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1Bitget Daily Digest (January 20) | Following $TRUMP, First Lady launches $MELANIA; Bitget market growth ranks first2Bernstein says some may cringe, but Trump memecoin is a 'paradigm shift' in US crypto approach3Trump's inauguration will begin at 9:30 a.m. EST on January 20
Recent Events Analysis of Ethereum: Impact of Hong Kong Cryptocurrency ETF, Prospects of US ETH ETF, and Whether ETH Will Be Classified as a Security?
Compared to Bitcoin ETFs, the outlook for Ethereum ETFs is not as optimistic.
PANews·2024/05/11 03:37
Bitcoin Magazine: Wells Fargo holds Grayscale GBTC position
Cointime·2024/05/11 03:25
GSR address deposits 500,000 RNDR into CEX
Cointime·2024/05/11 03:07
Detailed explanation: Notcoin: Is it a meme or a gaming platform in the TON ecosystem?
Notcoin is a click-based game that is very popular on Telegram and is based on the TON blockchain. Its appeal lies in its simple gameplay mechanics and the promise of actual cryptocurrency rewards.
Chaincatcher·2024/05/11 02:43
Mark Cuban slams SEC's Gary Gensler, says 'crypto voters will be heard' in the 2024 election
For billionaire Mark Cuban, how cryptocurrency has been regulated will impact voters in the 2024 presidential election. Cuban also noted that “crypto is a mainstay with younger and independent voters.”
The Block·2024/05/10 22:22
ARK Invest and 21 Shares cut staking component from latest spot Ethereum ETF filing
ArkInvest/21 Shares included a staking component in a previous filing, but that appeared to have been removed in an amended filing posted on Friday.
The Block·2024/05/10 22:22
Bitcoin price flash crash raises chance of BTC dip to $54K
Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations.
Cointelegraph·2024/05/10 19:10
Bitcoin options traders bet price could surpass all-time high by end of June, analyst says
Bitcoin call open interest is concentrated at $75,000 for the end of June expiry, YouHodler Chief of Markets Ruslan Lienkha says.
The Block·2024/05/10 15:46
IBIT and FBTC ETFs hit $10 Billion AUM in weeks, smashing previous record of three years: analyst
JEPQ previously held the record for the fastest exchange-traded fund, reaching $10 billion in assets under management (AUM) in 647 trading days, taking around three years.BlackRock’s IBIT and Fidelity’s FBTC passed $10 billion AUM in 49 and 77 trading days, respectively.
The Block·2024/05/10 15:46
Flash
- 21:45Arthur Hayes: I Don't Think Trump Will Embark on Building a Bitcoin ReserveGolden Finance reports that BitMex co-founder and former CEO Arthur Hayes said, “I don't think Trump is going to embark on building a bitcoin reserve. At the end of the day, I don't see the point of borrowing money to buy bitcoin on any of Trump's platforms.” He said, “You had so much borrowing power before you destroyed the bond market. Would you borrow money to buy bitcoin? Would you borrow money to provide health care for seniors who voted for you, or to build more bombs so the defense lobby likes you? You can borrow money for a lot of different things. I just don't think he would spend it on bitcoin. While Bitcoin proponents think Bitcoin is important, there are a lot of other stakeholders who want borrowed money in their pockets.” Regarding the implementation of a bitcoin reserve, Hayes said “I hope I'm wrong.” However, he noted that there is limited time before the midterm elections, which could limit the ability to implement major policy changes, and that there are many other things to allocate time and budget for.
- 21:44ARB price reaches $0.7204 per coin, up 3.54% on the dayArbitrum today's market news, ARB latest price: $0.7204, down -7.439% in 24 hours, trading volume $1.084 billion The results of the k-chart analysis show that it is currently in a downtrend. It is slightly up compared to 17:00, slightly down compared to 16:00 and down from 09:00. When both price and volume fall, it usually means that the market is less active, with both buyers and sellers inactive.The market may be in a wait-and-see mode, waiting for new drivers to emerge. In this case, prices may continue to slump or move sideways in the future until new market news or events break the stalemate. Investors should pay close attention to market changes and events that may trigger market fluctuations.Trading volume is down, prices are falling and the market is cold. Judging by the Williams indicator, it is currently not overbought or oversold. The volume of trading has decreased recently, the volume of trading is lower than in the previous hours, the price and the volume of trading decreased at the same time: the market is cold and trading is not active. The market is cold but the price is rising, there may be new factors driving it, we suggest to continue to wait and see and pay attention to the subsequent market changes. The above is for reference only and does not constitute investment advice.
- 21:42FIL price reaches $5.169 per coin, up 2.03% on the dayFilecoin real-time price quotes, FIL's latest price reached $5.169 today, up 2.03%, with a trading volume of $741 million By studying the k-chart, it is now in an oscillating trend. It is more sharply up compared to 17:00 and down from 09:00. When the price is falling and the trading volume is rising, it usually means that there is increased selling pressure in the market and sellers are selling aggressively.This can happen because the market becomes pessimistic in its expectations of future prices or is affected by some negative news that leads to panic selling. Prices may continue to fall in the future as selling pressure is high and market sentiment is pessimistic.Investors should be wary of prices breaking below key support levels, which, if breached, could trigger a sharper decline. In an oscillator trend, the trading volume increases and the price decreases. According to the Williams Indicator it is not overbought or oversold.Recently trading volume has increased, trading volume is higher than in the previous hours, price is falling, trading volume is rising: selling pressure is increasing.Despite the rise, selling pressure is still increasing, so it is recommended to remain on the sidelines and pay attention to key support levels. The above is for reference only and does not constitute investment advice.