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PS Plus Extra and Premium records 48% decline in player count this month
PS Plus Extra and Premium records 48% decline in player count this month

Share link:In this post: PS Plus Extra and Premium experienced a 48% decrease in player count. The decline occurred despite notable titles such as Remnant 2 and Crisis Core being released in July. The drop was attributed to the poor performance of the expensive tier games catalog.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultati

Cryptopolitan·2024/07/29 21:55
Bitcoin dominates weekly crypto inflows, hits $19B YTD
Bitcoin dominates weekly crypto inflows, hits $19B YTD

Share link:In this post: Bitcoin leads crypto inflows with $19 billion YTD, drawing $519 million just last week. Ethereum ETFs stir controversy with $2.2 billion inflows as Grayscale causes massive outflows. Trump’s Bitcoin promises include retaining seized Bitcoin and banning CBDCs if re-elected.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research

Cryptopolitan·2024/07/29 21:55
What if the US really bought 1 million BTC?
What if the US really bought 1 million BTC?

Bitcoin is being tossed around as a potential US reserve asset, like gold and foreign currencies

Blockworks·2024/07/29 20:43
Empire Newsletter: What would a strategic bitcoin reserve look like?
Empire Newsletter: What would a strategic bitcoin reserve look like?

Plus, bulls are back in the driver’s seat, or so it seems

Blockworks·2024/07/29 20:43
No BlackRock Solana ETF plans in the near future, executives confirm
No BlackRock Solana ETF plans in the near future, executives confirm

Share link:In this post: BlackRock says it is not planning to apply for a Solana ETF product any time soon. Solana is considered immature to be an ETF product in terms of market cap and liquidity. SOL sees price correction after a rally that brought it close to $200.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qual

Cryptopolitan·2024/07/29 16:00
Flash
12:03
iQSTEL Inc. recently presented its core growth strategy in detail to numerous family offices and institutional investors at the "Planet Microcap" investment summit held in Las Vegas.
This showcase focuses on the company's acquisition of Ultranet, its proactive stock buyback plan, and the overall business development blueprint for the future. The initiative aims to communicate in-depth with key investor groups, clarifying how the company drives value growth and shareholder returns through strategic mergers and optimized capital allocation.
12:02
Analyst: $60,000 may become bitcoin's new accumulation zone, with the cycle bottom focusing on $48,000
ChainCatcher reports that CryptoQuant analyst Axel Adler Jr. stated that Bitcoin may have entered a new accumulation zone, but the potential structural bottom for this cycle is still around $48,000. At present, Bitcoin's adjusted seller risk ratio entered the red zone for the first time when falling below $60,000, which means the supply in loss has started to exceed the supply in profit and the unrealized pressure on holders has risen significantly. On the other hand, the Cumulative Value Days Destroyed (CVDD) valuation model shows that the structural bottom for Bitcoin in the current cycle is around $48,000. Axel Adler Jr. summarized that, historically, similar zones often correspond to market capitulation phases and the bottom formation process, such as the cyclical lows in 2019 and 2023. However, it remains to be seen whether the price can hold the $60,000 area, while the seller risk ratio smoothed line continues to rise. Although the Bitcoin price has rebounded to around $66,000, the market is still at the bottom of the valuation range, and caution is still needed for the final confirmation process of the cycle bottom.
12:01
Analyst: From Advisor Picks to Inflation Gauge, Powell May Reveal Fed Overhaul Hand at First Presser
BlockBeats News, June 17th, according to CNN reporter Bryan Mena, although Powell was unable to single-handedly achieve the interest rate cut requested by Trump, he has made it clear that the Fed will no longer be business as usual. Powell has hired two conservative policy veterans as interim advisors to the Fed. One of them is Paul Winfree, and the other is Daniel Haile. Additionally, Powell has mentioned that there are "a large number of redundant personnel" within the Fed, implying that he may undergo a major reshuffle of the approximately 3,000 Washington-based Fed employees. Powell had initiated a downsizing process last year to align with similar actions at the federal government level. Powell has also suggested that Fed officials consider inflation in a different way, focusing on another inflation measurement indicator, the "trimmed mean." During the April confirmation hearing, Powell stated that these indicators capture "what the underlying inflation rate is, not a one-time price movement due to geopolitical changes or beef price changes." With the new advisors in place, discussions about "institutional reform" are already underway, and Powell's press conference is expected to clearly signal for the first time his intentions on how far he plans to go in reshaping the Fed. (FXStreet)
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