Markets
The latest price moves in crypto markets in context for Dec. 19, 2023.
Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
Don't ready too much into the move, said one observer, calling it a typical position reset.
The latest price moves in crypto markets in context for August 24, 2023.
Both tokens rose 3%, bitcoin and ether added as much as 1.2% and bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.
Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.
Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next.
Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound.
- 04:16Sui Network TVL Reaches $2.09 Billion, Setting a New RecordAccording to DefiLlama data, the Sui network's TVL reached $2.09 billion, setting a new all-time high, with the previous peak being $2.083 billion in January this year. The network's TVL increased by 22.4% over the past week, with the top three protocols being Suilend Protocol, NAVI Protocol, and Cetus.
- 04:15Overview of Important Developments on May 11th at Noon1. The Chairman of the US SEC will deliver a speech on asset tokenization on the 12th 2. Forbes: Despite being controversial, meme coins can still promote healthier development of the crypto market 3. Abraxas Capital continues to accumulate ETH, withdrawing 185,309 ETH from CEX in the past 3 days 4. Ethereum's market value surpasses $300 billion, ranking 39th among global assets, ahead of Coca-Cola and Alibaba 5. Former UFC champion Conor McGregor proposes establishing an Irish Bitcoin reserve, focusing on crypto policies during his presidential campaign
- 04:15Trump: Will Significantly Increase Trade with India and PakistanU.S. President Trump stated that trade with India and Pakistan will be significantly increased.