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US Open prize money hits a record, Bencic unexpectedly advances to profit $830,000
The total prize money for the US Open has exceeded $90 million for the first time, providing new opportunities for professional players. Belgian player Barty advanced directly due to her opponent's withdrawal, with her prize money increasing from $154,000 to $237,000. The increase in tournament prize money reflects the rising commercial value of professional tennis, and Djokovic also pointed out that the prize system still needs optimization in the future. Overall, the profitability of top-tier events has improved, and the prize pool is expected to continue rising.
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The Complete Guide to Ascending Wedge Trading: Identification, Analysis, and Risk Management
Rising Wedge is one of the most widely used price patterns in technical analysis. This pattern appears across multiple financial markets including stocks, forex, commodities, and cryptocurrencies, helping traders predict trend reversals or continuations. The rising wedge is formed by two converging upward trend lines, and its key value lies in providing traders with clear expectations of market behavior and trading decision basis.
Why is the rising wedge worth paying attention to?
The importance of the rising wedge in technical analysis is reflected in its multiple functions. First, it is a reliable indicator of trend reversal or continuation — when it appears after an uptrend, it usually signals a bearish reversal, while in a downtrend, it may indicate a bullish reversal. Second, the rising wedge offers traders clear entry and exit points, especially based on price action during pattern breakouts.
The practical value of the rising wedge also includes helping traders identify support and resistance levels. The support line is formed by connecting a series of higher lows,
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Basics of Distributed Ledger Technology: How Blockchain Works
Blockchain is becoming an increasingly important technology in the modern world. Let's understand what is behind this term and why investors pay so much attention to it.
The essence of distributed ledger technology
Blockchain is a data storage system based on network nodes, where information
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XRP Performance in the Trend: On-Chain Data, Market Dynamics, and Price Outlook Analysis
Currently, XRP faces multiple challenges, including macroeconomic pressures and a decline in on-chain user activity. At the same time, Ripple's investments in ecosystem development and institutional participation provide support for its long-term prospects. Future performance will be closely related to regulatory environment, adoption by financial institutions, and market sentiment.
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Understanding crypto spot trading: it's easier than it seems
For newcomers to the cryptocurrency world, the term "spot trading" may sound intimidating, but in reality, it's much simpler. Spot in crypto is the most basic and straightforward way to work with digital assets — just buy, own, and you can use them anywhere.
Main principle: direct ownership without the need for intermediaries.
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Hammer Pattern in Trading: From Identification to Profitability
The hammer pattern is favored by traders for its simplicity and strong reversal signals. Although it performs well across multiple markets, it must be used in conjunction with other indicators to improve success rates and be aware of potential false signals. A deep understanding of the pattern and its variations can help enhance trading effectiveness and risk management capabilities.
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Is the ascending wedge about to break? Mastering this trading rule is the key to making money.
The ascending wedge is a classic technical pattern that essentially reflects the comparison of market forces. When it appears in an uptrend, it usually indicates a price decline; when it appears at the end of a downtrend, it often signals a reversal. Successfully identifying an ascending wedge requires attention to trendlines, trading volume, and timeframes, while also setting stop-losses and reasonable profit targets. For traders, understanding its nature and recognition techniques are key to seizing market opportunities.
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Centralized exchange (CEX is) — what traders need to know
Why do traders choose centralized platforms?
In the crypto industry, there are two main types of trading platforms: centralized and decentralized. What is a CEX — is a question that every crypto newcomer asks themselves. Essentially, it is an online marketplace for trading cryptocurrencies managed by a single entity.
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Three Soldiers Pattern: Identifying Reversals in the Cryptocurrency Market
Crypto traders are constantly looking for reliable trend reversal signals. The high market volatility requires a deep understanding of technical analysis and candlestick patterns. One of the most recognizable patterns is the Three Soldiers pattern or "3 White Soldiers," which serves as an indicator of an upward movement p
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Margin in crypto: a complete analysis of leverage and risks when trading cryptocurrencies
The cryptocurrency market attracts traders with the opportunity to earn large sums. But how can you increase your income without a proportional increase in capital? The answer lies in using borrowed funds. This article explains the mechanics of margin in crypto, how leverage works, and p
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Fish in the network: a massive transfer of 15,615 BTC causes the Bitcoin market to tense up
A blockchain monitoring platform reported a significant transfer of approximately $136.9 million, involving 15,615 BTC between two unidentified wallets. Such transactions among Bitcoin whales may indicate impending market movements, prompting investor interest. Current market conditions show Bitcoin trading at $92.26K, highlighting the importance of this large transfer.
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OM Token Migration: the January 15 deadline is approaching
MANTRA ecosystem users must note vital updates regarding their main token. Support for ERC20 OM tokens will end on January 15, with less than 8% of tokens remaining in this format. Users are urged to migrate to supported versions immediately to avoid access issues.
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Cryptocurrency Market 2025: Conservative Shift and Dominance of Leaders
Analysts observe a noticeable trend in the digital asset market as investors increasingly adopt a conservative approach. This is reflected in the growing demand for established assets with good liquidity. Bitcoin's market share has risen to 64%, indicating a shift toward more stable investments among market participants.
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Long-term investors restart Bitcoin accumulation strategy; market may see a rebound opportunity
Bitcoin recently dropped to $92,160, but long-term holders are beginning to buy more against the trend, leading to a large-scale accumulation phenomenon, which may indicate the formation of a market bottom. Analysts believe that a calm deployment of funds will influence the market's supply and demand relationship, potentially accumulating momentum for a rebound.
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Polymarket targets P2P arbitrage: How the new fee structure changes the game
A trader earned $515,000 last month through arbitrage strategies on Polymarket, with a success rate of 99%. His strategy capitalized on market quote delays for profit. To counter arbitrage activities, Polymarket introduced dynamic fees of up to 3.15%, suppressing short-term arbitrage and protecting liquidity providers. This case has sparked discussions on balancing liquidity and arbitrage behavior in prediction markets.
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Tether strengthens Tron liquidity reserves: Over one billion USDT flooding in
Tether has issued an additional 1 billion USDT on the Tron blockchain, further expanding its asset scale. This move demonstrates support for the liquidity ecosystem of the Tron network. The supply of USDT across major blockchains reflects market demand for it, and Tron has attracted a large amount of USDT flow with low fees and efficient transactions. This issuance optimizes cross-chain asset allocation strategies to meet users' trading needs.
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Can political overturns help escape imprisonment? An analysis of Sam Bankman-Fried's new strategy
The former crypto giant Sam Bankman-Fried was sentenced to 25 years in prison for fraud. Now, while in prison, he has shifted to supporting Trump, hoping to secure a presidential pardon. He claims that FTX was not truly bankrupt and accuses external creditors of delaying compensation, but his credibility has become difficult to restore. Whether he can turn his fate around in the future remains uncertain.
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## The Economist 2024 Cover Analysis: Traditional Currency Crisis and Strategic Opportunities in Digital Assets
The Economist magazine is renowned for its profound economic insights. Its 2024 cover design has sparked widespread market attention—this annual analysis no longer focuses solely on crypto assets but instead conveys a clear signal through a multi-dimensional global economic perspective: traditional fiat currencies are under unprecedented pressure.
### The Core Message Behind the Cover
The visual design of the 2024 publication cover is striking. Symbols of major fiat currencies such a
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Liquidity Pool: A Practical Guide to Earning Passive Income
Liquidity pools are the core infrastructure of decentralized exchanges, allowing users to directly swap cryptocurrencies. Liquidity providers can profit through trading fees and platform rewards. At the same time, caution should be exercised regarding impermanent loss and market risks. Choosing the right platform and trading pairs is key to successful participation.
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