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Bitcoin Set for Correction Before Continuing Upward Trend, Predicts Galaxy Digital CEO
Bitcoin Set for Correction Before Continuing Upward Trend, Predicts Galaxy Digital CEO

Mike Novogratz suggested a Bitcoin correction might drop it to the mid-$50,000s before a new surge to a record high.

Cryptopotato·2024/03/01 23:29
Bitcoin layer 2s among catalysts of this bull cycle, Bitcoin OG says
Bitcoin layer 2s among catalysts of this bull cycle, Bitcoin OG says

The emerging Bitcoin layer-2 sector will be one of the main narratives driving BTC’s price to unprecedented highs in this bull cycle, says Bitcoin OG Dan Held.

Cointelegraph·2024/03/01 21:01
Bitcoin Set for 10 Months Of Face Melting FOMO, Says PlanB
Bitcoin Set for 10 Months Of Face Melting FOMO, Says PlanB

How high can Bitcoin go? PlanB insists that his stock-to-flow model is now right back on track.

Cryptopotato·2024/03/01 18:08
Flash
18:35
WTI July crude oil futures closed down $4.70, a decline of 5.82%, at $76.05 per barrel.
NYMEX July natural gas futures settled at $3.2390 per million British thermal units. NYMEX July gasoline futures settled at $2.8805 per gallon, and NYMEX July heating oil futures settled at $3.1702 per gallon.
18:33
Nokia has announced that it will expand its base station production capacity to ten times the current level, with the newly added capacity scheduled to be officially put into operation before the end of the third quarter.
At present, the global demand for telecommunications network construction continues to rise. With Nokia significantly increasing its base station production capacity this time, it will provide stronger equipment supply support for network deployment projects of operators worldwide, better meeting the construction pace of 5G and other telecommunications networks in different regions.
18:33
The crude oil futures night session listed on the Shanghai International Energy Exchange closed down 3.93%, with a final price of 508.90 yuan per barrel.
The night session of Shanghai gold futures, linked to the Shanghai Gold Exchange, closed down 0.06%, while the night session of Shanghai silver futures closed down 0.07%. Price fluctuations in such domestic bulk commodity night sessions are typically associated with multiple factors, including trends in international commodity markets, expectations for macroeconomic policies, and changes in global supply and demand. The subsequent trend will also continue to be influenced by relevant factors such as the global crude oil supply and demand structure and the trajectory of global inflation.
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