closely, (SHIB) has achieved a record number of new holders
In recent months, there has been some positive momentum in the cryptocurrency world. With all the enthusiasm, cryptocurrency advocates are starting to get excited, especially on projects such as ShibaInu (SHIB)
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37 billion dog currency holdings in danger: price levels that investors should pay attention to
Is the future of dog coins in danger? If the price of DOGE hovers around $0.745 per token, there will be over 30 billion tokens on the brink of losing their positions
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What is Musk, who lost his title as the world's richest man after his Twitter logo turned into a dog's head?
Interviewee Hao Fuman is the Director of the Institute of East Asian Studies at the National University of Singapore and former Director of the China Bureau of the World Bank. This article was transferred from First Financial on April 4th
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Is Ethereum Strong and Dogs Joining Hands to Launch a New Market?
The current trend of ETH is stronger than that of BTC. At this time, only the market's attention needs to be focused on the ETH sector, such as LDO/OP/ENS/SSV and ETC
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Safer and more environmentally friendly? What does Ethereum merger mean?
Amidst the anticipation of PC players, Ethereum's merger operation has finally arrived late, a full year behind Ethereum's initial timetable. After the merger is completed, Ethereum's ETH will shift from PoW to PoS, officially freeing itself from hardware dependence
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How does Ethereum record a significant increase in gasoline costs as meme transactions increase
In the past week, several traders have participated in trading ETH for meme tokens. As a result, the usage of gas has surged, bringing considerable revenue to blockchain
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Will the Bitcoin Bull Market Come Next Year? How high will it go? 50000, 100000 or 1 million US dollars?
Recently, with the price of Bitcoin exceeding $31000, the cryptocurrency market has been fully activated.According to market data, driven by the positive upgrade of Ethereum in Shanghai, Bitcoin rose to $31043 on April 14th, with Ethereum reaching a maximum of $2157.However, since then, the market has entered a significant downward trend. As of writing, the price of Bitcoin is $27475 and the price of Ethereum is $1842, and the market is still in a clear downward trend.Although the current market trend is in a downward trend,However, this round of rise still laid the foundation for cryptocurrencies to completely break free from the bear market cycle and provided optimism for subsequent market developments.At present, it is widely believed in the market that the cryptocurrency bull market has gradually started, especially with only one year left for Bitcoin's fourth halving and the traditional financial market facing a recession. Two major positive factors will drive the bull market to arrive early: 1、 According to the halving of Bitcoin and the bull market pattern, cryptocurrencies will usher in a new bull market next year.The halving cycle of Bitcoin is four years. The last halving occurred on May 12, 2020, and it is expected that the next halving may occur between March 2024 and June 2024. 2、 Traditional financial markets may face recession, providing a broader basis and logic for cryptocurrencies to rise.Federal Reserve policymakers expected a mild recession later this year at their March meeting, followed by a recovery in the next two years. This is the first time since 2020 that the Federal Reserve has publicly stated its expectation of a recession.The leading indicator index of the World Federation of Large Enterprises also shows that an economic recession is approaching.Justyna Zabinska LaMonica, senior manager of business cycle indicators, a think-tank, said that it was expected that the economic weakness would intensify and expand in the coming months, leading to a recession from the middle of 2023.With the view that the bull market has already started, market predictions for Bitcoin prices next year are also emerging one after another. According to market information, there are currently three main types of market predictions for Bitcoin prices: 1、 Bloomberg analysts predict that Bitcoin prices will reach $50000 in April next year.Bloomberg industry research analyst Jamie Douglas Coutts said that based on previous cycles,The upcoming halving of Bitcoin is currently reflected in approximately 50% of market quotes。 Coutts prediction,By April 2024, Bitcoin may reach $50000
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Bitcoin (BTC) Christmas rally is over! Fluctuating up and down, but setting a 13 year market quotation record
As 2022 draws to a close, Bitcoin will usher in 13 consecutive years of record market prices. Historical records show that in these 13 years, there will be a "Christmas rise" in December of 7 years, and a negative return in December of 5 years