top of page

Daily #Web3 Market

13 Jun 2024:


Bitcoin’s liquid supply decreasing while illiquid confidence grows

Bitcoin’s liquid and illiquid supplies are useful metrics for understanding market trends. Liquid supply refers to the amount of Bitcoin readily available for trading, while illiquid supply denotes Bitcoin held in wallets with low transaction frequency. Read more


Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains

The Federal Reserve held its policy steady, indicating just one rate cut this year. Bitcoin, which had seen gains during the session, gave them up following the announcement. Read more


Fringe to Forefront: the Institutional Embrace of Digital Assets

Bitcoin and other major digital assets are increasingly embraced by institutional investors seeking growth and diversification, highlighting a significant shift in the financial landscape. Read more


What ETF Approval Could Mean for Ethereum

The SEC's recent decisions could significantly impact Ethereum, setting it up for success in new markets and increasing its adoption. Read more


Bitcoin Miners Cash in on BTC Rally as Crypto Exchange Transfers Hit Two-Month High

Transfers from Bitcoin mining pools to exchanges reached a two-month high as BTC hovered around its local high of $70,000. Read more


U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

Stubbornly high inflation readings in the past months had curbed rate cut expectations, impacting asset prices, but the latest data shows CPI was flat in May, boosting Bitcoin. Read more


First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows

The latest price moves in Bitcoin and crypto markets are contextualized for June 12, highlighting the stabilization of Bitcoin amid further ETF outflows. Read more


Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says

Crypto and AI industries could collectively add $20 trillion to global GDP by 2030, according to a report by Bitwise. Read more


U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses

Bitcoin has come under pressure ahead of key events that could influence Federal Reserve rate cut expectations. Read more


Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

Bitcoin ETFs saw $200 million in net outflows amid jitters over Federal Reserve policy and CPI data. Read more


Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA'

Trump expressed his desire for all remaining Bitcoin to be mined in the USA during a meeting with executives from CleanSpark Inc. and Riot Platforms. Read more


Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’

A pseudonymous analyst predicts Bitcoin will surge 25% above current all-time highs despite the Federal Reserve's hawkish stance. Read more


Bitcoin miners rise 10% after Trump promises to back US miners

Following Trump's pledge to support US Bitcoin miners, shares of companies like TeraWulf, Hut 8 Mining, and Core Scientific rose by 10%. Read more


Blockchain thriving among Fortune 500 companies, but US lags — Coinbase

Coinbase’s report indicates that while Fortune 500 companies are increasingly adopting blockchain technology, the US is lagging in blockchain talent. Read more


Why is Solana (SOL) price up today?

SOL’s value increased due to high network activity and strong performance of Solana-based memecoins. Read more


Here’s what happened in crypto today

Catch up on the latest news and trends in crypto, including updates on Bitcoin price, blockchain, DeFi, NFTs, and regulation. Read more


BTC reclaims $69K, derivatives signal additional upside

Bitcoin futures and options markets indicate bullish sentiment as BTC reclaims $69,000. Read more


Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?

Short-term holder realized price rose to $63,729, suggesting Bitcoin might break $70,000 soon. Read more


Why is Bitcoin price up today?

Bitcoin price is responding positively to a soft CPI print, hitting an intra-day high above $70,000. Read more


BTC price shoots up $1.5K in seconds as US CPI shows inflation slowing

Bitcoin’s price surged by $1.5K following a positive CPI print indicating slowing inflation. Read more


Citron no longer short on GME, cites ‘market’s irrationality’

Citron Research announced it is no longer shorting GameStop, citing market irrationality as GME stock rose above $30. Read more

1 view0 comments

Recent Posts

See All

Daily #Web3 Market

19 Jul 2024 Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies Bitcoin prices are dropping towards $63,000 as speculation mounts about President Joe Biden potentially dropping

Daily #Web3 Market

18 Jul 2024 In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms Spot ether exchange-traded fund (ETF) issuers have submitted their final documents needed in ord

Daily #Web3 Market

17 Jul 2024 Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally Bitcoin has reached $65,000, overcoming concerns about the Mt. Gox payout. XRP has been leading the crypto mark

Commentaires


bottom of page