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Memecoins GME, Roaring Kitty spike even as GameStop's stock tumbles back to earth
Memecoins GME, Roaring Kitty spike even as GameStop's stock tumbles back to earth

GameStop-themed memecoins GME and Roaring Kitty spiked 10% and 42%, respectively, in the past 24 hours. In the same period, GameStop’s stock fell around 20% to $22.22 per share. The firm posted net sale losses in first-quarter preliminary results on Friday.

The Block·2024/05/17 21:58
Spot bitcoin ETF inflows in May have made up for April outflows: analyst
Spot bitcoin ETF inflows in May have made up for April outflows: analyst

May spot bitcoin ETF inflows have already made up for April’s negative outflows, notes senior ETF analyst Eric Balchunas.The last two months exhibit why traders shouldn’t get “emotional” over inflows and outflows; it’s a “part of ETF life,” he adds.

The Block·2024/05/17 19:43
ZkSync teases v24 upgrade, fueling airdrop rumors
ZkSync teases v24 upgrade, fueling airdrop rumors

Zksync said Friday in an X post that it would soon roll out its v24 upgrade, as it aims to further decentralize its protocol this summer. The announcement fueled rumors that an airdrop from the Layer 2 solution could come as early as June.

The Block·2024/05/17 17:28
Macro continues to be a key driver for crypto: Coinbase
Macro continues to be a key driver for crypto: Coinbase

The macro environment remains a key driver for crypto performance, evidenced by the rebound in bitcoin prices after April’s softer CPI print, a Coinbase report said.

The Block·2024/05/17 15:31
Bitcoin preps 'golden cross' which last sparked 170% BTC price gains
Bitcoin preps 'golden cross' which last sparked 170% BTC price gains

Bitcoin is dishing out the bull signals on lower timeframes, but can BTC price action overcome key resistance?

Cointelegraph·2024/05/17 15:16
Coinbase says market 'underestimating' timing and odds of spot Ethereum ETF approval
Coinbase says market 'underestimating' timing and odds of spot Ethereum ETF approval

Coinbase analyst David Han said the market may be “underestimating” the timing and odds of a potential spot Ethereum ETF approval.The mismatch leaves room for “surprises to the upside,” with no major sources of supply-side overhangs, he added.

The Block·2024/05/17 13:43
Flash
13:33
Billions releases strategic roadmap: focusing on agent business and payment infrastructure development
ChainCatcher news, the AI identity and Agent infrastructure project Billions has released its latest strategic roadmap, announcing that it will focus on advancing Agent business and Agent payment-related infrastructure development, driving AI Agents to evolve from information processing tools to active participants in economic activities. Billions stated that as Agents begin to independently complete service calls, payment settlements, product purchases, and task executions, AI is gradually entering the Agent Economy era. In the future, Agents will need not only identity and permission management capabilities, but also the ability to participate in real business activities and value exchanges. Currently, Billions has launched payment-related components based on the x402 protocol, including Agent Skill, server-side extensions, and an SDK. The team stated that they will continue to expand product capabilities around Agent authentication, authorization management, payment execution, and commercial collaboration scenarios, building an infrastructure network oriented towards the Agent Economy. Billions believes that automated value exchanges between Agents, and between Agents and services, will become the next stage of AI development, and that Agent business networks are expected to become an important component of the future digital economy.
13:33
Investors of Ramaco Resources Inc. senior notes may be eligible to recover part of their investment losses.
This situation has drawn close attention from the market to the relevant securities.
13:32
Arkham: Crypto KOL Andrew Tate suffers 8 liquidations in 24 hours
According to Odaily, Arkham monitoring revealed that crypto KOL and Instagram influencer Andrew Tate had his trading account on Hyperliquid forcibly liquidated eight times in the past 24 hours. Data shows that after Andrew Tate deposited $100,000 into the account, he established a Bitcoin long position of approximately $3.8 million and a Bitcoin short position of about $1 million, creating a high-leverage hedged strategy. However, due to significant Bitcoin price fluctuations, market movements repeatedly deviated from his positions, leading to continuous liquidations.
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