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Bitcoin Price Holds Firm: Can It Power Toward New Gains?
Newsbtc·2024/10/17 03:58
Wall Street Now Focuses on Tokenization as BlackRock Leads $10 Trillion Initiative
Cryptodnes·2024/10/17 02:03
Grayscale vs. SEC: How the Latest ETF Decision Could Impact Cryptocurrency
Ethnews·2024/10/17 01:12
Despite Bitcoin and Cryptocurrencies Soaring, a Derivatives Trader Issues a Warning About the Market
A crypto analyst has issued a warning about Bitcoin and Ethereum despite bullish sentiment. Here are the details.
Bitcoinsistemi·2024/10/17 00:57
Memecoin conceived by AI trumps Trump-linked token sale
World Liberty Financial’s token sale debuted just as an absurd AI-fueled memecoin captured crypto’s attention
Blockworks·2024/10/17 00:21
Crypto monthly active addresses are hitting all-time highs: A16z
A16z’s State of Crypto report shows that DeFi has the largest number of daily active addresses, with stablecoins following closely behind
Blockworks·2024/10/17 00:21
Bitcoin miners boost network share as JP Morgan notes sector growth
Grafa·2024/10/17 00:20
Trump's rising election odds sink Harris meme coin by 28%
Grafa·2024/10/17 00:20
Flash
- 03:35Top 5 increase today: LUCE 24-hour increase of 148.70%Bitget market data, today's top 5 tokens in terms of increase are LUCE, ORBK, GRPH, BLASTUP, EMT. Specifically: LUCE has increased by 148.70% in the last 24 hours and is currently priced at $0.04974; ORBK has increased by 51.76% in the last 24 hours and is currently priced at $0.00129; GRPH has increased by 25.81% in the last 24 hours and is currently priced at $0.0078; BLASTUP has increased by 23.89% in the last 24 hours and is currently priced at $0.01976; EMT has increased by 23.63% in the last 24 hours and is currently priced at $0.01821.
- 03:28Data: Two whales/institutions withdrew nearly 9 million dollars worth of ENA from CEX 8 hours agoAccording to on-chain data analyst Yu Jing's monitoring, two whale/institutional addresses withdrew ENA worth 8.98 million USD from CEX 8 hours ago, of which: ARCA withdrew 13.518 million ENA (equivalent to about 5 million USD) The address starting with 0xc04 withdrew 10.74 million ENA (equivalent to about 3.98 million USD)
- 03:25U.S. stocks plummeted, Bitcoin rose nearly 10% in October, the market is focusing on tonight's non-farm payroll data for OctoberAccording to monitoring, U.S. stocks opened lower on Thursday local time and the decline widened, with tech stocks, semiconductor stocks, and AI concept stocks collectively falling. Despite the "Big Seven Tech" companies showing excellent revenue and profits, the market was disappointed with their performance guidance considering the current stock price and valuation levels, leading to a sharp decline across the board. The Nasdaq fell by 2.76%, marking the biggest drop in nearly two months and ending October down 0.52%, breaking two months of consecutive gains; the Dow closed down 0.90%, with a cumulative decline of 1.34% in October, halting five months of consecutive gains; the S&P 500 fell 1.86%, ending October down 0.99%, also breaking five months of consecutive gains. The crypto market collectively plummeted under the influence of the U.S. stock market. As of the time of writing, Bitcoin fell below the $70,000 mark, trading at $69,851, down 3.18%, after gaining nearly 10% in October due to intensifying Trump trades. Ethereum fell 5.1%, trading at $2,516, with a cumulative decline of 4.28% in October. The U.S. Dollar Index fell below 104 on Thursday, closing down 0.2%, but accumulated about a 3.1% rise in October. Dovish comments from the Bank of Japan weakened, leading the Japanese yen to rise 1%, with a cumulative increase of 5.86% in October. Inflation in the Eurozone in October accelerated more than expected, strengthening the European Central Bank's reason to be cautious about cutting rates, with the euro strengthening by 0.26%, although it fell 2.25% for the month. The British pound against the U.S. dollar fell 0.51%, with a cumulative drop of 3.55% in October. International crude oil prices continued to rise due to the potential escalation of tensions in the Middle East, with WTI crude oil at one point rising over 2%, and Brent crude closing up 1.87%, accumulating about a 2.38% rise in October. Safe-haven demand ahead of the U.S. presidential election drove gold prices to continuously reach new highs for four consecutive months, with spot gold gaining about 4.2% in October. The latest data shows that U.S. September PCE inflation rose 2.1% year-over-year, meeting expectations. The market is now focusing on the U.S. nonfarm payrolls report for October to be released tonight. The general market expectation is that the number of new nonfarm jobs added in October will slow significantly due to temporary unemployment caused by hurricanes and strikes. It is worth mentioning that the jobs report will be released this Friday, just four days before the U.S. presidential election. If the data is extremely weak, it could impact the election and increase market volatility.