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Bitcoin Rebounds Strongly: Market Sentiment Improves, What's the Outlook?
Bitcoin Rebounds Strongly: Market Sentiment Improves, What's the Outlook?After a series of sharp declines, the virtual currency market has finally seen a long-awaited rebound. At 2:23 PM Beijing time on October 10th, Bitcoin successfully broke through the $61,000 mark, with the latest price reported at $61,015
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Whale Continues To Dump ETH Amidst Gloomy Market Sentiment, Can Ethereum Rise Against the Tide?
Whale Continues To Dump ETH Amidst Gloomy Market Sentiment, Can Ethereum Rise Against the Tide?According to recent monitoring by on-chain data analyst, Yu Jin, a whale holding 150,000 ETH has once again transferred 5,000 ETH (approximately $12.22 million) to the Kraken exchange
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Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network Development
Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network DevelopmentA new Ethereum Improvement Proposal (EIP-7781) aims to boost network throughput by 50%, making it more competitive with speed-focused blockchains like Solana. Proposed by Ben Adams, co-founder of IllyriadGames, the EIP has gained support from key stakeholders like Ethereum co-founder Vitalik Buterin
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Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounce
Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounceCurrently, Bitcoin is trapped within a large descending broadening wedge pattern, which typically signals bearish momentum. However, recent oversold signals indicate a possible shift in the near term
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BlackRock vs Grayscale: Ethereum Spot ETF Flows Reveal Market Sentiment?
BlackRock vs Grayscale: Ethereum Spot ETF Flows Reveal Market Sentiment?Recent days have seen a notable divergence in capital flows within the cryptocurrency market. According to monitoring by professional firm TraderT, Ethereum spot ETFs exhibited a significant outflow yesterday, with a net outflow of $3
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Crypto Market Sentiment Rekindles as Bitcoin Breaks $65,000, Altcoins Surge
Crypto Market Sentiment Rekindles as Bitcoin Breaks $65,000, Altcoins SurgeBitcoin's surge past $65,000, fueled by strong buying from US spot Bitcoin exchange-traded funds (ETFs), is giving traders confidence that the bull market is back in full swing. On Sept
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Bitcoin Intraday Narrow Range Fluctuation, Bearish Sentiment Remains Strong, Short-Term Trading Strategy
Bitcoin Intraday Narrow Range Fluctuation, Bearish Sentiment Remains Strong, Short-Term Trading StrategyBitcoin price continued yesterday's consolidation trend today, failing to break through the key resistance above. The price is currently retracing to around $63,000
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AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple Catalysts
AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple CatalystsArtificial intelligence-related cryptocurrencies spearheaded a rally in the crypto market on Monday, with altcoins outperforming Bitcoin (BTC). The native tokens of first-layer blockchain Near (NEAR) and decentralized computing platform Render (RNDR) jumped 18%-20% in the past 24 hours, topping the gains in the CoinDesk 20 index, which rose 1
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Bitcoin's 28 Million Times Surge in 10 Years: Will It Keep Rising?
Bitcoin's 28 Million Times Surge in 10 Years: Will It Keep Rising?A decade ago, in 2010, a single Bitcoin was worth $0.0025, less than a dime in Chinese yuan
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Overnight BTC Formed a Doji: A Precise Gauge of Market Sentiment
Overnight BTC Formed a Doji: A Precise Gauge of Market SentimentLast night, before the US inflation data was released, BTC surged briefly to $58k. However, within two hours of the inflation data release, bears attacked, pushing the price down to $55
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Bitcoin Price Surges Over 3%: ETF Cash Inflows and Major Events Drive Market Sentiment
Bitcoin Price Surges Over 3%: ETF Cash Inflows and Major Events Drive Market SentimentBitcoin (BTC) price jumped over 3% in the past 24 hours, reaching a daily high of approximately $57,896 before retreating to $56.6K during the early Asian trading hours on Tuesday, September 10th
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Bitcoin and Ethereum Retest Lows: Is it Time to Buy the Dip?
Bitcoin and Ethereum Retest Lows: Is it Time to Buy the Dip?The new week has begun, and on Friday, Bitcoin broke through 55,500, surging to 56,800, bringing us handsome profits. Ethereum also performed exceptionally well, climbing from 2,340 to 2,409, allowing us to successfully close our positions for profits