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Ethereum’s price is soaring today and it managed to break above the important $2.7K level. Here’s why.
Bitcoin’s rise above $51,000 caused the liquidation of almost $70 million in short positions.In the past 24 hours, over $130 million in total cryptocurrency short positions were liquidated on centralized exchanges.
Solana's DeFi TVL is nearing the significant $2 billion milestone.
Bitcoin’s price exploded above $51K in a sudden move, leaving millions of short positions liquidated.
About 300k BTC has been sold by long-term holders since their supply peaked in November 2023, with just over half of these transactions reflecting GBTC outflow levels.
Galaxy's Steve Kurz also predicted 75% odds of approval by the end of 2024.
- 16:37Citi: Citi maintains its estimate of the Fed's rate cut this year at 125 bps.Citi reportedly maintained its estimate for the Fed's rate cuts this year at 125 basis points, and in addition, the bank expects more 25-basis-point cuts in 2025, pushing the terminal rate to a range of 3%-3.25%. Elsewhere on Wall Street, other brokers such as Macquarie and Deutsche Bank retained expectations for two more 25 basis point cuts from the Fed this year. The Morgan Stanley team, which includes economist Seth Carpenter and strategist Matthew Hornbach, said officials may opt to implement a series of regular rate cuts (25 basis points) by mid-2025, with two cuts this year and four in the first half of next year.
- 16:36NEIRO Breaks $0.001Data shows that NEIRO broke through $0.001 and is now quoted at $0.001007, up 28% in 24 hours. The market is volatile, please do risk control.
- 16:36DIA successfully upgrades 280 million pieces to USDS within 24 hours of going liveSky posted on the X-Platform that more than 280 million DIAs were successfully upgraded to USDS in the first 24 hours since going live.
