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10xResearch: Is The Bitcoin Trump Pump Sustainable?
10xResearch: Is The Bitcoin Trump Pump Sustainable?

Institutional Crypto Research Written by Experts

10xResearch·2024/07/01 06:16
Bitget Futures Market Updat
Bitget Futures Market Updat

Bitget·2024/07/01 05:17
What to expect from Bitcoin in July
What to expect from Bitcoin in July

Share link:In this post: Bitcoin faces potential selling pressure from the 140,000 BTC Mt. Gox repayments starting July 2024. The CMF value of 0.15 suggests Bitcoin is currently under accumulation. OBV Oscillator shows a slight downward trend, indicating increased selling pressure.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 recommend independent research and/or consultat

Cryptopolitan·2024/07/01 02:58
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  • 09:20
    Astar Updates Token Economics Model: Base Staking Rewards Reduced from 25% to 10%
    PANews April 18 - Astar has recently further optimized its dynamic token economics model through governance updates, aiming to enhance long-term economic stability. The new dynamic inflation mechanism adjusts token rewards based on actual network usage rather than a fixed issuance. This update reduces the base portion of staking rewards from 25% to 10%, while increasing the adjustable portion to 55%, to help stabilize the annual percentage rate (APR) and reduce unnecessary token issuance. Earlier reports mentioned that the proposal to optimize ASTR token economics and dApp staking mechanisms has entered the voting stage.
  • 09:04
    Analysis: BTC May Temporarily Remain in the $80,000 to $90,000 Range; Liquidity Catalysts Needed for Sustained BTC Growth
    PANews April 18th — Matrixport pointed out that despite the ever-changing altcoin craze, Bitcoin remains strong. Since the launch of Ethereum spot ETFs in the US last year, Ethereum's market dominance has declined by nearly 50%. Many altcoins have experienced rapid rises followed by steep declines, forming a pyramid-like price structure. To sustain Bitcoin's growth, liquidity catalysts such as dovish signals from the Federal Reserve, interest rate cuts, growth in stablecoins, and increased futures leverage are needed. However, the current crypto market is lacking significant liquidity inflows, and the probability of a large-scale altcoin surge in the short term is low. The Federal Reserve might not adjust rates over the summer to assess the impact of tariffs on inflation. Although the market expects four rate cuts in 2025, Federal Reserve Chairman Powell stated that he will proceed with caution. Recently, the minting volume of stablecoins has decreased, supporting the possibility of Bitcoin temporarily remaining in the $80,000 to $90,000 range. Despite subdued trading volume, a weakening dollar may increase global money supply, thereby supporting Bitcoin prices. Additionally, a reduction in regulatory risks has also made Bitcoin perform better in the current market adjustment than before.  
  • 09:03
    Matrixport: The Likelihood of a Broad Altcoin Rally is Low
    According to ChainCatcher, the Matrixport weekly report indicates that since the launch of the Ethereum spot ETF in the United States, Ethereum’s dominance has decreased by nearly 50%. The report states that over the past year, various altcoin narratives have emerged and quickly disappeared, each showing a "sharp rise and crash" pyramid price structure. The analysis suggests that Bitcoin may maintain a short-term range between $80,000 and $90,000, while the probability of a broad altcoin rally is low unless three liquidity catalysts occur: a dovish signal from the Federal Reserve, stablecoin growth, or an increase in macro liquidity. The report also notes that, unlike previous bear markets, the regulatory risk for Bitcoin has significantly reduced, explaining its current adjustment period's better performance compared to previous ones.  
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