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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Will This Week’s US GDP Data Send Crypto Markets Spiraling Even Further?
Will This Week’s US GDP Data Send Crypto Markets Spiraling Even Further?

A busy week lies ahead on the US economic calendar and all eyes are on data for gross domestic product. Meanwhile, crypto markets continue to correct.

Cryptopotato·2024/06/24 13:34
CoinShares says 'true correction' underway after $544 million outflow from spot Bitcoin ETFs last week
CoinShares says 'true correction' underway after $544 million outflow from spot Bitcoin ETFs last week

CoinShares analyst James Butterfill said a “true correction” was now underway amid $544.1 million in net outflows from the U.S. spot Bitcoin ETFs last week.The outflows were “a reaction to the pessimism amongst investors for interest rate cuts by the FED this year,” Butterfill said.

The Block·2024/06/24 12:53
Cardano and Solana Prices Nosedive as BTC Bears Target $60K
Cardano and Solana Prices Nosedive as BTC Bears Target $60K

Multiple altcoins are bleeding out as the broader cryptocurrency market continues to decline.

Cryptopotato·2024/06/24 11:46
Flash
  • 19:28
    A whale unpledges 7.69 million OMs for a potential profit of up to 197x
    According to monitoring by The Data Nerd, whale 0x6F8 unpledged 7.69 million OM (~$48.38 million) and deposited 5 million OM (~$30.78 million) into CEX. last year, he bought tokens at an average price of $0.031, and if he were to sell all of them at the current price he would make a profit of about $30.62 million, a return on investment of 197 times. Currently, he still owns 2.69 million OM (about $16.63 million).
  • 19:28
    Data: ETH falls below $1,900
    ETH/USDT is now at $1905.20, down 6.83% in 24 hours.
  • 19:27
    Maker on 65,675 ETH borrowed from giant whale to replenish 2,000 ETH, health factor back up to 1.07
    Golden Finance is reporting that a giant whale is on the verge of liquidating its 65,675 ETH ($135.8 million) lending position on Maker, according to on-chain data. 2,000 ETH were raised from CEX and deposited into Maker 20 minutes ago, and the health coefficient of the lending position has rebounded to 1.07. The total position has been collateralised with 67,675.0753 ETH and lent out with 74,641,215 ETH. 675.0753 ETH and 74,641,218 DAI have been pledged.
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