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Bitcoin’s rebound to $68,000 triggers nearly $300 million worth of liquidations over past 24 hours
Bitcoin’s rebound to $68,000 triggers nearly $300 million worth of liquidations over past 24 hours

Bitcoin rose over 4% in the past 24 hours to briefly surpass $68,000 amid a surge in short liquidations.The ETC Group’s Cryptoasset Sentiment Index has shifted from bearish to neutral, reflecting a decrease in selling pressure.

The Block·2024/10/16 13:12
JPMorgan Draws a Bullish Scenario for the Cryptocurrency Market: Here’s What They Expect
JPMorgan Draws a Bullish Scenario for the Cryptocurrency Market: Here’s What They Expect

JPMorgan analysts pointed to a bullish scenario for Bitcoin and cryptocurrencies in their latest report.

Bitcoinsistemi·2024/10/16 13:09
Today's Hot Meme Tracking
Today's Hot Meme Tracking

wendy文迪·2024/10/16 10:42
Can NEIRO Make Millionaires in 2024? NEIRO Price Analysis
Can NEIRO Make Millionaires in 2024? NEIRO Price Analysis

$NEIRO rose from seemingly nowhere to become a top ten meme coin. Can it still make millionaires?

CryptoNews·2024/10/16 10:30
Is Praxis’ $500 million financing “commitment” a capital manipulation game by GEM Digital?
Is Praxis’ $500 million financing “commitment” a capital manipulation game by GEM Digital?

GEM Digital is the leader of this financing and has committed fraud many times with false financing information.

BlockBeats·2024/10/16 10:13
Flash
  • 04:49
    Citibank: October non-farm data will significantly slow down, market focus will not return to economic recession
    The Federal Reserve has not yet declared victory in the fight against inflation, but policymakers have shifted some attention to the maximum employment part of their dual mandate. Citi economist Veronica Clark said in a recent report, "October non-farm data will be an important confirmation or denial of stronger September data, but it may not be enough to shift market attention back to the risk of a US economic recession," However, October's data will reflect the ongoing impact of Boeing strikes and hurricanes. Clark estimates that these factors could reduce employment by 70-80 thousand. Citi's view on non-farm employment data is more moderate than generally expected, predicting an increase of 90 thousand people and a slight rise in unemployment rate to 4.23%. In addition, Citi stated that any downward adjustment to September's data could be more significant than usual.
  • 04:47
    In the past 13 hours, a certain whale has withdrawn 5 million US dollars from CEX to bet on the US election in Polymarket
    According to Onchain Lens monitoring, in the past 13 hours, a certain whale has withdrawn $5 million from CEX and placed bets on Polymarket about who will win the US election. They bought shares of "YES" for Trump and "NO" for Harris. This whale traded in six markets and still holds $907,000 worth of USDC available for betting.
  • 04:44
    Analyst: Bitcoin market warning, high leverage triggers a drop in volume
    According to Crypto Hunter on X, after the author reminded investors not to be blindly optimistic in yesterday's market analysis, the Bitcoin (BTC) market quickly showed a trend of sharp decline. The current daily chart has formed a dusk star pattern, which is a typical top reversal signal. From the perspective of coin-based holdings, Bitcoin's holdings have not significantly decreased and the market leverage is still at a high level. The market currently lacks positive signals and it is not advisable to rush to buy at low prices. Effective market turning signals include significant improvements in macro liquidity, significant reductions in leverage rates, and noticeable weakening of sell orders.
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