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Digital Asset Investment Products’ YTD Inflows Skyrocket Above $13B
Digital Asset Investment Products’ YTD Inflows Skyrocket Above $13B

Signs of spot Bitcoin ETF hype appears to be cooling down.

Cryptopotato·2024/04/09 05:28
BTC halving to fuel ‘raging firesale of crypto assets’ — Arthur Hayes
BTC halving to fuel ‘raging firesale of crypto assets’ — Arthur Hayes

Cryptocurrencies are headed for intense turbulence in the second half of April, spurred by the Bitcoin halving and a Fed “bag of tricks,” says the BitMEX co-founder.

Cointelegraph·2024/04/09 02:43
MicroStrategy 2.0? This Public Company Just Went All-In On Bitcoin
MicroStrategy 2.0? This Public Company Just Went All-In On Bitcoin

Metaplanet just invested 1 billion JPY into Bitcoin, and has adopted it as its “core treasury reserve asset.”

Cryptopotato·2024/04/09 01:58
Flash
11:48
Brazilian Finance Minister Dario Durigan: I still believe there is room for further rate cuts, but that depends on the central bank's authority.
Brazilian Finance Minister Dario Durigan: I still believe there is room for further interest rate cuts, but this depends on the central bank's authority.
11:47
TRON daily transactions reached 14.55 million, setting a new all-time high three times in the past ten days
According to ChainCatcher, TRONSCAN data shows that the daily transaction count on TRON has reached 14.55 million, setting a new all-time high. In the past 10 days, this metric has broken historical records three times. At the same time, the daily active accounts on the TRON network also reached a historical high on June 10, surpassing 5.8 million; over the past 30 days, the average number of active accounts was 5.18 million, indicating a continuous increase in network activity. In addition, TRX was officially listed recently on Bitnomial, an exchange and clearinghouse regulated by the US Commodity Futures Trading Commission (CFTC), and spot trading has been opened. This provides a new compliant and regulated channel for US market participants to access the TRON ecosystem.
11:46
Analysis: The US Dollar Index is nearing a breakout of its upper range, placing pressure on BTC, which may continue its negative correlation with the DXY
ChainCatcher news, according to CoinDesk, Bitcoin, which is seen as the “rival” to the US Dollar Index (DXY), is facing continued pressure as the market watches the US Dollar Index approach a breakout above the upper boundary of its 13-month-long consolidation range.
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