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1Bitget Daily Digest (May 16)｜Powell Hints at Adjusting Monetary Policy Framework, Nasdaq-Listed Addentax Plans to Buy 8,000 BTC2Bitcoin’s Price Consolidation May Indicate Possible Breakout Towards $110,000 Amid Changing Investor Sentiment3France's interior minister to meet with crypto leaders after wave of violent 'wrench attacks'
Bitcoin Approaches $100,000 as Analysts Suggest Altcoins May Be Set for New All-Time Highs
Coinotag·2024/11/20 20:02
The chance of Bitcoin reaching $100,000 by year’s end surges to 72%
Optimisus·2024/11/20 19:22
Has the meme craze peaked? 4 key factors determine its future
2024 Memecoins Market Data Statistics and Development Trends.
Chaincatcher·2024/11/20 17:33
Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC
Cointelegraph·2024/11/20 16:11
$100K Bitcoin next? No euphoria 'encouraging' as BTC price breaks new highs
Cointelegraph·2024/11/20 16:11
Solana (SOL)-Based CHILLGUY Memecoin Falters As Illustrator Threatens Legal Action: Report
Daily Hodl·2024/11/20 16:00
XRP surges to hit 3-year high as Gensler announces SEC departure
Quick Take The price of Ripple’s XRP token has rallied over 27% in the past 24 hours to hit its highest level since May 2021. The surge comes amid Gary Gensler’s announcement of his departure from the SEC.
The Block·2024/11/20 16:00
Shiba Inu Looks Like Dogecoin: If True, Analyst Projects SHIB Next Target
Timestabloid·2024/11/20 16:00
Flash
- 03:40Data: Bullish Positions Remain Moderate, Limited Leverage Suggests a Healthy and Sustainable MarketForesight News reports that glassnode tweeted that despite the significant rise in BTC prices, the funding rate for perpetual futures remains at a neutral level of approximately 0.007% (annualized 7.6%)—indicating that long positions are still relatively moderate. The derivatives market seems to be catching up with the spot market, with limited leverage suggesting a healthy and sustainable trend.
- 03:40Farcaster Wallet Launches Support for CeloForesight News reports that Celo has announced on warpcast the launch of the Farcaster wallet.
- 03:38Morgan Stanley: The Dollar May Depreciate Another 6% This YearAccording to a report by Jinse Finance, Jitania Kandhari, Chief Investment Officer at Morgan Stanley Investment Management, stated that the dollar's recovery earlier this week is a "counter-trend rebound," while its fundamentals still point to a decline. "This is a counter-trend rebound, but the long-term fundamentals still indicate that the dollar will fall further, possibly depreciating another 6% this year." U.S. investors need time to diversify away from domestic assets because "U.S. investors have a strong home bias," but the clients she interacts with are actively inquiring about other regions of the world to seek opportunities. She is currently optimistic about the euro, yen, and emerging market currencies.