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5 Cryptos Set to Dominate in Late 2024
5 Cryptos Set to Dominate in Late 2024

Cryptodaily·2024/01/04 15:13
Fidelity, Grayscale filing 8-A forms show progress for spot bitcoin ETF applications
Fidelity, Grayscale filing 8-A forms show progress for spot bitcoin ETF applications

Quick Take Issuers’ Form 8-A filings signify registration that allows issuers to trade on an exchange and marks progress towards the potential approval of a spot bitcoin ETF.

The Block·2024/01/04 14:23
Bitcoin Options Traders Expect More Volatility as Top Strike Price Sits at $50K
Bitcoin Options Traders Expect More Volatility as Top Strike Price Sits at $50K

While the heightened interest in $50,000 BTC call options could signal a bullish sentiment among investors, it may not significantly impact the asset’s price movement.

Cryptopotato·2024/01/04 14:10
Decentraland’s MANA in ‘Depression’ Phase: Analyst Eyeing a Possible Revival
Decentraland’s MANA in ‘Depression’ Phase: Analyst Eyeing a Possible Revival

The latest correction experienced by Decentraland’s MANA could be a potential catalyst that could pave the way for an upward movement.

Cryptopotato·2024/01/04 14:10
Record-breaking Solana USDC volume signals growing stablecoin dominance
Record-breaking Solana USDC volume signals growing stablecoin dominance

Solana has emerged as one of the most dominant blockchain networks for USDC transactions.

Crypto Slate·2024/01/04 12:06
With bitcoin ETF decision imminent, industry watchers debate if SEC will delay
With bitcoin ETF decision imminent, industry watchers debate if SEC will delay

Bloomberg Intelligence analysts are bullish on January approval. Matrixport’s head of research isn’t. What are others saying?

Blockworks·2024/01/04 11:52
Crypto inflows tripled to $2.2B in 2023
Crypto inflows tripled to $2.2B in 2023

ProShares’ bitcoin futures ETF accounted for substantial flows in lead-up to potential spot fund approval

Blockworks·2024/01/04 11:43
Flash
09:06
SK Hynix Plans to Launch Trillion-Won Ultra-Large-Scale Shareholder Return Plan, with Choi Tae-won Personally Wagering
BlockBeats News, June 16th, according to a exclusive report by The Korea Economic Daily, SK Hynix plans to launch a mega-scale shareholder return policy of up to 100 trillion Korean won in the fourth quarter of this year. The specific measures include stock buybacks and cash dividends. This move is seen by the outside world as a major strategic bet by SK Group Chairman Choi Tae-won, aiming to enhance the company's position and valuation in the global capital market. According to investment bank and semiconductor industry sources, SK Hynix's stock buyback this time will account for just over 2% of outstanding shares and will officially begin after completing its American Depositary Receipt (ADR) listing. The ADR listing is expected to be completed in mid-next month. This mega-scale shareholder return plan is designed to dispel concerns from the outside world about potential dilution of existing shareholder value from the ADR listing, while further solidifying SK Hynix's market image as a top global semiconductor company.
08:56
Data: USDC Treasury newly minted 250 million USDC on Solana
ChainCatcher news, according to Whale monitoring, at 16:49 East 8th District time, USDC Treasury minted an additional 250 million USDC on the Solana chain.
08:55
Economist: Powell's Favorite Unconventional Inflation Gauge "Unreliable," Hopes for Challenge
BlockBeats News, June 16th, Federal Reserve Chairman Powell once expressed a preference for adopting another inflation measure standard - the "trimmed mean PCE inflation," which excludes extreme values before calculating the weighted average. Boston College economics professor Brian Bethune stated that currently, the trimmed mean PCE is not the most reliable indicator. In short, when the inflation shock behaves similarly to the period of 2009-2019 (i.e., before the 2020 COVID-19 crisis), this indicator works best because there was a better balance between positive and negative shocks at that time. However, when price shocks mainly come from positive factors such as supply disruptions, tariffs, surging oil prices, or significant special sports events (like the World Cup), this indicator will underestimate inflation. "Therefore, it is hoped that someone can challenge him on this," Bethune said. But regardless of which indicator is referenced, U.S. inflation remains above the Fed's 2% target - has been so since the spring of 2021.
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