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Worldcoin token drops 5% amid Elon Musk's lawsuit against OpenAI
Worldcoin token drops 5% amid Elon Musk's lawsuit against OpenAI

The price of Worldcoin’s WLD token dropped about 5% amid news that Elon Musk has sued OpenAI and Sam Altman.Worldcoin’s WLD token has emerged as a proxy bet on OpenAI in the crypto markets.

The Block·2024/03/01 12:13
Bitcoin's next halving event may now be just 50 days away
Bitcoin's next halving event may now be just 50 days away

Quick Take: Bitcoin’s next halving event, when miners’ block rewards get cut in half, is now just over 50 days away, according to estimates from CoinGecko and OKLink. Those estimates would see Bitcoin’s fourth halving arrive on April 21, with the block reward dropping from 6.25 BTC to 3.125 BTC.

The Block·2024/03/01 12:09
Bitcoin ETF net inflows stay positive despite GBTC $600M exodus
Bitcoin ETF net inflows stay positive despite GBTC $600M exodus

Net inflows into the 10 US spot BTC funds dropped from a record $673 million Wednesday to $92 million Thursday

Blockworks·2024/03/01 11:52
BlackRock’s IBIT spot bitcoin ETF crosses $10 billion in AUM
BlackRock’s IBIT spot bitcoin ETF crosses $10 billion in AUM

BlackRock’s IBIT spot bitcoin ETF has reached $10 billion in assets under management just seven weeks after the fund began trading.IBIT had its second-largest daily inflows on Thursday — adding $603.9 million — though this was largely canceled out by $598.9 million in outflows from Grayscale’s GBTC.

The Block·2024/03/01 11:20
5 Cryptocurrencies Outperforming Others in the Top 100
5 Cryptocurrencies Outperforming Others in the Top 100

WLD’s successful rise above the $8 resistance could trigger a jump toward $10. AR might slip below $20 while selling pressure could lead PEPE down to $0.0000013. Increased buying pressure could send FET above $2 while FLR’s momentum had turned bearish.

Coinedition·2024/03/01 10:28
OnChainMonkey: Reimagining Bitcoin NFTs
OnChainMonkey: Reimagining Bitcoin NFTs

Cointime·2024/03/01 10:04
Ethereum Price Prediction: Is ETH Headed for $5,000 in the Mid Term?
Ethereum Price Prediction: Is ETH Headed for $5,000 in the Mid Term?

Ethereum could hit new heights following a surge in activity in the altcoin market, but a BTC correction is looming.

Cryptopotato·2024/03/01 09:14
How Will Crypto Markets React to $2B Bitcoin Options Expiry?
How Will Crypto Markets React to $2B Bitcoin Options Expiry?

Friday is Bitcoin options contract expiry day and there is a large batch ready to go today.

Cryptopotato·2024/03/01 07:29
Flash
09:39
Reuters: U.S. Military Secretly Transported Gulf Oil Following Iran's Model
BlockBeats News, June 16th. According to Reuters, to maintain the flow of energy exports in the Gulf region, the U.S. military has overseen dozens of secret ship-to-ship oil transfer operations, utilizing aerial drones, surface unmanned vessels, and helicopters to guide the fleet to waiting oil tankers. The operation took place on the edge of the Strait of Hormuz and employed a transfer method long used by Iran to evade sanctions. Sources familiar with the operation confirmed two specific locations for oil transfers: one off the coast of Fujairah in the UAE and another outside the port of Sohar in Oman. Based on shipping data and satellite imagery, the operation began in early May, with at least 92 vessels participating in the transfers. Satellite images as of June 11th showed 17 pairs of vessels simultaneously engaged in crude oil transfer operations at these two locations. Four sources, including a former U.S. official, revealed that on June 9th, an Apache helicopter, shot down by Iran and leading to subsequent U.S. retaliatory strikes, was involved in this mission. Satellite images indicated that on the day the Apache helicopter was downed, six pairs of tankers were clustered in a small area outside Sohar port.
09:39
BlackRock: Bank of Japan to Proceed Cautiously on Further Rate Hikes
BlockBeats News, June 16th, Ben Powell of BlackRock's think tank stated that the Bank of Japan may proceed cautiously with further rate hikes after the central bank raised rates to the highest level since 1995. Domestically, robust wage growth, strong underlying inflation, and deeply negative real rates have supported the case for a tightening policy. Internationally, hopes for a de-escalation of the Middle East situation have eased the ongoing energy shock threat, which should help contain imported inflation. Nevertheless, there is still a risk of inflation rates exceeding the Bank of Japan's 2% target. The institution remains underweight on Japanese government bonds, expecting rate hikes, elevated global term premiums, and large-scale issuances to continue putting upward pressure on yields. Over a 6 to 12-month horizon, the institution holds a neutral view on Japanese stocks as the cost of imported energy may still weigh on returns. In the long term, the institution maintains an overweight position relative to the benchmark as inflation and wage trends support corporate profitability. (FXStreet)
09:20
Argus raises Hilton Hotels' target price to $400
Argus Research on June 16th raised Hilton Hotels' target price from $380 to $400 and maintained a "Buy" rating.
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