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Bitcoin pre-halving correction narrative strengthens as BTC falls below $62K
Bitcoin pre-halving correction narrative strengthens as BTC falls below $62K

“Everyone who wanted to buy into the halving mostly has,” said Capriole Fund founder Charles Edwards.

Cointelegraph·2024/03/20 04:59
SEC pushes Hashdex, ARK 21Shares Ether ETFs as approval hope dwindles
SEC pushes Hashdex, ARK 21Shares Ether ETFs as approval hope dwindles

The SEC has continued to push back its decision on spot Ether ETFs while analysts have turned more pessimistic on approvals.

Cointelegraph·2024/03/20 00:38
Following Fidelity's lead, Grayscale looks to add staking for its proposed Ethereum ETF
Following Fidelity's lead, Grayscale looks to add staking for its proposed Ethereum ETF

Quick Take Grayscale proposed to investors on Tuesday in a “consent solicitation statement” four items, including a creation and redemption process involving cash and the ability to stake Ethereum through the trust. Though the SEC approved spot bitcoin ETFs in January, the road to approval for Ethereum product doesn’t seem likely.

The Block·2024/03/19 22:37
Meme Coin Madness: This Trader Made Over $3 Million in Less Than Three Days
Meme Coin Madness: This Trader Made Over $3 Million in Less Than Three Days

The latest Solana-based meme coin – Slerf (SLERF) – was one of the assets the trader dealt with.

Cryptopotato·2024/03/19 20:37
Ethereum price drops 20% in a week, but investors are still bullish
Ethereum price drops 20% in a week, but investors are still bullish

ETH price fell by 20% in the past week, but futures data shows investors still believe in the bull trend.

Cointelegraph·2024/03/19 19:21
Flash
21:35
Elon Musk has reached nearly one third of his second $1 trillion goal
And after just two trading days, he has already achieved nearly one-third of his next trillion-dollar goal. According to the Bloomberg Billionaires Index, Musk's wealth climbed to 1.32 trillion dollars on Tuesday. This marks an increase of nearly 90% compared to his net worth of 696 billion dollars last Wednesday, which was the day before SpaceX priced its IPO at 135 dollars per share. Expand
21:18
According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Matador Resources has confirmed that its borrowing base remains unchanged at $3.25 billion.
Meanwhile, the company successfully increased its total credit commitments to $2.75 billion. This move consolidates the company's financial flexibility, providing solid funding support for ongoing business operations and strategic investments. Maintaining the existing borrowing base indicates continued recognition by lenders of the company's asset value and creditworthiness, while the increased commitment amount further expands its available credit capacity. In the current complex and volatile energy market environment, strengthening liquidity reserves is crucial for independent oil and gas producers like Matador Resources. Adequate credit support will help the company seize potential growth opportunities and effectively respond to market fluctuations.
21:17
U.S. Intelligence: Iran Still Capable of Closing the Strait of Hormuz Again
On June 17, U.S. intelligence assessments indicated that Iran, after demonstrating relevant capabilities during conflicts, still has the potential to close the Strait of Hormuz again. Although a deal to reopen the Strait is anticipated, Tehran retains capabilities in missiles, drones, speedboats, and mine-laying, which could disrupt global energy transportation. Intelligence officials stated that Iran has gained leverage over this critical trade route and may use regional energy infrastructure as a tool for pressure.
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