Most meme coins, including Dogecoin, are seeing a week of red. Dogecoin currently has a 2% gain and could resume buying if there’s a consistent increase in the daily volume.…
On October 10, Glassnode analysts expressed that despite fluctuations in Bitcoin prices, the recent market activity demonstrates resilience. They noted that declines in this bull cycle have been relatively small…
According to BlockBeats news, on October 9, the US dollar rose before the release of the Federal Reserve meeting minutes. The Federal Reserve cut interest rates by 50 basis points…
According to an article on BlockBeats news, on October 7, leading cryptocurrency expert Ignas pointed out that there are currently more EIGEN tokens pledged than there are in circulation. The…
BlockBeats News reported on October 7th that converting the stablecoin USDT into stocks may come with a 3-5% cost, but the potential 50-70% upside of investing in Chinese stocks is…
Hey there! So, I just read on BlockBeats news that on October 6, the official Twitter account of the data analysis agency Spot On Chain was suspected to have been…
Hackers are targeting Ethereum re-staking projects, exploiting vulnerabilities that allow them to steal ETH derivatives with just one signature, according to recent analysis. On September 28, BlockBeats reported that 0xAA,…
The Bitcoin ecosystem has recently shown a significant accumulation trend, with the net accumulation of BTC in September reaching 88,000, the highest level since the fourth quarter of 2024. Retail…
New Report Finds Chinese Central Bank's Balance Sheet Drives Positive Bitcoin Price Correlation. Chinese Economic Stimulus May Benefit Bitcoin Indirectly, Asserts CoinDesk Report.
Intro: The Federal Reserve's decision to reduce the benchmark interest rate by 50 basis points faced mixed opinions from its officials. However, the majority prevailed and Powell's choice was supported,…
The amount of ETH destroyed in the last week increased by 163% monthly, according to Lookonchain data. This surge in ETH destruction parallels price rises in both January and October…
According to BlockBeats, the Korean Bitcoin Premium Index turned negative on September 25, signaling a shift in investor behavior. As the index fell to -0.55, the largest discount since October…
In late September, CryptoQuant attributed a nearly 8% Bitcoin spike to the Federal Reserve's interest rate cut. The "profit supply" indicator broke the 365-day moving average, signalling potential future gains.…
If plans go smoothly, US inflation will eventually stabilize at the Fed's target level by the end of next year or early 2026, according to NerdWallet's senior economist Elizabeth Lunt,…
BlockBeats news, September 21, according to CoinDesk, the difference between the price of Bitcoin and its hash rate or the total computing power of the network may lead to an…
According to BlockBeats, on September 19, the “Token Security API” service and transaction simulation API of Web3 network security company GoPlus have added support for the Solana network, which can…
BlockBeats reported that on September 15, according to Cointelegraph, Michael van de Poppe, founder of MN Trading, said, “Driven by debt refinancing, global liquidity is about to surge, which may…
According to BlockBeats, Bitcoin could potentially rebound and reach $92,000 after retesting a key support level on the weekly chart. Historical charts indicate a three-month rally for Bitcoin, with average…
June of this year, during a downturn in the market, the spotlight was put on "VC coins" as the alleged cause of the market's decline. Following this, Binance halted Launchpool…
Federal Reserve Rate Cut: Economist Predicts “Sell-the-News” Event for Risky Assets
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September 13, 2024 0
Johns Hopkins University economist Steve Hanke warns that the Federal Reserve's possible 25 basis point interest rate cut could lead to a "sell-the-news" event for risky assets. He believes that…
“U.S. CPI at 2.5% Year-on-Year in August, Core Inflation at 3.2%, Supports Fed’s Rate Cut”
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September 11, 2024 0
Informa Global Markets reported that the U.S. CPI slowed to 2.5% year-on-year in August, in line with expectations and the lowest level since February 2021. The annual rate of core…
Gold Outshines Bitcoin in Risk-Averse Environment
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September 11, 2024 0
Investors Favor Gold Over Bitcoin in Risk-averse Environment: CryptoQuant data reveals a significant decline in Bitcoin's correlation with gold amid surging gold prices and bitcoin's 20% dip from its all-time…
Analysis: Inflation continued to slow in August, and the crypto market still has a lot of room to rise
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September 11, 2024 0
According to BlockBeats, on September 12, the annualized overall inflation rate growth in August fell from 2.9% in July to 2.5%. This is the lowest level since the growth of…
According to BlockBeats, data compiled by Bloomberg on September 9 showed that investors withdrew a total of nearly $1.2 billion from 12 Bitcoin spot ETFs in the eight days ending…
According to BlockBeats, on September 9, according to Unisat Explorer data, the total computing power of the current Fractal mainnet merged mining and permissionless mining has exceeded 50EH/s, or 50,000PH/s.…