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Bitcoin posted an uptick on Monday morning as traders await two U.S. inflation prints this week.The inflation data could assist in determining whether and when the Federal Reserve might decrease borrowing costs in 2024.
A stack of 1,000 BTC — currently worth $62.8 million — was suddenly moved yesterday after more than 10 years of dormancy.The transfers were made via two wallet addresses, moving 500 BTC each in close proximity.
Layer 3 Degen Chain is experiencing operational downtime. The network stopped at block #15524774 and has not produced a block for over 11 hours.
Metaplanet, a publicly listed investment firm, announced today that it has adopted bitcoin as its strategic reserve asset.Japan has been facing fiscal challenges, which led the yen to fall to a 34-year-low last month.
In the long run, comparing TON to BNB with a market value of 9 billion USD is a reasonable and realistic goal.
- 09:36The account of the founder of Semler Scientific, X, is suspected to have been stolen. A post was made announcing the launch of SMLR tokensThe founder of Semler Scientific, a U.S. listed company, Eric Semler announced on platform X that he has launched the SMLR token on the Solana chain, which shares the same name as its stock code SMLR. However, some netizens in the comments section of the related post suspect that his X account has been hacked. Recently, many well-known people's X accounts have been hacked and used to promote malicious Meme coins. Users are advised to be discerning.
- 09:34Since the TGE, public chains like Starknet have experienced a significant decline, while Hyperliquid has risen by 1100%According to statistics from Messari researcher MONK, since the Token Generation Event (TGE), the token prices of multiple public chain projects have shown significant differentiation: Starknet has fallen by 87%, Mode by 70%, Blast by 85%, zksync by 47%, Scroll by 50%, Dymension by 87% and Berachain by 59%. In contrast, Hyperliquid has risen against the trend with an increase of 1100%. Furthermore, between January and April this year, it is estimated that $17 billion worth of tokens will be unlocked in the market. The recent amount cleared for long positions is close to $10 billion.
- 09:32Confidence surged after the US election, reversing in FebruaryA president usually takes several years to make his mark on the economy, but Trump did it in just a few weeks. Many companies were optimistic about Trump's presidency, with sentiment noticeably rising after the election. However, events that occurred after the inauguration weakened this optimism. The S&P 500 index rose by 5% in the first five trading days after the election and has been consolidating ever since. Preliminary results from a small business survey conducted by Vistage Worldwide show that confidence soared after the US election reversed in February. Wall Street just had its quietest January for merger announcements in a decade. Ethan Karp, CEO of non-profit organization Magnet said, "There is too much chaos. People don't know what will land next. Although tariffs have potential long-term benefits in terms of repatriation, what is happening now is just turmoil." (Wall Street Journal)