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Ethereum Struggles to Gain Momentum as “Pepe” Blockchain Secures $18.3M – Is a Rival Emerging?
Ethereum Struggles to Gain Momentum as “Pepe” Blockchain Secures $18.3M – Is a Rival Emerging?

Amidst the downturn, ETH has been notably impacted, with its performance in USD underwhelming compared to other assets throughout the year..

CryptoNews·2024/10/10 22:48
Most ETF investors more interested in crypto than bonds
Most ETF investors more interested in crypto than bonds

Share link:In this post: ETF investors see the vehicle as an essential tool to building robust portfolios. Millennials are the most likely cohort to choose crypto ETF, while also looking for other personalized investments. More ETF buyers are interested in crypto-based funds compared to the 2023 survey by Charles Schwab.

Cryptopolitan·2024/10/10 22:48
Another 50 bps rate cut by the Fed is unlikely to happen again this year
Another 50 bps rate cut by the Fed is unlikely to happen again this year

Share link:In this post: A capital markets commentary mentioned that a 50 basis point rate cut by the Federal Reserve would be unlikely again this year. The commentary, The Kobeissi Letter, also explained that the previous Fed interest rate cut was too aggressive. The Federal Reserve initiated a 50 basis point interest rate cut on September 18, the first rate cut in four years.

Cryptopolitan·2024/10/10 22:48
Flash
13:49
Oil tankers gather outside the Persian Gulf, betting on soaring freight rates after the reopening of the Strait of Hormuz
Capital Maritime & Trading owner Evangelos Marinakis stated at the TradeWinds Shipowner Forum held in Athens on Tuesday that the company has deployed a large number of tankers to waters three to five days' sailing distance from the Persian Gulf, namely near India and East Africa. According to a knowledgeable source, at least one other Greek shipowner has also carried out similar vessel deployments. (Bloomberg)
13:46
After the US stock market opened, most crypto-related stocks declined, Strategy slightly rebounded by 1.3%, and the chip storage sector saw widespread gains.
BlockBeats News, June 3 — According to Bitget market data, after the U.S. stock market opened, most crypto-related stocks declined, including: Strategy (MSTR) slightly rebounded by 1.3%; A certain exchange (COIN) dropped by 1.65%; Circle (CRCL) fell by 3.5%; BitMine Immersion (BMNR) decreased by 2.2%; SharpLink Gaming (SBET) was down 0.95%. In addition, U.S. chip, semiconductor, and storage sectors generally rose, among which: Intel (INTC) surged by 8.6%; AMD increased by 4.1%; Qualcomm (QCOM) rose by 0.9%; Seagate Technology (STX) went up 1.9%; Western Digital (WDC) increased by 5.3%; SanDisk (SNDK) rose by 1.3%.
13:41
Bitget US stock token market: mixed performance, CIFR up 9.43%, MARA down 5.78%
According to Foresight News, based on Bitget market data, US stock crypto sector tokens showed mixed performance. In the past 24 hours, CIFR rose by 9.43%, IREN increased by 3.36%, MARA fell by 5.78%, GEMI dropped by 5.64%, BTGO decreased by 4.72%, CRCL fell by 4.66%, SBET dropped by 4.52%, and COIN decreased by 3.09%.
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