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1Bitget Daily Digest (April.21) | $SOL's staking market cap surpasses $ETH; Strategy may increase $BTC holdings again2Gold hits new ATH at $3,390, is Bitcoin close behind?3Bitcoin Stock-to-Flow model creator PlanB slams Ethereum, calls it ‘premined shitcoin’
Crypto market reacts flatly to Powells dovish stance, Bitcoin consolidates below $58,000
Odaily·2024/07/11 02:43
Market Dynamics on July 11: Rebound Nearing its End, Market Awaits CPI Data
Bitget·2024/07/11 02:22
Bitcoin needs to surpass $58,000 to restore bullish trend
Cryptobriefing·2024/07/10 22:55
On the Margin Newsletter: Crypto may seem down, but here’s why analysts remain optimistic
Meanwhile, stocks rally after Jerome Powell finishes his Capitol Hill tour
Blockworks·2024/07/10 21:55
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
Cointelegraph·2024/07/10 18:22
Chances of a September rate cut increase for Federal Reserve
Share link:In this post: Jay Powell addresses the Senate with an update on his outlook for the economy. The Fed is scared of making a slightly wrong move, because it could tumble the economy. QCP expects softer CPI figures that would boost the crypto market that has remained surprisingly resilient.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
Cryptopolitan·2024/07/10 17:28
Will Solana (SOL) Experience a Strong Bearish Trend Soon?
Newscrypto·2024/07/10 16:43
Will Avalanche (AVAX) Rebound to $30 This Week?
Newscrypto·2024/07/10 16:43
The bull market will not disappear until you no longer believe that this is a bull market.
Odaily·2024/07/10 14:23
Flash
- 21:25Over the past week, Tron Network stablecoins (USDT and USDC) increased by $623 millionOn April 22, according to Lookonchain monitoring, over the past 7 days, Tron stablecoins (USDT and USDC) increased by $623 million, while Arbitrum stablecoins (USDT and USDC) decreased by $178.26 million.
- 21:25Ethereum ETF Asset Management Scale Hits Record Low, Over $1 Billion Outflow in Seven WeeksJinse reports that as of April 18, the assets under management (AUM) of spot Ethereum ETFs have plummeted to $4.57 billion, marking an all-time low since the inception of such registered products. These ETFs have experienced a net outflow for seven consecutive weeks, with a staggering $1 billion in net outflows during this period. Grayscale's ETHE has been a significant source of these outflows, as its 2.5% management fee (compared to BlackRock's more competitive 0.25%) may deter investors. Similar to its Bitcoin counterpart GBTC, ETHE is also facing substantial redemptions as investors move to cheaper alternatives after mandatory lock-up periods expire. The fee disparity has been a significant drag on long-term holders, especially in a price-sensitive market environment.
- 21:248 Senators Urge the U.S. to Pass Bitcoin Legislation to Purchase 1 Million BTC8 U.S. Senators are urging the United States to pass Bitcoin legislation to purchase 1 million BTC.