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From Internet Meme to Crypto Superstar: The Dogecoin SagaIn the world of cryptocurrencies, Dogecoin is undoubtedly one of the most legendary. It started as a joke but has evolved into a multi-billion dollar market phenomenon

Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next WeekAugust has been a rough month for the world's largest cryptocurrency, with Bitcoin poised to end the month with a double-digit percentage decline. As of August 30th (CoinDesk), Bitcoin prices continued to trade sideways or move lower, down 12% for the month

The Rise of Crypto Wealth: Surge in Crypto Millionaires in 2024, Investment Migration Programs Emerge as Key DrawThe cryptocurrency market has been struggling to regain its bullish momentum in the past six months, but the persistent question of "when higher" overshadows the remarkable growth already recorded in 2024, as evidenced by Henley&Partners' "2024 Crypto Wealth Report." The report, which includes "exclusive statistics on cryptocurrency and Bitcoin (BTC) millionaires, centi-millionaires, and new world wealth billionaires," found that between July 1, 2023, and June 30, 2024, the number of cryptocurrency millionaires increased by 95%, while the number of Bitcoin millionaires surged by 111% to reach 85,400

Is the Low Bitcoin Hashprice a Sign of an Approaching Bottom?CryptoQuant analyst Woominkyu's latest analysis report suggests that a close correlation exists between Bitcoin hashprice and Bitcoin price. The current low hashprice could indicate that Bitcoin is nearing its bottom

Bitcoin: Bottom Accumulation, Awaiting a Rebound, Still Bullish in the Mid-to-Long Term!After the positive news released at 8:30 PM last night, Bitcoin's price directly broke through the small parallel channel and then repeatedly pierced through, resulting in many high-leverage long and short positions being stopped out. Retail investors thought that the fluctuations were over, but that wasn't the case

Bitcoin and Ethereum Recent Trend Analysis: Bearish Structure Forms, Key Resistance Levels to WatchYesterday, we mentioned that a bearish structure has formed for Bitcoin, and given the multiple bearish factors, we advised against focusing on the bulls and instead looking for shorting opportunities at resistance levels. Early this morning, the price dropped to the neckline we mentioned, falling nearly 4 points

Ethereum Foundation Needs to Reposition, DCinvestor Calls for Focus on Programmable Money and Censorship ResistanceDCinvestor, a management consultant and Ethereum investor, recently took to Twitter to call for a repositioning of the Ethereum Foundation (EF). He argues that the EF should publicly emphasize ETH as a programmable money, with censorship resistance as the core value proposition of the technology

Major Crypto Market Analysis: Wait and See, Patience is KeyBTC, as mentioned in the previous article, encountered resistance at $65,000 and retreated to near the lower boundary of the rising channel on the right. If it continues to fall and breaks below $62,000, there is a risk of a breakdown

Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?Nvidia's recent earnings report, eagerly awaited by the global market, revealed sales and earnings exceeding expectations. However, the stock price plummeted by 5% after the announcement, highlighting the "good news is bad news" phenomenon

Binance's "Sleight of Hand": BNB Buyback Rule Change, Can Retail Investors Still Buy In?Recently, the crypto world was once again ignited by a "bickering" war, with the protagonists being Huobi, Binance, and OK, the three major exchanges. The trigger for this war was Binance's announcement on July 12th, stating that it had completed its eighth platform token BNB buyback and burn, and announced that it would prioritize burning the BNB held by the team in the future

BTC Breaks Below $60,000, Market Awaits, Altcoin Potential to be ExploredBTC Dips Below $60,000 Overnight, Market Sentiment CautiousEarly this morning, BTC price fell below $60,000, leaving many waking up to find their long positions liquidated. The lower shadow first touched the lower boundary of the box, and we need to observe if the real body rebounds

Bitcoin and Ethereum 4H Analysis: Unexpected Drop, But Bottom Support RemainsBitcoin and Ethereum have recently experienced an unexpected drop in price, attracting market attention. Although the decline has surpassed expectations, the current trend is not entirely surprising