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Will whales help with Bitcoin reaching $28000?
As optimism in the cryptocurrency sector reignited, the price of Bitcoin soared to $27000, and there was a significant outflow of tokens on the exchange.Bitcoin soared to over $27000, sparking optimism in the cryptocurrency market
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Understanding Virtual Currency (10) - DOGE
DOGE, fully named Dogecoin, is a cryptocurrency that was originally a spoof and parody project on social media networks, but later developed into a cryptocurrency with a certain market value and community support. The following is a detailed explanation of DOGE:Development HistoryDogecoin was first created by two developers of Bitcoin, Billy Markus and Jackson Palmer, at the end of 2013
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Bitcoin has formed a narrow trading range at $26000 and may soon experience a trend change
Yesterday, there was another market trend with a smaller amplitude but similar to that of a painting door.The recent market performance has shown the following characteristics:1
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Bitcoin prices face a daunting task, and BTC is once again declining?
Bitcoin prices have attempted to rise again above the resistance level of $26500. However, BTC was unable to settle above $26700 and responded to the downward trend
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Has Bitcoin (BTC) prices remained stable and the market entered a consolidation state?
On Friday (September 8th), the price of Bitcoin (BTC) remained stable, and after some fluctuations at the end of August, the market seems to have entered a consolidation state.At present, the Bitcoin market lacks clear directional trends, but there is still a large amount of trading activity
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Coin An Zhao Changpeng: BNB Chain's decline continues! TVL reaches $2 billion!
With increasing regulatory pressure from Coin On and other global centralized financial (CeFi) service providers, the total lock-in value of the decentralized financial (DeFi) ecosystem on the BNB chain (formerly known as Coin On Smart Chain) has decreased by approximately $2 billion (TVL) since the beginning of the year. This decline has caused many problems
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What are the factors that can revive DOGE after experiencing a significant decline in whale trading?
Although the trading volume continues to grow, Dog Coin (DOGE) is still under strong pressure.According to the multiple positive on chain indicators displayed today, DOGE no longer seems to be the preferred option for the market whales
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Lower trading volume of Dogcoin: What factors may drive up the price of Dogcoin?
Despite the continuous increase in trading volume, Dog Coin (DOGE) is still subject to strong inhibitory forces.According to the latest on chain data indicators, DOGE seems to be no longer the focus of market whales
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Why halving Bitcoin (BTC) remains an important factor affecting Bitcoin prices
NYDIG stated that due to increasing concerns about economic recession and rising interest rates, BTC's performance in the third quarter was not surprising. But like previous cycles, the potential for halving remains strong
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Ethereum: Has the seller once again taken the lead?
Are Ethereum (ETH) bulls prepared to return control to the seller after prices are rejected by resistance levels? Despite facing selling pressure, bulls may still make a comebackEthereum (ETH) set out from a support level of $1619 in early October, but was quickly suppressed by short positions at a resistance level of $1745. According to AMBCrypto's price report released on October 6th, bulls may encounter major obstacles as they approach the $1750 price range
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The Ethereum Foundation just sold millions of ETHs before prices fell again
According to on chain data, the Ethereum Foundation sold 1700ETH to Uniswapdex earlier today for a transaction amount of 273800USDC. The average price of ETH sold this time is slightly lower than the current market price, with each ETH priced at $1611
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The recent situation of Bitcoin (BTC) is unpredictable, which is why it may fall by nearly 50%
If the economy enters a recession, Bitcoin may collapse, or the Fed's tough stance may lead to a long-term economic downturn, and Bitcoin may fall by more than 46% from its current value.Until the Federal Reserve starts increasing market liquidity to boost the economy, there will be no sustained bull market in Bitcoin