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News Highlights for May 19th
Cointime·2024/05/19 10:04
Bitcoin clings to $67K but analysis warns of 10% BTC price drop next
Cointelegraph·2024/05/19 09:34
US spot Bitcoin ETFs saw net inflows of $948.3 million this week
Cointime·2024/05/19 09:28
Can Pepe (PEPE) Become the Biggest Meme Coin in 2024? (ChatGPT Answers)
Despite PEPE’s recent resurgence, the gap between it and the leader in the meme coin sector – DOGE – remains quite significant.
Cryptopotato·2024/05/19 08:37
These Are This Week’s Best-Performing Altcoins as Bitcoin (BTC) Calms at $67K (Weekend Watch)
SOL is among the leaders in terms of weekly gains.
Cryptopotato·2024/05/19 08:37
2024 Q1 Sees Significant Surge in Crypto Fundraising; Startups Gain $2.4B
Coinedition·2024/05/19 08:16

Will this cycle skip Ethereum?
Cointime·2024/05/19 08:13
Here’s Why Investors Shouldn’t Get Emotional Over Spot Bitcoin ETF Inflows and Outflows
The outflows for April were made up for in just a few weeks in May.
Cryptopotato·2024/05/19 06:52
Bitcoin's $66.9K price holds strong casting doubts on a 'deep correction'
Cointelegraph·2024/05/19 02:43
Flash
14:51
BlackRock: Bitcoin May Be Viewed as a Supplementary Investment ToolOdaily reported that BlackRock posted on X, stating that Bitcoin's role in investment portfolios is evolving and may be considered a complementary diversification tool. BlackRock believes that a moderate allocation (typically around 1-2%) could influence the portfolio's return potential while maintaining appropriate risk tolerance.
14:43
EF researcher Justin Drake: Vitalik will join the Strawmap architecture team, and Ethereum block rewards will further decreaseForesight News reported that Ethereum Foundation researcher Justin Drake posted on Twitter about several recent developments, including: Justin Drake has agreed to provide pro bono consulting for a potential $100 million Ethereum public goods fund, with further details to be announced soon. In addition, a team of five people, including Vitalik and Justin Drake himself, will join the architecture team for the Strawmap roadmap draft. Finally, an EIP aimed at reducing Ethereum block rewards will soon be released. This EIP will ultimately lower the Ethereum block reward to 0.25 ETH, and block rewards will no longer be issued when the amount of Ethereum staked exceeds 50% of the total supply.
14:43
US Stock Movement: Carnival Cruise drops over 10% as adjusted Q3 profit guidance falls short of expectationsGlonghui, June 23 — Carnival Cruise (CCL.US) once fell by more than 10%, hitting a low of $27; currently, the decline has narrowed to about 6.5%. According to reports, Carnival Cruise predicts that profit in the third quarter will be lower than expected, as the ongoing impact of rising fuel prices under geopolitical tensions continues to drag on the cruise operator’s profit margin. The company expects adjusted earnings per share for the quarter to be about $1.35, below analysts’ expectations of $1.42. (Glonghui)
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