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Blockchain Industry News and Updates
VaaS Focuses on Formal Verification of EOS Blockchain Platform VaaS (Verification as a Service) will focus on providing formal verification services to the EOS blockchain platform, enhancing its security, reliability, and scalability. Ethereum Fog Foundation Urges Resistance Against ASIC Miners The Ethereum Fog (ETF) Foundation has called upon the community to resist ASIC miners, arguing that they centralize mining pools and harm the network's decentralization
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Elon Musk's Enigmatic Signal as Captain Doge: Unraveling the Intertwined Voyage of Shiba Inu and Floki
Musk on Dogecoin In a recent social media update, former Twitter head Elon Musk mentioned that 'X' was a 'friendly space' for DOGE in response to another user's post. Given Musk's history of DOGE-related communication, it remains uncertain whether this was a subtle reference to the crypto or merely a casual remark
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Bitcoin: 65% Gain in Q1 2024, but Signs of Fatigue Emerge
As the first quarter of 2024 draws to a close, Bitcoin has witnessed an impressive 65% rally. However, market analysts are starting to notice signs of potential fatigue
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Cryptocurrency Market Overview: Latest Investment Highlights
Cryptocurrency Market Overview: Latest Investment Highlights As of March 30, 2024, the global cryptocurrency market capitalization stands at $2.64 trillion, with Bitcoin and Ethereum holding 52
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Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next Move
Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next MoveIntroductionOn April 1, the Bitcoin price surged above the $70,000 resistance zone, indicating a bullish sentiment among traders. However, BTC could consolidate within this range for a period before attempting a push towards $75,000
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Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation
Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation Introduction: Over the past six months, Bitcoin price has exhibited a notable negative correlation with the US 10-Year Treasury Yield, reaching a correlation coefficient of -90.61%
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Bitcoin Concept Stocks Plunge Amid Cryptocurrency Market Volatility
Bitcoin Concept Stocks Plunge Amid Cryptocurrency Market Volatility Introduction In the wake of significant volatility in the global cryptocurrency market, Bitcoin concept stocks have experienced a sharp decline. As of time of writing, major Bitcoin concept stocks have posted notable losses, reflecting investor concerns about the sector
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Seizing the Bitcoin Halving Opportunity: Anticipating Pullbacks and Capturing True Value
Market trends do not emerge out of thin air. Every unilateral surge has its precursors, which, although sometimes subtle, can be identified with attentive observation and analysis
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Bitcoin Futures Fluctuate Lower, Ethereum Futures Also Decline
On Monday, April 1st, at the New York close, the BTC main contract of CME Bitcoin futures closed at $70,340.00, down 1
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Bitcoin Price Consolidates Above $70K Resistance Zone, Waiting for Breakout
Bitcoin settled above the $70,000 resistance zone on the first day of April. BTC is likely to remain in a range for some time before the bulls attempt a move towards $75,000
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline