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Aptos (APT) Price Could Drop to $5 Next
Aptos (APT) Price Could Drop to $5 Next

BeInCrypto·2024/06/13 13:31
MicroStrategy proposes $500 million convertible note offering to acquire more bitcoin
MicroStrategy proposes $500 million convertible note offering to acquire more bitcoin

MicroStrategy has proposed a $500 million convertible senior note offering “to acquire additional bitcoin and for general corporate purposes.”The firm, which already holds 214,400 BTC, also announced the redemption of $650 million of its 2025 convertible senior notes.

The Block·2024/06/13 11:59
BREAKING: What last night's CPI and FOMC means for Bitcoin
BREAKING: What last night's CPI and FOMC means for Bitcoin

Institutional Crypto Research Written by Experts

10xResearch·2024/06/13 08:12
Flash
  • 22:18
    Despite Trump's launch of the Bitcoin strategic reserve plan, the volatility of Bitcoin still reached its highest level of the year
    According to The Block, market anxiety has continued since Bitcoin's volatility reached its highest level of the year last Monday. According to data from The Block's dashboard, since Bitcoin's annualized volatility reached 59.4% on Monday, it has basically stabilized at about 58%. The volatility experienced in the past week is the highest level since December last year.However, unlike December last year when Bitcoin prices were continuously rising due to market expectations for a crypto-friendly Trump administration, in recent weeks, Bitcoin prices have been falling continuously and have fallen by more than 15% over the past month. The recent fluctuations in Bitcoin occurred after Trump signed an executive order aimed at establishing a strategic reserve of Bitcoins and meeting with top leaders in the digital asset field at a crypto summit. This executive order requires a comprehensive audit of digital assets held by the federal government, including approximately 200 thousand bitcoins (worth about $17 billion at signing). David Sacks, Trump’s “crypto czar,” stated that America will not sell off its bitcoin reserves but instead treat them as a digital version of Fort Knox (i.e., national strategic reserves).
  • 22:09
    BTC falls below 82000 US dollars
    The market shows that BTC has fallen below 82,000 US dollars, currently reported at 81,874.00 US dollars, a daily decrease of 1.44%.
  • 22:08
    The probability of the Federal Reserve maintaining interest rates unchanged in March is 97%
    According to CME "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in March is 97.0%, and the probability of a rate cut by 25 basis points is 3.0%. By May, the likelihood of maintaining current interest rates remains at 67.2%, with a cumulative chance of a rate cut by 25 basis points at 31.9% and a cumulative chance for a rate cut by 50 basis points at just under one percent (0.9%).
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