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Market News: The Ethereum Foundation is under official investigation by a country

Bitget·2024/03/20 15:32

Ethereum Foundation has received a confidential enquiry from a state authority, shows GitHub commit

The Ethereum Foundation has received a voluntary and confidential enquiry from an unspecified state authority, according to the foundation’s GitHub repository. As a result, the foundation has removed the “Warrant Canary” from its website.

The Block·2024/03/20 15:22

Is the Bitcoin halving priced in? Analysts compare BTC price targets vs previous halvings

The Bitcoin halving is less than 30 days away. Should investors expect a new all-time high or is the event already priced in?

Cointelegraph·2024/03/20 15:04

Greeks.live: All major term IVs have reached their highest levels in the past year, and the FOMO sentiment caused by the surge has disappeared

TechFlow·2024/03/20 14:53

TON Foundation launches Toncoin community rewards initiative worth over $100 million

Quick Take The TON Foundation has announced the launch of The Open League — a 30 million Toncoin community rewards initiative. Valued at over $115 million, the distribution will be allocated to competing projects and TON ecosystem users starting next month.

The Block·2024/03/20 14:52

In Defense of Meme Coins

Cointime·2024/03/20 14:37

Grayscale transferred a total of approximately 1,473 BTC to CEX

Bitget·2024/03/20 14:08

Bitcoin halving event now just a month away, expected to occur on 4/20

According to The Block’s halving countdown, Bitcoin’s next halving event, when miners’ block rewards are cut in half, is just a calendar month away. The estimated time remaining would see Bitcoin’s fourth halving arrive on April 20, with the block reward dropping from 6.25 BTC to 3.125 BTC.

The Block·2024/03/20 14:06

Bitcoin price retraces 30 days ahead of halving in historical pattern

Bitcoin price has historically retraced ahead of previous Bitcoin halvings, but when will it bounce back?

Cointelegraph·2024/03/20 13:31

STX Rallies Over 13% Amid Market Correction, Indicators Remain Bullish

Coinedition·2024/03/20 13:25

Flash

08:39

Analyst: Bitcoin Whale Absorbed Market Panic Selling at $60,000, Potentially Forming Key Support Level

BlockBeats News, June 10th, CryptoQuant analyst Woominkyu stated in a post that during BTC's fall to $60,000, retail investors panicked, but on-chain data showed that "smart money" was buying the dip. Woominkyu explained that on June 2nd and 3rd, dormant wallets moved a significant amount of BTC to exchanges, causing BTC's price to drop from $71,000. When BTC fell to the $60,000 to $61,000 range, the whale ratio on exchanges rose to 61.6%, indicating whale-dominated buying activity that absorbed market panic selling. In the past 5 days, whales withdrew 11,422 BTC from exchanges, valued at around $700 million, and transferred them to cold storage, leading to significant net outflows from exchanges. Woominkyu believes that the transfer of chips from weak hands to strong hands has been completed, and after more than 11,000 BTC were removed from the market, the $60,000 to $61,000 range has formed a key support before the next leg up.

08:12

US Semiconductor Stocks Extend Pre-market Decline, ARM Falls Over 4%

BlockBeats News, June 10th, according to Bitget data, pre-market trading of US semiconductor stocks continued to fall. ARM dropped over 4%, Micron Technology dropped over 3%, Marvell Technology dropped nearly 3%, Intel and AMD dropped over 2%, Broadcom dropped nearly 2%, NVIDIA and TSMC dropped over 1%.

07:52

CITIC Securities Maintains 'Buy' Rating on NVIDIA with Target Price of $315

On June 10, CITIC Securities maintained its 'Buy' rating on NVIDIA with a target price of $315, and also maintained its 'Overweight' rating on Broadcom with a target price of $525.

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Iran blames US for harming diplomatic process with continued ceasefire violations

Analyst: Bitcoin Whale Absorbed Market Panic Selling at $60,000, Potentially Forming Key Support Level

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