News
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1Bitget Daily Digest (February 12) | Elon Musk's name change sparks on-chain speculation, WLFI increases $MOVE and $ETH holdings again 2Bitcoin’s Potential to Reach $1.5 Million by 2030 Gains Traction Amid Rising Institutional Adoption3World Liberty Financial’s Macro Strategy Signals Potential Strengthening of Ethereum Investments Amid Market Fluctuations
![Bitcoin Inflows Hit $942 Million as Investor Confidence Grows: CoinShares](https://img.bgstatic.com/multiLang/image/2ad23bb59f39024fd70bb7b321ad17ea1716270685370.jpg)
Bitcoin Inflows Hit $942 Million as Investor Confidence Grows: CoinShares
Investors do not appear to be betting on BTC’s price decline, as shown by the meager $0.6 million in short Bitcoin inflows.
Cryptopotato·2024/05/21 05:52
![Can Ethereum (ETH) Top $4,000 This Week if ETFs Are Approved?](https://img.bgstatic.com/multiLang/image/cef26b591727a992d04a67ceab154d711716270685009.jpg)
Can Ethereum (ETH) Top $4,000 This Week if ETFs Are Approved?
Ethereum prices have surged a whopping 20% to a six-week high as hopes of spot exchange-traded fund approval in the United States are reignited.
Cryptopotato·2024/05/21 05:52
![Bitcoin Surpasses $71,000 For The First Time in 38 Days](https://img.bgstatic.com/multiLang/image/62a1c0c36cf4c19440f819cb9450ed371716269622830.png)
Bitcoin Surpasses $71,000 For The First Time in 38 Days
BeInCrypto·2024/05/21 05:34
![Week 20 on-chain data: Institutional investment interest returns, waiting for good news on Ethereum ETF](https://img.bgstatic.com/multiLang/image/8be8b525f609c14788479289069b3f291716260425015.jpeg)
Week 20 on-chain data: Institutional investment interest returns, waiting for good news on Ethereum ETF
BlockBeats·2024/05/21 03:13
![friend.tech is so unpopular, why is FRIEND still being promoted?](https://img.bgstatic.com/multiLang/image/af484a990c2eceb1259615315703ab2d1716255931740.jpeg)
friend.tech is so unpopular, why is FRIEND still being promoted?
BlockBeats·2024/05/21 03:13
Market Dynamics on May 21: ETH leads the surge, driving a general rise in altcoins
Bitget·2024/05/21 02:39
Prometheum launches Ether custody service that treats ETH as a security: Report
Cointelegraph·2024/05/21 01:37
On May 22, Avalanche will unlock tokens worth 379 million US dollars
Bitget·2024/05/21 01:33
Ethereum ecosystem leads the surge: METIS increases by 34.31% in 24 hours
Bitget·2024/05/21 00:24
Grayscale CEO Michael Sonnenshein departs company
A Goldman Sachs alum will take over as CEO in August
Blockworks·2024/05/21 00:13
Flash
- 20:13Fed Chair Powell: January's inflation data suggests Fed close to, but not yet at, inflation targetFederal Reserve Chairman Jerome Powell says January's inflation data suggests the Fed is close to, but not yet at, its inflation target.
- 20:12US SEC Commissioner Hester Peirce: Meme Coin May Not Be Regulated by SECIn an interview with Bloomberg, US SEC Commissioner Hester Peirce said that many Meme tokens may not fall under SEC regulation because they are not explicitly categorised as securities under current regulations. She noted that if Congress or the Commodity Futures Trading Commission (CFTC) wanted to get involved, that would be their decision, and Peirce argued that Meme tokens have no intrinsic value and are more like a digital version of Beanie Babies or baseball cards. She said, ‘If people are willing to buy tokens that lack long-term value, they are free to do so, but should not be surprised by a price crash.’
- 19:48The onshore yuan rose 10 pips against the dollar from Tuesday's overnight closeThe onshore yuan closed at 7.3050 against the dollar (CNY) at 03:00 Singapore time, up 10 pips from Tuesday's overnight close. Volume was $28.353 billion.