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$BTC Bitcoin (BTC) is a decentralized digital currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates without a central authority like a bank, using peer-to-peer technology to verify and record transactions on a public, distributed ledger called the blockchain. Key features include its limited supply of 21 million coins, enhancing scarcity, and its use of cryptography for secure transactions. Bitcoin transactions are irreversible and transparent, recorded on the blockchain, though user identities remain pseudonymous. It can be used for online payments and as an investment. While initially conceived as a peer-to-peer payment system, its increasing value and adoption have broadened its use cases. Bitcoin's price can be volatile, influenced by market sentiment, adoption rates, and regulatory developments. It remains the largest cryptocurrency by market capitalization and a significant asset in the digital finance landscape.
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#CryptoRoundTableRemarks The hashtag #CryptoRoundTableRemarks appears to be used on Binance Square for discussions related to cryptocurrency market analysis and forecasts. Users are engaging with this hashtag to share their insights and participate in platform challenges. Examples include users discussing their crypto holdings with real-world use cases, analyzing the top-gaining cryptocurrencies, and sharing their experiences with daily verification and challenge participation on the platform.
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#CryptoCPIWatch #CryptoCPIWatch Summary (as of May 14, 2025) Crypto investors closely monitor the US Consumer Price Index (CPI) as it significantly influences market sentiment and potential Federal Reserve interest rate decisions. Higher-than-expected CPI readings, indicating rising inflation, can lead to decreased demand for risk assets like cryptocurrencies as investors favor traditional assets due to potential rate hikes. Conversely, lower inflation figures might boost crypto prices. The latest US CPI data for April, released on May 13, 2025, showed a year-on-year increase of 2.3%, slightly below the 2.4% forecast. This undershot forecast has been interpreted as potentially reinforcing the Federal Reserve's patience regarding interest rate cuts. In response to this data, Bitcoin experienced some volatility, initially slipping below $103,000 as some traders took profits before stabilizing. The overall impact on the crypto market remains subject to investor interpretation and broader economic conditions.
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$ETH Ethereum is a decentralized, open-source blockchain platform best known for its smart contract functionality. Unlike Bitcoin, which primarily focuses on digital currency, Ethereum enables developers to build and deploy decentralized applications (dApps) without intermediaries. Its native cryptocurrency, Ether (ETH), fuels the network and is used to pay transaction fees, known as "gas." Ethereum's versatility has led to numerous use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Recent on-chain data indicates increased buying pressure, potentially influenced by institutional interest and developments like the US-UK trade agreement. While price predictions vary, some analysts foresee significant growth if key resistance levels are broken.
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#ETHCrossed2500 On May 11, 2025, Ethereum (ETH) surpassed the $2,500 mark, reaching a price of $2,500.439941 USDT on Binance. This represents a 2.83% increase in the last 24 hours. The surge in price has elevated Ethereum's market capitalization, now exceeding that of Coca-Cola and ranking it as the 40th largest asset globally. This upward movement follows a period of significant volatility and a substantial 21% gain recorded on May 9th, the largest single-day increase since May 2021. While there were some ETF outflows, overall sentiment remains positive, with analysts suggesting potential further gains for ETH.
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Latest News
UK to Propose New Crypto Asset Regulations for Banks by 2026
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DOJ Seizes Over $225 Million in Cryptocurrency Linked to Investment Scams
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Microsoft Considers Halting Negotiations with OpenAI Over Key Issues
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Bitcoin(BTC) Surpasses 105,000 USDT with a 0.51% Increase in 24 Hours
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New York Authorities Uncover Cryptocurrency Scam Targeting Russian Community
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