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Coinbase backs Grayscale’s Ethereum ETF bid, spotlighting ETH as a commodity
Coinbase backs Grayscale’s Ethereum ETF bid, spotlighting ETH as a commodity

Coinbase favorably compares Ethereum to S&P 500 stocks, and highlighted how ETH ownership and trading activity are dispersed.

Crypto Slate·2024/02/22 11:33
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Bitget Announcement·2024/02/22 10:55
Ethereum Surges Past $3K as Bitcoin Recovers Toward $52K (Market Watch)
Ethereum Surges Past $3K as Bitcoin Recovers Toward $52K (Market Watch)

The past 24 hours were particularly turbulent in the crypto markets, but bulls came out on top with ETH surging past $3K, while BTC recovers toward $52K.

Cryptopotato·2024/02/22 10:46
Bitcoin pre-halving 'pullback' calls for $45K BTC price support retest
Bitcoin pre-halving 'pullback' calls for $45K BTC price support retest

Bitcoin is keenly copying previous bull markets, but the April halving demands a period of consolidation of recent BTC price gains.

Cointelegraph·2024/02/22 08:23
Important Ripple v SEC Development, Bitcoin (BTC) Brief Price Spike, and More: Bits Recap Feb 22
Important Ripple v SEC Development, Bitcoin (BTC) Brief Price Spike, and More: Bits Recap Feb 22

BTC could not keep the momentum and fell below $52K, whereas Ripple had to provide essential documents related to the lawsuit against the SEC.

Cryptopotato·2024/02/22 07:13
Flash
07:46
Bank of Japan's Ueda: No Proposal for 50 Basis Point Rate Hike at Present
On June 16, Bank of Japan Governor Kazuo Ueda stated that there is currently no proposal for a 50 basis point interest rate hike.
07:34
UK government bond yields steady ahead of Bank of England rate decision and UK economic data release
The market generally expects the Bank of England to keep interest rates unchanged at 3.75%, but attention will be paid to voting differences and any communication from the Bank of England for clues regarding the possible date of future rate hikes. Investors are also waiting for UK inflation data and employment data, scheduled to be released on Wednesday and Thursday respectively, to gain deeper insight into the UK economic situation. Tradeweb data shows that the yield on the 10-year UK government bond remains stable at 4.813%.
07:34
Russell Investments: Institutions Generally Expect the Federal Reserve Will Not Raise Interest Rates Again
According to Financial Associated Press, Russell Investments strategists pointed out that the United States economy remains highly resilient and labor demand is recovering, making it significantly more difficult for the Federal Reserve to signal rate cuts. Institutions generally expect that the Federal Reserve will not raise interest rates again.
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