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1Bitget Daily Digest (February 6) | PENGU completes massive burning, Raydium buyback hits all-time high 2BlackRock Set to Launch Bitcoin ETP in Europe Amid Rising Institutional Demand3Bitcoin traders eye ‘huge’ US jobs data as BTC price risks $95K dip
Bitcoin’s rebound to $68,000 triggers nearly $300 million worth of liquidations over past 24 hours
Bitcoin rose over 4% in the past 24 hours to briefly surpass $68,000 amid a surge in short liquidations.The ETC Group’s Cryptoasset Sentiment Index has shifted from bearish to neutral, reflecting a decrease in selling pressure.
The Block·2024/10/16 13:12
JPMorgan Draws a Bullish Scenario for the Cryptocurrency Market: Here’s What They Expect
JPMorgan analysts pointed to a bullish scenario for Bitcoin and cryptocurrencies in their latest report.
Bitcoinsistemi·2024/10/16 13:09
Today's Hot Meme Tracking
wendy文迪·2024/10/16 10:42
Can NEIRO Make Millionaires in 2024? NEIRO Price Analysis
$NEIRO rose from seemingly nowhere to become a top ten meme coin. Can it still make millionaires?
CryptoNews·2024/10/16 10:30
Is Praxis’ $500 million financing “commitment” a capital manipulation game by GEM Digital?
GEM Digital is the leader of this financing and has committed fraud many times with false financing information.
BlockBeats·2024/10/16 10:13
Daily BTC Market Briefing | Explore the Future of Crypto and Seize Market Opportunities
3Friends·2024/10/16 10:08
Could Bitcoin’s ETF Inflows and Election Predictions Signal a Potential Price Surge?
Coinotag·2024/10/16 07:21
Flash
- 20:24Swarms briefly broke through $0.055The market shows that Swarms briefly broke through $0.055 and is now reported at $0.056, with a 24-hour increase of 49%.
- 20:16After Kanye West denied issuing tokens, the related hype tokens plummetedRapper Kanye West denied launching a cryptocurrency on social media, stating that "tokens are just hyped to harvest fans." Previously, the market expectation for his token issuance was as high as 40%, but it quickly fell to 10% after his statement. Multiple knock-off coins related to Kanye plummeted, with one falling over 65% and another dropping by 89%. Kanye revealed that he had turned down a $2 million token issuance proposal and stated that he would only devote himself to things he is truly passionate about and understands. After his remarks, he also seemed to seek communication with Brian Armstrong.
- 20:15Opinion: Ethereum still has the potential to rise above 5500 US dollars in the future.KOL Crypto Big Hunter posted on social media that from an optimistic perspective, it is possible that the fourth wave of Ethereum is a platform-type adjustment. The fourth wave started in March 2024 and is now coming to an end. When Bitcoin's fifth wave has already gone more than halfway, it is possible that Ethereum's fifth wave has not yet started. Although from this perspective, the duration of Ethereum's fourth wave may exceed 1 year, considering that the second major wave of Ethereum (April 16, 2023 - October 12, 2023) also lasted half a year, it is not impossible for the fourth major wave to last so long (the duration of the fourth major wave usually exceeds the second). If this angle gets verified then there are chances for subsequent rises in Ethereum above $5500. Altcoins will also see larger increases than in the last two months of last year.If Ethereum's fourth big move was a platform-type adjustment then because A-B-C adjustments typically have a structure of 3-3-5 and currently C-wave hasn't completed its five-wave structure yet; therefore next up we might see some fluctuations between $2100-$3000 for some time until C-wave completes its five-wave structure which would be reflected as multiple bottoms by ethereum in terms price-volume relationship.