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Why cross-chain messaging is becoming more popular
Why cross-chain messaging is becoming more popular

More than 1 billion messages have been sent on Wormhole, and Axelar has seen interchain transactions increase by 478%

Blockworks·2024/02/14 23:04
Sommelier DeFi strategy vaults now live on Arbitrum
Sommelier DeFi strategy vaults now live on Arbitrum

Arbitrum is the first multichain expansion destination for Real Yield ETH

Blockworks·2024/02/14 23:04
Genesis gets court approval to offload $1.6B Grayscale shares
Genesis gets court approval to offload $1.6B Grayscale shares

A lawyer for Genesis put the value of the Grayscale shares around $1.6 billion

Blockworks·2024/02/14 23:01
Bitcoin ETF inflows pick up again, with BlackRock leading the way
Bitcoin ETF inflows pick up again, with BlackRock leading the way

Bitwise Chief Investment Officer Matt Hougan says he expects a “secondary acceleration” for spot bitcoin ETF flows in a few months

Blockworks·2024/02/14 23:01
Bitcoin breaks $52k, outperforms stocks to new 2024 high
Bitcoin breaks $52k, outperforms stocks to new 2024 high

Bitcoin came close to breaking through $52,000 Wednesday morning in New York, recovering from losses spurred by Tuesday’s hotter-than-expected inflation data

Blockworks·2024/02/14 21:58
Tap Protocol overtakes BRC20 in 24 hour Bitcoin Ordinals transaction activity
Tap Protocol overtakes BRC20 in 24 hour Bitcoin Ordinals transaction activity

With 645 transactions, Tap Protocol leads the Ordinals network, hinting at a DeFi distruption on Bitcoin.

Crypto Slate·2024/02/14 21:28
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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