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BlackRock Pivots to RWA, With Planned Ethereum Tokenized Asset Fund
BlackRock Pivots to RWA, With Planned Ethereum Tokenized Asset Fund

Institutional asset management giant BlackRock has continued its foray into digital assets with a new tokenized asset fund on Ethereum.

Cryptopotato·2024/03/20 20:52
Bitcoin Spikes 4% After Federal Reserve Maintains Rates At FOMC
Bitcoin Spikes 4% After Federal Reserve Maintains Rates At FOMC

The Federal Reserve says it doesn’t expect interest rate cuts in the near term so long as inflation remains elevated.

Cryptopotato·2024/03/20 19:07
Bitcoin price trades flat as Federal Reserve holds rates steady
Bitcoin price trades flat as Federal Reserve holds rates steady

Bitcoin’s price traded flat on Wednesday after the Federal Reserve held interest rates at the current range of 5.25%-5.50%.

The Block·2024/03/20 18:36
Time to prepare for the next altcoin season?
Time to prepare for the next altcoin season?

Cointelegraph·2024/03/20 18:28
SEC delays decision on VanEck spot Ethereum ETF, asks for public comments
SEC delays decision on VanEck spot Ethereum ETF, asks for public comments

In a document filed on Wednesday, the SEC said it would take until May 23, 2024 decide on whether to approve VanEck’s spot ether ETF and asked the public for comments. The delays come as the Ethereum Foundation said it received a voluntary and confidential inquiry from an unspecified state authority, according to reporting from The Block.

The Block·2024/03/20 17:40
Adjusting Trading Strategies to the Upcoming Bitcoin Halving: Is This Cycle Different?
Adjusting Trading Strategies to the Upcoming Bitcoin Halving: Is This Cycle Different?

Discover how to adapt your trading strategies for the Bitcoin halving and ETF dynamics, ensuring you're prepared for the shifts in the crypto market landscape.

Cointime·2024/03/20 15:37
QCP Capital Market Update – 20 Mar 24
QCP Capital Market Update – 20 Mar 24

QCP Capital·2024/03/20 15:37
Flash
11:13
``` "The Father of GPT" Ultron Acknowledges that Tokenomics is Now a Huge Issue ```
On June 2nd, OpenAI CEO Sam Altman admitted at the "Intelligence at Work" event that the cost of AI tokens has become a huge issue. He provided a set of data: six and a half years ago, the world's top token burner used 100,000 tokens per month; however, today, this amount is only equivalent to the global average per person. The current top user now burns a whopping 100 billion tokens per month, a million-fold increase. He stated that in the future, OpenAI aims to turn AI into infrastructure as essential as water and electricity, allowing everyone to use it without worrying about costs.
11:13
Estimates: About 30% of SpaceX's Free Float Shares May Be Held by Passive Investors Just 15 Days After IPO
On June 10, academics and market observers stated that as index-tracking funds are likely to bring billions of dollars in buying power to SpaceX, the company's stock price could be further elevated, potentially creating a self-reinforcing feedback loop. It is reported that global index providers such as Nasdaq, FTSE Russell, and MSCI are preparing to quickly include SpaceX in their indices. The index rebalancing forecasting agency Intropic estimates that about 30% of SpaceX's free float shares may be held by passive investors just 15 days after the company's IPO.
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%.
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