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Bitcoin hits Wall Street: A recap of a critical six months for crypto markets and what what could lie ahead the rest of the year
Bitcoin hits Wall Street: A recap of a critical six months for crypto markets and what what could lie ahead the rest of the year

The debut of Bitcoin ETFs helped push the world’s largest cryptocurrency to new all-time highs this year.The U.S. presidential election continues to shake the market as Donald Trump embraces crypto while Joe Biden remains in limbo.Below is a brief recap of the market’s major milestones of 2024 and a glimpse at what’s ahead before the year ends.

The Block·2024/07/05 22:13
Bitcoin bulls meet their third final boss after US and Germany: Mt. Gox
Bitcoin bulls meet their third final boss after US and Germany: Mt. Gox

The Mt. Gox repayments are finally here, whether the market is ready or not

Blockworks·2024/07/05 21:52
Donald Trump will trigger a massive Bitcoin bull run if he wins: FT
Donald Trump will trigger a massive Bitcoin bull run if he wins: FT

Share link:In this post: Donald Trump’s potential election victory could trigger a massive Bitcoin surge. Bitcoin has surged in 2024 due to Bitcoin ETFs but struggled since April’s halving event. Analysts believe Trump’s pro-crypto stance and policies could boost Bitcoin’s appeal. Market watchers predict Bitcoin could reach $100,000 by Election Day if Trump wins.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information

Cryptopolitan·2024/07/05 20:31
$537 million Binance deposits tied to BTC price drop suggest whales selling: LookOnChain
$537 million Binance deposits tied to BTC price drop suggest whales selling: LookOnChain

Two wallets identified by LookOnChain have transferred 9,500 BTC worth about $537 million, at current prices, to Binance within the past week.The transfers were associated with subsequent drops in the price of bitcoin, which may indicate the whales selling.

The Block·2024/07/05 19:49
Is Bitcoin Undervalued? Core Scientific Founder Shares Optimistic Thoughts
Is Bitcoin Undervalued? Core Scientific Founder Shares Optimistic Thoughts

Darin Feinstein encouraged the community to view Bitcoin’s current price drop as a buying opportunity.

Cryptopotato·2024/07/05 19:49
Solana endorses decentralized Ticketmaster alternative XP
Solana endorses decentralized Ticketmaster alternative XP

Share link:In this post: Solana promotes the Ticketmaster alternative, XP, via an X Video. According to Solana, XP uses blockchain to cut down ticket fees and enhance market fairness. The XP platform utilizes tpNFTs to improve security and authenticity in ticket sales.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 qu

Cryptopolitan·2024/07/05 18:28
Flash
20:17
Aave and Solana ecosystem tokens lead gains as Bitcoin stabilizes around $60,000
Aave and Solana ecosystem tokens lead the gains in the crypto market, with Bitcoin price stabilizing around $60,000. Tokenized stock trading is driving growth in the Solana ecosystem, while the Aave founder hints at token buybacks under a new framework.
20:14
The Federal Reserve will firmly guide inflation toward its target level.
According to ChainCatcher, Golden Ten Data reports that S&P expects the Federal Reserve to remain firmly committed to guiding inflation toward its target level.
20:02
This week, the S&P fell about 1.9% cumulatively, the Dow rose about 0.4% for the third consecutive week, and the Nasdaq fell about 4.4% cumulatively.
On Friday, the S&P 500 Index preliminarily closed roughly flat, with the industrial sector down 1.7%, the technology sector down 0.7%, and consumer staples, real estate, and consumer discretionary sectors up as much as 1.4%. The healthcare sector rose 2.9%. The Nasdaq 100 Index preliminarily closed down 1%. Among its constituents, Western Digital preliminarily closed down 13.2%, Seagate Technology fell 12.3%, SanDisk declined 10.3%, while Texas Instruments, Qualcomm, NXP Semiconductors, and Micron Technology each fell at least 6.4%. Microsoft gained 6.1%, Applovin rose 7.3%, Datadog rose 9.3%, and Workday increased 9.6%.
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