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Bitcoin experiencing 'DeFi summer' moment as miners rake in record $100 million post-halving: Bernstein
Bitcoin experiencing 'DeFi summer' moment as miners rake in record $100 million post-halving: Bernstein

Bitcoin is experiencing a “DeFi summer” moment akin to Ethereum’s in 2020 amid the launch of a new token protocol called Runes, analysts at Bernstein said. Bitcoin miners generated over $100 million in rewards on April 20, with around $80 million just from transaction fees alone.

The Block·2024/04/22 10:51
Bitcoin's post-halving recovery boosted by tempering geopolitical tensions, analyst says
Bitcoin's post-halving recovery boosted by tempering geopolitical tensions, analyst says

Bitcoin has recovered above the $66,000 mark in early trading on Monday as broader market caution dissipates.The digital asset has rebounded from losses suffered in the lead-up to the halving — impacted by geopolitical tensions.

The Block·2024/04/22 10:40
BTC trades at 'deep discount' after halving — 5 things to know in Bitcoin this week
BTC trades at 'deep discount' after halving — 5 things to know in Bitcoin this week

Bitcoin has a new countdown after the halving as the days of a sub-$100,000 BTC price are "numbered," new analysis suggests.

Cointelegraph·2024/04/22 09:49
Bitcoin: What If We Are Wrong ??
Bitcoin: What If We Are Wrong ??

Institutional Crypto Research Written by Experts

10xResearch·2024/04/22 09:16
BTC Jumps to a Weekly High Above $66K, NEAR Soars 8% Daily (Market Watch)
BTC Jumps to a Weekly High Above $66K, NEAR Soars 8% Daily (Market Watch)

NEAR Protocol’s native token is among the top performers in the past 24 hours.

Cryptopotato·2024/04/22 08:55
Flash
10:19
Polymarket predicts a 36% probability on the event "Bitcoin drops to $55,000 in June."
BlockBeats News, June 10th, as Bitcoin briefly dropped below $61,000, the prediction on Polymarket for "Bitcoin dropping to $55,000 in June" had a 36% probability (4% on June 2nd). Furthermore, the probability of dropping to $50,000 was 16%, and the probability of rising to $65,000 was 57%.
10:00
"ETH Long" Buddy Faces Partial Liquidation Again, Cumulative Loss Reaches Nearly $35 Million
BlockBeats News, June 10th, according to Onchain Lens monitoring, as the market declined, "Big Brother Whale" Huang Li Cheng's 25x ETH long position was partially liquidated again. He also closed most of his position, and is currently facing a loss of approximately $35 million.
09:55
Tonight, ahead of the CPI data release, the probability of a Fed interest rate hike this year is 68.8%.
BlockBeats News, June 10th, according to CME's "FedWatch" data, the probability of a Fed rate hike within the year is 68.8% tonight before the announcement of the May CPI data in the United States. The probabilities are as follows: 43.1% for a cumulative 25 basis point hike, 21.2% for a cumulative 50 basis point hike, 4.2% for a cumulative 75 basis point hike, and 0.3% for a cumulative 100 basis point hike. The U.S. Bureau of Labor Statistics will announce the May CPI data tonight at 20:30. The market generally expects the May CPI to rise by 0.5% month-over-month, with a year-over-year growth rate of 4.2%. If this expectation is met, it will be the first time the U.S. CPI has returned to above 4% since May 2023, reaching the highest level since April 2023. As for the core CPI, the market expects a 0.3% month-over-month increase in May, with a year-over-year growth rate of 2.9%.
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