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Dow Hits New High: US Stocks Rise, Inflation Data and Fed Policy in Focus
Dow Hits New High: US Stocks Rise, Inflation Data and Fed Policy in FocusUS stocks closed higher overnight, with the Dow Jones Industrial Average hitting a new record high, up 0.99% to reach a new milestone
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Gold and Bitcoin: Price Volatility and Market Sentiment Under the Trump Effect
Gold and Bitcoin: Price Volatility and Market Sentiment Under the Trump EffectRecently, the price movements of gold and Bitcoin have captivated global markets. After a significant ~10% correction following Trump's election, gold prices have rebounded for five consecutive days the first such streak since March successfully breaking above the 50-day moving average ($2664)
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Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price Prediction
Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price PredictionSince November 6th, 2020, when Donald Trump was declared the winner of the US presidential election, Bitcoin (BTC) price experienced a sharp surge, breaking above its previous high of $73,700 and initiating a strong upward trend on the daily chart. From $70,000 on November 6th, it skyrocketed to $99,588 on November 22nd, nearing the $100,000 mark a nearly 40% increase
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Bitcoin Hits New High, Nearing $100,000: A Confluence of Risk and Opportunity
Bitcoin Hits New High, Nearing $100,000: A Confluence of Risk and OpportunityIn the early hours of November 23rd (Beijing time), Bitcoin surged to $99,660, setting a new all-time high and nearing the $100,000 mark. This breakthrough followed strong gains in the preceding days, consecutively breaking through $95,000, $96,000, $97,000, and $98,000
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Bitcoin Price Pullback: Interpreting Recent Market Volatility and Future Outlook
Bitcoin Price Pullback: Interpreting Recent Market Volatility and Future OutlookAt 1 AM last night, Bitcoin's price plummeted to $95,734, marking a recent low. As of this writing, the price has recovered to $97,900
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Bitcoin and Ethereum Spot ETF: In-Depth Analysis of Weekly Fund Flows (November 18-22, 2024)
Bitcoin and Ethereum Spot ETF: In-Depth Analysis of Weekly Fund Flows (November 18-22, 2024)This report provides an in-depth analysis of the fund flows into Bitcoin and Ethereum spot exchange-traded funds (ETFs) from November 18th to November 22nd, 2024. Data reveals a strong inflow trend for Bitcoin ETFs, while Ethereum ETFs experienced net outflows
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Market Volatility Amidst Escalating Russia-Ukraine Conflict Sends Bitcoin to All-Time High: Dollar, Bonds, and Gold Serve as Safe Havens
Market Volatility Amidst Escalating Russia-Ukraine Conflict Sends Bitcoin to All-Time High: Dollar, Bonds, and Gold Serve as Safe HavensOn Tuesday, a dangerous escalation of the Russia-Ukraine conflict sent shockwaves through financial markets. The heightened prospect of nuclear war unnerved investors, prompting many to seek refuge in safe-haven assets like the US dollar, bonds, and gold
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Dogecoin (DOGE): A Meme-Inspired Cryptocurrency's Journey and Future Prospects
Dogecoin (DOGE): A Meme-Inspired Cryptocurrency's Journey and Future ProspectsDogecoin (DOGE), a cryptocurrency launched in 2013 by software engineers Billy Markus and Jackson Palmer, owes its existence to the popular "Doge" internet meme featuring a Shiba Inu dog. Initially conceived as a lighthearted project aiming for mainstream appeal through its playful nature, rather than focusing on serious financial goals like Bitcoin, this playful origin story has significantly impacted both its popularity and its inherent volatility
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Ethereum: From Origins to Future, Exploring its Technology, Applications, and Market Prospects
Ethereum: From Origins to Future, Exploring its Technology, Applications, and Market ProspectsEthereum, conceived by programmer Vitalik Buterin in 2013 and officially launched in 2015, is not merely a cryptocurrency; it's an innovative project aiming to build a decentralized global computing platform. Unlike Bitcoin's positioning as "digital gold," Ethereum's ambition lies in using blockchain technology to achieve the automated execution of protocols without intermediaries, primarily thanks to its introduction of smart contracts
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Ethereum Foundation 2024 Financial Report: Core Values, Detailed Expenditures, and Ecosystem Overview
Ethereum Foundation 2024 Financial Report: Core Values, Detailed Expenditures, and Ecosystem OverviewThe Ethereum Foundation (EF) recently released a comprehensive financial report detailing its core values, expenditure breakdown from 2022 to 2023, treasury status as of October 31, 2024, and an overall assessment of the Ethereum ecosystem. This report aims to address community concerns regarding transparency, clearly illustrating the Foundation's operations and its contributions to the long-term development of the Ethereum ecosystem
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Ethereum in 2024: A Virtuous Cycle of Applications, Infrastructure, and Community
Ethereum in 2024: A Virtuous Cycle of Applications, Infrastructure, and CommunityEthereum's progress in 2024 can be summarized by three interwoven themes: a thriving application ecosystem, continuously improving infrastructure, and an increasingly mature global community. These three aspects interact to create a virtuous cycle, driving Ethereum's continued growth and development
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Bitcoin Surges Past $90,000: Trump's Win and Institutional Buying Fuel Record High
Bitcoin Surges Past $90,000: Trump's Win and Institutional Buying Fuel Record HighBitcoin's price has skyrocketed recently, reaching a record high of $89,253 (early morning Beijing time on November 12th), less than a week after the US presidential election. This surge not only pushed Bitcoin to new heights but also triggered a significant inflow of capital, with iShares Bitcoin Trust (IBIT), managed by BlackRock, now exceeding the size of one of the largest gold ETFs, iShares IAU