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Ethereum Price Outlook After Monthly Breakout: $3800 by End of 2023, $4800 in 2025?
Ethereum Price Outlook After Monthly Breakout: $3800 by End of 2023, $4800 in 2025?After reaching an all-time high of $4093 in early April 2023, Ethereum (ETH) experienced a significant correction, bottoming out near $2100 a near 50% decline. This contrasted sharply with Bitcoin (BTC), which corrected from $73,700 to around $49,000, a roughly 30% drop
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Ethereum in 2024: A Virtuous Cycle of Applications, Infrastructure, and Community
Ethereum in 2024: A Virtuous Cycle of Applications, Infrastructure, and CommunityEthereum's progress in 2024 can be summarized by three interwoven themes: a thriving application ecosystem, continuously improving infrastructure, and an increasingly mature global community. These three aspects interact to create a virtuous cycle, driving Ethereum's continued growth and development
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Trump Appoints Musk to Lead "Department of Government Efficiency," Dogecoin Surges 8%
Trump Appoints Musk to Lead "Department of Government Efficiency," Dogecoin Surges 8%On November 12th, US President-elect Trump announced a highly anticipated appointment: billionaire entrepreneur Elon Musk, along with Vivek Ramaswamy, will jointly lead the newly created "Department of Government Efficiency" (DOGE) upon his inauguration. This news immediately captured market attention, particularly within the cryptocurrency sphere, sending the price of Dogecoin (DOGE), a cryptocurrency Musk frequently champions, soaring by over 8%
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Ethereum's Changing Hands: Who's in Control of the Future?
Ethereum's Changing Hands: Who's in Control of the Future?Ethereum's transition from Proof-of-Work (POW) to Proof-of-Stake (POS) is not just a technical upgrade; it signifies a reshuffling of market forces, a "changing hands" game impacting Ethereum's future.The Ethereum Foundation is Not the "Operator"Many mistakenly believe the Ethereum Foundation is the dominant player manipulating the Ethereum market
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Solana ETF Mania Continues: Canary Capital Joins the Race, Following in the Footsteps of Bitcoin and Ethereum ETF Approvals
Solana ETF Mania Continues: Canary Capital Joins the Race, Following in the Footsteps of Bitcoin and Ethereum ETF ApprovalsCanary Capital, a new digital asset management firm, has applied to launch a spot Solana exchange-traded fund (ETF) in the United States, joining a growing list of hopefuls including VanEck and 21Shares, further fueling the momentum behind Solana ETFs. Canary Capital's move comes on the heels of the SEC's approval of Bitcoin and Ethereum ETFs, indicating growing institutional investor interest in Solana
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With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?
With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?On Friday, Bitcoin's price dipped to $71,440 after US stock markets opened, subsequently rebounding and hovering around $72,300. Bulls are trying to gather strength and launch another attack, aiming to break through the previous high
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Bitcoin: The Fog of Virtual Property
Bitcoin: The Fog of Virtual PropertyIn today's digital age, the term Bitcoin frequently appears in our field of vision. Hailed as digital gold, it leads the wave of cryptocurrency, but whether it truly belongs to virtual property remains a perplexing question
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Bitcoin Breaks Through $73,000 Mark Amidst Rising Market Sentiment Ahead of US Election
Bitcoin Breaks Through $73,000 Mark Amidst Rising Market Sentiment Ahead of US ElectionBitcoin surged to a new high on Tuesday, breaking through the $73,000 mark, as it exhibited a strong upward trend fueled by growing market optimism in the run-up to the US election. According to CoinMetrics, Bitcoin's price increased by 3
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Ethereum Software Provider Consensys Lays Off 20% of Staff Amid Macroeconomic and Regulatory Uncertainty
Ethereum Software Provider Consensys Lays Off 20% of Staff Amid Macroeconomic and Regulatory UncertaintyConsensys Inc., a software provider for the Ethereum network, has announced layoffs affecting 162 employees, or 20% of its workforce
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The Future of Ethereum: Challenges and Prospects
The Future of Ethereum: Challenges and ProspectsEthereum was once hailed as the "blue-chip asset" of the crypto market, with widespread belief that its price would reach new highs in the future, even exceeding $10,000. However, since 2022, ETH has been performing poorly
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Microsoft May Enter the Bitcoin Game, Related Stocks Surge in Pre-Market
Microsoft May Enter the Bitcoin Game, Related Stocks Surge in Pre-MarketBitcoin has reclaimed the $68,000 mark today, sending related stocks higher in pre-market trading. According to documents disclosed by the Securities and Exchange Commission (SEC), Microsoft is considering an investment in Bitcoin
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The Future of the Ethereum Protocol: The Purge
The Future of the Ethereum Protocol: The PurgeOne of the challenges facing Ethereum is that any blockchain protocol, by default, tends to bloat and become more complex over time. This manifests in two primary ways:1