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1Bitget Daily Digest (January 20) | Following $TRUMP, First Lady launches $MELANIA; Bitget market growth ranks first2Donald Trump takes credit for surging stock market and bitcoin all-time highs: 'The Trump effect'3Trump's inauguration will begin at 9:30 a.m. EST on January 20
Bitcoin mining difficulty dropped 5.6% to 83.15 T, the biggest drop since December 2022
BTC.com·2024/05/09 11:44
Western Bitcoin Layer2 welcomes a financing boom. Learn about the progress of 5 early projects in one article.
Can the Bitcoin Layer2 landscape be rewritten?
Chaincatcher·2024/05/09 11:07
Ethereum’s ETH Reacts to Foundation Sales Amid Potential Rebound
Coinedition·2024/05/09 10:25
Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize.
Cointelegraph·2024/05/09 09:16
Bitcoin Price Dumps Toward $61K, Toncoin Explodes 7% to $6 (Market Watch)
The total crypto market cap is below $2.4 trillion as it lost more than $170 billion in a few days.
Cryptopotato·2024/05/09 09:13
The transaction volume of 6 Hong Kong virtual asset ETFs today was HK$19.1291 million
Cointime·2024/05/09 08:31
Only one spot bitcoin ETF recorded inflows yesterday
Only the Bitwise Bitcoin ETF recorded net inflows yesterday, according to data from SoSo Value.Grayscale’s converted Bitcoin Trust experienced no net outflows.
The Block·2024/05/09 08:16
SBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokens
SBI Digital Asset Holdings and Chiliz plan to set up a joint venture in Japan.The collaboration aims to induce Japanese sports fans into the global token-based community.
The Block·2024/05/09 08:16
Polkadot Completes Major Upgrade, Implements Asynchronous Backing
Cryptodaily·2024/05/09 08:07
Flash
- 10:43Market indicators suggest an increase in selling pressure for TRUMP coinAccording to CoinDesk, Trump's TRUMP token has recently stirred up waves in the crypto market. However, despite its futures market's open contracts increasing by 6% within the past 24 hours, a key derivatives market indicator is sending bearish signals. The Cumulative Volume Delta (CVD) of TRUMP perpetual futures shows that the gap between buying and selling volumes has dropped by more than 1%, implying an increase in selling pressure. This means traders are either choosing to short or close out long positions. In addition, the funding rate of the market has overheated, with investors holding long positions needing to pay an annualized funding cost exceeding 170%. If price momentum stalls, long positions may face liquidation pressure leading to deeper price corrections.
- 10:42Wall Street Journal: Trump will call for a "Common Sense Revolution" in his inaugural speechAccording to The Wall Street Journal, Trump will call for a "common sense revolution" in his inaugural speech.
- 10:42Solana experienced network congestion this afternoon, with a peak period of over 30 minutes without reporting any transactionsPossibly affected by the ongoing popularity of TRUMP coin, the Solana chain experienced network congestion today, with a peak period of over 30 minutes without reporting any transactions. It has now returned to normal.