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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
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BlackRock Embraces Digital Assets: A Bright Future for Bitcoin and Ethereum?
BlackRock Embraces Digital Assets: A Bright Future for Bitcoin and Ethereum?In the realm of digital currencies, Bitcoin and Ethereum stand out as two of the brightest stars. Larry Fink, CEO of BlackRock, recently made statements during the company's latest earnings call that have thrust these two digital assets back into the spotlight
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Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction Speeds
Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction SpeedsIn a recent blog post, Ethereum co-founder Vitalik Buterin explored several potential improvements to Ethereum's Proof-of-Stake model, aiming to reduce network usage costs and enhance overall speed. He argued that the current 32 ETH staking threshold hinders wider participation and proposed lowering it to 1 ETH
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Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%
Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%At the close of trading in New York on Monday, the CME Bitcoin Futures BTC front-month contract settled at $66,180.00, up 4
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Ethereum Price Surge: Historical Pattern Points to Potential New Highs?
Ethereum Price Surge: Historical Pattern Points to Potential New Highs?The cryptocurrency market has recently exhibited strong momentum, with Bitcoins robust rebound leading a shift in market sentiment. As the second-largest cryptocurrency, Ethereum has also shown signs of recovery, with its price surging nearly 5% in the last 24 hours, up about 10% from its recent lows, suggesting that the market may be at a crucial turning point
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The Public Chain Landscape is Shifting: Who Will Be the Next Investment Hot Spot?
The Public Chain Landscape is Shifting: Who Will Be the Next Investment Hot Spot?Do you think the public chain landscape is already settled? In fact, the situation is quietly changing. Although Ethereum remains the core of DeFi and NFTs, its high fees make its user experience somewhat weak