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1Bitget Daily Digest (May 7)|New Hampshire Passes Strategic Bitcoin Reserve Bill; FOMC Decision & Powell’s Speech May Act as Catalysts2Bitcoin hits $97K as China injects $138B and Fed ramps bond purchases3SUI Cryptocurrency Surpasses Expectations and Challenges Cardano in Layer 1 Blockchain Competition

How Low Can Bitcoin Go After Slipping Below $60K Today?
The popular AI chatbot warned that BTC could slump to the mid-$40,000 range.
Cryptopotato·2024/08/03 16:00

Can Bitcoin (BTC) Hit $100,000 if the Russia-Ukraine War Ends
Here’s what may happen to BTC’s price if Russia and Ukraine declare a truce (according to ChatGPT).
Cryptopotato·2024/08/03 16:00

Stablecoin Market Cap Hits $164B, Extending 10-Month Growth Streak: CCData
Circle’s USD Coin (USDC) saw a surge in July trading volume due to increased market funds and new European digital asset regulations.
Cryptopotato·2024/08/03 16:00

Ripple Price Analysis: Here’s Why XRP is Plunging Toward $0.5 and What to Expect Next
Cryptopotato·2024/08/03 16:00

Bitcoin Dropping Below 50,000? Weak Data This Week Rekindles Fears
Institutional Crypto Research Written by Experts
10xResearch·2024/08/03 15:45

Significant Outflows Hit Grayscale Ethereum Trust Amid Mixed ETF Performance
Cryptodnes·2024/08/03 14:18
BTC price slumps to $62K as Bitcoin bulls bet on M2 money supply
Cointelegraph·2024/08/03 13:30

Ethereum Inflation Rises as Layer 2 Usage Grows
Cryptodnes·2024/08/03 11:30

Vitalik Buterin Shared New Guidance for Ethereum Developers
Cryptodnes·2024/08/03 08:33
Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends
Cointelegraph·2024/08/03 08:18
Flash
- 15:21Gnosis Chain: xDAI Bridge to Adopt USDS as Default Token on Ethereum Chain, Migration Effective June 8ChainCatcher reports that Gnosis Chain announced on platform X that third-party applications need to take action as the xDAI bridge contract is undergoing a critical upgrade: on Ethereum, DAI will be replaced by USDS as the default accepted token, while xDAI will continue to be minted on Gnosis Chain. Third-party applications must complete integration with the new Bridge Router contract on Ethereum by June 8, 2025.
- 15:20Arizona Senate Approves Bitcoin Reserve Bill SB 1373 and Sends it to the GovernorAccording to a report by Jinse Finance, as reported by Bitcoin News, the Arizona Senate has approved the Bitcoin Reserve Bill SB 1373 and sent it to Governor Katie Hobbs for a final decision. Previously, it was reported that the Governor of Arizona vetoed the state's strategic Bitcoin Reserve Bill SB 1025.
- 15:20Data: Today's US Bitcoin ETF sees a net outflow of 132 BTC, while Ethereum ETF experiences a net outflow of 10,287 ETHAccording to Lookonchain monitoring, 10 US Bitcoin ETFs had a net outflow of 132 BTC today, with Grayscale GBTC accounting for an outflow of 181 BTC. Currently, GBTC holds 190,229 BTC, valued at $18.46 billion. 9 Ethereum ETFs experienced a net outflow of 10,287 ETH, with Fidelity accounting for an outflow of 9,991 ETH. Currently, Fidelity holds 413,405 ETH, valued at approximately $755.7 million.