Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Why is Justin Sun offloading Ethereum? Sun does away with 50% ETH Holdings
Why is Justin Sun offloading Ethereum? Sun does away with 50% ETH Holdings

Share link:In this post: Justin Sun sold 50% of his Ethereum holdings worth $143M, adding selling pressure as ETH dropped 17% to $3,304 in a week. Sun’s transactions average $3,674 per ETH, yielding a 29% ROI, with 42,904 ETH ($139M) unstaked that analysts predict he will eventually sell. Ethereum faces bearish trends below $3,500 but sees continued institutional ETF interest, with inflows reaching $62.73M in the past trading week.

Cryptopolitan·2024/12/23 13:55
Today's popular MEME inventory
Today's popular MEME inventory

币币皆然 ·2024/12/23 08:39
Meet Trump’s new adviser picks: a crypto PAC darling, a Fed critic, and Musk’s AI confidant
Meet Trump’s new adviser picks: a crypto PAC darling, a Fed critic, and Musk’s AI confidant

The new appointees will focus on digital asset oversight, economic policy, and AI strategy.

DLNews·2024/12/23 04:53
Flash
  • 03:49
    Placeholder Partner: The favorable factors after the US election will still be effective in 2025
    Placeholder partner Chris Burniske posted on x stating that all the favorable factors he saw after the US election will still apply in 2025, urging investors to stay calm and not waver.
  • 03:47
    SoSoValue: No official tokens have been issued yet, do not interact with counterfeit tokens
    The AI-driven crypto investment research platform, SoSoValue, recently posted a warning on X: "We have detected a fraudulent counterfeit token SoSoValue ($SOSO) deployed on the BSC chain. So far, SoSoValue has not issued any official platform tokens. Any tokens claiming to represent SoSoValue are scams. Please protect your assets and avoid interacting with such tokens. Stay vigilant and be aware of risks."
  • 03:45
    Economist: The market should not predict CPI based solely on the performance of PPI
    ChainCatcher news, usually, there is sometimes a certain correlation between the weakness of PPI and the same month's CPI. However, Stephen Stanley, an economist at Santander Bank, said that weaker-than-expected U.S. PPI data for December does not necessarily mean that December's CPI data will also cool down. Especially for core CPI excluding volatile food and energy prices, this correlation is even less clear. He pointed out that food and energy prices do show good correlation between these two indicators, but other commodity categories have lower correlations. "My forecast for CPI only relies on PPI forecasts in terms of food and energy parts while it doesn't apply to core CPI," Stanley said.
News