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L2s Are Becoming the New "Old" L1s: Why Ethereum's Price Is Stagnant and the Changing Competitive Landscape
L2s Are Becoming the New "Old" L1s: Why Ethereum's Price Is Stagnant and the Changing Competitive LandscapeDid Ethereum win the L1 war? It seems the answer is no. This is one of the main reasons for Ethereum's stagnant price
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Dogecoin Sell-off: Price Plummets as Investors Turn to Other Cryptocurrencies
Dogecoin Sell-off: Price Plummets as Investors Turn to Other CryptocurrenciesDogecoin, once a frontrunner in the cryptocurrency space, is facing a turbulent period. Its prolonged price stagnation, failing to deliver the expected returns to investors, has led to a mass sell-off
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Bitcoin Hits New High, Ethereum and Other Cryptocurrencies Soar
Bitcoin Hits New High, Ethereum and Other Cryptocurrencies SoarBeijing Business Daily (Reporter Yue Pinyu, Dong Hanxuan) October 15th - Bitcoin prices continued to rise today. As of 1:08 pm, Bitcoin was trading at $65,513
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BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags Behind
BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags BehindBitcoin (BTC) broke through its previous high of $66,500 this morning, hitting a new high for this phase but still remains within a triangular convergence area. The upper resistance level is at $67,200
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Bitcoin Breaks Above $64,000: Bull Run to Continue?
Bitcoin Breaks Above $64,000: Bull Run to Continue?The price of Bitcoin (BTC) recently broke above the $64,000 mark, rising 1.89% in the past 24 hours
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Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish Sentiment
Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0
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BlackRock CEO Fink Admits Error on Bitcoin View as its Bitcoin ETF Trading Hits Record High
BlackRock CEO Fink Admits Error on Bitcoin View as its Bitcoin ETF Trading Hits Record HighThe world's largest asset manager, BlackRock (NYSE: BLK), which manages a staggering $13 trillion in assets, has seen its CEO, Larry Fink, admit his views on Bitcoin were wrong. On October 14, 2024, BlackRock's Bitcoin (BTC) strategy reached new heights as the company's spot Bitcoin ETF crossed $1
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Bitcoin Breaks Above $64,000 Resistance, Can It Break Out?
Bitcoin Breaks Above $64,000 Resistance, Can It Break Out?Bitcoin is attempting to break out of a descending parallel channel it has been stuck in for months. After a prolonged struggle, Bitcoins price has finally climbed above $61,000 once again
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Cryptocurrency stocks surge pre-market, Bitcoin breaks $68,000
Cryptocurrency stocks surge pre-market, Bitcoin breaks $68,000October 16, pre-market gains in US-listed cryptocurrency stocks expanded. CleanSpark rose nearly 5%, MARA climbed over 4%, MicroStrategy and Coinbase gained over 3%
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ETHPOW (ETHW) in the Era of PoS: Opportunities and Challenges
ETHPOW (ETHW) in the Era of PoS: Opportunities and ChallengesEthereumPOW (ETHW), a continuation of Ethereum's (ETH) Proof-of-Work (PoW) consensus mechanism, retains the decentralized and secure advantages of PoW, while inheriting ETH's technological innovations and ecosystem. However, with the rise of PoS networks, ETHW faces challenges in areas like performance, efficiency, vision, organization, and funding
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Grayscale Seeks to Convert Diversified Crypto Fund into ETF, Including Bitcoin, Ethereum, and Solana
Grayscale Seeks to Convert Diversified Crypto Fund into ETF, Including Bitcoin, Ethereum, and SolanaGrayscale Investments has filed an application with the U.S
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History Repeating Itself: Can Dogecoin Ride Bitcoin's Wave Again?
History Repeating Itself: Can Dogecoin Ride Bitcoin's Wave Again?Dogecoin (DOGE) has recently demonstrated a strong upward trend, with its active trader count reaching an all-time high and on-chain data revealing its potential for gains. Does this recent surge signal a potential repetition of Dogecoin's past performance, where it mirrored Bitcoin's price movements and experienced significant growth?Dogecoin Trading Volume and Active Trader Count SurgeFollowing its peak of $0