$BTC $ETH $XRP 📉 Market & Price Action: XRP & Bitcoin volatility: XRP prices plunged and struggled at key technical support as Bitcoin slips below key levels.Bitcoin trading weak: BTC is hovering around $86,000 to $87,000 with subdued sentiment amid broader risk off conditions.Altcoins weak too: Polkadot (DOT) down 3% as market breadth stays bearish.Market data shows Bitcoin $86.5K and Ethereum $2.83K in recent trading. 🏦 Exchange & Infrastructure Moves: Coinbase expands services: Coinbase is rolling out stock trading and prediction markets, aiming to become a broader financial platform beyond crypto.Hong Kong crypto IPO: HashKey Holdings debuted on the Hong Kong Stock Exchange with strong investor interest, marking a rare crypto related IPO. 🌍 Global & Regulatory: Risk flagged in Central African Republic: Opaque cryptocurrency schemes in CAR may endanger state assets, according to a new international crime report.Broader industry analysis suggests crypto markets are reacting to macro pressures and technical selling. 🔎 Extra Notable Headlines Today: Fidelity CEO on Bitcoin: Fidelity’s CEO publicly described Bitcoin as a “gold standard” asset, highlighting institutional views.Investor strategy shifts: After recent market downturns, institutional and retail investors are exploring cautious, risk managed crypto strategies.ETF flows & investor sentiment: Bitcoin held ground near $87K despite over $350M in ETF outflows, signaling measured confidence.
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🤔 Is the independence of the central bank under test? The government is exerting pressure
Analysts point out that if Tanabe Masakazu's remarks clearly "stand on the government's side", it aims to weaken the likelihood of the central bank raising interest rates this week. This has again sparked discussions about the independence of the Bank of Japan. The policy direction is critical amidst the dilemma between inflation and growth, affecting global nerves.
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Bitcoin Cash (BCH) was born in 2017 from a hard fork of Bitcoin, originally intended to improve transaction efficiency by expanding block capacity. In its early days, it gained market popularity with the narrative of being an 'upgraded version of Bitcoin', and the price surged, attracting many retail investors to enter the market.
In November 2018, the BCH community experienced a serious split in direction, with the core conflict focusing on whether to introduce the 'Infrastructure Funding Plan (IFP)' — a plan that proposed to extract 8% of block rewards for project development. The BCH ABC team, led by Wu Jihan, supported this proposal, while the BCH SV team, led by Craig Wright, firmly opposed it, with both sides accusing each other of violating the spirit of decentralization.
The divide eventually escalated into a hash war, with mining pools from both camps increasing their hash power investments in an attempt to gain control over the chain, causing significant turmoil in the community and the market. After the hash war began, market panic spread, leading to a rapid drop of about 50% in the price of BCH within just a few days, causing significant losses for many retail investors who had high positions and panicked sold.
After the fork, BCH split into two independent public chains, BCH ABC and BCH SV, with the original consensus ecosystem being fractured and liquidity significantly diverted. The prices of both chains remained depressed for a long time, and early supporters of BCH's prospects were trapped for years. This internal struggle was essentially a conflict of interests among different parties, rather than a healthy iteration based on technological innovation, ultimately making ordinary investors, who lacked informational advantages, the victims of the battle for interests.
Most people won’t even finish this post. ⏳ They’ll scroll. They’ll miss it. They always do. 🫧 But you didn’t. And that already puts you ahead. This giveaway isn’t for noise chasers or late followers. It’s for awareness. 🧠 It’s for consistency. 🔁 It’s for those who stay locked in before momentum becomes obvious. 🎯