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Bitcoin and Ethereum Futures Rise in New York Close on Monday
Bitcoin and Ethereum Futures Rise in New York Close on MondayCME Bitcoin futures (BTC) closed at $57,265.00 on Monday (September 9), up 6
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Frequent Dogecoin On-Chain Transfers, Price Fluctuation Risks Worth Noting
Frequent Dogecoin On-Chain Transfers, Price Fluctuation Risks Worth NotingData from Tokenview.com shows that there were 1,626 large transfers of DOGE exceeding 1,000,000 DOGE yesterday, a 4
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Ethereum Price Rebounds: Bear Trap or Long-Awaited Bull Run Return?
Ethereum Price Rebounds: Bear Trap or Long-Awaited Bull Run Return?While heightened tensions in the Middle East dragged Ethereum prices down sharply over the weekend, technical analysis suggests the market might be brewing a rebound. On the daily chart, Ethereum prices have formed a large bullish flag pattern, with the recent dip briefly pushing prices below the $3,000 support level
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Has Ethereum's Roadmap Gone Off Track? Max Resnick on the Importance of Ethereum L1
Has Ethereum's Roadmap Gone Off Track? Max Resnick on the Importance of Ethereum L1Max Resnick is an Ethereum researcher and member of the Special Mechanisms group (@specialmech). In a recent episode of the Bankless podcast, he expressed views that diverged from the mainstream, sparking a discussion about whether Ethereum's roadmap has strayed from its original course
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Bitcoin ETF Outflows Weigh on BTC Price
Bitcoin ETF Outflows Weigh on BTC PriceThe US Bitcoin spot exchange-traded fund (ETF) has witnessed its longest streak of daily net outflows since the beginning of the year, indicating a broader retreat from risk assets in the US. According to Bloomberg data, investors withdrew close to $1
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Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term Optimism
Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term OptimismRecently, the global financial market has been shrouded in the gloom of a looming US recession. The release of the US PMI index, which has fallen into contraction territory for two consecutive months, coupled with the "Black Thursday" event on August 5th, has fueled panic among investors to sell off risk assets
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Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm Payrolls
Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7
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Bitcoin: From "Stupid Consensus" to Global Digital Gold
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
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September 2024: Typhoons, Disasters, War, and Market Fluctuations, the World Moves Forward in Turmoil
September 2024: Typhoons, Disasters, War, and Market Fluctuations, the World Moves Forward in TurmoilSeptember 2024 has been a month of turmoil and unrest around the world. From Typhoon "Capricorn" hitting Wenchang, Hainan, to the bizarre incident of a woman in Heilongjiang hiring a friend to boil traditional Chinese medicine, leading to the friend's death from carbon monoxide poisoning, and from the plummeting of Bitcoin and the sharp drop in US stocks to the escalating Russia-Ukraine war, various events have intertwined, making people sigh at the unpredictability of life
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Pingzhi Information Response: Company-produced Servers Cannot Be Used for Bitcoin Mining
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
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Blockchain and Bitcoin: Decrypting the Technological Revolution Behind Digital Currency
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
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Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term Trend
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