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Billionaire Hedge Fund Manager: Inflation is America's Biggest Risk, I'm Buying Gold, Bitcoin and Commodities
Billionaire Hedge Fund Manager: Inflation is America's Biggest Risk, I'm Buying Gold, Bitcoin and CommoditiesPaul Tudor Jones, the legendary American investor and billionaire hedge fund manager, said he is holding gold, Bitcoin, and commodities to hedge against inflation risks as both presidential candidates lack a proper plan to address the US debt problem.Jones, who founded his hedge fund, Tudor Investment Corporation, over 40 years ago and is known for correctly predicting the 1987 stock market crash, believes that inflation risks will be more apparent after the November election as both candidates have proposed tax cuts and spending plans, ignoring the US deficit problem
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Bitcoin and Ethereum 4H Trend Analysis: Expected Pullback and Future Outlook
Bitcoin and Ethereum 4H Trend Analysis: Expected Pullback and Future OutlookBoth Bitcoin and Ethereum have shown strong upward momentum in recent trends, but they have now reached expected resistance levels, making a short-term pullback highly likely.Bitcoin 4H Analysis:Bitcoin has tested the resistance level around $69,600 today, and is currently in a state of pullback after encountering resistance
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Ethereum's Scaling Dilemma: Intensified Competition and the Path Forward
Ethereum's Scaling Dilemma: Intensified Competition and the Path ForwardAs one of the world's most widely used decentralized finance (DeFi) platforms, Ethereum has long faced scaling challenges. Entering October 2024, Layer 2 and Layer 3 scaling technologies have shown some struggles as network transactions decline, resulting in transaction throughput reaching its lowest level since June this year
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Bitcoin and Ethereum Futures Prices Decline
Bitcoin and Ethereum Futures Prices DeclineAs of the close of trading in New York on Thursday, October 17, the CME Bitcoin futures BTC main contract was trading at $67,050.00, down 1
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Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversion
Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversionBitcoin (BTC) and gold prices saw an upward trend in early trading on Wednesday, fueled by recent stock market volatility, uncertainty over the rate cut outlook, and ongoing geopolitical tensions. Traders opted for safe-haven strategies to safeguard their assets, leading to increased demand for haven assets
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Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment Strategy
Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment StrategySince entering October, the global economic landscape continues to be complex and volatile. However, the Federal Reserve maintained interest rates unchanged, hinting at potentially easing monetary policy in the future
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The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin Cycle
The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin CycleOn my way back from a business trip yesterday, I had a conversation with a colleague about cryptocurrencies. He told me he was dollar-cost averaging, but not in Bitcoin, instead, he was investing in other "altcoins" that seemed promising
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The Land of Volcanoes, the Dream of Bitcoin: El Salvador's Foray into Digital Currency
The Land of Volcanoes, the Dream of Bitcoin: El Salvador's Foray into Digital CurrencyEl Salvador, a country in Central America, is known as the "Land of Volcanoes" due to its numerous volcanic formations. In recent years, another label, "Bitcoin," has become strongly associated with the nation, attracting global attention
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Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!
Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!Bitcoin surged upwards again last night, reaching a high of $68,400. It is currently consolidating in the flag's upper boundary area
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L2s Are Becoming the New "Old" L1s: Why Ethereum's Price Is Stagnant and the Changing Competitive Landscape
L2s Are Becoming the New "Old" L1s: Why Ethereum's Price Is Stagnant and the Changing Competitive LandscapeDid Ethereum win the L1 war? It seems the answer is no. This is one of the main reasons for Ethereum's stagnant price
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Bitcoin Hits New High, Ethereum and Other Cryptocurrencies Soar
Bitcoin Hits New High, Ethereum and Other Cryptocurrencies SoarBeijing Business Daily (Reporter Yue Pinyu, Dong Hanxuan) October 15th - Bitcoin prices continued to rise today. As of 1:08 pm, Bitcoin was trading at $65,513
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ETHPOW (ETHW) in the Era of PoS: Opportunities and Challenges
ETHPOW (ETHW) in the Era of PoS: Opportunities and ChallengesEthereumPOW (ETHW), a continuation of Ethereum's (ETH) Proof-of-Work (PoW) consensus mechanism, retains the decentralized and secure advantages of PoW, while inheriting ETH's technological innovations and ecosystem. However, with the rise of PoS networks, ETHW faces challenges in areas like performance, efficiency, vision, organization, and funding