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Bitcoin pre-halving correction narrative strengthens as BTC falls below $62K
Bitcoin pre-halving correction narrative strengthens as BTC falls below $62K

“Everyone who wanted to buy into the halving mostly has,” said Capriole Fund founder Charles Edwards.

Cointelegraph·2024/03/20 04:59
SEC pushes Hashdex, ARK 21Shares Ether ETFs as approval hope dwindles
SEC pushes Hashdex, ARK 21Shares Ether ETFs as approval hope dwindles

The SEC has continued to push back its decision on spot Ether ETFs while analysts have turned more pessimistic on approvals.

Cointelegraph·2024/03/20 00:38
Following Fidelity's lead, Grayscale looks to add staking for its proposed Ethereum ETF
Following Fidelity's lead, Grayscale looks to add staking for its proposed Ethereum ETF

Quick Take Grayscale proposed to investors on Tuesday in a “consent solicitation statement” four items, including a creation and redemption process involving cash and the ability to stake Ethereum through the trust. Though the SEC approved spot bitcoin ETFs in January, the road to approval for Ethereum product doesn’t seem likely.

The Block·2024/03/19 22:37
Meme Coin Madness: This Trader Made Over $3 Million in Less Than Three Days
Meme Coin Madness: This Trader Made Over $3 Million in Less Than Three Days

The latest Solana-based meme coin – Slerf (SLERF) – was one of the assets the trader dealt with.

Cryptopotato·2024/03/19 20:37
Ethereum price drops 20% in a week, but investors are still bullish
Ethereum price drops 20% in a week, but investors are still bullish

ETH price fell by 20% in the past week, but futures data shows investors still believe in the bull trend.

Cointelegraph·2024/03/19 19:21
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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