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1Bitget Daily Digest (February 12) | Elon Musk's name change sparks on-chain speculation, WLFI increases $MOVE and $ETH holdings again 2The Daily: Trump to tap a16z's Brian Quintenz for CFTC chief, Elon Musk-related memecoin dumps and more3Franklin Templeton extends FOBXX fund to Solana, marking its latest blockchain extension
Bitcoin Miner Reserves Hit Lowest Levels Since 2021 Amid Price Dip
Newscrypto·2024/06/20 16:55
Shiba Inu Investor Withdraws 350B SHIB Amidst Crypto Market Uptick
Newscrypto·2024/06/20 16:55
Will Toncoin Rally Continue as TON Blockchain Hits New Records?
Newscrypto·2024/06/20 16:55
Altcoin Resilience Amid Bitcoin’s Hawkish Fed Woes
Coinedition·2024/06/20 16:13
Bonk Price Prediction as BONK Drops 20% in 7 Days – Time to Buy the Dip?
Cryptonews·2024/06/20 16:04
As Fetch.ai Price Rallies Higher, This Under-the-Radar Crypto Is the Next AI Meme Bet
Cryptonews·2024/06/20 16:04
WLD Price Surges 14% as Worldcoin Launches in Ecuador, Plans Return to Kenya
BeInCrypto·2024/06/20 16:01
Axie Infinity (AXS) Price Could Be Primed for a 96% Drop
BeInCrypto·2024/06/20 15:40
What’s with the price of Solana (SOL)?
Cryptodaily·2024/06/20 15:25
Spot ETF basis trades driving 80% surge in CME bitcoin futures open interest, analyst says
Spot bitcoin ETFs have contributed to an 80% increase in open interest on the CME bitcoin futures market since their launch earlier this year, an analyst said.The increase in open interest can be attributed to basis trading between spot bitcoin ETFs and CME futures contracts to facilitate arbitrage opportunities, the analyst added.
The Block·2024/06/20 15:13
Flash
- 09:03The Ethereum Foundation has deposited 10,000 ETH each into Aave and SparkAccording to Lookonchain monitoring, the Ethereum Foundation has just deposited 10,000 ETH each into Aave and Spark, with a total value of approximately 53.48 million US dollars.
- 09:02Glassnode co-founder: Weak market liquidity and slow network growth may cause BTC to fall to $92,000Glassnode co-founder Negentropic stated that after inflation data exceeded expectations, the price of Bitcoin once touched a liquidity point of $94,000 and fell back to $96,000 after briefly rising to $98,000. He pointed out that the current market liquidity is weak and network growth is slowing down are potential risk signals. If conditions do not improve, the price of Bitcoin may further probe down to $92,000.
- 08:5769% of cryptocurrency users in countries like Brazil and India choose to convert their local currency into stable cryptocurrenciesAccording to Jesse Knutson's article, data from Castle Island Ventures shows that in countries such as Brazil, Nigeria, Turkey, Indonesia and India, 69% of cryptocurrency users convert their local currency into stablecoins. Jesse points out that compared to traditional ways of obtaining dollars, they prefer to use stablecoins because they are more efficient, less likely to be interfered with by the government and have potential for earnings. Stablecoins provide almost instant dollar access channels for users with internet connections and virtually no transaction fees. This is particularly important for those who face double-digit or even triple-digit inflation every day.