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BREAKING: Solana ETF Applications Allegedly Withdrawn
BREAKING: Solana ETF Applications Allegedly Withdrawn

According to a crypto journalist, Solana ETF applications may have been withdrawn. Here are all the details about the development.

Bitcoinsistemi·2024/08/17 03:27
Meme logic is not suitable for Base?
Meme logic is not suitable for Base?

Brett, the "Base mascot" who has the same origin as Pepe, seems to have brought a negative chain reaction to Base's initial user group.

BlockBeats·2024/08/17 02:30
Here is why memecoins are dead in this current market cycle
Here is why memecoins are dead in this current market cycle

Share link:In this post: Nate Gerasi says smart money interest in crypto is why memecoins have collapsed. The ETF Institute founder believes memecoins decline is good for crypto’s long-term adoption. A crypto analyst argued that memecoins are not dead and will soon rebound.

Cryptopolitan·2024/08/16 16:00
Crypto startups raise more VC funding amid digital asset market slowdown
Crypto startups raise more VC funding amid digital asset market slowdown

Share link:In this post: Pitchbook’s Q2 report revealed that Crypto startups venture capital investment slightly grew in the second quarter. Crypto startups reportedly closed fewer deals between April and June compared to January and March 2024. The report comes soon after Pantera and Paradigm revealed plans to boost crypto fundraising efforts.

Cryptopolitan·2024/08/16 16:00
Stocks worldwide hit new highs with best week in nearly a year
Stocks worldwide hit new highs with best week in nearly a year

Global stocks had their best week in almost a year, bouncing back from a rough start in August. The S&P 500 rose nearly 4%, and Japanese stocks jumped almost 8% this week. Bitcoin’s price is volatile but could benefit if the stock market rally continues.

Cryptopolitan·2024/08/16 16:00
Equities surge on U.S. inflation slowdown – Crypto market gets left out
Equities surge on U.S. inflation slowdown – Crypto market gets left out

Share link:In this post: Stocks are soaring as U.S. inflation slows down, but the crypto market isn’t feeling the love. The government moved thousands of Bitcoins, triggering fears of a potential sell-off. Crypto fans were disappointed when Donald Trump’s interview with Elon Musk didn’t mention anything about crypto.

Cryptopolitan·2024/08/16 16:00
Flash
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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