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Bitcoin Miners Offload 10,600 BTC in 24-Hours: Data
Bitcoin Miners Offload 10,600 BTC in 24-Hours: Data

Bitcoin miners are on a selling spree as outflows hit a multi-year high with massive stash of BTC being sent to exchanges.

Cryptopotato·2024/01/18 08:58
After spot bitcoin ETF approval, eyes shift to ether fund decision
After spot bitcoin ETF approval, eyes shift to ether fund decision

An SEC decision on multiple spot ether ETF proposals is slated for late May following a flurry of fund filings last year

Blockworks·2024/01/18 08:04
South Korea weighs crypto tax abolition amid new income tax regime
South Korea weighs crypto tax abolition amid new income tax regime

Quick Take South Korea is currently working to abolish the income tax on financial investments.

The Block·2024/01/18 07:51
Dencun Upgrade Overview
Dencun Upgrade Overview

Cointime·2024/01/18 07:30
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch

Timmer believes the situation is a “sell-the-news moment” where participants may have “equitized” future spot positions via futures markets.

Cryptopotato·2024/01/18 05:28
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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