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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 16:01
    Spot Gold Breaks Above $3,320 per Ounce, Continuing to Set a New Record High
    Jinse reported that spot gold broke above $3,320 per ounce, continuing to set a new record high with a 2.9% increase during the day.
  • 15:12
    U.S. Stock Indices Open Significantly Lower
    According to Jinse, the U.S. stock market opened with the Dow Jones dropping 0.47%, the S&P 500 falling 1.17%, and the Nasdaq declining 1.89%.
  • 15:08
    Analyst: Bitcoin's Current "Capitulation Zone" is $65,000
    Analyst James Check stated that $65,000 is the cost basis for regular investors and the true capitulation zone for Bitcoin at this stage. He noted that a $1 trillion market cap for Bitcoin (approximately $50,000 in price) should be a strong support area.James Check mentioned that the "volatile consolidation" period in 2024 lasted for several months, with Bitcoin trading between $50,000 and $70,000. It is expected that Bitcoin will sharply drop from the $65,000 region, while the $49,000 to $50,000 range will see strong support. These prices represent the launch of ETFs in 2024 and a $1 trillion market cap for Bitcoin. He stated that unless there is a global economic recession, it is unlikely that Bitcoin will fall to the low of $40,000. (CoinDesk)
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