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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

600% Hike Pushes Hedera (HBAR) Open Interest to All-Time High, Traders Expect More
600% Hike Pushes Hedera (HBAR) Open Interest to All-Time High, Traders Expect More

Hedera (HBAR) open interest has surged to a record $417 million, indicating strong market sentiment.

BeInCrypto·2024/12/07 07:30
XRP 25% Weekly Rally: Why a Local Top Could Be Near
XRP 25% Weekly Rally: Why a Local Top Could Be Near

After a 25% gain to $2.72, Ripple's market metrics indicate XRP may struggle to climb higher.

BeInCrypto·2024/12/07 04:30
Tether Mints 19 Billion USDT in a Month, Crypto Markets on Alert
Tether Mints 19 Billion USDT in a Month, Crypto Markets on Alert

Tether’s 19 billion USDT minting spree boosts liquidity in the crypto market while raising questions about reserve transparency and systemic risks.

BeInCrypto·2024/12/07 03:00
Flash
  • 21:37
    Goldman Sachs Delays Fed Rate Cut Expectation to Year-End, Lowers US Recession Probability
    According to a report by Jinse Finance, Goldman Sachs has adjusted its expected timing for the next Federal Reserve rate cut to December (previously expected in July). Analysts at the firm stated: "Given the developments and the significantly eased financial conditions over the past month, we have raised our forecast for the annual growth rate of the U.S. economy in the fourth quarter of 2025 by 0.5 percentage points to 1%, and reduced the probability of a recession in the next 12 months to 35%. Meanwhile, we have lowered our expectations for the core Personal Consumption Expenditures (PCE) inflation path, anticipating a peak of 3.6% (previously expected at 3.8%)."
  • 21:06
    Optimism in the Cryptocurrency Market Heats Up
    Trade tensions between the United States and China have eased, leading to a recovery in the Bitcoin market. The mining company American Bitcoin, supported by the Trump family, plans to go public through a merger, and analysts expect the cryptocurrency market to enter a positive "venture capital" environment. Other companies like Metaplanet and Strategy continue to increase their investments in BTC, indicating that enterprises are actively participating in the digital currency accumulation frenzy. Additionally, the global stablecoin network Global Dollar Network has recently expanded its list of partners to promote its USD-pegged stablecoin USDG. Bitcoin remains the primary asset class for capital inflow, while Sui-related products have performed outstandingly.
  • 21:05
    Crypto Market Recovery: Major Coins like XRP, BTC Break Through 200-Day Moving Average
    On May 13, according to CoinDesk, as the overall cryptocurrency market rebounds, the prices of major tokens such as XRP, BTC, BNB, ADA, and TRX have all surpassed the critical 200-day moving average. This breakthrough in the technical indicator suggests that market breadth is improving and investor sentiment is turning optimistic. Analysts point out that this widespread rally may signal the beginning of a new bull market cycle, especially as tokens like XRP and TRX show strong breakout momentum after a prolonged consolidation. Market trading volume is simultaneously expanding, indicating that funds are flowing back into the crypto asset sector.
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