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Bitcoin Sees Selling Pressure From Miners and Long-term Holders Amid Drop to $64K: Bitfinex
Bitcoin Sees Selling Pressure From Miners and Long-term Holders Amid Drop to $64K: Bitfinex

The current selling pressure highlights the influence of long-term holders and whales on bitcoin market dynamics.

Cryptopotato·2024/06/18 09:37
Does Solana need L2 and application chain?
Does Solana need L2 and application chain?

BlockBeats·2024/06/18 07:55
$DJT is booming, did Trump issue a coin?
$DJT is booming, did Trump issue a coin?

BlockBeats·2024/06/18 07:55
Spot bitcoin ETFs see $145 million exit as outflows persist
Spot bitcoin ETFs see $145 million exit as outflows persist

The 11 spot bitcoin ETFs saw a total net outflow of $145.83 million on Monday.The ETFs experienced $580 million in weekly outflows last week amid the hawkish FOMC meeting, according to CoinShares.

The Block·2024/06/18 07:10
Solana -10%. Altcoins Are Crashing - What is going on?
Solana -10%. Altcoins Are Crashing - What is going on?

Institutional Crypto Research Written by Experts

10xResearch·2024/06/18 06:40
Flash
05:53
Andre Cronje: Resigned from Sonic Labs board, now responsible only for technical architecture
Andre Cronje confirmed his resignation from the Sonic Labs board of directors. He stated that he only served as a technical advisor and did not participate in Fantom or Sonic ecosystem’s business, token, migration, or operational decisions. In the future, he will focus on building Flying Tulip.
05:52
Grayscale Head of Research supports Ethereum Foundation, saying the restructuring is a long-term positive for ETH and will enhance ecosystem productivity
According to ChainCatcher, in response to recent community doubts about the Ethereum Foundation and rumors of a potential funding crisis, Grayscale Head of Research Zach Pandl posted on X that, in the long term, the ongoing institutional restructuring of the Ethereum Foundation carries positive implications for Ethereum. He cites two main reasons: First, more development work will shift to commercial organizations, reducing the development responsibilities borne by the Foundation and potentially prompting more initiatives by commercial entities, thus increasing the overall efficiency of the ecosystem; second, the restructuring helps uphold the core principles of Ethereum as digital currency infrastructure. A more focused and clearly defined Ethereum Foundation might better ensure that Ethereum continues to adhere to the “CROPS” principles needed to build sound digital currency. If the Ethereum Foundation were to reduce its direct involvement in ecosystem development in the future and instead focus on upholding the long-term core objectives of Ethereum, this could help strengthen ETH’s position as foundational infrastructure for decentralized digital assets.
05:32
Hunter Horsley: The crypto market is undergoing consolidation, with leading projects expected to surpass previous estimates in both scale and lifecycle.
Bitwise CEO Hunter Horsley stated that the crypto industry is undergoing a transformation similar to the post-dotcom bubble period, and future winners will achieve success based on real value and practical capabilities. During the internet bubble of the 1990s, hundreds of companies once received valuations of between 500 million and 1 billion US dollars, but only a few that proved their worth stood out and achieved longer-term and larger-scale development. Today, the number of winners in the crypto industry will decrease, but their scale and sustained growth will exceed expectations.
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