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1Bitget Daily Digest (June 6) Musk and Trump’s clash causes market turbulence; Circle stock surges 160% on IPO debut2Crypto Alchemy: How to Capture the Next 100x Opportunity with the "Narrative Score" Formula3Crypto Markets in Freefall as Trump and Musk’s Feud Triggers Nearly $1 Billion in Liquidations
Top Crypto Gainers Today Aug 24 – Chromia, SSV Network, Turbo, Sei
Insidebitcoin·2024/08/24 13:35
Analyst eyes Ether 'major push' to $3.5K, traders bet against dip
A crypto analyst says Ether could make a "major push" to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move.
Cointelegraph·2024/08/24 07:51
Ethereum layer 2 networks struggle with increased transaction failures
Grafa·2024/08/24 07:15
Fundstrat’s Tom Lee Predicts Cryptocurrency Surge if Trump Wins 2024 Election
Cryptodnes·2024/08/24 07:00
Tron Surpasses Solana as Top Meme Coin Trading Platform
Cryptodnes·2024/08/24 06:57
How TON is Bringing Web3 to a Billion Telegram Users
DailyCoin·2024/08/24 06:46
Polygon (MATIC) Reclaims Top 20 Crypto Spot in Parabolic Run
DailyCoin·2024/08/23 23:33
Tether Has No Plans to Launch Its Own Blockchain: Here’s Why
DailyCoin·2024/08/23 23:33
PEPE Price in Trouble as Whale Activity Declines – Here’s What You Need to Know
A recent spike in selling suggests that most whales may have offloaded their holdings in the meme token.
CryptoNews·2024/08/23 22:24
Flash
- 01:24Federal Reserve's Mester: Trade War May Lead to Persistent Inflation, Tariffs Could Raise Inflation in "One or Two Quarters"According to ChainCatcher, citing Jinshi reports, Federal Reserve's Mester stated that there is a 50% chance of persistent inflation due to the trade war. Tariffs may drive up inflation within "one or two quarters".
- 01:23Musk's Father: Dispute Between Musk and Trump Will "Settle in a Few Days"BlockBeats News, on June 7, Errol Musk, Elon Musk's father, stated that the intense online spat between his son and U.S. President Trump would "settle down in a few days," and considered the dispute to be nothing more than a clash of "competitors." (Jin10)
- 01:23Bank of America: Global Stock Markets Nearing Sell SignalBlockBeats reports that on June 7, Bank of America strategist Michael Hartnett warned that after global stock markets hit a record high this week, a technical "sell" signal is about to be triggered. He stated that the market is currently overheating after surging 20% in just two months. He cited fund flow and market breadth data as evidence of investors flocking to risk assets and being over-positioned. Traders often view this as a bearish signal because, theoretically, it can indicate that market buying power may soon be exhausted, making prices susceptible to a pullback. The data Hartnett referenced shows that in the past four weeks, funds flowing into stocks and high-yield bonds accounted for 0.9% of total assets. He stated that if this figure rises above 1%, it would be a sign for investors to sell. Meanwhile, the market is approaching the "overbought zone." About 84% of country indices are above their 50-day and 200-day moving averages. He indicated that when this indicator reaches 88%, his sell trigger point will be reached. (Jin10)