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Someone is Buying the Ethereum (ETH) Dip… But It’s Not What You Think
Someone is Buying the Ethereum (ETH) Dip… But It’s Not What You Think

The least expected people are buying the ETH dip.

Cryptopotato·2024/08/04 16:00
Solana (SOL) may never reach $1,000 due to supply growth
Solana (SOL) may never reach $1,000 due to supply growth

Share link:In this post: Solana (SOL) may still feel pressure from VC wallets. The SOL supply is growing due to the need to reimburse validators. SOL slid to $121.26 after a market correction, but long-term prices may continue to feel pressure due to the uncapped supply and new token issuance.

Cryptopolitan·2024/08/04 16:00
Bitcoin falls under $50K, crypto liquidations hit $1 billion
Bitcoin falls under $50K, crypto liquidations hit $1 billion

Share link:In this post: Bitcoin falls to $49,000, leading to overall crypto losses. The crypto market cap falls by 17%. 277,913 traders were liquidated in the last 24 hours for a total of $1.06 billion.

Cryptopolitan·2024/08/04 16:00
Crypto Market Crash Aside: 3 Things to Watch This Week
Crypto Market Crash Aside: 3 Things to Watch This Week

Things couldn’t get much worse for crypto markets following their largest retreat for more than a year. However, this week’s economic calendar in the US is slow which could limit further volatility.

Cryptopotato·2024/08/04 16:00
Bitcoin Bear Peter Schiff Predicts BTC ETF Selloff To Overwhelm Spot Market
Bitcoin Bear Peter Schiff Predicts BTC ETF Selloff To Overwhelm Spot Market

It’s Peter Schiff’s time to shine.

Cryptopotato·2024/08/04 16:00
Flash
08:20
European stocks rose on Thursday with mixed performance among luxury goods and technology shares.
⑴ European stocks rose in Thursday trading, with the STOXX 50 index up 0.5% and the STOXX 600 index up 0.4%, supported by a slight decline in oil prices and improved market expectations for a broader agreement with Iran. ⑵ Market sentiment was boosted after the United States stated that Israel and Lebanon had agreed to a ceasefire, provided that Hezbollah also stopped hostile actions. LVMH rose 2.0%, L'Oréal gained 1.5%, Hermès was up 1.9%, and SAP rose 3.6%. ⑶ B&M European Value advanced 6.5%, posting gains for a second consecutive session and leading the STOXX 600 index; Puma gained 5.9% and Capgemini was up 5.4%, also among the top performers. ⑷ Meanwhile, tech and AI-related stocks came under pressure due to the weaker outlook from US chipmaker Broadcom. ASML fell 0.2% and Infineon was down 2.8%.
08:19
Federal Reserve officials release hawkish signals, another rate hike adjustment window may open within the year
Federal Reserve officials send hawkish signals, further rate hike adjustments possible this year
08:19
US optical communication concept stocks collectively fell in pre-market trading, with Marvell Technology down over 4%.
Glonhui June 4|Dragged down by Broadcom's sharp decline, optical communication concept stocks collectively fell in U.S. pre-market trading. Among them, Broadcom dropped 12%, POET Technologies dropped over 6%, Nokia dropped over 5%, Marvell Technology dropped over 4%, Corning and Lumentum dropped over 3%.
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