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Bitcoin Breaks $70,000: Real Breakthrough or a Trap?
Bitcoin Breaks $70,000: Real Breakthrough or a Trap?Bitcoin's surge to $73,000 in the last three days of October has undoubtedly sparked excitement. I had predicted this breakthrough in early October based on the monthly chart, which signifies the overall trend of the bull market
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The Bitcoin Mystery: Has Satoshi Nakamoto Really Been Found?
The Bitcoin Mystery: Has Satoshi Nakamoto Really Been Found?Speculation has run rampant on the internet about the identity of Satoshi Nakamoto, the creator of Bitcoin. Julian Assange, founder of Wikileaks, claims Nakamoto is a cypherpunk, while others believe he was an anarchist
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Deciphering Cryptocurrency and the Real Estate Market: Navigating Investment Strategies
Deciphering Cryptocurrency and the Real Estate Market: Navigating Investment StrategiesIn the current complex and volatile economic landscape, cryptocurrency and the real estate market have become focal points of attention. While seemingly disparate, both markets reflect the public's anticipation for future economic development and societal changes
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Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward Wedge
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season
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Hong Kong's RWA Ecosystem Booms: Langxin Group and Ant Group's Collaboration Ushers in a New Era of Real-World Asset Tokenization
Hong Kong's RWA Ecosystem Booms: Langxin Group and Ant Group's Collaboration Ushers in a New Era of Real-World Asset TokenizationOn August 28, the Hong Kong Monetary Authority (HKMA) held a press conference to announce the first phase of the Ensemble project (Sandbox) and detailed four key tokenization use cases. Among them, the first domestic tokenization project based on real-world assets in the new energy sector, completed in Hong Kong by Langxin Group (300682, SZ) and Ant Group, became a focal point of the press conference
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Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market Confidence
Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market ConfidenceAccording to Odaily Planet Daily, CryptoQuant analyst Amr Taha noted: "The realized market cap of long-term holders has exceeded $10 billion for the first time." This data signifies that this group has collectively spent $10 billion to acquire BTC, and this metric considers the last sale price of each BTC
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Bitcoin: A Pioneer and Future Outlook in the Digital Currency Realm
Bitcoin: A Pioneer and Future Outlook in the Digital Currency RealmAs technology advances at a breakneck pace, digital currency has gradually become an undeniable force in the global financial landscape. Bitcoin, the leading digital currency, continues to capture global attention with its price fluctuations, market trends, and revolutionary technological principles
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Has the Bull Market Really Arrived with BNB's All-Time High?
Has the Bull Market Really Arrived with BNB's All-Time High?BNB, the native token of the Binance platform, has always been one of the most closely watched cryptocurrencies in the digital currency market. Recently, BNB's price has broken through the peak of the previous bull market, sparking heated discussions in the market, with many investors speculating whether this means the bull market is about to arrive
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Bitcoin Plunge: 80,000 Liquidated, What's the Real Story?
Bitcoin Plunge: 80,000 Liquidated, What's the Real Story?IntroductionOn [Specific Date] 2023, Bitcoin prices experienced an unprecedented plunge, triggering market tremors globally. This "Black [Specific Date]" dealt a heavy blow to countless investors, forcing over 80,000 to liquidate or get liquidated, wiping out trillions of dollars in market capitalization overnight
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Can Ethereum spot ETF really trigger ETH? Reviewing the situation of October Futures ETFs when they were listed
In addition to Bitcoin spot ETFs, Ethereum spot ETFs have also received much attention recently. However, can spot ETFs really bring new upward momentum to ETH? In this article, we review the impact and trading volume of the October Ethereum Futures ETF on currency prices
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Exploring the Future Trends of Bitcoin (BTC): Is a Bull Market Really Coming? Is there still a chance for a pullback
Today is Monday, let's take a look at the weekly trend of Bitcoin.The weekly trend of Bitcoin is currently rising due to the inertia formed during the early sprint stage
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Science popularization: What is Bitcoin? How is mining carried out? Is virtual currency really stable?
On May 28, 2021, Bitcoin experienced a short-term decline of $800, with a single day sharp drop of over 6%. According to relevant reports, Bitcoin's unit price rose from $9000 to 64000 in a year, and then fell below 30000