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1Bitget Daily Digest (April 11) | U.S. CPI comes in below expectations; Trump signs first-ever federal crypto bill repealing expanded IRS broker rule2Florida Bitcoin Reserve bill moves forward with unanimous vote3MicroStrategy holds 528K BTC at risk as debt pressure builds

Bitcoin Falls Below $60,000 – Market Correction Not Over
Cryptodnes·2024/07/03 14:25

Bitcoin price warning in the near term
Cryptodnes·2024/07/03 14:25

Bitcoin is breaking out of the downtrend - a jump of over 15% is expected according to a top analyst
Cryptodnes·2024/07/03 14:25

Runes transactions on Bitcoin plummet over 88%
Share link:In this post: Runes, a new Bitcoin-based protocol, has witnessed an 88% drop in daily transactions from its peak. Data from Dune Analytics indicates average daily transactions of 37,820 between June 22nd and June 28th. June 24th had the lowest transaction count since Runes launched, with 23,238 transactions recorded.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly
Cryptopolitan·2024/07/03 14:14

Memecoins $WIF, $BRETT, and $BONK at, or approaching, good buy zones
Cryptodaily·2024/07/03 14:13

Bitcoin sinks under $60,000 as $157 million in long positions are liquidated
Cryptobriefing·2024/07/03 13:38

Ripple (XRP) Price Outlook for This Week: 3 Things to Watch
Cryptopotato·2024/07/03 13:13

Why the most interesting phase of this bull market has yet to begin
Odaily·2024/07/03 13:11

TRON’s Rise in Stablecoins: A Sign of Growing Adoption and Business Use
Coinedition·2024/07/03 12:55

Sony acquires Amber Japan, an article reviews its Web3 layout history
BlockBeats·2024/07/03 12:28
Flash
- 06:19Mayor of Vancouver: Evaluating the conversion of part of the city's financial reserves into BitcoinOdaily Planet Daily reports that Ken Sim, the Mayor of Vancouver, Canada, stated in a recent keynote speech that he will continue to promote Vancouver as a Bitcoin-friendly city. He is currently waiting for a report from city government staff to confirm the integration of digital currency into Vancouver's financial strategy and system. This includes but is not limited to accepting Bitcoin for tax payments and converting part of the city's fiscal reserves into Bitcoin to maintain purchasing power and guard against fluctuations, depreciation, and inflationary pressures of traditional currencies.
- 06:10Data: Ethereum spot ETF had a total net outflow of 29.1981 million US dollars yesterday, continuing for 4 days of net outflowsChainCatcher reports that according to SoSoValue data, yesterday (Eastern Time April 11th), the total net outflow of Ethereum spot ETF was $29.1981 million. The Ethereum spot ETF with the highest single-day net outflow yesterday was Grayscale's ETHE, with a single-day net outflow of $26.052 million. Currently, ETHE's total historical net outflows have reached $4.226 billion. Next is Bitwise's ETHW, with a single-day net outflow of $3.1461 million. Currently, ETHW's total historical net inflows have reached $308 million. As of press time, the total asset value of Ethereum spot ETFs is $5.239 billion and the ratio of ETFs' assets to Ethereum’s market cap (the proportion compared to Ethereum’s overall market value) has reached 2.76%. The cumulative historical inflow has now reached $2.276 billion.
- 05:58The Babylon Bitcoin pledge function has been launchedPANews reported on April 12th that Babylon announced via Twitter that the Bitcoin pledge function has been launched. For the first time, Bitcoin can be pledged to provide proof of stake (PoS) security for Babylon Genesis and receive pledge rewards as a return. To ensure safety, only 1000 Bitcoins from the first phase Cap-1 are currently allowed to register. After a buffer and testing period of 24 hours, the Bitcoin pledge was officially activated at 18:04:03 on April 11 (UTC+8), at block height 27600 in Babylon's genesis block. Previous news revealed that Layer 1 blockchain Babylon Genesis, which uses Bitcoin as collateral, has officially launched. It is reported that this is the second stage of Babylon's launch of the Bitcoin pledging protocol.