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What’s behind today’s Ethereum rally?
What’s behind today’s Ethereum rally?

Share link:In this post: Ethereum has surged over 2%, reclaiming $3,400 due to hype around spot Ethereum ETFs. The VWAP aligns closely with the price, showing strong buying activity today and a weak bearish momentum. On-chain data shows increased investor value appreciation and reduced selling pressure.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent res

Cryptopolitan·2024/07/01 22:31
Solana to become the third-largest crypto in the world this year
Solana to become the third-largest crypto in the world this year

Share link:In this post: Solana is set to become the third-largest cryptocurrency thanks to its high transaction capabilities and active ecosystem. VanEck and ARK 21Shares have applied for Solana ETFs, showing strong market confidence despite some doubts. Raoul Pal believes Solana will lead the next big crypto market expansion.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly

Cryptopolitan·2024/07/01 22:31
The Reason Ethereum Name Service (ENS) Exploded by 20% Today
The Reason Ethereum Name Service (ENS) Exploded by 20% Today

ENS has surged over 20% in the last 24 hours, reaching a price point not seen since January 2022, reflecting renewed investor interest.

Cryptopotato·2024/07/01 20:43
Flash
14:09
Trump: Deal Reached to Boost US Stocks and Lower Oil Prices, Press Conference to Be Held Shortly
BlockBeats News, June 17th, U.S. President Trump announced on social media, "I will hold a press conference in France in 45 minutes. Afterwards, I will head to the Palace of Versailles to have dinner with the leaders of France and other European countries, and then return to the U.S. tonight. This visit has been a great success, but the main topics everyone wants to talk about are that Iran will not have nuclear weapons and the immediate opening of the Strait of Hormuz! The U.S. economy is performing excellently, with the current employment rate reaching a historic high. The U.S. has attracted over $19.1 trillion in investment, with thriving factories and industries. Importantly, due to the agreement reached, the stock market has been soaring recently, and at the same time, oil prices are plummeting!"
14:04
Trump: Oil Prices Plunging, Hormuz Will Open Immediately After Signing Agreement
BlockBeats News, June 17th, President Trump of the United States stated that oil prices are plummeting and reiterated that the Strait of Hormuz will open immediately after the signing of the agreement. (FX168)
13:48
Fidelity says Waller's explanation of inflation after the Federal Reserve decision may trigger volatility in the bond market
Fidelity Fixed Income Portfolio Manager Julian Potenza stated that after bond investors digest the Federal Reserve’s policy statement and summary of economic projections on Wednesday, Waller’s post-decision appearance could become a catalyst for market volatility. This is an interesting situation, because although no one really expects the Federal Reserve to actually take action, there is indeed some risk of volatility since we don’t know what Waller will communicate. It is not uncommon for markets to test a new chair. (Bloomberg)
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