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Morgan Stanley Backs Bitcoin as a Scarce Asset
Morgan Stanley Backs Bitcoin as a Scarce Asset

Morgan Stanley sees Bitcoin as digital gold and recommends up to 4% allocation in growth portfolios.Conservative Crypto Allocation RecommendedBitcoin’s Role in Modern Portfolios

Coinomedia·2025/10/06 04:00
Bitcoin Hits Highest Weekly Candle Close Ever
Bitcoin Hits Highest Weekly Candle Close Ever

Bitcoin records its highest weekly candle close in history, signaling strong bullish momentum.What Does This Mean for the Market?Eyes Set on New Highs

Coinomedia·2025/10/06 04:00
Bitcoin Price Surge: $124K and Climbing
Bitcoin Price Surge: $124K and Climbing

Bitcoin breaks past $124K, signaling a strong bull run and renewed investor confidence.What’s Fueling the Bitcoin Price Surge?What’s Next for Bitcoin?

Coinomedia·2025/10/06 04:00
Flash
15:32
Data: In the past 24 hours, total liquidations across the network reached $503 millions, mainly long positions.
ChainCatcher News, according to CoinGlass data, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $503 million, of which long positions accounted for $363 million and short positions accounted for $140 million.
15:03
A certain whale sold 500 PAXG in the past 6 hours, with an estimated profit of $217,000.
PANews reported on February 28 that, according to monitoring by Lookonchain, the whale 0x6Afa, who bought 1,343 PAXG (worth $7.08 million) at an average price of $5,269 one month ago, has started selling to take profits. In the past 6 hours, he sold 500 PAXG (worth $2.74 million) at an average price of $5,480, and still holds 843 PAXG (worth $4.55 million), earning a profit of $217,000.
14:46
On-chain gold absorbs black swan events during traditional market closures, highlighting the advantages of blockchain.
ChainCatcher reported that, due to the full escalation of the US-Iran conflict, the on-chain gold prices represented by PAXG and XAUT have surged sharply. Among them, PAXG reached a peak of $5,600, with a single-day trading volume exceeding $1 billion, fully reflecting investors' demand for gold trading during black swan events. In contrast, the gold market under the traditional financial system remains closed.
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