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1Bitget Daily Digest (6.20)｜White House Signals Middle East Tension, $FET Launches $50M Buyback, $LISTA Faces Major Unlock2Semler Scientific hires crypto industry veteran, plans to double bitcoin holdings by end of year3Trader Says Dogecoin Competitor Headed to the ‘Gulag’ if Support Level Crumbles, Updates Outlook on Bitcoin and Hyperliquid
Central banks’ gold stash now at 12.1% – A level unseen since the 90s
Share link:In this post: Central banks now hold 12.1% of the world’s gold reserves, the highest since the 90s, with China, India, Turkey, and Poland leading purchases. Gold prices hit a record $2,772 per ounce this week, up 33% this year, and outperformed major stock markets since 2022. Political and economic shifts are pushing countries to rely less on the dollar, with rising demand for gold as a stable, “safe haven” asset.
Cryptopolitan·2024/10/27 12:44
US and Nigeria Collaborate to Combat Crypto Crime
HappyCoinNews·2024/10/27 08:22
XRP Holds Strong at $0.51 Support, Can Bulls Push the Price Higher?
Cryptonewsland·2024/10/27 07:44
Bitcoin ETF Inflows Near $1B This Week Alone as Investors Double Down
Cryptonewsland·2024/10/27 07:44
Analyzing Optimism’s Short-Term Target: Can OP Reach $1.96 Soon?
Cryptonewsland·2024/10/27 07:44
Solana’s Price Breaks Record Against Ethereum: Will ETH Reestablish Its Dominance?
Cryptonewsland·2024/10/27 07:44
These 3 Altcoins Will Explode in the 2025 Crypto Bull: LINK, SUI, NEAR
Cryptonewsland·2024/10/27 07:44
Here’s Why GOAT, NOT, and SCR are Trending This Weekend
Cryptonewsland·2024/10/27 07:44
Collins Capital: Crypto's future rise depends on the expansion of industry infrastructure
Ke Yin's layout and strategy in the blockchain industry
BlockBeats·2024/10/27 02:31
Top 3 Artificial Intelligence (AI) Coins of the Fourth Week of October 2024
BeInCrypto·2024/10/27 02:11
Flash
- 07:39"Short King" Profits $9.68 Million from Shorting 16 AltcoinsOdaily Planet Daily News: According to on-chain analyst @ai_9684xtpa, the "short-selling leader" who previously shorted 16 altcoins on Hyperliquid has now accumulated profits of $9.68 million, significantly higher than last week's $3.56 million. Of the 16 positions currently held, 15 are in unrealized profit, with the only losing position, HYPE, narrowing its loss to $1.92 million. The total value of all positions is approximately $53.3 million.
- 07:38Matrixport: Bitcoin ETFs Attract Over $45 Billion, but the Market Faces Hidden Selling PressureOdaily Planet Daily reports that Matrixport has released its latest weekly report, noting that Bitcoin ETFs have attracted over $45 billion in cumulative inflows, with stable corporate allocation demand and growing institutional interest. However, despite the strong capital inflows into ETFs, the market still faces hidden selling pressure risks, especially when the price of Bitcoin approaches the average holding cost of retail investors over the past year (around $45,000). At such levels, potential selling pressure may emerge, possibly creating resistance to further price increases. The report also points out that since some funds that flowed into Bitcoin ETFs in Q2 2024 are still at a loss, the market may continue to undergo structural adjustments in the short term. The key lies in whether Bitcoin can break out of its current range and trigger a new wave of capital inflows.
- 07:36Data: In the past 24 hours, total liquidations across the network reached $81.60 million, with long positions accounting for $46.45 million and short positions for $35.15 millionAccording to ChainCatcher, citing data from Coinglass, total liquidations across the network reached $81.60 million in the past 24 hours, with long positions accounting for $46.45 million and short positions for $35.15 million. Specifically, Bitcoin long liquidations amounted to $5.14 million, while Bitcoin short liquidations totaled $4.68 million. For Ethereum, long liquidations reached $7.74 million and short liquidations were $9.08 million.