Category

BTC Price Surges Post-Fed Rate Cut, But FOMO Signals Potential Pullback?Following the Federal Reserve's announcement of a rate cut, Bitcoin's price rallied significantly, hitting a three-week high. However, the momentum has since calmed down, with the price starting to pull back

Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term TrendLast night's Non-Farm Payroll data came in below expectations, indicating a less-than-stellar US economy. This increases the likelihood of a rate cut, which is generally positive for the financial markets

Ethereum Foundation Needs to Reposition, DCinvestor Calls for Focus on Programmable Money and Censorship ResistanceDCinvestor, a management consultant and Ethereum investor, recently took to Twitter to call for a repositioning of the Ethereum Foundation (EF). He argues that the EF should publicly emphasize ETH as a programmable money, with censorship resistance as the core value proposition of the technology

Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment RemainsEthereum [ETH] experienced a rapid surge last week, sparking anticipation among investors and traders for a bullish run. However, the price failed to sustain the gains, and the initial optimism quickly faded, leading to a cautious market sentiment

Elon Musk "Willing to Serve": Dogecoin (DOGE) Jumps Nearly 6% on Tech Mogul's PostElon Musk has once again stirred the price of Dogecoin (DOGE). The SpaceX CEO's recent social media post humorously proposing to serve as the "DOGE" in a Trump administration led to a near 6% surge in the memecoin's price

Whale Makes Massive Transfer! $1 Million ETH Purchased at a Low Price, $154 Million Deposited to OKX RecentlyLookonchain monitoring data reveals that a whale acquired $1 million worth of ETH during the Ethereum ICO at a price of $0.31

Bitcoin Spot ETFs Continue to Attract Investment: Institutional Investors Increase Exposure, Morgan Stanley Becomes First Wall Street Bank to Recommend ThemThe second quarter of this year witnessed a surge of capital flowing into Bitcoin spot ETFs, which debuted in January, as more traditional investors embrace the asset class. This trend is evident in the latest data from regulatory filings, revealing increased participation from hedge funds, pension funds, and banks

Morgan Stanley's Second-Quarter Holdings Exposed: Increased Stakes in Apple and Microsoft, New Position in Bitcoin ETFMorgan Stanley recently filed its Form 13F with the Securities and Exchange Commission (SEC), disclosing its holdings as of June 30, 2024. The report shows that the fund's total market value of holdings was $1

Whale Deposits Massive ETH to OKX: $154 Million InflowData from Lookonchain shows that a whale who acquired $1 million worth of ETH at $0.31 during the Ethereum ICO deposited another 5,000 ETH ($13

Bitcoin Market Experiences Wild Fluctuations: CPI Data Positive, But Rebound WeakThe Bitcoin market saw significant volatility on Wednesday. After a rebound yesterday, the price fell back to around the $61,000 level in the early morning and continued to fluctuate within that range, failing to show a strong further rebound

Fed to Release CPI Data Tonight, Accumulate Positions Before August 20th, Bull Market in the Second Half is Imminent!The Federal Reserve will release July CPI data at 8:30 PM tonight, which will directly impact market expectations for a September interest rate cut and have a significant impact on the crypto market. The market currently lacks liquidity, and hot topics can be manipulated

Grayscale Fund Holdings Update: Bitcoin Holdings Slightly Decline, Ethereum Holdings Stable, Institutional Confidence Possibly UnfazedGrayscale Investments updated its holdings data for its Bitcoin and Ethereum-related funds on August 12th. Data shows that the Grayscale Bitcoin Trust (GBTC) holdings decreased to 232,333