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Bitcoin Returns to $60,000: MicroStrategy's Massive Purchase Fuels Surge, Future Uncertain
Bitcoin Returns to $60,000: MicroStrategy's Massive Purchase Fuels Surge, Future UncertainOn September 14th, Bitcoin broke through the $60,000 mark, once again drawing market attention. This is the second time Bitcoin has crossed this price range this year, having previously fallen below $65,500 on August 26th
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Ethereum Whales Return, ETH Price Could Break Downward Trend
Ethereum Whales Return, ETH Price Could Break Downward TrendAnalyst MichalvandePoppe says the ETH price could be on the verge of a breakout, driven by current valuations and improved macroeconomic conditions. The ETH price has been in a downtrend for over five months since the end of March, but recent bullish divergence could break the downtrend of the past months, which would have a significant impact on the entire market
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Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull Run
Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull RunHolding Bitcoin could be the latest example of a "Trump trade," potentially yielding massive returns if the former US President returns to the White House. A Bernstein analyst noted in a report on Monday that Trump's recent enthusiasm for the cryptocurrency industry suggests a potential Trump administration would be more favorable toward digital assets compared to the Harris administration
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Trump's Return, Bitcoin to the Moon? Bernstein Predicts $90,000 Price Surge
Trump's Return, Bitcoin to the Moon? Bernstein Predicts $90,000 Price SurgeBernstein analysts believe that if former U.S
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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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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 Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?
Bitcoin Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?While Bitcoin prices continue to fluctuate within a narrow range, on-chain analysis reveals that trading activity on the Bitcoin network has reached a three-year low, suggesting waning interest in the network. However, some analysts believe this could mean a significant breakout is imminent
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Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its End
Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end
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"Trump Attack" Incident: Turning Point in the US Election and Global Market Volatility
"Trump Attack" Incident: Turning Point in the US Election and Global Market VolatilityOn Saturday, Republican presidential candidate Donald Trump was shot at during a campaign rally in Pennsylvania. The incident quickly became a global focal point, sparking widespread discussion and speculation about its potential impact on the US election landscape and global markets
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Germany's Bitcoin Sell-Off Nears Its End, Bullish Sentiment Returns
Germany's Bitcoin Sell-Off Nears Its End, Bullish Sentiment ReturnsThe German government's multi-billion dollar Bitcoin sell-off is nearing its conclusion, potentially offering a sigh of relief to the cryptocurrency market and bolstering bullish sentiment among investors. After weeks of intense selling, the Federal Criminal Police Office (BKA) has significantly reduced its Bitcoin holdings, currently holding only around 4,925 Bitcoins, valued at approximately $285
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Bitcoin "Dive" Returns! How did the market react to the German government's Bitcoin sell-off?
Bitcoin "Dive" Returns! How did the market react to the German government's Bitcoin sell-off?On the evening of July 8, 2024, the price of Bitcoin suddenly plummeted, dropping from $57,200 to $54,800, causing widespread shock in the market. However, this "dive" only lasted for 10 minutes before Bitcoin quickly rebounded to $56,000, and subsequently surged to $57,100, ultimately stabilizing around $56,500
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Solana ETF Applications Surge, German Government "Returns" Bitcoin, Republicans Back Crypto: Market Winds Shift
Solana ETF Applications Surge, German Government "Returns" Bitcoin, Republicans Back Crypto: Market Winds ShiftThe cryptocurrency market is showing positive signs lately, with the surge in Solana ETF applications, the German government "returning" Bitcoin, and Republicans' support for cryptocurrencies all signaling a subtle shift in the market winds.Solana ETF Applications Surge, Market Confidence ReturnsOn July 9th, Bitcoin prices rebounded above $56,000, reaching a high of $57,275, demonstrating a strong recovery