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BNY Mellon CEO on Crypto’s Rise: Can the Dollar Stay on Top?

Cryptodnes·2024/09/08 18:15

Ethereum 50% below its all-time high partially due to interoperability issues

Share link:In this post: Ethereum whales have stopped accumulating ETH since July, analysts note. Interoperability issues across Layer 2 solutions like Polygon and Arbitrum could be frustrating users. Ethereum, with a $300 billion market cap, faces high expectations as per top industry executives.

Cryptopolitan·2024/09/08 16:00

XRP Struggles Against Bitcoin as Developers Shift to Other Blockchains

Cryptodnes·2024/09/08 16:00

Ethereum Network Thrives Despite ETH Price Stagnation

Coinedition·2024/09/08 16:00

Global crypto investment products record largest weekly outflows since March, totaling $726 million: CoinShares

Quick Take Global crypto investment products witnessed $726 million in net outflows last week amid rate cut uncertainty, according to CoinShares. This matches the largest recorded net outflows set in March, Head of Research James Butterfill noted.

The Block·2024/09/08 16:00

Altcoins on the Brink of an Explosive 2017-Style Bull Run?

Coinedition·2024/09/08 16:00

Bitcoin Price Stable Despite Market Fluctuations, Hash Rate Soars

Coinedition·2024/09/08 16:00

How low can Bitcoin go? 5 things to know about crypto this week

Bitcoin starts trading above $55K early in the week, recovering from weekend losses. This is the final week of inflation data before the long-anticipated September Fed meeting. Trump and Kamala Harris’s Tuesday presidential debate will be the leading market catalyst.

Cryptopolitan·2024/09/08 16:00

Polymarket betters think there's a 13% chance Trump will mention 'crypto' at the second presidential debate

Quick Take Polymarket users have bet $101,000 that Trump will say “crypto” at the second presidential debate on Sept. 10 in Philadelphia. The prediction sits low on the list of possible mentions, comparable to the 19% odds of Trump saying “alien” three or more times during the event.

The Block·2024/09/08 16:00

Bitcoin Sellers Challenge $100,000 Milestone Amid Market Manipulation Concerns

Coinotag·2024/09/08 16:00

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12:43

Bankless Co-founder Reveals Entry Prices for Partial Token Swaps: HYPE around $45, ZEC around $560

BlockBeats News, June 4th, Bankless co-founder David Hoffman responded to a user inquiry about his entry prices for NEAR, HYPE, ZEC, and LIT, stating, "NEAR around $1.40, HYPE around $45, ZEC around $560, LIT around $1.35." Earlier reports indicated that David Hoffman mentioned that after selling off his ETH holdings, he immediately allocated about 50% of the funds to purchase VVV, NEAR, ZEC, HYPE; the remaining 50% of the funds were kept as cash reserves for gradual DCA (dollar-cost averaging) entries, all of which have now been used to acquire LIT.

12:43

CleanSpark: Sold a total of 654 BTC in May, with total bitcoin holdings reaching 13,470 BTC

Jinse Finance reported that Nasdaq-listed Bitcoin mining company CleanSpark released its unaudited operational update for May 2026, disclosing a mining output of 671 Bitcoins in May. During the same period, 404 spot Bitcoins were sold, and 250 Bitcoins were sold through option exercises. As of May 31, the total Bitcoin holdings reached 13,470. CleanSpark also announced the appointment of a new Senior Vice President of Finance to enhance the financing capability for its artificial intelligence data center project, aiming to transform into an AI and digital infrastructure platform.

12:41

World Gold Council: Physical market cools and energy risks rise, gold may continue to show weak performance

According to Golden Ten Data on June 4, the World Gold Council stated that some physical gold markets appear to have weakened, with discount trading observed in India and South Korea, and sporadic selling signs in the Japanese market. Global gold ETF inflows performed weakly in May. As the standoff in the Strait of Hormuz continues, there remains a possibility that official entities may occasionally engage in gold swaps or sales. In the short term, the greatest risk may come from the energy market. Oil prices are currently dominating market attention, inflation expectations, and bond yield trends. If inventory declines lead to a sharp rise in energy prices, this could initially push up bond yields, strengthen the US dollar, and extend gold’s current weakness, with the market gradually reflecting its longer-term impact only later.

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Bankless Co-founder Reveals Entry Prices for Partial Token Swaps: HYPE around $45, ZEC around $560

World Gold Council: Global gold ETFs turned to net outflows in May

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