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Bitcoin defies equity downturn as global markets digest Fed’s bearish 2025 rate cut projections: K33 Research
Bitcoin defies equity downturn as global markets digest Fed’s bearish 2025 rate cut projections: K33 Research

Bitcoin has edged higher over the past day despite global de-risking pulling equities lower, however, its 30-day Nasdaq correlation has climbed above 0.50, K33 Research reports.December’s FOMC meeting is seen as a major catalyst for the downturn in risk assets, with the Fed cutting its 2025 rate cuts forecast from four to two, analysts said.

The Block·2024/12/31 16:11
The 8 weirdest things people bet on via Polymarket in 2024
The 8 weirdest things people bet on via Polymarket in 2024

Quick Take While it was politics this year that bolstered Polymarket, the platform also opened other — and certainly weirder — prediction markets. From aliens to tampons, Donald Trump smoking weed or Kamala Harris saying “brat,” here are some of the most interesting Polymarket predictions in 2024.

The Block·2024/12/31 16:00
Crypto M&A deals expected to rise in 2025, top VCs say
Crypto M&A deals expected to rise in 2025, top VCs say

Quick Take Crypto M&A deals climbed to 248 in 2024, up from 221 in 2023 but still below 2022’s 271. Crypto VCs foresee consolidation rising in 2025, driven by clearer regulations and fintech expansion into crypto.

The Block·2024/12/31 16:00
How 2024 became the year of memecoins
How 2024 became the year of memecoins

Quick Take Though they’ve been around for over a decade, memecoins have come to define 2024 much like how initial coin offerings dominated 2017 and NFTs took over 2021. Memecoins left their mark on the digital asset industry and aren’t going anywhere, sparking conversations on how the digital asset landscape should consider them moving forward.

The Block·2024/12/31 16:00
IRS Issues New Notice That Eases Burden for CeFi Crypto Investors
IRS Issues New Notice That Eases Burden for CeFi Crypto Investors

IRS’s 2025 crypto relief for CeFi users is automatic. Taxpayers are not required to file or take action immediately.

Cryptopotato·2024/12/31 16:00
Virtuals Protocol (VIRTUAL) Hits an All-Time High on New Year’s Eve
Virtuals Protocol (VIRTUAL) Hits an All-Time High on New Year’s Eve

Virtuals Protocol's VIRTUAL token reached a record $4, driven by strong market momentum. The team remains focused on bold growth goals for 2025.

BeInCrypto·2024/12/31 12:58
Hyperliquid Airdrop Crashes 23% – Is There Hidden Bullish Signal?
Hyperliquid Airdrop Crashes 23% – Is There Hidden Bullish Signal?

This crypto analyst compared $HYPE at $20 with $SOL at $8. Here's why.

CryptoNews·2024/12/31 11:44
Ethereum (ETH) Price Gains Momentum as Indicators Hint at Bullish Shift
Ethereum (ETH) Price Gains Momentum as Indicators Hint at Bullish Shift

Ethereum (ETH) price rises 3%, showing recovery signs. RSI and DMI suggest potential bullish momentum, with $3,523 resistance in focus.

BeInCrypto·2024/12/31 09:30
Flash
07:16
Bitcoin Records Rare Back-to-Back Quarterly Decline
BlockBeats News, June 28th. Bitcoin fell below $60,000 over the weekend, with a cumulative decline of about 7% in the past week. As the second quarter comes to a close, Bitcoin is expected to see a quarterly decline of around 12%, following a 22% decline in the first quarter, potentially setting a rare record of consecutive quarterly declines in history. Meanwhile, altcoins have generally seen larger declines than Bitcoin. In the past week, Ethereum has fallen by about 9.5%, Dogecoin by 11.7%, HYPE by 10.6%, XRP by 8.7%, Solana by 3.5%, and TRON by approximately 1.5%. Analysts believe that the continued pressure on the market is mainly influenced by multiple factors, including funds flowing into AI-driven semiconductor and storage chip sectors, continuous outflows from the U.S. spot Bitcoin ETF, the Fed maintaining a hawkish stance, and the U.S. Dollar Index holding at high levels. The market will pay attention to the third-quarter ETF fund flows and whether demand improves to assess whether the crypto market can break away from the weak trend seen in the first half of the year.
07:13
A trader turned 2,330 US dollars into 614,500 US dollars by purchasing ANSEM, achieving a 261-fold return.
According to Odaily, monitoring by Lookonchain revealed that a trader with address CxCTVj spent $2,330 to purchase 14.2 million ANSEM. The trader has already sold 4.2 million ANSEM, obtaining $68,100, and still holds 10 million ANSEM (worth $548,800). The trader's total profit now stands at $614,500, with a return of 261 times.
07:07
El Salvador has accumulated an additional 8 BTC in the last 7 days, bringing its total holdings to 7,696.37 BTC.
BlockBeats News, June 28th, according to data from the El Salvador Ministry of Finance website, in the past week, El Salvador has accumulated an additional 8 Bitcoins. The country currently holds 7,696.37 Bitcoins, worth approximately $461 million.
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