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This is Why Pandora’s Price Soared by 35% in the Past 24 Hours
This is Why Pandora’s Price Soared by 35% in the Past 24 Hours

Although not an “official” token standard, ERC-404 hasn’t hindered developers from replicating Pandora’s success just a week after release.

Cryptopotato·2024/02/10 01:19
Bitcoin flirts with trillion dollar valuation as price rises above $47,000
Bitcoin flirts with trillion dollar valuation as price rises above $47,000

In the past 24 hours, the fully diluted valuation of bitcoin broke through the trillion dollar mark for the first time since November 2021.Changing spot ETF flow dynamics has been a factor in bitcoin’s recent rally, according to an analyst.

The Block·2024/02/09 23:35
Bitcoin threatens price rally after blowing past $47k
Bitcoin threatens price rally after blowing past $47k

Bitcoin is looking rambunctious after a cheeky price rally

Blockworks·2024/02/09 21:37
Bitcoin ETFs Absorb $400 Million In One Day, Surpass $2 Billion Since Launch
Bitcoin ETFs Absorb $400 Million In One Day, Surpass $2 Billion Since Launch

Bitcoin ETF inflows are not slowing down as BTC re-approaches a 23-month high.

Cryptopotato·2024/02/09 20:01
Short-term custodial crypto accounts soar 250% with Bitcoin ETF hype
Short-term custodial crypto accounts soar 250% with Bitcoin ETF hype

Bitget reported a notable shift in investor behavior toward the short-term utilization of crypto custodial wallets.

Crypto Slate·2024/02/09 18:34
Flash
15:41
White-Haired Stock God: Technical Analysis is the Trader's Astrology, Stock Price Does Not Rise Due to "Golden Waterfall Candle" Pattern
BlockBeats 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 Hours
BlockBeats 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.
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