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QCP Market Update – 8 Feb 24
QCP Market Update – 8 Feb 24

QCP Capital·2024/02/09 05:10
Ark Invest Wants To Add Staking To Its Spot ETH ETF: Will The SEC Approve?
Ark Invest Wants To Add Staking To Its Spot ETH ETF: Will The SEC Approve?

Staking could provide additional profits for ETF investors, but it comes with added risks.

Cryptopotato·2024/02/09 00:31
Farcaster just might be the new Crypto Twitter
Farcaster just might be the new Crypto Twitter

If one of the only ways to save crypto is a return to its subculture roots, then Farcaster seems like it fits the bill

Blockworks·2024/02/08 21:45
NBA Sued Over Crypto Marketing Deal Between Voyager and Mark Cuban
NBA Sued Over Crypto Marketing Deal Between Voyager and Mark Cuban

The U.S. National Basketball Association has been hit with a class action lawsuit relating to a marketing deal it had with defunct crypto exchange Voyager Digital.

Cryptopotato·2024/02/08 21:01
Bitcoin futures data hints at BTC price rally extending beyond $45K
Bitcoin futures data hints at BTC price rally extending beyond $45K

Bitcoin price finally pushed through the $45,000 resistance zone, and futures data suggests that bulls will press BTC higher.

Cointelegraph·2024/02/08 20:19
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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