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

Ether options’ implied volatility remains elevated, analysts say
Ether options’ implied volatility remains elevated, analysts say

Uncertainty around the future price of ether has kept its options implied volatility elevated, according to analysts.Bitcoin’s implied volatility has seen a substantial reduction, indicating a trend toward stability in the bitcoin market.

The Block·2024/05/07 11:16
South Korea’s winning party moves toward bitcoin ETF promise: report
South Korea’s winning party moves toward bitcoin ETF promise: report

South Korea’s opposition Democratic Party plans to move forward in its election pledge to make spot crypto funds accessible in the country.Local financial regulators currently see no legal basis for the local issuance and trade of spot crypto ETFs.

The Block·2024/05/07 09:46
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)

The total crypto market cap is down below $2.5 trillion once more.

Cryptopotato·2024/05/07 09:40
Bitcoin trader flags key levels as BTC price attacks $64K liquidity
Bitcoin trader flags key levels as BTC price attacks $64K liquidity

BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher.

Cointelegraph·2024/05/07 09:34
LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop
LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop

The CEO of LayerZero Labs confirmed that employees are ineligible to claim the project’s upcoming airdrop. LayerZero Labs completed the initial snapshot for its token airdrop on May 1.

The Block·2024/05/07 07:52
Flash
  • 07:06
    Analysis: Core PCE is expected to cool down, the Federal Reserve may cut interest rates by 25 basis points at the June meeting
    Ameriprise 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 month-on-month growth rate of core PCE inflation (excluding volatile food and energy prices) will accelerate by 0.2%, and the year-on-year growth rate will remain at 2.8%. Russell Price believes that maintaining a pause is a very rational and reasonable view, predicting that the Federal Reserve will cut interest rates by 25 basis points at its June meeting.
  • 07:01
    Apple CEO Cook: DeepSeek's large model is an innovation that improves efficiency
    During the Apple earnings call, Cook was asked about his views on future iPhone models in terms of form innovation. Usually, he would refuse to reveal information about future products, but this time he gave an encouraging answer. Cook said: "I think there is still a lot to come, the innovation of the iPhone is far from over, and smartphones still have a lot of room for innovation. I am extremely optimistic about our product line." An analyst mentioned DeepSeek, a large model deeply explored by currently hot Chinese companies. Cook believes that DeepSeek's artificial intelligence model represents "innovation driving efficiency". "Overall," he said, "I think innovation driving efficiency is a good thing."
  • 07:00
    The total market value of the AI agency sector tokens has fallen below 10 billion US dollars
    According to CoinGecko data, the total market value of AI agency sector tokens is temporarily reported at 9.68 billion US dollars, with a 24-hour decline of 0.8%, and a 24-hour trading volume reaching 1.231 billion US dollars.
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