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Bitcoin hits Wall Street: A recap of a critical six months for crypto markets and what what could lie ahead the rest of the year
Bitcoin hits Wall Street: A recap of a critical six months for crypto markets and what what could lie ahead the rest of the year

The debut of Bitcoin ETFs helped push the world’s largest cryptocurrency to new all-time highs this year.The U.S. presidential election continues to shake the market as Donald Trump embraces crypto while Joe Biden remains in limbo.Below is a brief recap of the market’s major milestones of 2024 and a glimpse at what’s ahead before the year ends.

The Block·2024/07/05 22:13
Bitcoin bulls meet their third final boss after US and Germany: Mt. Gox
Bitcoin bulls meet their third final boss after US and Germany: Mt. Gox

The Mt. Gox repayments are finally here, whether the market is ready or not

Blockworks·2024/07/05 21:52
Donald Trump will trigger a massive Bitcoin bull run if he wins: FT
Donald Trump will trigger a massive Bitcoin bull run if he wins: FT

Share link:In this post: Donald Trump’s potential election victory could trigger a massive Bitcoin surge. Bitcoin has surged in 2024 due to Bitcoin ETFs but struggled since April’s halving event. Analysts believe Trump’s pro-crypto stance and policies could boost Bitcoin’s appeal. Market watchers predict Bitcoin could reach $100,000 by Election Day if Trump wins.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information

Cryptopolitan·2024/07/05 20:31
$537 million Binance deposits tied to BTC price drop suggest whales selling: LookOnChain
$537 million Binance deposits tied to BTC price drop suggest whales selling: LookOnChain

Two wallets identified by LookOnChain have transferred 9,500 BTC worth about $537 million, at current prices, to Binance within the past week.The transfers were associated with subsequent drops in the price of bitcoin, which may indicate the whales selling.

The Block·2024/07/05 19:49
Is Bitcoin Undervalued? Core Scientific Founder Shares Optimistic Thoughts
Is Bitcoin Undervalued? Core Scientific Founder Shares Optimistic Thoughts

Darin Feinstein encouraged the community to view Bitcoin’s current price drop as a buying opportunity.

Cryptopotato·2024/07/05 19:49
Solana endorses decentralized Ticketmaster alternative XP
Solana endorses decentralized Ticketmaster alternative XP

Share link:In this post: Solana promotes the Ticketmaster alternative, XP, via an X Video. According to Solana, XP uses blockchain to cut down ticket fees and enhance market fairness. The XP platform utilizes tpNFTs to improve security and authenticity in ticket sales.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qu

Cryptopolitan·2024/07/05 18:28
Flash
08:34
Bernstein: Kioxia is Overvalued, Stock Price May Have 50% Downside Potential
Glonghui, June 17|Bernstein believes that the stock price of Japan’s largest market-cap stock, the storage giant [Certain Exchange], has up to 50% downside potential. Analysts noted in a report that unless long-term gross margins reach 65% or supply shortages persist until 2032, the stock is overvalued. Bernstein maintains an “underperform” rating. Bernstein still expects NAND flash prices to peak in 2027, with gross margins normalizing to around 30% by the end of 2028. On the other hand, given short-term market momentum supporting prices, the target price for [Certain Exchange] has been raised from 17,000 yen to 40,000 yen. [Certain Exchange] closed up 1.35% today at 96,000 yen, hitting a new all-time high. Its market cap reached 52.45 trillion yen, firmly remaining Japan’s largest company by market capitalization. Since the beginning of the year, [Certain Exchange] has jumped 820%.
08:34
BAGS launches new “SpaceX Mode” to increase dynamic fees and liquidity
Foresight News reports that BAGS has announced the launch of a new default startup mode called "SpaceX Mode." The new dynamic fee structure will take effect when a new token launches, starting at a 2% fee, which will decrease to 0.5% as market value increases. Additionally, after the migration, 25% of fees will be allocated to composite liquidity, and liquidity will gradually increase with the number of transactions. When a new token is issued, only 4% of its supply will be in circulation.
08:34
Sources: UAE advances initiatives aiming to reduce reliance on the Strait of Hormuz to zero
Sources: The United Arab Emirates is advancing relevant measures, aiming to reduce its dependence on the Strait of Hormuz to zero.
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