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Will Ethereum Replace Bitcoin? 1Confirmation Founder Nick Tomaino Makes a PredictionAccording to Wu Blockchain, Nick Tomaino, founder of 1Confirmation, believes Ethereum (ETH) will eventually surpass Bitcoin (BTC). Tomaino argues that while BTC has a clear narrative as digital gold, attracting institutional investment, Ethereum is the most influential project in the blockchain space over the past five years

The Fed Hints at Rate Cuts, Bitcoin Surges to $62,000, but Future Trajectory Remains UncertainA potential rate cut hinted at by Federal Reserve Chair Jerome Powell on Friday sent Bitcoin prices soaring past $62,000. However, the short-lived price surge also triggered a liquidation of over $21 million in short positions within an hour, coupled with some long liquidations

Bitcoin Breaks $62,000 After Fed Chair Hints at Continued Rate Cuts

Cryptocurrency Investment Firm 1confirmation Bullish on DeFi, NFTs, and Prediction Markets, Anticipating Explosive GrowthCryptocurrency investment firm 1confirmation, in its Q2 2024 LP letter, expressed strong optimism about DeFi, NFTs, and prediction markets, forecasting their explosive growth in the coming years.The letter highlights that DeFi and NFTs will become even more robust, while SocialFi and other novel use cases will emerge through application chains, L2s, and L3s

Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance

Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000In short, Ethereum's price could rise back to $3,000 if the asset successfully breaks out of its current consolidation range. The recent crisis led to realized losses that were close to annual highs, but these have now declined significantly

Bitcoin Hovers Around $60,000, Liquidation Clusters and Lackluster Retail Demand Hinder BreakoutBitcoin closed above its 200-day moving average for the first time since August 13th, but this doesn't necessarily signal a complete takeover by bulls. Despite a 3

Salvadoran Public Servants to Receive Bitcoin Training, Paving the Way for Digital Asset StrategyThe Bitcoin Office of El Salvador has announced that 80,000 public servants will receive Bitcoin guidance and knowledge certification through a public administration course module taught by the Higher School of Innovation in Public Administration (ESIAP). In addition to Bitcoin, the module will cover training in cybersecurity, blockchain, and artificial intelligence (AI), culminating in a public administration certificate

Here are a few ways to translate the provided content into English:Option 1 (Formal):"Bitcoin price broke through $61,000 per coin, rising 1.08% on the day, according to financial news platform AI Telegram

Crypto Market Volatility Intensifies: Short-Term Analysis of Bitcoin and Ethereum!Yesterday, Bitcoin (BTC) reached a low of $58,728 and a high of $61,793, with a fluctuation of $3,065, representing a 5.2% swing

Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term BullishnessFollowing a brief dip last night, Bitcoin staged a strong rebound, breaking through the $60,000 mark around 9 am today and reaching a high of $60,920. As of press time, Bitcoin is trading at $60,815, up 4

Trump's Election Odds Are Unrelated to Bitcoin's Price: Data Reveals the TruthWhile whispers abound about a strong positive correlation between Bitcoin's (BTC) recent price performance and the odds of Republican candidate Donald Trump winning the US presidency, market data reveals the truth: there's no clear connection between the two.Since Trump met with Bitcoin miners in mid-June, crypto market experts have linked the Republican candidate's odds in betting markets to the price of Bitcoin