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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
  • 15:50
    Spot gold reaches new high, now at $3086.45
    March 28 news, according to gold ten reports, spot gold continues to refresh the record high, now at 3086.45 U.S. dollars, up nearly 1% during the day
  • 15:39
    Greeks.live: ethereum falls below $2,000 key support level as traders are generally bearish
    March 28 (Bloomberg) -- Greeks.live analyst Adam says traders are generally bearish on ethereum, citing weakness in ETHBTC and a drop in ethereum price below the $2,000 key support level. Most see selling Ether calls as one of the best strategies in the near term, while Bitcoin is seeing some support above $85,000. On the options trading front, most see the calendar spread strategy (selling close and buying far) as advantageous in the current ethereum market, especially after today's massive options expiration. Meanwhile, the Bitcoin price has been supported above $85,000. According to analysts, this is mainly attributed to the buying protection of around 1,500 bitcoins on the Coin Exchange, as well as the hedging behaviour of market makers. Several traders shared their recent experience that it is safer to adopt an option hedging strategy than to keep price exposure, especially in light of the current increased market uncertainty.
  • 15:06
    BTC falls below 84,000 USDT
    BTC fell below 84,000 USDT and is now at 83,999 USDT, down 3.72% in 24H, according to ticker data. 
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