News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.

1Bitget UEX Daily|Trump Advances US-Iran Deal Signing; US Stocks Semiconductor Surge, Oil Declines; SpaceX Lists Today2'Anarchistic neobanks' are bitcoin's next frontier, says Blockrise CEO3 Elon Musk fuels loan frenzy ahead of blockbuster SpaceX IPO

US Bitcoin ETFs Attract $2 Billion in July, Surpass 900,000 BTC in Holdings
BeInCrypto·2024/07/21 10:31
Bitcoin Price Analysis: Here’s the Next Target for BTC Before Bulls Can Hope for $70K
Cryptopotato·2024/07/21 07:47

Ethereum ETFs are coming — Here’s what you need to know
Are you ready for the July 23 launch of nine spot Ethereum ETFs? Here's what you need to know to start trading.
Cointelegraph·2024/07/20 19:52

Ethereum’s spot ETFs will trigger a dip, not a rally
Share link:In this post: Ethereum’s supply has been increasing by 60,000 ETH per month since April, which could lead to a market dip instead of a rally when spot ETFs are introduced. Historical patterns from 2016 and monetary policy trends suggest that ETH/BTC might see a huge drop before potentially rising next year. Benjamin Cowen warns that if the current supply trend continues, Ethereum’s supply will revert to pre-Merge levels by December 2024.Disclaimer. The information provided is not trading advice.
Cryptopolitan·2024/07/20 18:13

If Joe Biden bails on the presidential race, what’s next?
Cryptopolitan·2024/07/20 18:13

Is It Too Late To Buy TURBO? Turbo Price Skyrockets 45% As Traders Rush To Buy This AI Crypto Before It’s Too Late
Insidebitcoin·2024/07/20 17:56

Bitcoin Shines as ‘Blue Screen of Death’ Cripples Global Systems: Senator Lummis Reacts
Coinedition·2024/07/20 14:55

The Trump Effect: Bitcoin, Solana, XRP Soar on Renewed Investor Optimism
Coinedition·2024/07/20 14:55

Bitcoin Whales Signal Bullish Trend: $5.6 Million Options Bet Fuels Price Rally
Coinedition·2024/07/20 14:55

Can Ethereum ETFs Propel ETH Price to $4,000?
Newscrypto·2024/07/20 14:52
Flash
15:41
White-Haired Stock God: Technical Analysis is the Trader's Astrology, Stock Price Does Not Rise Due to "Golden Waterfall Candle" PatternBlockBeats News, June 14th, "White-Haired Stock God" Serenity responded firmly when asked about using technical analysis, stating: My opinion may disappoint many people. Technical Analysis (TA) is the astrology of traders, mainly used to confirm deviations and to exploit trader psychology to find entry points. It can help you understand what other retail investors and traders are thinking and believing at the moment, but it cannot reliably predict a stock's true upside potential. Serenity gave examples, stating that the previous surge in SPCE was not because of a "Space Comet Rocket Candle" appearing on the chart, but because the market was pricing in the future revenue of companies like JBL and AMD; similarly, AXTI's 8000% spike was not due to a "Golden Waterfall Candle Signal," but driven by fundamental factors such as indium phosphide substrates, export controls, and photonics demand.
Serenity emphasized that the correct research approach should focus on thematic correlations (such as the relationship between LITE and AAOI), news catalysts, forward-looking revenue projections, macro events, financial reports, float dynamics, and game theory. Through these, a reasonable market value for a company can be derived. Technical analysis is only suitable for assisting in finding entry points and risk management. It should never be used to determine where a stock will ultimately go.
Using IREN as an example, Serenity pointed out that many people drew chart patterns indicating a price of over $120, but in reality, the company needs to absorb a $6 billion ATM offering first. These technical chart patterns are essentially useless. Fundamentals, catalysts, and thematic research determine the direction. Relying solely on technical analysis can easily lead to a crash in current sectors such as AI and semiconductors.
14:28
The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.BlockBeats News, June 14th, according to Whale monitoring, the USDC Treasury minted an additional 250 million USDC on the Solana blockchain 2 minutes ago.
13:38
A Whale Liquidated a $39.03 Million ETH Short Position, Holding It for Only 18 HoursBlockBeats News, June 14th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale shorted $39.03 million worth of ETH, closed the position for a profit after only 18 hours, and made $184,000.
Address 0xa2e…f1468 has closed a short position of 23,200 ETH, with an opening price of $1680.8 and a closing price of $1672.9.
News