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Long term promotion: From the perspective of the pure terminal market, re-examine L2 and Ethereum
Note: The original text comes from @ thecryptoskanda's long push.Instead of discussing "Is L2 in trouble?" or "Is Ethereum in trouble?", let's discuss why Ethereum and L2 have come to this situation
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Bitcoin (BTC) has surged 108% year-to-date, highlighting the increasing prominence of cryptocurrencies
The price of Bitcoin (BTC) has significantly increased, approaching the $36000 mark, causing ripples in the cryptocurrency market. Although multiple factors have contributed to price increases, an important driving factor seems to be the Federal Reserve's decision to stop raising interest rates, although there may be further hikes in the future
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Why Bitcoin ETFs Make BTC Miners Nervous
With the success of the first US over-the-counter Bitcoin trading platform trading fund (ETF) appearing to be in sight, the entire cryptocurrency industry is optimistic about how such a product can enhance the legitimacy of Bitcoin in the investment community, drive institutional adoption, and raise Bitcoin prices to the sky, including Bitcoin mining companies.With the imminent launch of the first US over-the-counter Bitcoin trading platform trading fund (ETF), the entire cryptocurrency industry is optimistic about this product, indicating confidence in how it can enhance the legitimacy of Bitcoin in the investment community, drive institutional adoption, and push Bitcoin prices to new highs
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The price of Bitcoin BTC is $35000- but is a pullback imminent?
Bitcoin soared to around $35200, reaching a new 17 month high.Part of the reason for the increase is speculation about the exchange traded funds for Bitcoin spot prices in the United StatesThe rapid breakthrough of resistance levels of $30500, $31500, and $33000 has surprised many market observers
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Bitcoin miners have outperformed BTC this year for the following reasons
It has been proven that mining companies and other companies related to Bitcoin are better than real Bitcoin.Although the value of Bitcoin has almost doubled since the beginning of this year, one of its close neighbors in the investment field has proven to be a more profitable buyer: mining companies
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Bitcoin rebounds strongly, how to determine whether it is a top or reverse trend
This week is a crucial week for Bitcoin in the past three months of adjustment. With a strong rebound and by the end of the week, we can basically unravel the mysteries of the subsequent market trends
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Ethereum (ETH) potential rebound imminent, counterfeit coins or new opportunities
Ethereum may rebound relative to Bitcoin in the near future, although the timing of Ethereum's outstanding performance is not yet clear, there are signs that Ethereum is about to recover. Now is the time for enthusiasts to start paying attention
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Do you understand the tacit understanding that most of the world's Bitcoin is mined in China but sold to the United States
In recent years, Bitcoin as a cryptocurrency has sparked a global discussion and investment frenzy. However, there is a puzzling phenomenon that has attracted attention: although most of the world's Bitcoin has been excavated in China, most of them have been sold to the United States in some tacit way
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Bitcoin (BTC) rebounds from its recent bottom - is a trend reversal imminent?
After the recent price decline, Bitcoin (BTC) seems to be showing signs of resilience. The price of Bitcoin today is $26919, which has slightly increased by 0
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Bitcoin miners sell over 20000 BTC in a week
Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?From a historical perspective, as the market finds a balance between buyers and sellers, miners typically sell Bitcoin before a bull market.The leading cryptocurrency, Bitcoin (BTC), has gone through a challenging week, with prices plummeting by over 2
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Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?
Will Bitcoin miners continue to decline further after selling over 20000 BTC in a week?The leading cryptocurrency, Bitcoin (BTC), has gone through a challenging week, with prices plummeting by over 2.30% in the past 24 hours to $27354 as of the time of publication
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The fourth halving is imminent, and the Bitcoin and encryption industries will "repeat yesterday's story"?
With the continuous transformation of the 'atypical bear market', the timeless narrative of 'halving' in the cryptocurrency world is gradually approaching - currently, about 9 months remain until the fourth Bitcoin halving,It is expected that on April 26, 2024, the time zone reward will be reduced from 6.25 BTC to 3