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Bitcoin (BTC) Price Rally, Shiba Inu (SHIB) Predictions, and More: Recap May 16
Bitcoin (BTC) Price Rally, Shiba Inu (SHIB) Predictions, and More: Recap May 16

BTC’s value soared by $5K in a matter of hours, SHIB was predicted to launch a bull run, while PEPE hit a new ATH.

Cryptopotato·2024/05/16 08:28
QCP expects current momentum to push the bitcoin price back to all-time highs
QCP expects current momentum to push the bitcoin price back to all-time highs

QCP Capital expects the bitcoin price to return to $74,000 after the latest CPI print saw risk assets surge.

The Block·2024/05/16 08:01
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains

BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.

Cointelegraph·2024/05/16 07:32
CME Group plans to launch bitcoin spot trading: FT
CME Group plans to launch bitcoin spot trading: FT

The Chicago Mercantile Exchange (CME) Group is considering launching bitcoin spot trading, according to a report.Discussions have been ongoing with traders, though the plan for spot trading rollout has not been finalized.

The Block·2024/05/16 07:25
Bitcoin ETF Flows Surge to Two-Week High as BTC Soared Beyond $66,000
Bitcoin ETF Flows Surge to Two-Week High as BTC Soared Beyond $66,000

Spot Bitcoin exchange-traded fund inflows have surged to a two-week high as the underlying asset pumped 7% on key US inflation data.

Cryptopotato·2024/05/16 06:43
Wisconsin State BTC Investment Could Cause Chain Reaction From Other States
Wisconsin State BTC Investment Could Cause Chain Reaction From Other States

The U.S. state of Wisconsin has recently revealed that it invested in a Bitcoin exchange-traded fund leading to speculation that other states could follow.

Cryptopotato·2024/05/16 06:43
Flash
09:54
Arthur Hayes deposited 6,000 ETH, worth approximately $10.14 million, to FalconX and Galaxy Digital
Foresight News reports, according to Onchain Lens monitoring, Arthur Hayes deposited 6,000 ETH, worth approximately 10.14 million US dollars, to FalconX and Galaxy Digital.
09:51
US Stock Market Sees Record Weekly Inflows
BlockBeats News, June 19th, a Bank of America strategist stated that the U.S. stock market attracted record inflows last week, with investors flocking to the technology sector. The team led by Michael Hartnett cited data from EPFR Global in the report, pointing out that in the week ending June 17th, a record $119.2 billion flowed into U.S. stock funds. They mentioned that on an annualized basis, U.S. stock funds are poised to attract a record $739 billion in 2026.
09:48
Neutrl Founders Locks commitments surpass $6.8 million, officially launching in the second quarter
Foresight News reported that the decentralized yield protocol Neutrl announced on Twitter that its Founders Locks have cumulatively committed over $6.8 million. Participants in Founders Locks can earn up to 700 times Neutrl points, while continuing to enjoy SSR pass-through income. The second season is now officially live.
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