Polymarket bettors wager $2.3M on Ethereum (ETH) hitting $5000 by August 31
Polymarket traders predict Ethereum (ETH) will reach $5000 by August 31, with current bets totaling $2.3 million. Bitcoin (BTC) and Cardano (ADA) also mentioned.
Bessent advocates 50-basis-point Fed rate cut amid 4.1% June unemployment
Treasury Secretary Bessent urges a 50-basis-point Fed rate cut amid job market weakness, with unemployment rising to 4.1% in June 2024.
XRP price hits $0.62 as active users drop 30% in Q2 2023
XRP price rose 15% to $0.62, while active users dropped 30% to 250,000, per Ripple and Santiment data, signaling divergence in market activity.
Solana tests $170 support after Alameda unstakes $35M in SOL
Solana faces a test at $170 support as Alameda unstakes $35M in SOL, impacting market dynamics amid FTX-related liquidations and network activity.
Bitcoin drops 8% from $122,000 as market volatility rises in June 2024
Bitcoin retreated from $122,000 amid market volatility, with Ethereum at $6,500 and Solana at $180. Trading volume dropped 15% in 24 hours.
Norway sovereign wealth fund increases Bitcoin holdings 192% in Q2 2023
Norway’s sovereign wealth fund increased Bitcoin holdings by 192% in Q2 2023, reaching $1.2 billion, alongside investments in Tesla and Apple.
Bitcoin LTH holdings decline 12% in Q2 2024, influencing $120K breakout prospects
Bitcoin LTH holdings dropped 12% in Q2 2024, with BTC hovering near $60K. Analysts at JPMorgan and Glassnode note potential supply squeeze risks.
Whales Move $157M in Cardano as ETF Odds Hit 75%: Analysts See Bullish Storm Brewing
Whales transferred $157M in Cardano (ADA) as ETF approval odds rose to 75%, with analysts noting bullish signals for Bitcoin (BTC).
Bitcoin drops 5% post-SEC ruling as Ethereum and Solana decline
Bitcoin dropped 5% to $42,000 post-SEC ruling, with Ethereum and Solana also declining. Analysts cite profit-taking and macroeconomic concerns.
BitMine increases Ethereum purchase plan to $24.5 billion amid $3,800 ETH price
BitMine plans to increase Ethereum purchases to $24.5 billion, potentially impacting ETH price. Ethereum currently trades at $3,800 with a $456 billion market cap.
