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The Pulse: Crypto airdrops going to select communities reminds us it’s an insiders game
This is the fourth edition of a weekly column by The Block’s editor-in-chief on current events in the crypto space and other musings. Today’s topics include airdrops, the SEC going after Uniswap, upcoming Bitcoin ETFs in Hong Kong and the Halving.
The Block·2024/04/14 13:13
Was BTC’s $10K Weekend Crash the Last Correction Before the Next Bitcoin Halving?
BTC’s price has recovered some ground since yesterday’s low, but it is still well in the red on a weekly scale.
Cryptopotato·2024/04/14 12:58
Crypto Weekly Roundup: SEC Goes After Uniswap, Solana Bug, & More
Cryptodaily·2024/04/14 12:46
CRV’s Latest Crash Threatens Curve Founder’s Lending Positions With Liquidation
Coinedition·2024/04/14 10:46
Will BTC and ETH Prices Recover After Unexpected 24-Hour Correction?
Coinedition·2024/04/14 10:43
A giant whale sold 10,000 ETH 20 minutes ago and still holds 75,930 ETH
Jinse·2024/04/14 09:50
Multiple whales buy SLERF, BOME and boden after market decline
ChainCatcher·2024/04/14 07:44
Crypto Markets Lost Over $400B as Bitcoin (BTC) Slumped by $10K in 2 Days (Weekend Watch)
Bitcoin’s dominance keeps increasing as the alts took another massive beating.
Cryptopotato·2024/04/14 07:43
Bitcoin's 'normal drop' leads to $256M longs liquidated — analysts
Traders anticipate further downside, with approximately $1.05 billion in short positions at risk if Bitcoin returns to its price from the previous day.
Cointelegraph·2024/04/14 02:13
Flash
02:01
Spot Silver Falls Below $65/Ounce for the First Time Since June 11 On June 19, spot silver fell below $65 per ounce for the first time since June 11, with a daily decline of 1.05%. (Jin Shi)
02:00
"White-haired Stock God" Serenity: Three months ago, the market was generally bearish on storage; it is advised to break out of the narrative and think independentlyOdaily reported that "White-haired stock god" Serenity posted on the X platform, stating that three months ago the market held a generally bearish outlook on the storage sector, yet since then, multiple storage-related assets have seen significant increases: 1. Micron Technology: $380 → $1,122 (+195.26%); 2. SanDisk: $565 → $2,155 (+281.42%); 3. MSCI: $132 → $219 (+65.91%); 4. SK Hynix: 849 thousand KRW → 2.685 million KRW (+215.5%); 5. Samsung Electronics: 172 thousand KRW → 362 thousand KRW (+110.7%). Serenity added that if the market starts seeing highly extended optimistic predictions such as "Samsung will become the world's most profitable company in 2028," investors may need to try to think independently and break away from the current narrative framework—for example, similar to previous theme rotations like "oil, LNG, helium, Iran." At present, similar logic may be unfolding in the optics/photonics sector. Photonics and storage are two core themes and possibly still in the "early stage of a super cycle."
01:59
The total net inflow of the US SOL spot ETF in a single day was $2.9895 million.According to Odaily, based on SoSoValue data, on June 18th (EST), the daily net inflow into SOL spot ETF was $2.9895 million. Yesterday, only the Bitwise Solana Staking ETF (BSOL) saw a net inflow, with a daily net inflow of $2.9895 million, and the current historical total net inflow has reached $892 million. As of press time, the total net asset value of SOL spot ETFs is $794 million, with the SOL net asset ratio at 1.96%, and the historical cumulative net inflow has reached $1.131 billion.
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