CME BTC futures gap $840
After closing the previous trading day at $67,365, CME BTC futures opened today at $66,525, a gap of $840.
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BlackRock “expects two rate cuts this year, starting in September
BlackRock Chief Investment Officer Rick Ryder told CNBC that he expects two rate cuts this year, starting in September.
The Fed's intense tightening has shaken consumer confidence among low-income earners. It will be difficult for the Fed to delay any longer,” he said. “If key economic data, including
SEC approves first ETH spot ETF, but further delays may follow
As Nate Geraci, CEO of US ETF specialist ETFstore, told X, “This week is the deadline for the US Securities and Exchange Commission (SEC) to approve an Ethereum (ETH) spot ETF. The SEC must approve a 19b-4 (a formal request for review) before the ETF can launch, and even if
BTC likely to 'cup-and-handle' higher after correction within 4-5 month descending channel
According to Cointelegraph, Charles Edwards, founder of crypto hedge fund Capriole Investments, said: “Based on the BTC/USD Binance weekly chart, BTC is correcting within a descending channel between $58,000 and $65,000. This trend could continue for 4-5 months, but in the longer term, BTC could complete a
Crypto 'Fear-Greed Index' at 74... Greed continues, with $11.8 billion worth of BTC options expiring today
Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose four points from the previous day to 74. The greed phase continued as confidence improved. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme optimism. The
BTC-Nasdaq100 90-day correlation rises, with short-term bulls strategically buying and supporting above $60,000
Citing data from cryptocurrency market data platform Kaiko, bitcoinnews reports that “the BTC-Nasdaq 100 90-day correlation ratio hit 0.17. This is a significant increase from the year-to-date low of 0.01 recorded in March. Nevertheless, the correlation between Bitcoin and risky assets is still well below the bull market
GSRMarket Alleged Address Deposits $3.7M OCEAN to Binance 5 Hours Ago
On-chain analyst @ai_9684xtpa reported via X that “about 5 hours ago, a putative address for crypto market maker GSRMarket deposited OCEAN 4 million ($3.7 million) and RNDR 45.5 million ($4.59 million) into Binance.” The address has deposited a total of OCEAN 18.7 million ($17.47