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1Bitget UEX Daily｜US-Iran Deal Reached to Reopen Strait of Hormuz; SpaceX Surges 19% on Debut with Market Cap Exceeding $2 Trillion; Strong Asia-Pacific Markets, Japan and Korea Lead Gains 2SPCX Price Prediction: World’s Biggest IPO Closed 19% Up and History Says Buyers Lose 44%3Nvidia Earnings Keep Breaking Records — So Why Is NVDA Flat?

Chainlink (LINK) Soared to 2-Year Peak as Whale Activity Surges

Increase in dormant wallet activity leads to record spike in “Age Consumed” metric.

Cryptopotato·2024/02/07 16:34

Bitcoin has '10 days max' until BTC price metric hits squeeze zone

Cointelegraph·2024/02/07 15:46

These developers are mashing ERC-20 tokens and NFTs together: Will it work?

Quick Take: A team of four have combined the ERC-20 token standard and NFTs to create a new standard of semi-fungible tokens called ERC-404. We explore how this came to be, how the project works and what’s next.

The Block·2024/02/07 15:07

Pyth Network unveils second phase of token airdrop for over 160 dapps

Pyth Network has unveiled the second phase of its retrospective token airdrop to over 160 eligible dapps.Some 100 million PYTH tokens — worth around $47 million — will be distributed to the dapps, following the 255 million PYTH allocated to DeFi users in November.

The Block·2024/02/07 15:04

Bitcoin is likely to be flat until summer — so trade bravely

The crypto market hasn't moved much since the launch of Bitcoin ETFs, and data indicates it may stay that way for the first half of 2024.

Cointelegraph·2024/02/07 14:56

Crypto market could face near-term correction as analyst says rate cut delay is still not priced in

The cryptocurrency market is poised for a near-term downside correction because the Federal Reserve’s suggested rate cut delay has yet to be priced in, according to an analyst.Bitcoin traded flat over the last 24 hours, holding above the $43,000 mark.

The Block·2024/02/07 14:29

DeFi ecosystem rebounds to 18-month high of $60 billion in assets, signaling investor confidence resurgence

DeFi TVL have increased by 68% since November 2023 thanks to the improved market conditions.

Crypto Slate·2024/02/07 13:06

Ethereum developers deploy Dencun upgrade on Holesky testnet

Quick Take: Ethereum core developers have deployed the Dencun upgrade, which incorporates proto-danksharding (EIP-4844), on the Holesky test network. The Holesky implementation marks the final Ethereum testnet upgrade before an anticipated mainnet deployment of Dencun in March.

The Block·2024/02/07 11:55

Bitcoin (BTC) Continues To Lose Out Amid Existing FUD

Coinedition·2024/02/07 10:46

Polish town adopts stablecoin for local commerce

Up to 10 local businesses will accept payment with the new token at launch

Blockworks·2024/02/07 10:32

Flash

09:36

Deutsche Bank: Aftermath of Iran War May Impact European Credit Bond Market

```htmlGolden Ten Data reported on June 15 that Deutsche Bank strategists stated European corporate bonds are susceptible to subsequent impacts from the Iran war, and both investment-grade and junk bond spreads are expected to widen by the end of the year. The credit strategy team led by Steve Caprio currently maintains an underweight position in euro-denominated credit within global asset allocation, adopting a more cautious stance compared to dollar-denominated credit. They noted that the aftermath of the Iran war is manifesting more rapidly. “Stubborn inflation, rising shipping costs, potential storage chip shortages affecting key cyclical industries, and ongoing tariff uncertainty are all negative factors, especially in Europe. At least from now until year-end, market prospects mean greater differentiation in credit performance and wider spreads.” The strategists expect euro investment-grade bond spreads to widen nearly 20 basis points to 95 basis points by the end of this year, while junk bond spreads are expected to widen 77 basis points to 345 basis points. For dollar investment-grade bonds, they forecast spreads will moderately widen by 10 basis points to 82 basis points by year-end, and junk bond spreads are expected to widen by 39 basis points.```

09:36

Bitget launches Community Product Experience Officer Program, offering cash and benefit rewards

Foresight News reported that the Bitget platform officially launched the first phase of the "Community Product Experience Officer Program" today, with the first event running until June 26. The program is open to all users, aiming to collect product feedback, feature suggestions, and bug reports in real scenarios, in order to promote optimization of the trading experience and the development of new features. Submissions will be evaluated based on product value, feasibility, and innovation, with high-quality feedback receiving priority in the product evaluation process, as well as the opportunity to participate in subsequent optimization, testing, and co-creation initiatives, including face-to-face communication with the product team.To encourage community co-creation, the event offers multiple reward mechanisms: users who submit high-quality content can receive up to 3,000 USDT in cash rewards; outstanding participants will also obtain official identity verification, fast-track promotion to the Fan Club, and long-term community co-creation benefits. In addition, users who share the event on social media platforms such as X with the hashtag #BitgetCommunityProductOfficer have a chance to receive a random cash airdrop. For event details and participation, please refer to the official Bitget platform.

09:33

The US-Iran memorandum sparks a bullish sentiment for gold, but it's just a memorandum.

The memorandum between the US and Iran has ignited bullish sentiment for gold, but it is just a memorandum.

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