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July 24 Futures Market Dynamics
July 24 Futures Market Dynamics

Bitget·2024/07/26 05:01
Here’s When India Plans to Unveil Crypto Discussion Paper
Here’s When India Plans to Unveil Crypto Discussion Paper

The inter-ministerial group, tasked with developing a complete cryptocurrency policy, now includes the RBI and SEBI.

Cryptopotato·2024/07/26 04:59
BlackRock reveals key motivation behind launching crypto ETFs
BlackRock reveals key motivation behind launching crypto ETFs

Share link:In this post: BlackRock jumped into the Bitcoin ETF market mainly because their clients were asking for it. CEO Larry Fink, once a crypto skeptic, now sees Bitcoin as “digital gold” after studying the space deeply. There’s strong interest in Bitcoin and Ethereum, but not much enthusiasm for other cryptocurrencies among BlackRock’s clients.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on

Cryptopolitan·2024/07/26 01:19
VanEck gives Bitcoin until 2050 to hit $3 million per coin
VanEck gives Bitcoin until 2050 to hit $3 million per coin

Share link:In this post: VanEck predicts Bitcoin could hit $3 million per coin by 2050, becoming a major global currency. They think new tech will solve Bitcoin’s current transaction problems, making it useful for international trade. Despite its potential, Bitcoin has a lot of issues to clear before it can replace traditional currencies.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. W

Cryptopolitan·2024/07/26 01:19
U.S. economic growth hits 2.8% annualized rate in Q2
U.S. economic growth hits 2.8% annualized rate in Q2

Share link:In this post: The U.S. economy grew by 2.8% in Q2, beating expectations and showing strong consumer spending. The Federal Reserve is considering cutting interest rates, but the labor market is starting to soften. President Biden maintains tariffs on China and focuses on tech and climate policies, aiming for long-term economic stability.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on thi

Cryptopolitan·2024/07/26 01:19
There won’t be a ‘long list of crypto ETFs,’ BlackRock’s Robert Mitchnick says
There won’t be a ‘long list of crypto ETFs,’ BlackRock’s Robert Mitchnick says

Quick Take BlackRock Head of Digital Assets Robert Mitchnick said at the Bitcoin 2024 conference that the launch of spot Ethereum ETFs is unlikely to open the door to funds that track other crypto assets. ETH is not a bitcoin competitor — the assets are better seen as “compliments.” Bitcoin’s risks are fundamentally different from those of traditional assets, such as banking crises, geopolitical disorder, inflation, deficits, debt and currency debasement.

The Block·2024/07/25 23:22
Mystery surrounds $289 million in ETH that moved for the first time in 7 years
Mystery surrounds $289 million in ETH that moved for the first time in 7 years

Quick Take 92,000 ETH, valued at around $287.7 million, moved for the first time in seven years. The wallet initially received 96,474 ETH valued at $130,320 on Sept. 1, 2015 12:21:51 UTC from the Ethereum Foundation.

The Block·2024/07/25 22:58
Flash
16:27
Satori Finance announces termination of operations, users must withdraw funds before July 17
According to The Block, Satori Finance, backed by Polychain Capital and an exchange among other institutions, has announced it is ceasing operations. Users must withdraw their assets before 07:59 on July 17 (UTC+8). In 2022, Satori Finance completed a $10 million seed funding round, deployed on networks such as Arbitrum, Optimism, and BNB Chain, and offered 25x leverage and points mining models.
16:25
A sharp drop in wind power causes German electricity prices to exceed 400 euros, reaching a one-year high.
According to data from Epex Spot, the average price of the German day-ahead electricity contract is 140 euros per megawatt-hour, while the price during the evening peak has risen above 400 euros. Bloomberg's model forecasts indicate that at 8 p.m. on Thursday, Germany's wind power generation is expected to drop to a low of 1.5 gigawatts. This period coincides with peak evening electricity demand, as well as the phase when solar power generation gradually diminishes.
16:22
The US Russell 2000 Index rose by 1.2%
Jinse Finance reported that on June 18, the U.S. Russell 2000 Index rose by 1.2%.
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