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Bitcoin (BTC) Price Drops to $42K as US Fed Keeps Interest Rates at 23-Yeah High (Market Watch)
Bitcoin (BTC) Price Drops to $42K as US Fed Keeps Interest Rates at 23-Yeah High (Market Watch)

Many of the altcoins have remained in the red within the past 24 hours as well.

Cryptopotato·2024/02/01 10:04
Bitcoin (BTC) Volatility, Solana (SOL) Price Predictions, Shiba Inu (SHIB) Developments: Bits Recap Feb 1
Bitcoin (BTC) Volatility, Solana (SOL) Price Predictions, Shiba Inu (SHIB) Developments: Bits Recap Feb 1

BTC’s price eventually stopped around $42K, SOL became the subject of bullish predictions, while SHIB’s burn rate kept making the headlines.

Cryptopotato·2024/02/01 10:04
Google allows spot Bitcoin ETF ads; BlackRock, VanEck among sponsored links
Google allows spot Bitcoin ETF ads; BlackRock, VanEck among sponsored links

The search company has once again rolled back its restrictive ad policies.

Crypto Slate·2024/02/01 05:02
Solana blockchain transactions almost double minutes into Jupiter airdrop
Solana blockchain transactions almost double minutes into Jupiter airdrop

The airdrop will allocate 1 billion JUP tokens to community members

Blockworks·2024/02/01 02:10
No bull: Bitcoin has been in a kangaroo market for nearly a whole year
No bull: Bitcoin has been in a kangaroo market for nearly a whole year

Bitcoin right now feels like a kangaroo, hopping up and down, wanting to start the bull market again

Blockworks·2024/02/01 01:58
Fed holds interest rates, Powell says sticky inflation would delay future cuts
Fed holds interest rates, Powell says sticky inflation would delay future cuts

The Fed opts to hold rates for a fourth consecutive time, citing high job openings and slightly improving inflation

Blockworks·2024/02/01 01:33
Flash
09:36
Invesco Nasdaq Technology ETF: Secondary market price premium, trading resumes after suspension on June 16
Golden Ten Data reported on June 15 that the Invesco Nasdaq Tech ETF announced that recently the fund’s secondary market trading price has been significantly higher than its indicative net asset value per share, resulting in a substantial premium. On June 15, 2026, the closing price was 2.740 yuan, while the closing indicative net asset value per fund share was 2.2292 yuan. To protect investors’ interests, the fund will be suspended from trading from the opening on June 16 and will resume at 10:30 (UTC+8). Redemption operations will continue as usual during the suspension. If the premium does not effectively decrease on June 16, the fund reserves the right to implement further suspension measures.
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.
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