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Ethereum: More Than Just Cryptocurrency, a Global Distributed Computer
Ethereum: More Than Just Cryptocurrency, a Global Distributed ComputerWhile the terms Bitcoin and Ethereum are often mentioned together, they are actually very different. The only thing they have in common is that they are both crypto assets built on blockchain technology
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Global Financial Markets See Muted Activity on Good Friday, US Dollar Index Retreats After Core PCE Data Release
Market Overview In observance of Good Friday, financial markets in Europe and North America remained closed, while energy, precious metal, foreign exchange, equity index, and US Treasury futures trading at the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) were suspended for the entire day. Activity in the foreign exchange market was relatively subdued during the quiet holiday period
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Bitcoin (BTC) recovery drives global cryptocurrency market value up 3.8%
Bitcoin has sparked a market wide recovery movement, leading to a 3.8% surge in the global cryptocurrency market value, and with increasing purchasing power, trading volume has surged
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Bitcoin prices soared to $38000 and then plummeted by 6%, resulting in a global exposure of $500 million!
Last night, after soaring to $38000, the price of Bitcoin suddenly plummeted by 6%, reaching a minimum of $35600 and currently fluctuating around $36000.Meanwhile, Ethereum quickly climbed to $2100 due to BlackRock's submission of Ethereum's spot ETF application to the SEC
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Global money market turmoil, Bitcoin hit a new high, central bank announced strengthened regulation
November 7, 2023: The global money market has recently experienced a round of intense turbulence, with Bitcoin prices once again reaching historic highs. At the same time, central banks around the world have announced strengthening regulatory measures for digital currencies
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Analysts say that Bitcoin's resilience supports the claim of hedging against global turmoil
As global turmoil escalates and macroeconomic uncertainty increases, analysts tell TheBlock that the value of Bitcoin is becoming increasingly apparent.Bitcoin is more user-friendly, stable, and globalized than some local currencies, especially in terms of geopolitical conflicts and sanctions
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Global turmoil highlights the value of BTC: Bitcoin once again surpasses 27000! Does Ethereum continue to oscillate?
The price of Bitcoin (BTC) continued to fluctuate in a narrow range over the weekend for two days. After accumulating energy, it once again broke through $27000 this morning (16th), reaching a maximum of $27293, with a rise of 1
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Global Recognition and Future Prospects of Bitcoin
Bitcoin, as a decentralized digital asset, is gradually moving towards global recognition. More and more people are beginning to realize the value and potential of Bitcoin
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September 2023: Bitcoin Rises Against the Trend! Outstanding performance in the global market crash attracts attention
Bitcoin rose in September, while many traditional assets suffered significant losses, highlighting the diversified nature of cryptocurrencies. The pressure on the global market seems to be due to rising government bond yields and rising oil prices
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Heavyweight: BTC will eventually become a global reserve asset alongside US bonds and gold
Recently, during our communication with our friends, we found that some of them have doubts about a report by the Bank for International Settlements (BIS) stating that "cryptocurrencies themselves have not yet proven their value." Here, we will briefly explain our personal understanding
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Global Market: New Exchange Backed by Wall Street Giants Launches Bitcoin for $28000
On June 21st, Cailian News Agency (Editor Shi Zhengcheng): With the S&P 500 index experiencing 5 consecutive weeks of gains and the Nasdaq rising for 8 consecutive weeks, the US stock market also showed a state of adjustment this week, with all three major indices closing down on Tuesday.Of course, there is another reason for Tuesday's adjustment
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Crash! The global virtual currency sell-off, and the "Lehman crisis" in the currency circle? Bitcoin once fell below $19000, putting 1.7 million user giants on the brink of danger
The virtual currency selling storm is still ongoing.On the afternoon of June 18th, Bitcoin briefly fell below $19000 per coin, continuing to hit a new low since December 2020