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Bitcoin Surges Past $69,000 as Investors Bet on Improved Regulatory Environment After US Election
Bitcoin Surges Past $69,000 as Investors Bet on Improved Regulatory Environment After US ElectionBitcoin prices breached the $69,000 mark on Monday, reaching a multi-month high, fueled by investor optimism over improved regulatory conditions in the wake of the US presidential election and substantial inflows into exchange-traded funds (ETFs).As of 8:30 am Monday, Bitcoin was up about 1% at $69,372 (S$90,857), although it later retreated slightly but remained above $68,654 by 11 am
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Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation
Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation
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Bitcoin ETFs Continue to Attract Funds, Is Ethereum ETF Inflow Reversing?
Bitcoin ETFs Continue to Attract Funds, Is Ethereum ETF Inflow Reversing?Last week, Bitcoin ETFs saw a surge in inflows, with a total of $2.13 billion flowing into the asset class, marking the second consecutive week of net inflows
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Ethereum Price Prediction: Key Data Releases to Watch This Week
Ethereum Price Prediction: Key Data Releases to Watch This WeekEthereum's price movement this week is expected to be influenced by several key data releases. Investors should pay close attention to:I
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Ethereum's Scaling Dilemma: Intensified Competition and the Path Forward
Ethereum's Scaling Dilemma: Intensified Competition and the Path ForwardAs one of the world's most widely used decentralized finance (DeFi) platforms, Ethereum has long faced scaling challenges. Entering October 2024, Layer 2 and Layer 3 scaling technologies have shown some struggles as network transactions decline, resulting in transaction throughput reaching its lowest level since June this year
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Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversion
Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversionBitcoin (BTC) and gold prices saw an upward trend in early trading on Wednesday, fueled by recent stock market volatility, uncertainty over the rate cut outlook, and ongoing geopolitical tensions. Traders opted for safe-haven strategies to safeguard their assets, leading to increased demand for haven assets
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Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment Strategy
Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment StrategySince entering October, the global economic landscape continues to be complex and volatile. However, the Federal Reserve maintained interest rates unchanged, hinting at potentially easing monetary policy in the future
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Bitcoin Hits a New High! But Volatility Cannot Be Ignored, Investment Needs Caution
Bitcoin Hits a New High! But Volatility Cannot Be Ignored, Investment Needs CautionOn the evening of October 15th, Beijing time, Bitcoin price broke through $67,000 per coin, reaching its highest record since July 30th. As of 7:47 PM on October 16th, Bitcoin price has risen to $68,400 per coin, with a 24-hour increase of 4
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Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions Up
Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200
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The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin Cycle
The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin CycleOn my way back from a business trip yesterday, I had a conversation with a colleague about cryptocurrencies. He told me he was dollar-cost averaging, but not in Bitcoin, instead, he was investing in other "altcoins" that seemed promising
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Will Bitcoin Break $70,000 in October? The "Jumping Dragon Strategy" Tells You the Answer!
Will Bitcoin Break $70,000 in October? The "Jumping Dragon Strategy" Tells You the Answer!Recently, the price of Bitcoin has been steadily rising, sparking much discussion in the market. Many believe this is merely a rebound within the bear market and will ultimately decline
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Is Bitcoin About to Break Its All-Time High? The Overlooked Yen Depreciation Trend May Be the Key Catalyst
Is Bitcoin About to Break Its All-Time High? The Overlooked Yen Depreciation Trend May Be the Key CatalystDespite gold and the S&P 500 recently hitting all-time highs, Bitcoin has yet to keep pace, remaining below its historical peak. However, an overlooked catalyst in the marketthe ongoing yen depreciation trendmay be signaling a breakout for Bitcoin