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1Bitget Daily Digest (January 20) | Following $TRUMP, First Lady launches $MELANIA; Bitget market growth ranks first2Bernstein says some may cringe, but Trump memecoin is a 'paradigm shift' in US crypto approach3Vitalik Buterin Unveils Leadership Overhaul at Ethereum Foundation to Boost Technical Focus
Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predicts
Ethereum spot exchange-traded funds (ETFs) could capture between 10-20% of the flows currently directed towards bitcoin ETFs, Bitfinex head of derivatives said.
The Block·2024/06/10 10:07
Crypto investment products saw $2 billion in inflows last week amid rate cut anticipation: CoinShares
Global digital asset investment products saw net inflows for the fifth consecutive week, adding $2 billion.
The Block·2024/06/10 09:49
ZK Nation: ZKsync token distribution will be announced in the next week
Cointime·2024/06/10 09:37
Top Crypto News This Week: FOMC Meeting, Token Merger, Airdrops, Liquid Staking, and More
BeInCrypto·2024/06/10 08:22
Should Ethereum Traders Be Prepared for an Imminent Breakout?
Newscrypto·2024/06/10 08:01
Three Things That Could Rattle Crypto Markets This Week
A busy week lies ahead on the United States economic calendar and a key Federal Reserve interest rate decision could rattle crypto markets.
Cryptopotato·2024/06/10 07:55
Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10
BTC consolidated at around $69,500 after severe turbulence, while BRETT is up a whopping 400% on a monthly scale.
Cryptopotato·2024/06/10 07:55
CoinShares: Total inflows into digital asset investment products reached $2 billion last week
Cointime·2024/06/10 07:47
HSBC China rolls out e-CNY services for corporate clients
The bank’s China branch said that it is the first foreign bank in China to offer digital yuan services to both retail and corporate customers.
The Block·2024/06/10 07:40
Galatasaray Fan Token (GAL): Revolutionizing Fan Engagement for Fans of Galatasaray Spor Kulübü
Bitget Academy·2024/06/10 07:38
Flash
- 07:31Analysis: Encrypted options indicate that the ETH/BTC ratio is expected to decline furtherAfter President Donald Trump did not mention any cryptocurrencies in his inauguration speech on Monday, options listed on the Deribit exchange show that the downward trend of the ETH/BTC ratio is still ongoing. According to risk reversal data tracked by Amberdata, as of noon Hong Kong time, Bitcoin call options traded at higher prices than Ethereum call options over multiple periods. Risk reversals are calculated by measuring the implied volatility difference between call and put options; when this value is positive, it indicates a bullish market sentiment. Notably, BTC's risk reversal shows that short-term and near-term call option trading prices are 4 to 5 volatility points higher than put options. Meanwhile, the volatility premium for Ethereum's call option trading price relative to its put option is relatively lower. In other words, it is expected that the ETH/BTC ratio will continue to decline. Earlier this week, the ETH/BTC ratio had already hit a three-year low of 0.03.
- 07:29BTC breaks through 102,000 US dollarsBitget market data shows that BTC has broken through $102,000, currently reported at $102,018.85, with a 24-hour drop of 4.9%.
- 07:25The whale bought TRUMP again an hour ago, currently making a floating profit of 402,000 US dollarsAccording to on-chain analyst Auntie Ai, the whale "GV9kv...JA9Ad", who previously profited over 6.67 million US dollars by buying low and selling high TRUMP, used all of its profits to buy TRUMP an hour ago at a cost price of 33.9 US dollars. It has currently made a floating profit of 402 thousand US dollars.