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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

JPMorgan analysts identify key catalysts shaping crypto's near-term outlook
JPMorgan analysts identify key catalysts shaping crypto's near-term outlook

JPMorgan analysts identified key catalysts likely to shape the cryptocurrency market in the coming months, including the seasonal “Uptober” trend, Federal Reserve interest rate cuts, and the Ethereum “Pectra” upgrade.However, they added that although historical trends and structural developments offer potential, the market remains sensitive to macroeconomic factors, awaiting a clearer catalyst for sustained growth.

The Block·2024/10/07 15:36
Telegram to let Users Convert Digital Gifts into NFTs by 2024
Telegram to let Users Convert Digital Gifts into NFTs by 2024

The Gifts feature, introduced on October 5, 2024, allows users to send animated digital artworks with personalized messages to their contacts.

Cryptotimes·2024/10/07 13:51
Flash
  • 01:42
    Metaplanet CEO: Company Stock Heavily Shorted, but This Strategy May Not Succeed
    According to a report by Jinse Finance, Simon Gerovich, CEO of the Japanese listed company Metaplanet, which adopts a Bitcoin treasury strategy, stated on the X platform that the company's stock might be the most shorted among Japanese listed companies. However, this strategy may not succeed. Do short sellers really believe that shorting Bitcoin is a successful strategy? Trading data shows that yesterday, Metaplanet's over-the-counter trading volume ranked third among 12,000 companies, and its trading volume ranked fourth. As of now, the company's Bitcoin holdings have reached 7,800 coins, valued at approximately $833 million.
  • 01:39
    Data: Polymarket Market Predicts 65% Probability of BTC Reaching $110,000 This Month
    According to ChainCatcher, data from Polymarket's official website shows that the probability of BTC reaching $110,000 this month has risen to 65%, and the probability of reaching $115,000 has risen to 29%. The current trading volume of this prediction market is $17.76 million.
  • 01:38
    A new wallet withdraws $8.67 million worth of MKR from FalconX
    According to a report by Jinse Finance, monitored by on-chain analyst Onchain Lens, a newly created wallet address has withdrawn 5,032 MKR tokens from cryptocurrency broker FalconX, valued at approximately $8.67 million at the current price.
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