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

SEC's Head of Crypto Asset and Cyber Unit departs after nearly nine years
SEC's Head of Crypto Asset and Cyber Unit departs after nearly nine years

Quick Take David Hirsch, the head of the United States Securities and Exchange Commission’s Crypto Asset and Cyber Unit in the Division of Enforcement, has left the agency after nearly nine years.

The Block·2024/06/17 14:01
ZKsync token goes live with $925 million market cap following airdrop
ZKsync token goes live with $925 million market cap following airdrop

The ZKsync token went live on Monday with a current price of around $0.25.Binance has listed ZK token pairs on its platform.

The Block·2024/06/17 12:08
Bitget announcement on adding support for ZK futures trading, spot margin trading, copy trading, and trading bots
Bitget announcement on adding support for ZK futures trading, spot margin trading, copy trading, and trading bots

The ZKUSDT futures trading pair will be launched on June 17, 2024, 12:00 (UTC), with a maximum leverage of 50. ZK spot margin trading, trading bots, and copy trading will be available on June 18, 04:00 (UTC), June 18, 04:00 (UTC), and June 18, 04:00 (UTC), respectively. Spot margin trading: ZK/USDT

Bitget Announcement·2024/06/17 10:47
US spot Bitcoin ETFs saw $581 million in weekly outflows amid 'more hawkish-than-expected' FOMC meeting: CoinShares
US spot Bitcoin ETFs saw $581 million in weekly outflows amid 'more hawkish-than-expected' FOMC meeting: CoinShares

U.S. spot Bitcoin ETFs ended a four-week run of consecutive net inflows, with $580.6 million exiting the funds last week.The outflows were due to a “more hawkish-than-expected FOMC meeting,” according to CoinShares.

The Block·2024/06/17 10:34
TON memecoins rally despite broader crypto market stagnation
TON memecoins rally despite broader crypto market stagnation

Despite a broader cryptocurrency market pullback, TON ecosystem memecoins like Resistance Dog, The Resistance Cat and Ton Inu have surged.Meanwhile, Bitfinex analysts have highlighted potential catalysts that could trigger a wider downturn in the cryptocurrency market.

The Block·2024/06/17 09:19
Flash
  • 01:22
    Standard Chartered Bank: Institutional capital inflows are expected to push BTC up to 200,000 USD this year
    ChainCatcher reports, according to a report from Standard Chartered Bank, it is expected that more funds will flow into the Bitcoin sector from institutions this year than last year. The participation of pension funds in particular is expected to push BTC up to $200,000 this year. The report states: "If proactive actions are taken as we expect, we believe the flow of institutional funds will continue. We anticipate that by 2025, inflows into BTC from institutions will exceed levels seen in 2024 and new capital may come from long-only funds classified as 'pension funds'. The dominance of institutional fund flows into ETFs could support the performance of BTC and ETH; we predict their prices will reach $200,000 and $10,000 respectively by the end of 2025."
  • 01:20
    Data: A certain whale used 43.12 million USDT to purchase 414.7 WBTC again
    ChainCatcher news, according to ember monitoring, the whale that made 19.62 million USD through 5 trades of WBTC bought back into WBTC 8 hours ago: using 43.12 million USDT to purchase 414.7 WBTC at an average price of 104,000 USD each.
  • 01:15
    Organization: The Bank of Japan is expected to have its largest interest rate hike in 18 years
    Odaily Planet Daily reports that the market widely expects the Bank of Japan to raise its benchmark interest rate to 0.5% on Friday, which would be the largest increase since February 2007, further indicating signs of a return to normal for the Japanese economy. The two key points proposed by Kazuo Ueda, Governor of the Bank of Japan last month when considering raising interest rates are now clear. So far, wage growth in Japan appears strong and there have been no major market shocks in the early days of US President Trump's second term. Informed sources said earlier that officials at the Bank of Japan believe there is a high probability that they will raise interest rates on Friday unless Trump creates too many negative surprises. Although it is unlikely that Ueda will provide any specific path for interest rates in order to preserve his options, overly dovish statements could lead to a weakening yen and exacerbate inflationary pressures. This may also keep monetary authorities highly vigilant about possible direct intervention in markets.
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