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This is why altcoin prices fell last week
This is why altcoin prices fell last week

Cryptodnes·2024/06/18 23:10
Meme Coin Frenzy Fuels Explosive Base DEX User Growth
Meme Coin Frenzy Fuels Explosive Base DEX User Growth

Coinbase-incubated Base is quickly catching Solana as meme coin trading hotspot.

Cryptopotato·2024/06/18 21:55
Ethereum ETF issuers working to address 'reasonable' comments from SEC by Friday: Sources
Ethereum ETF issuers working to address 'reasonable' comments from SEC by Friday: Sources

Prospective Ethereum ETF issuers are responding to the comments received from the SEC last week, according to two sources, and aim to hand them back in this week.The sources described the comments as “light” and “reasonable.”

The Block·2024/06/18 21:46
This meme stock bull cycle just isn’t like the other one
This meme stock bull cycle just isn’t like the other one

Share link:In this post: Roaring Kitty returned to social media and triggered a surge in GME. GameStop’s share price has risen over 100% in five weeks, allowing the company to raise $3 billion and boosting its valuation to $12.4 billion. Higher interest rates and changing investor focus toward stocks like Nvidia have tempered the meme stock mania this time.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provi

Cryptopolitan·2024/06/18 20:43
Flash
13:56
Schnabel: The European Central Bank is expected to raise interest rates
European Central Bank Executive Board member Schnabel stated that the European Central Bank is expected to raise interest rates.
13:55
The Pump.fun "The Build in Public" hackathon has ended, with 12 projects each receiving $250,000 in funding.
Foresight News reported that the Spotlight account under Pump.fun tweeted that its "The Build in Public" hackathon event has concluded. A total of 12 projects each received $250,000 in funding, amounting to $3 million in total. The winning projects include: zauth — the trusted and secure layer for the AI Agent Internet, Opal — a real-time AI gaming companion, Pumpcade — an embedded prediction market, BloxAPI — a platform to launch gaming creators, ClawPump — the autonomous AI agent financial layer, CodecFlow — an open-source platform for building robots and autonomous operators, Dexter — the currency layer of AI agent economies, Clude — the AI memory layer, SolScanner — the on-chain intelligence platform, Collector Group — a digital card collection platform, Daydreams — an AI agent business suite, and AgenC — an AI agent job marketplace.
13:55
Merchants lose the equivalent of a Maybach in one month by hoarding gold and silver.
```htmlJinse Finance reported that on June 27, according to Jiemian, the Shenzhen Shuibei gold market was bustling with many "gold prospectors" on the afternoon of June 26. Around 18:00 that day, the gold bar price at Shuibei was quoted at 926 yuan/gram, with the buyback price at 869 yuan/gram. It was observed onsite that someone purchased several gold necklaces for a total price of more than 80 thousand yuan. Due to the booming business, some merchants indicated they are temporarily not offering retail sales and are only doing wholesale. One merchant stated that they usually focus on purchasing services but are currently too busy, and will resume offline retail sales once things settle down. Another Shuibei merchant said, "Within just over a month, the value of my hoarded gold and silver assets shrank by more than 1 million yuan, which is like losing a Maybach. It feels like I’m losing money every day." Recently, international gold prices have continued to plummet. Around 19:30 on the 26th, the spot price of London gold was quoted at $4,050/ounce, down $1,548/ounce compared to the year’s high of $5,598/ounce. Between June 24 and 26, the gold price repeatedly fell below $4,000/ounce. The spot price of London silver was reported at $58/ounce, with its price being cut in half compared to the year’s high of $121/ounce.```
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