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Crypto Market Plunges: Bitcoin Drops Below $60,000, Ethereum Down Over 10%
Crypto Market Plunges: Bitcoin Drops Below $60,000, Ethereum Down Over 10%The cryptocurrency market experienced a sharp downturn today, with Bitcoin falling below the $60,000 mark, reaching a low near $58,000. Ethereum also tumbled significantly, extending daily losses to over 10%...
Blockchain 2024-09-02 11:54:07 -
Option 1 (More formal):
Option 1 (More formal):Bitcoin has fallen below $59,000 per coin, down 0.91% on the day, as of press time...
Blockchain 2024-09-02 11:36:11 -
Crypto Winter: Bitcoin Stands Tall, While Ethereum and Other Assets Slump
Crypto Winter: Bitcoin Stands Tall, While Ethereum and Other Assets SlumpCrypto investors are experiencing a slight existential crisis as the young asset class faces waning demand in the midst of a bull run. Over the past month, search interest for crypto has been tepid, network activity has been sluggish, and futures funding rates have even dipped into negative territory...
Blockchain 2024-08-31 09:21:49 -
Bitcoin to Surge to $100,000? Historical Data and Potential Tailwinds Align, Can It Happen Before Year-End?
Bitcoin to Surge to $100,000? Historical Data and Potential Tailwinds Align, Can It Happen Before Year-End?Bitcoin's price has surged over 30% this year, despite experiencing several fluctuations, including a sharp pullback in early August that significantly dampened investor expectations of the cryptocurrency breaking through $100,000. However, various indicators seem to suggest that Bitcoin still has the potential to reach six figures by year-end...
Blockchain 2024-08-31 09:19:18 -
Bitcoin Underperforms in August Amidst Government Sell-Off Concerns
Bitcoin Underperforms in August Amidst Government Sell-Off ConcernsAs August draws to a close, Bitcoin has lagged behind traditional assets this month, with concerns mounting about potential sell-offs of Bitcoin holdings by multiple governments, leading to decreased liquidity. Research firm Kaiko highlighted this in a recent report, noting that countries like the United States, the United Kingdom, and Ukraine may be considering such disposals...
Blockchain 2024-08-31 07:57:08 -
Bitcoin Slumps in August: Liquidity Concerns and Selling Pressure Intensify
Bitcoin Slumps in August: Liquidity Concerns and Selling Pressure IntensifyAs August draws to a close, Bitcoin has lagged traditional assets, driven primarily by declining liquidity and heightened market concerns over potential Bitcoin stock sales by various governments. Analysis suggests that the overall Bitcoin supply may reach $33 billion...
Blockchain 2024-08-31 00:04:33 -
Trump Announces Plan to Make US "Crypto Capital of the World," Launches DeFi Project Linked to Family
Trump Announces Plan to Make US "Crypto Capital of the World," Launches DeFi Project Linked to FamilyFormer President Donald Trump recently announced that he will unveil a plan to make the United States the "crypto capital of the world." He posted a video message on his social media platform, X, Thursday, claiming he would be revealing his plan but offering no further details...
Blockchain 2024-08-30 11:21:41 -
Trump Backs Crypto Again, Vows to Make US the "Global Crypto Capital"
Trump Backs Crypto Again, Vows to Make US the "Global Crypto Capital"Former US President Donald Trump, currently running for president, is once again embracing cryptocurrency, attempting to leverage the crypto community for his campaign. On Thursday, August 29th, Trump posted a short video on his social media platform X (formerly Twitter), announcing a plan to be unveiled later that day to ensure the United States becomes the global hub for cryptocurrency...
Blockchain 2024-08-30 04:50:02 -
Hong Kong Monetary Authority Launches Ensemble Project Sandbox to Explore New Frontiers in Tokenized Asset Applications
Hong Kong Monetary Authority Launches Ensemble Project Sandbox to Explore New Frontiers in Tokenized Asset ApplicationsOn August 28, the Hong Kong Monetary Authority (HKMA) officially launched the Ensemble Project Sandbox and announced that the first phase of trials will cover four thematic use cases for tokenized assets. This marks a significant step forward in the practical application of tokenization technology in the financial industry and lays the foundation for Hong Kong to become a global leading center for tokenized asset trading...
Blockchain 2024-08-29 17:10:07 -
Exploring the Applicability of Blockchain Smart Contracts in International Sale of Goods: Opportunities and Challenges Coexist
Exploring the Applicability of Blockchain Smart Contracts in International Sale of Goods: Opportunities and Challenges CoexistBlockchain smart contracts, a typical product of the blockchain 2.0 era, have initially shown their application potential in international sale of goods scenarios, but their applicability boundaries remain unclear...
Blockchain 2024-08-29 16:37:16 -
Ant Chain Powers HKMA's RWA Implementation, Driving Digitalization of Real-World Assets
Ant Chain Powers HKMA's RWA Implementation, Driving Digitalization of Real-World AssetsOn August 29th, according to the official WeChat account of Ant Chain, the Hong Kong Monetary Authority (HKMA) announced two RWA implementation cases involving Ant Chain. This marks a significant advancement in Ant Chain's efforts to drive the digitalization of real-world assets...
Blockchain 2024-08-29 16:07:34 -
Ant Group Files Patent for Privacy Computing Algorithm, Utilizing Large Language Models to Evaluate Performance
Ant Group Files Patent for Privacy Computing Algorithm, Utilizing Large Language Models to Evaluate PerformanceFinancial World, August 29, 2024 - Tianyancha intellectual property information shows that Ant Blockchain Technology (Shanghai) Co., Ltd...
Blockchain 2024-08-29 04:18:54