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Base's Rise: Coinbase's L2 Network Overtakes Arbitrum as Ethereum Ecosystem Leader
Base's Rise: Coinbase's L2 Network Overtakes Arbitrum as Ethereum Ecosystem LeaderBase, the Ethereum Layer-2 scaling solution launched by cryptocurrency exchange Coinbase, has exhibited remarkable growth in the past two months, positioning itself as a frontrunner in the race for dominance within the Ethereum ecosystem. Data from IntoTheBlock reveals that Base's transaction volume has surged significantly over the past two months, capturing 40% to 60% of all transactions, surpassing Optimism and Arbitrum
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Bitcoin Rebounds After Correction, Ready for a Surge! Altcoins Diverge, Local Hotspots Emerging!
Bitcoin Rebounds After Correction, Ready for a Surge! Altcoins Diverge, Local Hotspots Emerging!Around 11 PM on Sunday (13th), Bitcoin experienced a notable decline after three consecutive days of gains, dipping as low as $62,050, momentarily triggering market panic. However, bulls swiftly countered, pushing Bitcoin prices back above $63,000, showcasing a dynamic battle between bulls and bears
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Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?
Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?Bitcoin's price has been fluctuating wildly recently, leaving investors on edge. What factors are driving the price volatility? Why did Bitcoin fail to rebound after the release of US inflation data? What lies ahead for Bitcoin? This article delves into these questions, providing readers with a clearer analysis
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Bitcoin futures gained nearly 6% in the week, Ethereum futures also rose
Bitcoin futures gained nearly 6% in the week, Ethereum futures also roseOn Friday (October 11), at the closing bell in New York, the CME Bitcoin futures contract BTC settled at $63,280.00, up 5
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The Mystery of Satoshi Nakamoto: Key to Bitcoin's Success?
The Mystery of Satoshi Nakamoto: Key to Bitcoin's Success?In this fast-paced era, the term Bitcoin is familiar to almost everyone. As the "gold" of the digital world, its mysterious creator, Satoshi Nakamoto, remains shrouded in secrecy
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Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to Watch
Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%
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Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle Interest
Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle InterestDespite a recent liquidation of $2.5 billion worth of futures contracts, leading to a reduction in positions for some traders, Bitcoin's open interest has seen a significant surge, now exceeding $19 billion
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Bitcoin Breaks $75K-$80K: Dawn of Opportunity, Hidden Risks
Bitcoin Breaks $75K-$80K: Dawn of Opportunity, Hidden RisksThe Bitcoin [BTC] price chart suggests a potential shift in market structure, potentially breaking out of the $50K$72K price range thats held since March. Analyst StockmoneyLizards predicts this breakout could occur within two weeks, and if the recent dip below $60K is confirmed as a higher low, BTC could rally towards $75K-$80K
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Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull Run
Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull RunDespite a nearly 25% surge in Bitcoin's price in September, rising from $53,000 to $66,000, the Bitcoin futures basis and funding rate have remained relatively stable, exhibiting no significant fluctuations. This contrasts with previous price rallies, which typically saw a considerable increase in funding rates and basis
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"Cold Knowledge" about Bitcoin: Unveiling the Secrets Behind Digital Currency
"Cold Knowledge" about Bitcoin: Unveiling the Secrets Behind Digital CurrencyBitcoin, the earliest cryptocurrency, has become an iconic presence in the digital currency realm since its inception in 2009 by the mysterious figure Satoshi Nakamoto. It has not only revolutionized the financial sector but also sparked a wave of decentralization
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Bitcoin Bull Run: Outpacing Wall Street's Frenzy
Bitcoin Bull Run: Outpacing Wall Street's FrenzyWhile the S&P 500 has rallied 60% over the last two years, Bitcoin has far outpaced that record, posting an even larger gain. The U
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Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?
Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th