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Bitcoin RSI points to short-term gains as metric signals BTC price top
Bitcoin RSI points to short-term gains as metric signals BTC price top

The value days destroyed multiple is hinting at an incoming BTC price macro top, but all might not be as it seems.

Cointelegraph·2024/04/10 10:13
Spot bitcoin ETF cumulative trading volume crosses $200 billion
Spot bitcoin ETF cumulative trading volume crosses $200 billion

Cumulative trading volume for the U.S. spot Bitcoin ETFs broke past the $200 billion mark yesterday.The milestone comes amid continued net outflows for the funds on Tuesday as bitcoin’s price dropped around 5%.

The Block·2024/04/10 09:43
Is Bitcoin's on-chain bull run momentum over? Indicator flashes red
Is Bitcoin's on-chain bull run momentum over? Indicator flashes red

The indicator signals that behavior amongst Bitcoin OGs is quite different to previous Bitcoin halvings.

Cointelegraph·2024/04/10 07:59
Bitcoin (BTC) Halving Rally Already Priced in, Says Marathon CEO
Bitcoin (BTC) Halving Rally Already Priced in, Says Marathon CEO

Marathon chief executive officer Peter Thiel does not think there will be any significant BTC price movements around or after the halving event.

Cryptopotato·2024/04/10 07:34
Restaking protocol EigenLayer partially launches on Ethereum mainnet
Restaking protocol EigenLayer partially launches on Ethereum mainnet

EigenLayer is live on the Ethereum mainnet, but several crucial features are still on the way — slated for release “later this year.”

Cointelegraph·2024/04/10 06:04
Flash
10:19
Polymarket predicts a 36% probability on the event "Bitcoin drops to $55,000 in June."
BlockBeats News, June 10th, as Bitcoin briefly dropped below $61,000, the prediction on Polymarket for "Bitcoin dropping to $55,000 in June" had a 36% probability (4% on June 2nd). Furthermore, the probability of dropping to $50,000 was 16%, and the probability of rising to $65,000 was 57%.
10:00
"ETH Long" Buddy Faces Partial Liquidation Again, Cumulative Loss Reaches Nearly $35 Million
BlockBeats News, June 10th, according to Onchain Lens monitoring, as the market declined, "Big Brother Whale" Huang Li Cheng's 25x ETH long position was partially liquidated again. He also closed most of his position, and is currently facing a loss of approximately $35 million.
09:55
Tonight, ahead of the CPI data release, the probability of a Fed interest rate hike this year is 68.8%.
BlockBeats News, June 10th, according to CME's "FedWatch" data, the probability of a Fed rate hike within the year is 68.8% tonight before the announcement of the May CPI data in the United States. The probabilities are as follows: 43.1% for a cumulative 25 basis point hike, 21.2% for a cumulative 50 basis point hike, 4.2% for a cumulative 75 basis point hike, and 0.3% for a cumulative 100 basis point hike. The U.S. Bureau of Labor Statistics will announce the May CPI data tonight at 20:30. The market generally expects the May CPI to rise by 0.5% month-over-month, with a year-over-year growth rate of 4.2%. If this expectation is met, it will be the first time the U.S. CPI has returned to above 4% since May 2023, reaching the highest level since April 2023. As for the core CPI, the market expects a 0.3% month-over-month increase in May, with a year-over-year growth rate of 2.9%.
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