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Non-farm Payroll Data Looms Large: Can Bitcoin Hold $56,000?
Non-farm Payroll Data Looms Large: Can Bitcoin Hold $56,000?The ADP report released last night showed a meager increase of less than 100,000 jobs, marking the fifth consecutive month of slowing growth. This further confirms a cooling employment market and bodes well for a Fed rate cut
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Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market Confidence
Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market ConfidenceAccording to Odaily Planet Daily, CryptoQuant analyst Amr Taha noted: "The realized market cap of long-term holders has exceeded $10 billion for the first time." This data signifies that this group has collectively spent $10 billion to acquire BTC, and this metric considers the last sale price of each BTC
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Ethereum's $2,860 Support Holds Strong, Deribit Predicts Rise to $4,500
Ethereum's $2,860 Support Holds Strong, Deribit Predicts Rise to $4,500August 1st, 2023 - Crypto derivatives exchange Deribit, in a recent report, stated that Ethereum's solid $2,860 support level suggests a potential surge to $4,500. The report highlights that the $2,860 support has withstood multiple tests since July 5th, with market focus currently centered on Ethereum
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Morgan Stanley Enters Bitcoin Spot ETF, Ethereum Rebound, XRP Holds Key Support
Morgan Stanley Enters Bitcoin Spot ETF, Ethereum Rebound, XRP Holds Key SupportMorgan Stanley Advisors will begin offering a Bitcoin spot exchange-traded fund (ETF) to its clients starting Wednesday, August 7, a move that has sparked significant market interest. Meanwhile, Bitcoin has broken through the $57,000 mark, Ethereum is poised to return to $3,000, and XRP is holding strong above $0
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BlackRock ETF Holdings Surpass Grayscale, ETH Short-Term Trend Analysis
BlackRock ETF Holdings Surpass Grayscale, ETH Short-Term Trend AnalysisOn August 16, according to Arkham monitoring, BlackRock's ETFs IBIT and ETHA surpassed Grayscale's ETFGBTC, BTCMini, ETHE, and ETHMini in on-chain holdings. BlackRock ETFs are now the largest in terms of holdings among all ETF issuers, holding approximately $21,217,107,987 worth of ETH and Bitcoin
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Ethereum: Still Holds Enormous Potential Despite Recent Underperformance
Ethereum: Still Holds Enormous Potential Despite Recent UnderperformanceWhile Ethereum's recent market performance has fallen short of expectations, many experts remain bullish on its future prospects. Since the beginning of 2023, ETH has significantly underperformed SOL, and has fallen 47% against BTC over the past two years
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Morgan Stanley's Second-Quarter Holdings Exposed: Increased Stakes in Apple and Microsoft, New Position in Bitcoin ETF
Morgan Stanley's Second-Quarter Holdings Exposed: Increased Stakes in Apple and Microsoft, New Position in Bitcoin ETFMorgan Stanley recently filed its Form 13F with the Securities and Exchange Commission (SEC), disclosing its holdings as of June 30, 2024. The report shows that the fund's total market value of holdings was $1
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Goldman Sachs and Morgan Stanley Significantly Increased Bitcoin ETF Holdings in Q2, Reflecting Institutional Investor Interest
Goldman Sachs and Morgan Stanley Significantly Increased Bitcoin ETF Holdings in Q2, Reflecting Institutional Investor InterestMorgan Stanley also demonstrated interest in BlackRock's iShares Bitcoin ETF, disclosing ownership of 5.5 million shares, valued at $188 million
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Bitcoin holder behavior and market fluctuation analysis
Bitcoin holder behavior and market fluctuation analysisBitcoin holder recent behavior trends reveal new trends in market conditionsThe phenomenon of "AReturntoHODLing" has emergedAs the market starts to slowly recover from the selling in the past week, uncertainty among digital asset investors has increased, leading to the emergence of clear HODLing and accumulation trends. When analyzing the chain-related reactions to these volatile market conditions among investors, a tendency towards holding has started to emerge
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Bitcoin Holds Firm Above $60,000, Fueling Altcoin Surge
Bitcoin Holds Firm Above $60,000, Fueling Altcoin SurgeBitcoin continues to hold strong above the $60,000 mark, injecting robust momentum into the entire cryptocurrency market. Recent easing of geopolitical tensions and a rebound in financial markets have further solidified Bitcoin's dominant position
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Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly Unfazed
Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly UnfazedGrayscale Investments updated its holdings data for its Bitcoin and Ethereum-related funds on August 12th. Data shows that the Grayscale Bitcoin Trust (GBTC) holdings decreased to 232,333
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Bitcoin Long-Term Holders Remain Committed: What Investment Opportunities Lie Within Market Fluctuations?
Bitcoin Long-Term Holders Remain Committed: What Investment Opportunities Lie Within Market Fluctuations?Recently, despite heightened market volatility and mounting selling pressure, a new report from Glassnode reveals that Bitcoin long-term holders (LTHs) continue to accumulate, with their holdings reaching historical highs. This unwavering HODL mentality and reduced selling intentions could provide strong support for BTC prices and spark market expectations about future trends