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Ark Invest offloaded another 70,616 Coinbase shares on Tuesday — worth $15.1 million — as the investment firm continues to rebalance its fund weightings.Ark’s latest COIN sales are the most significant since April 11, when the investment firm offloaded $20.4 million worth of the stock.
Bitcoin long liquidations have spiked above $30 million in the past 24 hours.Bitcoin’s price has dipped over 3% during this time, currently trading at $62,300.
Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one.
The total crypto market cap has lost almost $100 billion daily and $150 billion since Monday.
While every other spot bitcoin ETF had inflows or no flows, GBTC’s significant outflows overpowered the market.
Quick Take Vitalik Buterin and co-authors proposed EIP-7702 as an alternative to EIP-3074 to refine Ethereum’s account abstraction. It lets EOAs temporarily act as smart contract wallets during a transaction and revert to their original state afterward.
A 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.
- 11:17Opinion: The core PCE is expected to cool down this week, predicting the Federal Reserve will cut interest rates by 25 basis points in the June meetingAmeriprise Financial's Chief Economist Russell Price predicts that the overall PCE will increase by 0.3% in December, and the core PCE will increase by 0.2%, which is consistent with general market estimates. Economists generally predict that the core PCE will continue to decline in the coming months, although sticky service prices still put upward pressure on this index. Russell Price added analysis: "Maintaining a pause is a very rational and reasonable view, it is expected that the Federal Reserve will cut interest rates by 25 basis points at the meeting in June."
- 11:13The probability of "Ripple ETF getting approved this year" predicted on Polymarket is now reported to be 82%January 31 news, according to official website data, Polymarket predicts an 82% chance of the "Ripple ETF being approved this year".
- 11:12OpenZK has completed a comprehensive security audit of HashlockOn January 31, the L2 network project OpenZK announced that it has successfully completed a comprehensive security audit conducted by Web3 security auditing company Hashlock. It is reported that OpenZK uses ZK Rollup technology to enhance Ethereum's scalability and transaction efficiency while maintaining high security.