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GBTC sees $166M outflow despite CEO’s ‘equilibrium’ remark
On the other hand, inflows into Bitcoin ETFs have been minimal, indicating declining investor engagement.
Cointelegraph·2024/04/13 13:07
Here’s Why the Effect of Bitcoin Halving is Diminishing, According to CryptoQuant
CryptoQuant says demand growth will be the key driver of prices post-halving.
Cryptopotato·2024/04/13 12:28
Top Recent Shiba Inu Price Predictions: Where is SHIB Headed in 2024?
Many analysts remain optimistic that SHIB’s price will soon take off: check out their reasons.
Cryptopotato·2024/04/13 10:43
Major Sell-Off Rocks Crypto Market: Bitcoin, Ethereum, and Altcoins Plunge
Coinedition·2024/04/13 10:13
Bitcoin’s halving countdown continues with one week to go
Quick Take Bitcoin’s next halving event, when the miners’ block subsidy reward gets cut in half, is now just one week away, according to The Block’s halving countdown. The estimated time remaining would see Bitcoin’s fourth halving arrive on April 20, with the block subsidy dropping from 6.25 BTC to 3.125 BTC.
The Block·2024/04/13 09:10
Why will EIP-3074 be included in the next Ethereum upgrade? What is the difference between it and ERC-4337?
BlockBeats-Article·2024/04/13 09:07
Chainlink Price Predictions: Is LINK Ready to ‘Moon’ During This Bull Cycle?
Check out why LINK’s valuation may head north in the near future.
Cryptopotato·2024/04/13 08:58
GBTC had a net outflow of US$166 million yesterday, and BlackRock IBIT had a net inflow of US$111 million
BlockBeats·2024/04/13 02:00
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 MillionBlockBeats 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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