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Cooler-than-expected June CPI inflation bolsters crypto and equity markets
Cooler-than-expected June CPI inflation bolsters crypto and equity markets

Bitcoin and the wider cryptocurrency market posted an uptick, rising alongside stocks following cooler U.S. inflation data for June.

The Block·2024/07/11 13:49
Bitcoin Explodes Toward $60K as June CPI Numbers Favorable
Bitcoin Explodes Toward $60K as June CPI Numbers Favorable

Bitcoin’s price has reacted positively on data which indicates that inflation in the US is slowing down.

Cryptopotato·2024/07/11 13:19
Is the market ready for an ETH season in place of a full altcoin season?
Is the market ready for an ETH season in place of a full altcoin season?

Share link:In this post: ETH is showing signs of breaking out, but sentiment is mixed. The launch of a live ETF may trigger a price rally. In 2024, an ETH season may precede an altcoin rally, due to more liquidity, predictability, and lack of token unlocks for the Ethereum network.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 consultat

Cryptopolitan·2024/07/11 12:01
Elwood Technologies’ Large ETH Transfers Raise Questions Amid Acquisition Talks
Elwood Technologies’ Large ETH Transfers Raise Questions Amid Acquisition Talks

Global fintech and crypto infrastructure provider Elwood Technologies has been moving Ethereum to and from centralized exchanges, sparking speculation in the crypto community.

Cryptopotato·2024/07/11 11:34
Flash
11:52
FTSE Russell index reshuffle takes effect on Friday, Nvidia becomes the top weighted stock
The semi-annual FTSE Russell index rebalancing will take effect after the US stock market closes this Friday. Nvidia will replace Apple as the largest weighted stock in the Russell 1000 Index, and Walmart will enter the top 10 weighted stocks for the first time. SpaceX and CoreWeave are included in the index system, with 62 companies newly added to the Russell 1000 Index and 237 companies entering the Russell 2000 Index. Alphabet and AMD will be removed from the Russell 1000 Value Index. This rebalancing coincides with the US quarter-end pension rebalancing window, and Goldman Sachs expects US pensions to have net sales of about $3 billion in stocks at the end of this quarter. JPMorgan pointed out that companies remaining in the Russell 2000 are expected to see their overall dividend yield increase by about 16.5%.
11:52
BitMNR Included in the Russell 1000 Index
BitMNR has been included in the Russell 1000 Index, and ETFs tracking this index will add BitMNR to their portfolios to drive institutional buying. BitMNR holds 5.67 million ETH and $601 million in cash, and its share price has fallen 93% from its July 2025 high. (CoinDesk)
11:50
Hyperliquid plans to vote on delisting IP on June 29
```htmlJinse Finance reports that Hyperliquid announced validators will vote on whether to delist IP at around 9:30 UTC on June 29. It is understood that the relevant protocol is advancing the asset's name rebranding (proposed new name: DATA). According to the rules, if validators vote to delist, the perpetual contract will be settled based on the "weighted spot oracle price one hour before the delisting vote," and any open positions will be automatically cancelled. Hyperliquid reminds users to close their positions in advance to avoid automatic settlement risks; after settlement, no new orders will be accepted.```
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