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1SUI Price Remains Optimistic As 7-Week-Long Death Cross Nears End2TRUMP Meme Coin Falls 16% As Short Sellers Remain Highly Active3Can Cardano (ADA) Bounce to Continue Its Rebound? This Pattern Says Yes!
Tomorrow is Critical: Standard Chartered Shares Latest Expectations Ahead of Powell’s Speech Tomorrow
Standard Chartered analysts shared their expectations for the FED chairman's speech tomorrow in their new report.
Bitcoinsistemi·2024/08/22 20:42
Ether ETFs Succumb to Persistent Outflows as Market Wavers
Dailycoin·2024/08/22 20:28
Pepe Coin Poised for a 61% Surge: Is a Bullish Breakout Around the Corner?
CryptoNews·2024/08/22 19:33
Creditors Rally Behind FTX’s Reorganization Plan with 95% Approval Rate
Ahead of a crucial bankruptcy hearing, FTX's reorganization plan receives 95% approval from creditors, resolving issues with asset value and taxable events.
CryptoNews·2024/08/22 19:33
3 reasons why Bitcoin price could hit $68K in September
Cointelegraph·2024/08/22 18:24
Altcoin Bull Run is Coming in Less Than 4 Months, According to Analyst
Cryptodnes·2024/08/22 17:33
Is the FED Ready to Cut Interest Rates? Critical Statements Came from a Hawkish FED Member!
Kansas City FED President Jeffrey Schmid, who was appointed as a FED member and is known for his hawkish stance, spoke about interest rate cuts.
Bitcoinsistemi·2024/08/22 16:30
Falling Dollar Could Boost XRP, Analyst’ Take
Coinedition·2024/08/22 16:00
XRP’s Price Fluctuates as SEC Appeal Deadline Nears
Coinedition·2024/08/22 16:00
DCG is debt-free, minus its $1.1 billion promissory note to Genesis, as of June
Quick Take Digital Currency Group has fully repaid its short-term debts as of June, the company announced in a quarterly shareholder letter this week. Its only remaining debt is a $1.1 billion promissory note due to its bankrupt crypto-lending unit Genesis in eight years.
The Block·2024/08/22 16:00
Flash
- 15:04U.S. Treasury Secretary: U.S. Stock Market Shows Anti-FragilityOn May 5th, U.S. Treasury Secretary Besent stated that the United States will strengthen its position as the global capital center. The U.S. stock market has "anti-fragility," and in the long run, there is never a bad time to invest in the U.S.
- 15:02Analyst: If Bitcoin Falls Below $90,000, It May Trigger a Deeper PullbackAccording to CoinDesk, Bitcoin fell below the $95,000 mark during Monday's trading as macroeconomic uncertainty intensified and the upcoming Federal Reserve meeting heightened market caution. FxPro analyst Alex Kuptsikevich stated that if the price continues to be under pressure, the key support levels below are $92,500 and $89,000; once it falls below $90,000, it may trigger a deeper correction. Additionally, despite market volatility, the Bitcoin spot ETF launched last year recorded a net inflow of approximately $1.81 billion last week, indicating continued enthusiasm for allocation from both institutions and retail investors. On-chain data shows that the unrealized profit of long-term holders has approached 350%, which may pose potential selling pressure on the price.
- 15:01Analysis: U.S. Economic Data Shows Little Sign of Weakness, Fed Unlikely to Cut Rates This WeekAccording to Jinshi reports, Julius Baer economist David Kohl stated that the U.S. economy shows almost no signs of weakness. After the release of the April non-farm payroll report, he said: "The unstable and restrictive economic policies of the United States, including the introduction of high tariffs, have so far not had the expected negative impact on labor market data." The economist pointed out that better-than-expected job additions and low unemployment rates have driven continued strong growth in private consumption. Kohl added that the data is very solid, and it is expected that the Federal Reserve will not cut interest rates this week. Kohl said the Federal Reserve might ignore the negative data from survey indicators and wait to act until economic data shows weakness.