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1Dogecoin, Cardano drop over 10% as bitcoin dips below $83,0002Bitcoin volatility cruising at highest levels all year despite Trump's reserve plans3The Funding: VCs digest Trump's bitcoin reserve and say what could start 'an incredible era of innovation for crypto'
Bitcoin (BTC) Faces Demand Decline as Long-Term Holders Influence Market Dynamics
Blockchainnews·2024/06/26 06:58
Meme dark horse WATER market investment research analysis
Bitget·2024/06/26 06:51
Meme Coins, Real World Assets, and AI Dominate the First Half of 2024
BeInCrypto·2024/06/26 06:37
US spot bitcoin ETFs score $31 million in net inflows after outflow streak
The U.S. spot bitcoin ETFs recorded $31 million in daily net inflows on Tuesday following seven consecutive days of outflows.
The Block·2024/06/26 04:43
Blast airdrop starts tonight. Which trading platforms will list BLAST?
BlockBeats·2024/06/26 03:52
Gary Gensler commented on the Ethereum ETF
Cryptodnes·2024/06/26 01:28
Nearly 800% increase in Shiba Inu token burn rate
Cryptodnes·2024/06/26 01:28
Why we can expect spot Ethereum ETF approval in early July
Cryptodnes·2024/06/26 01:28
Solana-Based Memecoins $BONK and $FLOKI Shine Despite Market Woes
Cryptodaily·2024/06/25 22:13
Flash
- 03:33Market News: US President Trump will sign an executive order at 3:00 (UTC+8)Market news, US President Trump will sign an executive order at 3:00 (UTC+8).
- 03:26The downturn in the U.S. stock and cryptocurrency markets continues, this week's CPI and PPI data will set the tone for the Federal Reserve's decisionUS Stock Market Declines Amid Weak Economic Data and Trump's Tariff Policy US stocks experienced a volatile decline last week due to weak economic data and the impact of Trump's tariff policy. All three major indices closed lower: The Dow Jones fell 2.37% over the week. The SP 500 dropped 3.1%, marking its worst weekly performance since September last year. The Nasdaq declined 3.41%, falling for a third consecutive week and entering a correction zone with a 10% drop from its recent high. Large-cap tech stocks struggled, with Nvidia’s market value shrinking by $1 trillion from its all-time high, while Tesla has fallen more than 46% from its peak. Crypto Market Sell-Off Intensifies The downturn in the crypto market deepened as Trump’s Bitcoin strategic reserve plan fell short of expectations, and the White House crypto summit lacked substantive developments, leading to further market disappointment. Bitcoin lost multiple key support levels, briefly dipping to $80,000, with a 7-day decline of nearly 12%. As of press time, BTC was trading at $82,150. Ethereum and other major cryptocurrencies saw even steeper declines, with overall market sentiment hitting a low point. Market Uncertainty Weighs on Risk Assets Trump's inconsistent tariff policies and lackluster nonfarm payroll data have added to market uncertainty, putting continuous pressure on risk assets. This week, investors will closely watch US CPI and PPI inflation data, which will be crucial in shaping the Federal Reserve’s interest rate decision on March 18-19.
- 03:14Recently, seven whale/institutional addresses that bought ETH at its lowest point have accumulated a floating loss of 10.25 million US dollarsAccording to on-chain analyst @ai_9684xtpa, seven whale/institutional addresses that recently bought the dip in ETH have collectively incurred an unrealized loss of $10.25 million: Trump WLFI accumulated 4,468 ETH on March 6 at a cost of $2,228.7 per ETH, resulting in an unrealized loss of $750,000. The total ETH holdings of this address (66,274.9 ETH) have an unrealized loss of $77.37 million. Address 0x655...1e0B8 purchased 8,265 stETH on-chain yesterday at an average price of $2,218 per ETH, now facing an unrealized loss of $1.312 million. Address redbase.eth bought 6,100 ETH on-chain yesterday at an average price of $2,200 per ETH, now experiencing an unrealized loss of $895,000. Address 0x42a...C42f8 accumulated 4,505 ETH over the past six days at an average price of $2,171 per ETH, currently at an unrealized loss of $530,000. Mirana Ventures built a position of 21,667 ETH on February 28 at a cost of $2,134 per ETH, now facing an unrealized loss of $1.386 million. A whale that previously made $33.67 million from buying low and selling high accumulated 10,000 ETH on February 15 at a cost of $2,388 per ETH, now with an unrealized loss of $3.29 million. A whale that previously profited $14.26 million from trading WBTC has accumulated 5,600 ETH since February, with an average cost of $2,432 per ETH, currently at an unrealized loss of $2.087 million.