-
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
-
Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!
Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!Recently, a picture has been circulating on social media, with some people using it to claim Ethereum is "trash" and devalue its worth, arguing that its price performance is weaker than Bitcoin's. The picture shows a comparison of Bitcoin and Ethereum prices at different points in time, with Bitcoin repeatedly breaking through $70,000 while Ethereum consistently declines, attempting to prove Ethereum's weakness
-
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
-
Nvidia Plunges: AI Bubble Burst or Buying Opportunity?
Nvidia Plunges: AI Bubble Burst or Buying Opportunity?Nvidia, touted by Wall Street as "the most important stock on earth," saw its market cap evaporate by roughly $406 billion this week, putting significant pressure on the U.S
-
Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the Pack
Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the PackDuring the first half of 2024, global central bank gold purchases reached a record high of 483 tons, driving gold prices to unprecedented levels. This staggering figure represents a 5% increase from the previous record of 460 tons set in the first half of 2023, with central bank gold purchases in the second quarter alone surging 6% year-on-year to 183 tons
-
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly
-
Bitcoin Rebounds Strongly, Whale Buying Fuels Renewed Hope in Crypto Market
Bitcoin Rebounds Strongly, Whale Buying Fuels Renewed Hope in Crypto MarketThe cryptocurrency market has staged a strong rebound over the past 24 hours, with Bitcoin (BTC) surging nearly 5% and pushing the total market capitalization above $2.4 trillion
-
Is Dogecoin's Plunge a Buying Opportunity?
Is Dogecoin's Plunge a Buying Opportunity?Dogecoin [DOGE] has been performing poorly lately, with its price remaining low. However, some analysts believe that the current slump could present a prime buying opportunity for investors
-
Calm Before the Storm? Is the Bitcoin Price Dip a Buying Opportunity?
Calm Before the Storm? Is the Bitcoin Price Dip a Buying Opportunity?The recent cryptocurrency market has been turbulent, with the price of Bitcoin falling by 15% in the past month, causing widespread panic in the market. Some market observers attribute this decline to selling pressure from Bitcoin miners, Mt
-
BGD Belgrade Coin: Three Reasons Why Buying Bitcoin Now is a Good Time
After falling from a historical high of $15000 last year, Bitcoin faced serious setbacks in 2022. However, entering 2023, Bitcoin has shown astonishing resilience, with trading prices approaching $36000, an increase of over 110%
-
The scale of Bitcoin blockchain transactions is skyrocketing: whales are buying! Bitcoin
Recently, BitcoinThe transaction volume of blockchain has significantly increased, breaking the annual transaction record of $100000.According to the latest data from blockchain analysis company IntoTheBlock, the number of transactions carrying BTCs worth at least $100000 in the past week has reached 23400, exceeding the annual peak
-
Quickly Understanding Bitcoin: Buying at a Low Price or Selling for Profit?
The weekly chart of Bitcoin prices shows a clear strong upward trend, which is relatively easy to understand. However, on chain indicators suggest that there may be peaks or potential corrections