News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
1Ethereum (ETH) Price Pattern Resembles Bitcoin’s Pre-Bull Run Setup — Is a Bullish Reversal Next?2Cardano Whales Offload Holdings as ADA Faces Uncertainty3AVAX and NEAR Approaches Falling Wedge Resistance – Could Breakout Spark a Recovery?
Will Blob reproduce the "Rune-Promethean nature"? | Rune + NFT Observation 0607
BlockBeats·2024/06/07 05:37
$2.2 Billion Bitcoin, Ethereum Options Expire as Key Macroeconomic Data Arrives
BeInCrypto·2024/06/07 04:55
US spot bitcoin ETFs achieve record-breaking 18-day streak of net inflows
The 11 U.S. spot bitcoin ETFs have now seen net inflows for 18 consecutive days.The funds reported a daily net inflow of $217.78 million on Thursday.
The Block·2024/06/07 04:49
Notcoin (NOT) Price Prediction 2024-2030: Will NOT Reach $0.05 Soon?
Coinedition·2024/06/07 04:49
MOTHER increased a thousand times in a week. Will Vitalik be "slapped in the face" by celebrity coins?
BlockBeats·2024/06/07 03:28
Big shorters are betting $6.9B against MicroStrategy stocks
Cointelegraph·2024/06/07 03:16
ProShares Seeks SEC Approval for Spot Ethereum ETF Listing on NYSE
BeInCrypto·2024/06/07 03:07
Ethereum ETF launch date depends on issuers, not SEC: Gensler
Cointelegraph·2024/06/07 01:34
Flash
- 07:08Data: If Bitcoin breaks through $83,000, the total liquidation strength of mainstream CEX short positions will reach 596 millionChainCatcher news, according to Coinglass data, if Bitcoin breaks through $83,000, the total liquidation strength of short positions on mainstream CEX will reach 596 million. Conversely, if Bitcoin falls below $81,000, the total liquidation strength of long positions on mainstream CEX will reach 239 million.
- 07:07Opinion: It is unlikely that inflation will drop to a level sufficient for the Federal Reserve to cut interest rates this yearChainCatcher news, according to Jinshi data reports, several Wall Street economists have stated that due to the complex calculation methods and key area trends behind the data, policy makers are likely not going to be overly comforted by these numbers. Stephen Juneau, an economist at Bank of America, said in a report: "In short, the inflation process did not start smoothly in 2025. Our forecast for Personal Consumption Expenditures (PCE) inflation further confirms our view that it is unlikely that inflation will fall enough for the Federal Reserve to cut interest rates this year, especially under circumstances where policy changes push up inflation. Unless economic activity data significantly weakens, we believe that policy rates will remain unchanged before the end of the year." Although the Federal Reserve also pays attention to CPI and PPI, it believes that PCE price index has final say on matters regarding inflation. Most economists believe that later this month when new PCE data is released it will show at most a steady annualized rate of 2.6%, or even possibly slightly rising further away from Fed's target of 2%.
- 07:04Analyst: Historical data shows that venture capital favors AI over cryptocurrencyIn a message from ChainCatcher, CoinDesk analyst Sam Reynolds stated that according to Pitchbook data, venture capital financing in the US crypto sector was about $861 million in Q1 2025, while the AI industry attracted nearly $20 billion. The flow of funds still significantly favors artificial intelligence. Large-scale financing in the AI field includes: Databricks at $15.3 billion and Anthropic at $2 billion, totaling 795 transactions. The largest funding in the crypto industry was Abu Dhabi's MGX investing $2 billion into exchanges; other financings include Mesh with $82 million, Bitwise with $70 million, and Sygnum Bank with $58 million. Historical data shows that AI financing grew from $670 million in 2011 to $36 billion in 2020, growing much faster than the crypto sector overall. Only due to classification adjustments did crypto financing briefly surpass AI in 2021. Despite AI funds dominating, the crypto industry still obtains funds through unique mechanisms such as airdrops; for example, eleven major airdrops between 2020-2024 collectively generated seven billion dollars. According to Statista data, all historical data shows that venture capital generally leans more towards Artificial Intelligence (AI) rather than cryptocurrency; funds attracted by artificial intelligence and machine learning continue to grow exponentially - increasing from USD$670milion in 2011 up until USD$36billion by year-end of 2020.