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Bitcoin Under the Shadow of US Recession Fears: Market Volatility Amid Long-Term OptimismRecently, the global financial market has been shrouded in the gloom of a looming US recession. The release of the US PMI index, which has fallen into contraction territory for two consecutive months, coupled with the "Black Thursday" event on August 5th, has fueled panic among investors to sell off risk assets

US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk AssetsSeptember 9, 2023 - US Bitcoin ETFs experienced their longest single-day net outflows since their launch earlier this year, a move that reflects broader investor pullback from high-risk assets amid global market challenges. Data compiled by Bloomberg shows that investors pulled nearly $1

US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market TurmoilUS Bitcoin ETFs have experienced their longest stretch of daily outflows since their launch earlier this year, as investors pull back from high-risk assets amid global market challenges. According to institutional data, investors withdrew nearly $1

Interest Rate Cuts Are Coming! Will Bitcoin Rise? A Historical Look at the FutureInterest rate cuts, the savior of markets during periods of decline, are finally here! Since last year's bear market, investors have been eagerly awaiting this moment. Now, with interest rate cuts looming, everyone from traditional financial institutions to crypto KOLs has differing opinions, leaving us uncertain about how to proceed

Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7

FractalBitcoin Announces Tokenomics, Mainnet Launch ImminentFractalBitcoin, a Bitcoin scaling solution, has recently unveiled its tokenomics and announced the imminent launch of its mainnet. The project allocates 80% of the token supply to the community and 20% to the team and contributors, with vesting schedules in place

Bitcoin: From "Stupid Consensus" to Global Digital GoldBitcoin, the "digital gold" born in the age of the internet, has had a dramatic journey from an initially unpromising "stupid consensus" to a globally recognized investment asset. Its decentralized nature, limited supply, and ever-growing value have attracted countless investors and technology enthusiasts

Bitcoin Analyst Predicts $45,000 Bottom, Ushering in "Biggest Bull Cycle Ever"Crypto entrepreneur Michal van de Poppe predicts that Bitcoin will enter a bull market lasting at least two years after undergoing a "final correction." He believes that the price of Bitcoin will bottom at $53,000 and eventually break through, initiating a new bull run

Bitcoin Dip in September? "Uptober" is Coming!Despite the cryptocurrency hitting a new low this month, reflecting Wall Streets September Effect, better days are ahead. Historically, September has been a rough month for the U

Pingzhi Information Response: Company-produced Servers Cannot Be Used for Bitcoin MiningOn September 8th, an investor inquired on an interactive platform about whether the AI servers produced by Pingzhi Information could be used for Bitcoin mining. In response, Pingzhi Information stated that the company's servers cannot be used for Bitcoin mining

Dogecoin Price Fluctuates: Bearish Pressure Battles Potential ReboundDespite some analysts predicting a Dogecoin price surge to $2.25 by 2025, the coin is currently facing bearish pressure

Cryptocurrency Market Plunges! Bitcoin Drops Below $54,000, Investor Panic IntensifiesThe cryptocurrency market has once again suffered a major setback, with Bitcoin dropping over 4% and currently trading below $54,000. Ethereum, the second-largest cryptocurrency, has fallen over 6%