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Understanding the latest trend of memes in one article | Bedtime Story of Finance and Economics (May 7th, 2023)
Why are you following us Because we provide the most critical financial information!Why recommend it to friends Because good content cannot be enjoyed alone!Wen | Tibetan Sea Mo PeopleBased on market value, the largest meme coin, Dogcoin, is facing fierce competition from the emerging meme currency PEPE. This cryptocurrency has surpassed Dogdog Coin in terms of transaction volume and challenged the status of all Chaidog themed memes with its constantly increasing total market value
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ETH prices have risen by over 6% after a strong upward trend
TL; DR faultAfter establishing support at $1871, bulls took control of the ETH market.According to recent research, Ethereum market sentiment is optimistic
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Next, observe the price level of these Bitcoins as BTC fell by 3% during the turbulent weekend
Some rapid declines have failed to lift Bitcoin out of its familiar trading range, with one trader calling it "in an uncertain state".BitcoinOn May 6th, there were new fluctuations as low liquidity weekend trading tested the courage of its trading range
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Does Sui's launch represent the end of a layer1? ETH has finally become the dominant position in the public chain!
The Layer1 project that is currently receiving attention has basically come to an end after Sui goes online.The Ethereum Killer narrative that began in 1617 has come to an end (not that Layer1 projects are cool and will continue to emerge, but rather that Ethereum can no longer be replaced)After the birth of BTC, many so-called BitcoinKillers emerged, including BTC Diamonds, Zcash, ZEC, Monroe, and even Ethereum, all aimed at solving a certain problem with BTC
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Another crash! One day, 100000 people sold out 2.8 billion yuan, and Bitcoin fell below 20000 US dollars. What is the future trend of virtual currencies?
Edited by: Bi LumingSince the beginning of this year, the coin industry has been buzzing with thunder, continuously staging a super storm.On August 27th, the price of Bitcoin plummeted sharply, dropping nearly $900 during the day, reaching a low of $19931, the highest point since April 14th at $64900 this year, a drop of over 69% and a new low since July 14th
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What happened? The "World's Largest Digital Currency Exchange" suspended US dollar bank transfers
The chain effect caused by FTX thunderstorms is far from over.On Monday local time, the world's largest cryptocurrency exchange, Coin An, announced that it will suspend US dollar bank transfer services starting from Wednesday, without specifying the specific reason
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Is the upward trend of Ethereum's (ETH) pending withdrawals on the rise?
The long-awaited updates for Ethereum Shanghai and Capella were officially launched at 6:30 am Eastern Time yesterday. The smooth progress of the hard fork is the first major upgrade of the agreement since the "merger" on September 15, 2022
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Bitcoin and Gold: Google Trends Dramatic Increase in Search Volume
Google Trends shows a significant increase in search volume for gold and Bitcoin, partly due to various banking crises in the United States.Bitcoin and Gold: Search Engine Queries on How to Buy Them IncreaseAccording to Google Trends' 90 day statistics, people's interest in gold and Bitcoin seems to be rapidly increasing
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Coin security spot trading has been suspended due to issues, and the cryptocurrency market has plummeted in response
Coinance, the world's largest cryptocurrency exchange, has malfunctioned and its spot order book data has not been updated for a long time. Coin An stated on its social media platform that there is an issue affecting Binance's spot trading
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The Doge icon on Twitter's main interface sends the price of Dogcoin to the sky
Today, Twitter users noticed that the famous Doge image was added to a prominent location. You can see it firsthand on Twitter
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After upgrading and merging, Bitcoin and Ethereum have experienced a sharp decline, but have not emerged from independent markets
Reporter | Si LinweiAfter the successful upgrade of "Merge", which is closely watched by the entire network, the cryptocurrency market, including Ethereum, has not been able to break out of its independent market.On September 20th, the latest market data showed that Ethereum's current quotation reached $1360, a weekly drop of 20%; Bitcoin also fell to the critical $20000 level, quoting $19312, a weekly decline of 13
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Ethereum Rainbow Chart has set ETH prices for the end of 2023
After the upgrade of Shanghai and Capella (collectively known as Shapella), Ethereum (ETH) cancelled its pledge for the first time since its launch in December 2020. Its price exceeded the psychological threshold of $2000 and remained stable, allowing investors to try to measure its future trendFor this reason, some cryptocurrency traders useBlockchain Center's EthernetFang Caihong's price chart tracks the historical trend of digital assets relative to various moving averages (MAs), which may help identify certain trends and enable people to make investment decisions