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Bitcoin Hovers Above $64,000: Breakout Above August High Could Confirm Bullish Rebound, But Waning Spot Market Demand Hints at Short-Term ConsolidationBitcoin is currently hovering above $64,000, just a short distance from its August high of $65,200. Bitfinex analysts point out that a break above this level would signify the end of the long-term downtrend since the March high, confirming a broader uptrend from the October low below $30,000

Bitcoin 66-Bit Puzzle Solved: Exposing Security Flaws and Highlighting Cryptocurrency SecurityThe recent cracking of the Bitcoin 66-bit puzzle, launched in 2015, has exposed security vulnerabilities in the cryptocurrency space, reminding individuals to strengthen their security measures. Intended as part of a series of cryptographic challenges to showcase the robustness of Bitcoin cryptography, the puzzle inadvertently revealed potential risks, sending a wake-up call to the entire industry

Bitcoin Consolidates, Ethereum Breaks Out, $139 Million Liquidated in Crypto Market: Altcoin Opportunities Emerge?Bitcoin traded sideways near $63,000 yesterday (20th) until it briefly broke through $64,000 after the Bank of Japan announced to maintain interest rates unchanged around 11 am. However, selling pressure quickly emerged, pushing the price back down to around $63,000, retesting the $62,964 support level

The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and MacroeconomicsFrom mid-March to the end of August, spanning over five months, the price of BTC oscillated repeatedly within the "new high consolidation zone," generating volatile market sentiment. During this period, global markets experienced volatile inflation and downward trends, ambiguous and clear expectations for US interest rate cuts, uncertain speculation about whether the economy would achieve a soft or hard landing, and significant market fluctuations triggered by different investors adjusting their positions as trends shifted

Cryptocurrency Market Volatility: Bearish Trend, Strong SOL Performance, and Analysis of Five Potential CryptocurrenciesThe overall market trend remains bearish, and it is expected to continue fluctuating within the range of 62,500-64,000 in the short term. Ethereum is expected to fluctuate in the range of 2,650-2,750, while Solana is relatively strong and is expected to fluctuate in the range of 155-162

TON Event Shakes the Market, Bitcoin Consolidates, Outlook for the New WeekYesterday, the biggest event in the crypto world was the arrest of TELEGRAM's founder, causing a significant drop in both the TVL (Total Value Locked) and price of TON-related ecosystems. Until official clarification is provided, this fear sentiment will not dissipate in the short term

Bitcoin 5-Day Moving Average Analysis: Consolidation, Bullish Trend RemainsSince the decline on August 5th, Bitcoin has surged by 30%, pushing prices back above $60,000. Despite recent market volatility, the long-term bullish trend for Bitcoin remains intact

Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance

Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000In short, Ethereum's price could rise back to $3,000 if the asset successfully breaks out of its current consolidation range. The recent crisis led to realized losses that were close to annual highs, but these have now declined significantly

Ethereum's Dilemma and Solana's Rise: A Shift in the Blockchain LandscapeThe approval of Bitcoin spot ETFs at the beginning of this year ignited a wave of enthusiasm in the crypto market, pushing Bitcoin prices to new highs and creating a sense of prosperity. However, this rally didn't extend to Ethereum as expected

BevmStack: A One-Stop Bitcoin Layer 2 SolutionBevmStack is a modular and open-source blockchain technology stack designed to seamlessly integrate Bitcoin assets with Ethereum Virtual Machine (EVM) compatible smart contract functionalities. Drawing inspiration from OPStack's design principles, it offers a comprehensive suite of tools and components for building, deploying, and operating scalable blockchain networks tightly integrated with the Bitcoin ecosystem

Recent Trend Analysis of BTC, ETH, SOL, TON, and BNB: A Tug of War Between Bulls and Bears, Caution is AdvisedBTC has recently shown weakness, mainly trading sideways over the past week. Bulls and bears are locked in a tug of war around the $60,000 mark