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Bitcoin long-term holders are accumulating at their fastest rate in over one year, CryptoQuant analysts said.However, the lack of stablecoin liquidity could dampen the effect of any subsequent price rally, the analysts added.
Share link:In this post: Mini-apps is an accelerating trend, with more Web3, game and DeFi projects trying to tap the Telegram communities. New mini-app creators are also offering Base chain tokens. Hamster Kombat still dominates the market, now entering price discovery after a pre-market listing on ByBit. Notcoin (NOT) also reflects the mini-app trend with a robust price recovery.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based
Here’s why BTC might hit the $100,000 milestone in the following months.
Quick Take =nil; Foundation CPO Avi Zurlo explains the difference between horizontal and vertical scaling solutions for blockchains.
Correlation between bitcoin and U.S. equities has fallen sharply since early June.Equity markets remain buoyant ahead Thursday’s U.S. CPI inflation reading.
- 06:25Citi: Fed May Cut Rates Up to 5 Times This YearAccording to a report by Jinse, Citibank predicted on Monday that by June, the U.S. economy will show clear signs of weakening, prompting the Federal Reserve to make its first rate cut of the year, potentially cutting rates up to five times. Economists at Citibank stated that Federal Reserve officials will focus more on the health of the economy and the labor market rather than inflation. Citibank wrote: We anticipate that a series of data will make Federal Reserve officials more dovish by June. This leads us to believe the risks are inclined towards quicker and/or more substantial rate cuts. Currently, Citibank states that by the end of 2025, the key federal funds rate is expected to decrease from the current 4.25% to 4.5% range to a range of 3% to 3.25%.
- 06:24Solana's 29.1 Million Active Addresses in the Past 7 Days Lead All ChainsAccording to Odaily, Nansen data shows that in the past 7 days, the blockchains with the highest number of active addresses are: Solana (29.1 million), Tron (5.8 million), BNB Chain (4.7 million), Base (4.3 million), and Bitcoin (2.7 million). Solana leads with a significant margin, with activity far surpassing other public chains.
- 06:22Bankless Co-founder: L2 is Not Ethereum, Only Ethereum is EthereumJinse reports that David Hoffman, co-founder of Bankless, stated on the X platform that L2 is not Ethereum; it is merely a slogan for branding/marketing/alliance with almost no technical basis. Only Ethereum is Ethereum. Rollups inherit some attributes of Ethereum, and based on Rollups, or with native Rollups, there are more inherent Ethereum properties. To reiterate: Only Ethereum is Ethereum.