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Significant overnight developments on 7th October
金色财经·2024/10/07 02:33

Powell states he is not rushing to reduce interest rates swiftly, dampening expectations of a significant rate cut
Powell stated that if the economy progresses as anticipated, there will be two additional rate cuts this year amounting to a total of 50 basis points.
Jin10·2024/10/01 05:52



Chances of a Q4 crypto rally 'exceptionally high,' driven by BTC $65K breakout
According to a crypto analyst, Bitcoin's rise beyond $65,000 has sparked FOMO in the altcoin market.
Cointelegraph·2024/09/27 09:16

Daily BTC Market Briefing | Explore the Future of Crypto and Seize Market Opportunities
3Friends·2024/09/26 06:11

CeDeFi pioneer Unizen token may see a 669% increase
远山洞见·2024/09/26 06:05

Renowned Analyst CryptoChan: Bitcoin Five-Line Chart Upgraded Again, Top Forecast Impact 140,000 Dollars
CryptoChan·2024/09/25 06:46


Daily BTC Market Briefing | Explore the Future of Crypto and Seize Market Opportunities
3Friends·2024/09/25 06:37
Flash
- 04:11Bitwise analyst: Questions remain about the rights and benefits of ICO platform token holders on a certain exchangeAccording to Jinse Finance, Bitwise research analyst Danny Nelson posted on X, stating that an exchange's ICO platform has "solved" many of the common participation barriers in token issuance. The platform has also added parameters to curb short-term speculators. However, regarding the more fundamental issue faced by tokens—namely, how to ensure these assets grant holders corresponding rights and returns—the platform has done little to address it.
- 04:06CryptoQuant CEO: If the fee switch is activated, $500 million worth of UNI will be burned annuallyChainCatcher News, CryptoQuant CEO Ki Young Ju stated that if the fee switch mechanism is activated, the price of Uniswap could rise parabolically. Even considering only v2 and v3, the protocol's trading volume has reached 1 trillion USD since the beginning of the year. If the trading volume remains unchanged, approximately 500 million USD worth of UNI would be burned annually. The trading platform only holds 830 million USD worth of UNI, so even with unlocks, a supply shock seems inevitable.
- 04:03Midday Key Developments on November 117:00 (UTC+8) - 12:00 (UTC+8) Keywords: CleanSpark, Uniswap, Vitalik 1. Bitcoin mining company CleanSpark plans to issue $1 billion in convertible bonds; 2. After Uniswap's fee adjustment, approximately $38 million worth of UNI can be repurchased within 30 days; 3. Bitdeer reported a net loss of $266 million in the third quarter, with its stock price plummeting by 20%; 4. Vitalik: ZK cannot provide coercion resistance and needs to be combined with FHE and other technologies; 5. Uniswap proposal: activate the protocol fee switch and use the fees to burn UNI; 6. U.S. President Trump: If the Supreme Court rules tariffs invalid, I will find a way; 7. The U.S. House of Representatives may vote as early as Wednesday on a bill to "approve ending the government shutdown."