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

Meme Coin Frenzy Fuels Explosive Base DEX User Growth
Meme Coin Frenzy Fuels Explosive Base DEX User Growth

Coinbase-incubated Base is quickly catching Solana as meme coin trading hotspot.

Cryptopotato·2024/06/18 21:55
Ethereum ETF issuers working to address 'reasonable' comments from SEC by Friday: Sources
Ethereum ETF issuers working to address 'reasonable' comments from SEC by Friday: Sources

Prospective Ethereum ETF issuers are responding to the comments received from the SEC last week, according to two sources, and aim to hand them back in this week.The sources described the comments as “light” and “reasonable.”

The Block·2024/06/18 21:46
This meme stock bull cycle just isn’t like the other one
This meme stock bull cycle just isn’t like the other one

Share link:In this post: Roaring Kitty returned to social media and triggered a surge in GME. GameStop’s share price has risen over 100% in five weeks, allowing the company to raise $3 billion and boosting its valuation to $12.4 billion. Higher interest rates and changing investor focus toward stocks like Nvidia have tempered the meme stock mania this time.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provi

Cryptopolitan·2024/06/18 20:43
Punks sink into 20 ETH price zone: Are NFTs dead?
Punks sink into 20 ETH price zone: Are NFTs dead?

Share link:In this post: Big collections saw a crash in their floor price. Some collections still rely on irrational loyalty and holding the NFT as an exclusive club card. NFTs are here to stay, employed by meme token projects, Web3 games and marketers.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professi

Cryptopolitan·2024/06/18 20:43
Flash
  • 02:31
    The 14-day average daily inflow of BTC to exchanges has dropped to less than 27,000, indicating a contraction in liquidity and an increase in investor caution
    The inflow volume of Bitcoin exchanges is a key indicator reflecting recent trading intentions. Calculated based on a 14-day average, this indicator has dropped from an average daily amount of 58,600 BTC in December last year to 26,900 BTC, meaning that the number of Bitcoins sent to exchanges has decreased by 54%, indicating market liquidity contraction and increased investor caution. In addition, one liquidity capital indicator reflecting the current market structure is Bitcoin's "hot supply volume", i.e., the weekly circulating quantity of Bitcoin. Data shows that after peaking in December 2024, this indicator has reduced from 5.9% of total circulating supply to just 2.8%, with over a 50% drop highlighting decreased short-term trading activity and overall market participation, suggesting speculative capital is retreating.
  • 02:27
    Bugscoin Foundation Completes $4 Million BGSC Repurchase and Burn
    On March 24, according to the official tweet, the Bugscoin Foundation has successfully destroyed 416,071,998 BGSC tokens, which is approximately $4 million at the current market value. The tokens destroyed this time were repurchased from the market and destroyed through the business profits generated by the foundation's recommended rebate policy. This operation further reduced the circulating supply of BGSC, aiming to enhance the value support of the token and the sustainability of the ecosystem.
  • 02:18
    The US Bitcoin spot ETF had a net inflow of 84.2 million USD yesterday
    According to TraderT monitoring data, the net inflow of the US Bitcoin spot ETF was 84.2 million USD yesterday.
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