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Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure


As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance...

110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings


Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow...

Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash


Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger...

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