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1Cat-Themed Meme Coin MEW Surges to New Heights, Topping $1 Billion Market Cap2Bitcoin Bulls Maintain Control Above $66,500, Eye Possible All-Time High of $73,6793TON holders expected to top Ether’s by year-end
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Bitget Announcement·2024/05/16 06:39
Drift Protocol (DRIFT): Unlocking the Future of Decentralized Trading on Solana
Bitget Academy·2024/05/16 06:31
Millennium Management discloses $2B in Bitcoin ETF holdings
Cointelegraph·2024/05/16 05:26
This Is How Many New Tokens and Meme Coins Have Emerged on Ethereum and Solana Since Apr 1
Most of the tokens were launched on the Solana network.
Cryptopotato·2024/05/16 04:58
Spot bitcoin ETFs report $302 million inflows led by Fidelity’s FBTC
U.S. spot bitcoin exchange-traded funds recorded a total daily net inflow of $302.97 million.The largest daily inflow was seen from Fidelity’s FBTC, which drew in $131 million.
The Block·2024/05/16 04:43
NFT Collection Pudgy Penguin’s CEO Reports Over 1M Toy Sales in 12 Months
Newscrypto·2024/05/16 03:53
Bitcoin crosses $66K as traders eye 2 key indicators for $70K target
Cointelegraph·2024/05/16 02:43
Market dynamics on May 16: BTC surges, altcoins generally
Bitget·2024/05/16 02:12
Shiba Inu (SHIB) Price Prediction: 50% Surge Incoming But There’s a Catch (Analyst)
Check out how high SHIB can spike in the following months (according to some popular analysts).
Cryptopotato·2024/05/15 21:55
Flash
- 05:29BlackRock's Ethereum ETF holdings have surpassed 440,000 ETH as of this weekAccording to official data, as of this week (October 25), the holdings of BlackRock's spot Ethereum exchange-traded fund have exceeded 440,000 ETH, reaching 440,525.0685 ETH, with a position market value of $1,090,061,660.87.
- 05:28Analysis: Sei EVM has added over 800,000 new users in the past 30 days, an increase of 34%According to on-chain data analyst Hess, who shared the data on X, Sei Network has attracted nearly 808,000 new users in just EVM aspect over the past 30 days, an increase of 34% in new user numbers. In addition, since the launch of Sei EVM, a total of 1.7 million unique addresses have made at least one transaction.
- 05:25QCP: This week, BTC retested the local high of $69,500 since July but failed to break through. It seems to be forming a consolidation patternQCP pointed out in its market analysis that the cryptocurrency market was relatively volatile this week. BTC retested the local high of $69,500 since July but failed to break through, eventually giving back gains and finding support at the $65,000 level. It now seems to be forming a consolidation pattern. This week's net inflow into BTC ETF reached $997.7 million, marking the third consecutive week of net inflows, indicating strong institutional demand. Bitcoin's dominance continued to rise this week, reaching a high point of 59.75%. Conversely, ETH/BTC broke below its key support level of 0.03850 and fell by 5.85% to a new low of 0.03625. Analysts believe that as Bitcoin approaches its all-time highs, the trend towards increased Bitcoin dominance may continue in the short term. Reports about alleged US government investigations into Tether caused USDT to briefly fall to a low point of 0.9965 before rebounding above 0.9980.Tether CEO Paolo Ardoino has so far denied these allegations; whether they are true remains to be seen as this is not Tether’s first time under such strict scrutiny.In Middle East tensions continue escalating due Israel retaliating against missile attacks earlier this month. On Friday,the Israeli retaliation and negative news related with USDT brought some selling pressure on markets.The Dow Jones Industrial Average (DJIA) and S&P500 index fell by respectively .61%and .03%. Cryptocurrencies subsequently dropped with BTC momentarily falling down to $65500 before bouncing back above $67000. As we approach end of this week focus now shifts onto non-farm employment data set for release next Friday which will provide further insights for Federal Reserve's next move.Currently there is a probability rate at95.%for November interest rates cut by25 basis points.Market does not expect any surprises.