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1US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock's Jay Jacobs2Accenture stock plummets 18% to near ten-year low under dual pressure from AI impact and Middle East turmoil3Is SpaceX the Ultimate Exit Liquidity for Billionaires?

Bitcoin increasingly relevant in 2024 US election: Grayscale survey
Nearly half of U.S. voters expect to have crypto as part of their portfolio, according to Grayscale’s latest survey.
The Block·2024/05/29 05:13

Future-Proof Your Portfolio: Join The Bitget Wallet (BWB) IEO On Bitget Launchpad
Bitget Academy·2024/05/29 04:58

Decoding the art of naming crypto projects: Is the first step to success to have a good name?
BlockBeats·2024/05/29 03:31
Bitcoin ETF snapshot: Flows eclipse $1B last week amid ETH fund hype
BlackRock’s iShares Bitcoin Trust is on the cusp of passing Grayscale’s GBTC in assets under management
Blockworks·2024/05/29 00:07
Overview of US Spot Bitcoin ETF Funds Yesterday
Bitget·2024/05/29 00:01

Ethereum and Bitcoin are holding us back
As someone who’s been knee-deep in the trenches of blockchain development, I can’t help but wonder if these behemoths are really cutting it anymore
Blockworks·2024/05/28 23:58
Two funds under BlackRock purchased IBIT stocks in the first quarter of this year
Bitget·2024/05/28 23:52
BlackRock adds own Bitcoin ETF to income and bond funds
Cointelegraph·2024/05/28 23:43
This Stock Surged 38% After Copying MicroStrategy’s Bitcoin Plan
Semler Scientific (SMLR) has already bought 518 BTC, believing the asset to be a superior version of gold.
Cryptopotato·2024/05/28 23:01

Ether’s spot trading market share continues to rise following ETF approval
The following is an excerpt from The Block’s Data and Insights newsletter.
The Block·2024/05/28 22:43
Flash
02:46
The price of gold jewelry has fallen by nearly 450 CNY so far this yearAs of the close of trading in New York on Friday, the spot gold price fell by 0.79% to $4,154.78 per ounce; the gold futures price fell by 1.72% to $4,172.9 per ounce. Influenced by the adjustment of international gold prices, the prices of branded pure gold jewelry in China have dropped to around 1,260 yuan per gram, nearly 450 yuan lower than the year's peak.
02:32
CryptoQuant founder: Bitcoin's capital rotation into altcoins has basically disappeared, and the logic of "alt season" may have changedAccording to Odaily, Ki Young Ju, founder of CryptoQuant, stated that the phenomenon of capital rotation from Bitcoin to altcoins, which once fueled altcoin rallies, has basically disappeared. He pointed out that since 2021, the trading volume of altcoins paired with BTC has shrunk significantly, and the structure of the market has changed considerably. Ki Young Ju believes the era of "Bitcoin rises driving broad gains in altcoins" may have come to an end. In the future, altcoins may rely more on their own fundamentals, application scenarios, and independent capital inflows to drive price increases.
02:28
Analyst: Gold Prices Next Week Will Be Highly Dependent on Data, Beware of a Sharp Decline Risk```htmlGolden Ten Data reported on June 20 that market analysts expect gold to remain volatile next week, as investors await the release of the US Core Personal Consumption Expenditure (Core PCE) Price Index to seek clues on the Federal Reserve’s rate path. Stephen Innes, Managing Partner at SPI Asset Management, stated: "As the Federal Reserve currently appears more adaptive and increasingly sensitive to upcoming inflation data, every important economic data release will have an impact, but Core PCE will be the key event for the gold and rates markets. Next week will be highly data-dependent." Innes also said that if the inflation reading is stronger than expected, it could boost the US dollar, raise yields, and increase the risk of gold prices testing the $4,000 per ounce threshold. Gold investors should prepare for heightened volatility and beware of the possibility of further sell-offs.```
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