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Bitcoin price action is aligning with pre-halving rally conditions, analyst says
Bitcoin price action is aligning with pre-halving rally conditions, analyst says

The bitcoin market is entering a period with conditions indicative of a pre-halving rally, an analyst said.

The Block·2024/02/15 18:42
MicroStrategy's bitcoin is worth more than $10 billion as cryptocurrency rallies
MicroStrategy's bitcoin is worth more than $10 billion as cryptocurrency rallies

MicroStrategy’s 190,000 bitcoin is now worth more than $10 billion as the world’s most popular cryptocurrency by market capitalization nears $53,000.

The Block·2024/02/15 15:24
Bitcoin call-option buys surge at $60,000 and $80,000 strike prices: QCP Capital
Bitcoin call-option buys surge at $60,000 and $80,000 strike prices: QCP Capital

Bitcoin call options for all expiries from April through to December show a notable concentration at strike prices above $60,000, according to a QCP Capital report.The price of bitcoin increased above the $53,000 mark over the past 24 hours, according to The Block’s Price Page.

The Block·2024/02/15 12:18
Bitcoin ETF Inflows Skyrocket: Last 4 Days Outpace First 20 (Analysis)
Bitcoin ETF Inflows Skyrocket: Last 4 Days Outpace First 20 (Analysis)

Bitcoin ETFs attract strong interest with 43K BTC inflows in four days, surpassing 42K BTC inflows in 20 days post-approval.

Cryptopotato·2024/02/15 12:16
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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