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Bitcoin prices could be primed for a big move upwards if previous market cycle patterns are to be repeated.
Institutional Crypto Research Written by Experts
The 11 spot bitcoin ETFs in the U.S. reported a total daily net inflow of $153.91 million on Wednesday.BlackRock’s IBIT took the lead, adding net inflows of $92 million.The U.S. House of Representatives passed FIT21, a bill that aims to set a robust legal framework for digital assets, on Wednesday.
Taiko, an Ethereum Layer 2 rollup project, plans a “genesis airdrop” distributing 5% of its 1 billion token supply ahead of its mainnet launch. Eligibility for the airdrop includes those who interacted with the Taiko testnet, block proposers and provers, contributors to certain GitHub repositories, and Ethereum ICO participants.
- 2024/10/27 23:57Market News: Musk believes he can reduce the U.S. government's annual expenditure by 2 trillion dollarsAccording to market news, Elon Musk believes he can reduce the annual expenditure of the US government by 2 trillion dollars.
- 2024/10/27 23:55In the past 24 hours, a total of $67.2466 million worth of short positions have been liquidated across the network. The total market value of cryptocurrencies has returned to above $2.4 trillionThe data shows that the current total market value of cryptocurrencies is 2.419 trillion US dollars, with a 24-hour increase of 0.1%. In addition, BTC's market share is 55.6%, and ETH's market share is 12.5%. According to Coinglass data, in the past 24 hours, there has been a liquidation of $6724.66 million across the network, including $2224.29 million from long positions and $4500.37 million from short positions.
- 2024/10/27 23:50Today's Top 5 Gainers: ZAI has increased by more than 109%Bitget market data, today's top 5 tokens in terms of increase are ZAI, NEIRO, CHAT, NETZ, UNIO. Specifically: ZAI has increased by 109.52% in the last 24 hours and is currently priced at $0.0176; NEIRO has increased by 62.54% in the last 24 hours and is currently priced at $0.1050; CHAT has increased by 55.31% in the last 24 hours and is currently priced at $1.258; NETZ has increased by 37.35% in the last 24 hours and is currently priced at $0.003931; UNIO has increased by 35.90% in the last 24 hours and is currently priced at $0.00318.
