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Glassnode Insights: Ethereum's Dencun Upgrade
Glassnode Insights: Ethereum's Dencun Upgrade

Glassnode insights·2024/03/19 13:01
MicroStrategy now holds over 1% of bitcoin's total supply after latest purchase
MicroStrategy now holds over 1% of bitcoin's total supply after latest purchase

MicroStrategy has purchased another 9,245 bitcoins for $623 million in cash, increasing its total bitcoin holdings to 214,246 BTC.

The Block·2024/03/19 12:47
Bitwise CIO says 'we’re probably a few weeks away' from first wirehouse to support bitcoin ETFs
Bitwise CIO says 'we’re probably a few weeks away' from first wirehouse to support bitcoin ETFs

Bitwise CIO Matt Hougan explained the importance of wirehouses supporting bitcoin ETFs for their adoption.He said the first wirehouse to support the ETFs might come in the next few weeks.

The Block·2024/03/19 11:39
Crypto Markets Lose $220 Billion in 2 Days as Bitcoin Slumps Toward $63K (Market Watch)
Crypto Markets Lose $220 Billion in 2 Days as Bitcoin Slumps Toward $63K (Market Watch)

The entire crypto landscape is well in the red, with massive losses from SOL, ADA, DOT, DOGE, and others.

Cryptopotato·2024/03/19 10:19
Bitcoin price falls below $64,000, volatility causes spike in long liquidations
Bitcoin price falls below $64,000, volatility causes spike in long liquidations

The bitcoin price has dropped by over 6% in the past 24 hours.The latest price correction has impacted long positions, with over $134 million in bitcoin longs liquidated.

The Block·2024/03/19 09:47
Slerf’s memecoin launch: ‘Mindless’ screw-up or marketing stunt?
Slerf’s memecoin launch: ‘Mindless’ screw-up or marketing stunt?

The developer behind the Slerf memecoin claims the snafu was due to a “mindless misclick,” but skeptics suggest the drama may have been a very daring marketing stunt.

Cointelegraph·2024/03/19 08:10
Flash
09:33
Samsung Electronics expects Q2 2026 revenue to reach 169.3762 trillion Korean won and operating profit to reach 85 trillion Korean won.
Samsung Electronics is expected to announce its Q2 2026 financial report on July 7. Driven by rising storage chip prices due to strong AI infrastructure demand, the market estimates that Samsung Electronics' Q2 revenue will reach approximately 169.3762 trillion KRW, with operating profit reaching about 85 trillion KRW. Meanwhile, the market is watching Samsung Electronics' HBM4, high-performance SSDs, AI server storage demand in the second half of the year, as well as progress in 2nm advanced process technology and AI chip foundry services.
09:19
Craig Shapiro: Federal Reserve Chairman Kevin Warsh remains optimistic about economic growth
Ninja Trader Live senior macro strategist Craig Shapiro stated that Federal Reserve Chairman Kevin Walsh is optimistic about economic growth and that the threshold for interest rate cuts is higher than market expectations. If the labor market deteriorates and expectations for rate cuts are postponed, this will be unfavorable for risk assets.
09:10
Alex Thorn: Strategy capital strategies can only alleviate short-term pressure and cannot solve structural problems
Galaxy Research Director Alex Thorn stated that Strategy's recent introduction of capital management reforms has alleviated market concerns about its liquidity and preferred stock system in the short term, but this move only buys time and does not fundamentally resolve the structural issues. Alex Thorn emphasized that the core issue lies in the lack of dollar liquidity sufficient to cover obligations for preferred stock and capital structure without harming the interests of all parties, resulting in various shareholder interests being squeezed, rather than whether Strategy possesses about 847,000 BTC.
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