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Interest Rate Cuts Land, Can the Crypto Market Usher in a New Bull Run?Last week, the Federal Reserve raised interest rates by 50 basis points, the first rate cut since March 2020. This action indicates that the Fed's reaction function has shifted from focusing solely on inflation to focusing on employment

Macquarie Bullish on Bitcoin Mining Companies, Citing Institutional Value Transfer and AI ApplicationMacquarie has initiated coverage on Bitcoin miners including Riot Platforms (RIOT.US), Marathon Holdings (MARA

Crypto Market Insights for Thursday: BTC, ETH, and Altcoin AnalysisThe US Core PCE data is set to be released, and Binance founder CZ is back, which could lead to further fluctuations in the crypto market. Yesterday, the market experienced a slight pullback with major coins like BTC and ETH hitting intraday support levels

Bitcoin's Road to $80,000: A Long and Winding One: Demand Drops, Whales Dump, Can It Rekindle the Rally?Investors have been eagerly anticipating Bitcoin (BTC) to hit new all-time highs, but recent trends suggest this milestone may be further away than anticipated. While a wave of optimism has propelled the market upwards, shifts in macroeconomic trends and changes in the behavior of market participants have introduced new challenges

Bitcoin: Bubble or Future? A Century-long Showdown Between Digital Currency and Traditional FinanceHave you ever thought that a "gadget" you casually ignored could turn into "digital gold" worth a fortune? Bitcoin, the virtual currency born from the internet wave, has written one wealth legend after another with its amazing rise, leaving countless controversies and reflections behind.In 2010, the price of a Bitcoin was less than a dime

Bitcoin and Ethereum Futures Prices DropOn Wednesday (September 25), at the close of trading in New York, the CME Bitcoin futures contract (BTC) settled at $63,545.00, down 1

Ethereum Usage Deconstructed: Exploring the Driving Forces and Future PotentialProfessional investors are beginning to embrace the idea that Ethereum could become the platform for popular applications in the future, yet for many, the investment case for its associated asset, ETH, remains largely unclear. Unlike traditional assets with well-defined valuation methods, most crypto assets, like ETH, lack well-known fundamentals

Cryptocurrency Market Hot Topics: ETFs, Regulation, Macroeconomics, and InnovationBitcoin ETFs, especially spot Bitcoin ETFs, have become a key part of the cryptocurrency market. These financial products allow investors to profit from price movements in Bitcoin without directly buying, storing, or managing it

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 Poised for Breakout in Q4: Institutional Demand and Innovation Drive Cryptomarket GrowthAs the fourth quarter of 2024 approaches, analysts anticipate continued growth for Bitcoin and the broader cryptocurrency industry, driven by institutional adoption and favorable market conditions. Several analysts believe key indicators suggest Bitcoin's price will surge in October, propelled by institutional buying and an evolving regulatory landscape, with projections of new highs ranging from $58,000 to $72,000

Ethereum Foundation Boosts Transparency: Spending, Vitaliks ETH Sales, and DeFi PerspectiveRecently, the Ethereum Foundations ETH sales and transparency regarding its funds have garnered significant attention from the crypto community. In response, the Foundation unveiled its official spending breakdown in late August, along with explanations for Vitalik Buterins ETH sales and his view on DeFi

Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market