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Bitcoin: From "Stupid Consensus" to Global Digital GoldBitcoin, the "digital gold" born in the age of the internet, has had a dramatic journey from an initially unpromising "stupid consensus" to a globally recognized investment asset. Its decentralized nature, limited supply, and ever-growing value have attracted countless investors and technology enthusiasts

Bitcoin Analyst Predicts $45,000 Bottom, Ushering in "Biggest Bull Cycle Ever"Crypto entrepreneur Michal van de Poppe predicts that Bitcoin will enter a bull market lasting at least two years after undergoing a "final correction." He believes that the price of Bitcoin will bottom at $53,000 and eventually break through, initiating a new bull run

Huobi HT and OKB Surge, Can Binance BNB Hold Its Ground?Recently, Bitcoin has been experiencing a pullback and consolidation, leading to a general decline in the market. However, Huobi HT and OKB have emerged as standouts, exhibiting strong upward momentum and becoming a bright spot in the market

Bitcoin Dip in September? "Uptober" is Coming!Despite the cryptocurrency hitting a new low this month, reflecting Wall Streets September Effect, better days are ahead. Historically, September has been a rough month for the U

Pingzhi Information Response: Company-produced Servers Cannot Be Used for Bitcoin MiningOn September 8th, an investor inquired on an interactive platform about whether the AI servers produced by Pingzhi Information could be used for Bitcoin mining. In response, Pingzhi Information stated that the company's servers cannot be used for Bitcoin mining

Cryptocurrency Market Plunges! Bitcoin Drops Below $54,000, Investor Panic IntensifiesThe cryptocurrency market has once again suffered a major setback, with Bitcoin dropping over 4% and currently trading below $54,000. Ethereum, the second-largest cryptocurrency, has fallen over 6%

Blockchain and Bitcoin: Decrypting the Technological Revolution Behind Digital CurrencyAre you confused about blockchain and Bitcoin? What are they exactly, and how are they related? This article will take you deep into understanding these two concepts, unveiling their mysteries.I

Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed MeetingOn September 6th at 20:30 EST, the US Department of Labor released the highly anticipated August non-farm payroll report. The data revealed that the US's seasonally adjusted non-farm employment growth was lower than expected, sparking market expectations that the Federal Reserve might continue raising interest rates in the future

Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term TrendLast night's Non-Farm Payroll data came in below expectations, indicating a less-than-stellar US economy. This increases the likelihood of a rate cut, which is generally positive for the financial markets

Is Ethereum underperforming? VanEck executive defends its strong economic modelAmidst growing criticism of the Ethereum blockchain and its underwhelming performance this year, Matthew Sigel, Head of Digital Assets at VanEck, has come out in defense of the network, citing its robust economic model. Even after the launch of a spot Ethereum ETF in July 2024, ETH price has been criticized for failing to attract enough interest

Bitcoin Plunges Over 7%, Breaking Below $52,900: Weak US Job Data, Institutional Outflows, and Miner Selling Pressure IntensifyBitcoin (BTC) price experienced a significant drop on September 7, plummeting over 7% and breaking below $52,900 for the first time since late July. This sharp decline has sparked widespread concern among investors and cryptocurrency enthusiasts, with many speculating about Bitcoin's next move

Bitcoin Plunges Below $54,000, US Stocks Suffer Major Losses as Market Volatility IntensifiesAccording to Coinglass data, Bitcoin has dropped over 4%, breaking below the $54,000 mark, while Ethereum has seen an even steeper decline of over 6%. In the past 24 hours, over 86,000 traders have liquidated their positions in the cryptocurrency market