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Bitcoin trades above $69K following largest quarterly options expiry in history
Bitcoin trades above $69K following largest quarterly options expiry in history

Bitcoin remained above the key $69,000 mark following the quarterly expiry event, suggesting that the pre-halving retracement may indeed be over.

Cointelegraph·2024/03/29 11:37
Ethereum co-founder Vitalik Buterin would like to see 'more good memecoins than bad ones'
Ethereum co-founder Vitalik Buterin would like to see 'more good memecoins than bad ones'

Vitalik Buterin published a new blog post on the topic of memecoins. He noted his general dislike for negative memecoins, adding that he would like to see more “good ones” make positive contributions.

The Block·2024/03/29 09:44
Fed Rate Cuts Hold the Key to Decoding Bitcoin’s Cyclical Behavior, Analyst Suggests
Fed Rate Cuts Hold the Key to Decoding Bitcoin’s Cyclical Behavior, Analyst Suggests

Bitcoin’s market behavior is cyclical and revolves around halving events. However, one analyst believes that the US central bank could have a greater influence this year.

Cryptopotato·2024/03/29 08:58
Bitcoin shows 'signs of exhaustion' as Q1 BTC price gains near 70%
Bitcoin shows 'signs of exhaustion' as Q1 BTC price gains near 70%

While there are reasons to be "very bullish" on Q2, the sheer speed of the Bitcoin and crypto bull market may be cause for concern, says QCP Capital.

Cointelegraph·2024/03/29 08:46
Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month
Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month

The daily total net inflow for the spot bitcoin ETFs in the United States was $183 million as of March 28.The cumulative total net inflow has reached approximately $12.13 billion.Net outflows from the Grayscale Bitcoin Trust continued, with nearly $105 million leaving the product.

The Block·2024/03/29 08:06
Flash
14:30
Ansem: Bitcoin is currently testing the key weekly resistance level at $65,000 to $66,000. If it breaks through, it may retest $72,000.
BlockBeats News, June 17th - Crypto KOL Ansem posted, stating that Bitcoin is currently at a crucial point, retesting the key weekly resistance level around $65,000 to $66,000 within this range. Currently not longing BTC at this level as he believes there are better long opportunities in the market. However, if BTC closes above this range, it may retest $72,000, a scenario he personally favors. If his assessment is wrong and BTC falls below $63,800, showing signs of weakness, the short-term outlook will turn bearish, potentially retesting $60,000. In such a case, shorts will be considered with a stop-loss set above the previous short-term consolidation range. Additionally, Ansem mentioned that today's FOMC minutes released at 2:30 ET may impact the market direction.
14:26
US Stock Optoelectronics Concept Stocks Soar Together, CRDO Surges Over 6%
BlockBeats News, June 17th, according to Bitget data, the US stock optoelectronics concept stocks collectively rose, with Credo Technology (CRDO) up over 6%, AXT Inc (AXTI) up over 5%, Astera Labs (ALAB), Marvell Technology (MRVL) up over 4%, Coherent (COHR), Ciena (CIEN) up over 2%.
14:09
Trump: Deal Reached to Boost US Stocks and Lower Oil Prices, Press Conference to Be Held Shortly
BlockBeats News, June 17th, U.S. President Trump announced on social media, "I will hold a press conference in France in 45 minutes. Afterwards, I will head to the Palace of Versailles to have dinner with the leaders of France and other European countries, and then return to the U.S. tonight. This visit has been a great success, but the main topics everyone wants to talk about are that Iran will not have nuclear weapons and the immediate opening of the Strait of Hormuz! The U.S. economy is performing excellently, with the current employment rate reaching a historic high. The U.S. has attracted over $19.1 trillion in investment, with thriving factories and industries. Importantly, due to the agreement reached, the stock market has been soaring recently, and at the same time, oil prices are plummeting!"
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