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Is $70,000 on the cards for Bitcoin tomorrow?
Is $70,000 on the cards for Bitcoin tomorrow?

Share link:In this post: Bitcoin is trading around $67,774 and needs to break through the $68,236 resistance level to make for $70,000. The trading of Ethereum ETFs could boost market sentiment and drive BTC’s price higher. Institutional interest and bullish market indicators show strong support, making $70,000 a plausible target.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strong

Cryptopolitan·2024/07/23 00:04
What to expect when spot Ethereum ETFs start trading tomorrow
What to expect when spot Ethereum ETFs start trading tomorrow

Share link:In this post: Eight major financial institutions are launching spot Ethereum ETFs tomorrow at the opening bell. The ETFs could drive up the price of Ethereum, but the market might see increased volatility and potential sell pressure from Grayscale’s trust.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qual

Cryptopolitan·2024/07/23 00:04
Short Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?
Short Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?

CoinShares highlighted the digital asset market’s positive trend, with signicant inflows and increased trading volumes for ETPs.

Cryptopotato·2024/07/22 23:55
Flash
19:31
Fed's Daly: Providing forward guidance is not appropriate at this time
Golden Ten Data reported on June 5 that Federal Reserve’s Daly stated that the current monetary policy is in a good position, but the economic situation is too uncertain to clearly indicate the direction of interest rates. Daly mentioned that providing forward guidance is not appropriate at the moment because it is impossible to predict how the economy will develop. The most concerning issue now is inflation, with the main focus on rising energy and food prices. Bringing the inflation rate back to target is the Federal Reserve’s top priority. Daly also said that, although there is currently no clear evidence in economic data that artificial intelligence has boosted productivity, she remains optimistic about the technology and believes 2027 will be a litmus test; at the same time, she has not identified any financial stability concerns related to AI investments.
19:31
The president of Anthropic believes that high computing costs are the main driver for the company's IPO.
Amodei believes that "training AI models is an extremely capital-intensive business," and that the public market "is very well suited to this characteristic." Expand
19:07
National Healthcare Corporation (NHC) recently completed a strategic acquisition, successfully bringing five skilled nursing facilities under its umbrella for a total price of 50.5 million dollars.
This transaction marks an important step for NHC in expanding its professional care service network, further consolidating its market position in the healthcare sector. Through this acquisition, NHC has not only strengthened its service capabilities but also optimized its regional layout, laying a solid foundation for future business growth.
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