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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
20:55
The US dollar is expected to break out of its six-to-nine-month range and may strengthen in the short term.
ChainCatcher news, according to Golden Ten Data, Neuberger portfolio manager Joseph Purtell stated that in the short term, due to rising US real interest rates, the US dollar may continue to strengthen. He believes the dollar is likely to break out of the range of the past six to nine months, but added that in the long term, considering structural issues such as the US government's fiscal sustainability, the dollar may weaken.
20:52
Hyperliquid's total open interest across the network surpasses $9 billion
According to real-time monitoring by AiCoin, the total position value on the entire Hyperliquid network has surpassed $9 billion, currently reaching $9.013 billion. For more real-time updates on Hyperliquid, please visit: https://www.aicoin.com/zh-Hans/hyperliquid
20:19
Agency: It is unlikely that Trump's pressure on the Federal Reserve to cut interest rates will lead to inflation above 2%.
Golden Ten Data reported on June 28 that Gavekal Research stated in a report: "In 2025, the market was generally concerned that Trump would weaken the independence of U.S. monetary policy, nominate a political puppet as chairman of the Federal Reserve, force the Fed to cut interest rates, and cause inflation to remain consistently above the Fed's 2% target." "However, developments over the past seven months have made this scenario less likely to occur." These developments include the appointment of Kevin Warsh to head the Federal Reserve, as well as 11 of the 12 regional Fed presidents being reappointed. At the first meeting chaired by Warsh earlier this month, the Federal Reserve emphasized its commitment to price stability, which surprised some market participants who had expected a more dovish stance from the Fed under the new chairman.
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