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ProShares Ether ETF Newsroom
The IMF warns that these two major industries are comparable to "electricity-hungry giants": their power consumption approaches that of a major economy.
①IMF Deputy Managing Director Gita Gopinath is concerned that the energy consumption and carbon footprint of cryptocurrency mining and datacenters are rapidly increasing; ②She expects that by 2027, the share of these two industries in global electrical utilities may rise from 2% in 2022 to around 3.5%; ③This level is comparable to the current electricity consumption of Japan, the world's fifth largest electricity-consuming country.
Bitcoin will launch another offensive.
The next key resistance level may be $92,500.
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11.15 Zhang Lihui: Where are the key entry points for ethereum long and short decisions? Today's latest ethereum (ETH) market analysis reference.
Change starts with cognition, cognition starts with making friends; walking with history, insight into more possibilities. Listen to different opinions, accumulate wisdom. Explore new perspectives together, solve problems, and broaden thinking.
Ethereum Whale Activity Hits Record Highs: ETH's 20% Rally Explained!
CPI inflation under control, bitcoin suddenly drops 5000 US dollars after surpassing 0.093 million, liquidating more than 0.25 million long and short positions.
The usa announced that the October CPI data met expectations, and the market anticipates a 25 basis point rate cut by the Federal Reserve in December. Bitcoin surged as a result, briefly breaking through $93,000.
Bitcoin hits a new high again. Here are 3 cryptocurrencies worth buying in the current bull market.
Bitcoin hits a new high again. Here are 3 cryptocurrencies worth buying in the current bull market.
Ethereum's upward momentum is weakening: a temporary pullback is expected.
Negative sentiment in the cryptocurrency market is gradually intensifying again, major digital assets (such as the second largest cryptocurrency ethereum) are experiencing noticeable setbacks, causing a slowdown in their upward price momentum.
With CPI inflation under control, bitcoin experienced a "sharp drop of 5,000 dollars" after breaking through 0.093 million, with over 0.25 million people liquidated in a long and short squeeze.
The usa Department of Labor released data last night (the 13th) showing that the consumer price index (CPI) in the usa rose 2.6% in October compared to the same period last year, and increased slightly by 0.2% compared to September this year, both in line with previous expectations.
Analysis of the bitcoin and ethereum market on November 15, grasping the important resistance levels to build positions.
Analysis of the bitcoin and ethereum market on November 15, grasping the important resistance levels to build positions.
November 14 bitcoin market analysis
Yesterday's thinking was to look for a rebound to go long, with bitcoin establishing a 30-minute central point and continuing to break upwards. The market smoothly completed the ideal structure but generated a divergence and fell back to the central point! Today's thinking primarily looks for fluctuations. Although the market fell back into the central area, it did not break below the support of the central midpoint and still showed strong performance. In principle, it can continue to rise and create new highs, but the upward momentum in the morning was relatively weak, requiring continuous observation of the subsequent changes in the market!
Crypto circle academician: On November 14, ethereum's volatility exceeded 150 points in one day! The risk of losing resistance has increased.
Trading is not about shorting against the big bullish candlesticks or bottom fishing against the big bearish candlesticks. This chasing highs and selling lows is destined to be abandoned by the market. Trading should be following the trend as the king, you should carefully consider it.
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Bitcoin rally pauses: halftime break or already at the peak?
①After Bitcoin reached a high of $90,000 and fell back, analysts pointed out that as the market gradually digests the positive impact of Trump's election on cryptocurrencies, Bitcoin's rise has entered a consolidation phase; ③Although Trump's policies are likely to boost inflation and be bearish for cryptocurrencies, the market sentiment remains positive, with Bitcoin call options still betting on the price breaking through $0.1 million.
BTC is money I can't afford to lose
Overnight, BTC once retraced from nearly $90,000 to $84,000. BTC has "collapsed" again. For more than a decade, BTC has been collapsing upwards, which is really a bit of dark humor similar to the US military's 'retreat by advancing' on the Korean Peninsula back then.