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Bitcoin holds above $59,000 as short liquidations spike
Bitcoin holds above $59,000 as short liquidations spike

Bitcoin short liquidations spiked over $24 million in the past 24 hours as the price held above the $59,000 mark.Technical and fundamental bitcoin chart indicators show optimistic signs for the crypto market moving into the month of May, an analyst said.

The Block·2024/05/03 10:40
BitMEX co-founder Arthur Hayes believes Bitcoin may rally back toward $70,000 amid 'stealth money printing'
BitMEX co-founder Arthur Hayes believes Bitcoin may rally back toward $70,000 amid 'stealth money printing'

After hitting a low under $57,000 earlier this week, BitMEX co-founder Arthur Hayes expects bitcoin to rally back to the $60,000 to $70,000 range.Hayes argues that recent policy announcements from the U.S. Federal Reserve and Treasury Department amount to “stealth forms of money printing” that will begin a slow grind higher for the crypto market.

The Block·2024/05/03 10:40
Hong Kong’s spot ETFs experience decline in bitcoin inflows on second trading day
Hong Kong’s spot ETFs experience decline in bitcoin inflows on second trading day

Hong Kong’s three spot bitcoin ETFs have seen a decline in daily BTC inflows.Inflows reduced to 174.73 bitcoin on the second day from 3,910 bitcoin on the opening day.Total trading volume maintained at over $9.7 million on both days.

The Block·2024/05/03 10:04
Bitcoin (BTC) Price Eyes $60K, Toncoin (TON) Soars 12% Daily (Market Watch)
Bitcoin (BTC) Price Eyes $60K, Toncoin (TON) Soars 12% Daily (Market Watch)

TON is among the most notable gainers in the past 24 hours.

Cryptopotato·2024/05/03 08:52
Important Ripple v. SEC Lawsuit Update: Here’s How the Trial’s Going
Important Ripple v. SEC Lawsuit Update: Here’s How the Trial’s Going

Check out the latest development on the Ripple v SEC lawsuit.

Cryptopotato·2024/05/03 08:52
Flash
21:16
According to the latest filing with the SEC, the special purpose acquisition company (SPAC) Bayview Acquisition Corp has taken action to further extend the deadline for completing its initial business combination.
The company announced that it has deposited $50,000 into the trust account, thereby postponing the final date to complete the key transaction to July 19, 2026. This move gives Bayview Acquisition Corp more time to seek out and finalize suitable merger targets. According to the common structure of SPACs, such deposits are typically made to fulfill charter provisions regarding extensions, aiming to create long-term value for shareholders while ensuring the company has ample opportunity to execute its business plan. This extension demonstrates that the company's management is still actively pursuing potential partnership opportunities. Market participants will continue to keep an eye on the company's subsequent merger and acquisition developments as well as any progress that could affect shareholder interests.
21:16
Match Group, Inc. shareholders recently voted not to approve the company's proposed executive compensation plan for the fiscal year ending December 31, 2025.
This result has been officially disclosed through documents submitted to the US Securities and Exchange Commission (SEC). Such “say-on-pay” votes are usually non-binding, but are considered a key indicator of shareholder sentiment. The voting results reflect that investors may have concerns about the company’s management compensation structure, or may hold different views regarding its correlation with the company’s performance.As a globally renowned online dating service provider, Match Group owns several popular apps including Tinder and Hinge. Executive compensation issues have always been a focus of investor attention, especially as the technology industry faces growth challenges and changing market conditions. This voting result may prompt the company’s board of directors and compensation committee to re-examine its executive compensation policies to better align with shareholder interests.
21:16
According to documents filed with the SEC, Ohmyhome Ltd signed an agreement on June 17 to sell all of its shares in Ohmyhome BVI to Sterling Oat for a transaction price of $1.
The document clarifies the core terms of this equity transfer, marking a structural adjustment of specific assets under the company. The transaction is completed at a symbolic price and may involve business restructuring or strategic direction changes. Investors should pay attention to subsequent announcements to understand the potential impact of this move on the overall operations and financial status of Ohmyhome Ltd.
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