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1Bitget Daily Digest (Feb 18)｜Large-scale $SOL unlock incoming, Pump.fun trading activity cools 2MicroStrategy Offers $2 Billion in Shares to Purchase More Bitcoin3Solana (SOL) Dips Into the Red – Healthy Correction or Trend Reversal?
Web3 gaming platform Gala Games loses over $200 million in potential exploit, GALA plummets 15%
The treasury of the web3 gaming platform Gala Games appears to have been hacked Monday. Someone minted 5 billion GALA tokens worth over $200 million. GALA fell nearly 15% following the exploit.
The Block·2024/05/20 22:19
Ethereum ETFs' odds of approval improve as it appears Biden admin perhaps wants to appear more crypto friendly: Bloomberg ETF analyst
Bloomberg ETF analysts view the possibility of the U.S. government approving spot ether ETFs as improving to 75% based on the possibility of shifting political winds.
The Block·2024/05/20 20:49
Bitcoin price hits $70K as spot and BTC ETF buying surges
Cointelegraph·2024/05/20 20:01
Ether price volatility set to increase in lead-up to this week's ETF decision deadlines, analysts say
Ether price volatility is expected to increase in the lead-up to this week’s spot ETF decision deadlines, with VanEck’s on Thursday and Ark Invest/21Shares’ on Friday.
The Block·2024/05/20 15:31
Meme Coin News: GME Token Outperforms Stock, 15B FLOKI Burned, SHIB Could Hit $1 in 15Y
Cryptonews·2024/05/20 15:11
Prometheum soft-launches ether custody services, treating it as a security
Controversial digital asset firm Prometheum has soft-launched ether custody services with a small group of companies.Prometheum plans to fully launch custody services by the first week of June.
The Block·2024/05/20 14:34
Grayscale CEO Michael Sonnenshein departs role, former Goldman Sachs exec to step in
Grayscale CEO Michael Sonnenshein is stepping down as CEO to “pursue other interests,” the firm said.Though the exact reasons for his departure remain unclear, the firm’s spot bitcoin ETF GBTC has seen swathes of investors exit despite inflows increasing.Former Goldman Sachs exec Peter Mintzberg will join as Grayscale’s CEO on Aug. 15, 2024.
The Block·2024/05/20 14:16
WIF Price Rise: Investor Optimism or Precursor to a Shift?
Coinedition·2024/05/20 14:13
Crypto Market Cools: Bitcoin Steady, Altcoins Diverge
Coinedition·2024/05/20 14:13
Flash
- 03:39The three major U.S. stock indices closed slightly higher, the crypto market fluctuated downwards, and gold prices soared againThe three major U.S. stock indices briefly turned lower during the session, but strong buying emerged at the close, resulting in a slight increase overall. The SP 500 index rose by 0.24%, hitting a new high during the session; Dow Jones Industrial Average increased by 0.02%; and Nasdaq Composite Index was up by 0.07%. Large tech stocks showed mixed performance with Tesla falling by 0.49% and Nvidia rising by 0.4%. Most chip stocks and AI concept stocks also saw an increase. In the cryptocurrency market, Bitcoin fell to its lowest level in nearly two weeks at $93,000 under pressure from U.S. stocks before rebounding slightly above $95,000. ETH experienced significant market attention due to bottomed-out market sentiment and fading meme heat, currently fluctuating around $2,700 USD . The LIBRA exit event exacerbated the depressed mood of the market; coupled with Bitcoin's sudden crash, altcoins were hit hard again with prices continuously reaching new lows. In terms of foreign exchange commodities, Trump once again imposed heavy tariffs which pushed up the dollar index by 0.3%; oil prices closed higher on Tuesday due to concerns over short-term supply interruption caused by an attack on a Russian oil pipeline . Tariff worries and tense Russia-Ukraine conflict negotiations triggered risk-averse buying , spot gold rose1 .2 %. On Tuesday , Trump reiterated that he would impose high tariffs on cars , semiconductors ,and pharmaceutical products,but his capricious tariff policy is gradually making markets immune . Compared to this,the market is more concerned about latest developments in Russia-Ukraine situation,hoping for early resolution of conflict.In addition,the Federal Reserve will release minutes from its January meeting on Wednesday,and markets are hoping it will provide insight into Fed's view on impact of global trade situation.
- 03:37UniSat will launch a mixed trading engine, Hexa, dedicated to Bitcoin assetsUniSat announced on the X platform that it is about to launch a hybrid trading engine, Hexa, dedicated to Bitcoin assets. It offers both a seamless trading experience similar to CEX and native self-custody of DEX wallets. This trading engine will cover brc-20, Runes, Taproot Assets, native stablecoins as well as trades for the top 100 Bitcoin assets by market value (ranked on UniSat's market).
- 03:36Data: The encrypted market sector continues to adjust, AI Agents fell by 9.53%, the RWA sector is relatively strongHere’s the translation of your message into English: According to ChainCatcher’s message and SoSoValue data, the crypto market sector continues to experience a downturn, with the AI Agents sector falling by 9.53%, while the RWA sector remains relatively stable. Within the AI Agents sector, the 24-hour price drops of Virtuals Protocol (VIRTUAL), AIXBT, ai16z (AI16Z), and AI Rig Complex (ARC) are 13.96%, 10.63%, 11.22%, and 18.59%, respectively. However, the RWA sector has increased by 1.72% in the past 24 hours, with MANTRA (OM), Maker (MKR), and Plume (PLUME) rising by 4.35%, 10.63%, and 9.53%, respectively. Additionally, the Meme sector has fallen by 3.47% in the last 24 hours, with Dogecoin (DOGE) down by 2.37%, Shiba Inu (SHIB) down by 2.75%, and Pepe (PEPE) down by 5.76%. Notably, the total market cap of the Meme sector has dropped to November 2024 levels, almost completely erasing the winter gains. In other sectors, the CeFi sector has dropped by 3.25%, the PayFi sector has fallen by 3.30%, but Litecoin (LTC) has bucked the trend, rising by 6.55%. The Layer1 sector has fallen by 3.67%, and the DeFi sector has decreased by 4.22%.