Proof: Token unlocks seem to be triggering an early crypto w | CrypticNews Hub on Binance Square

Trending Articles

Bookmarked and Liked

CrypticNews Hub

--・6k views

Proof: Token unlocks seem to be triggering an early crypto winter for many altcoins.

0 people tipped the creator.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

0

Replies 1

Explore the lastest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

CrypticNews Hub

@CrypticNewsHub

Explore More From Creator

Morning news from CrypticNews Hub 1. Hut 8 announced the completion of strategic financing of $150 million, involving Coatue. 2. Mt.Gox: It will take some more time to ensure secure and reliable debt repayment to creditors. 3. X Payments has obtained money transmission licenses in 29 US states. 4. Tether has started a strategic transformation and plans to cease support for EOS and Algorand for USDT minting. 5. Bloomberg analysts: If all Mt.Gox bitcoins enter the market, it will be equivalent to offsetting more than half of the #ETF inflows. 6. QCP Capital: #Bitcoin options activity is low in July, and no market fluctuations are expected. 7. Coinbase: Opens 5 tokens, including RENDER, HBAR, and APT, to New York State users. 8. The president of Jump Crypto has resigned but will continue to be involved with portfolio companies. 9. ZK Nation: The second batch of applications for ZK tokens has been launched. 10. Blast has launched the Blast Foundation to facilitate the transition to decentralized governance. 11. Assange will reach a plea agreement with the US and has been released from British prison, heading to Australia. 12. People familiar with the matter: Trump plans to speak at the Bitcoin 2024 conference in July. 13. Farcana clarified: Third-party market makers were attacked, but the official wallet and FAR smart contracts were not affected. 14. Arbitrum proposed a new staking reward proposal for ARB: 50% of the sequencer fee is planned to be used for staking rewards. 15. The CEO of Circle announced his joining of the Web3 social platform Farcaster. 16. Mark Cuban has started selling NFTs from his address after two years.

--

On Monday, the S&P 500 closed down 0.3%, the Nasdaq lost 1.1%, and the Dow Jones added 260 points. Markets are preparing for key PCE inflation data and comments from several Fed officials scheduled for this week to assess monetary policy outlooks. The energy sector performed the best, while the tech sector lagged as the pause in the AI rally continued: Nvidia (-6.7%) extended its losses for the third day, trailing behind Microsoft (-0.5%) and Apple (+0.3%) in market value. ResMed shares dropped 13.2%, marking the biggest percentage decline since August 2023. ResMed's shares fell after Eli Lilly (+0.6%) announced that its weight-loss drug Zepbound reduces the severity of sleep apnea. ResMed produces devices for treating sleep apnea and COPD. Conversely, Meta shares gained 0.8% following news of an AI partnership with Apple. Affirm shares surged 12.8% after Goldman Sachs initiated coverage with a "Buy" rating and a target price of $47.

--

The S&P 500 has gone 334 trading days without a single-day drop of 2% or more, starting from 2/21/23. If we reach July 17 without a 2% or greater drop, it will become the longest streak since the 949 trading days without such a drop from 5/20/03 to 2/26/07!

--

This year, the Japanese yen is falling more sharply than the Argentine peso!

--

The capitulation of #Bitcoin miners began 41 days ago, which is the average duration over the past five years. In 2021 (the mining ban in China), we observed a duration twice as long as now. The hash rate on the 7DMA is about to reach a 6-month low.

--

Latest News

CoinStats Urges Users To Transfer Remaining Funds Amid Security Concerns

--

Celsius Corporate Account Holders Seek Second Payment From Bankruptcy Proceedings

--

VanEck Submits Form 8-A for Ethereum ETF, Analyst Predicts More News to Follow

--

Meta Materials and Former CEOs Face Lawsuit Over Alleged Market Manipulation

--

Crypto Fear and Greed Index Hits 18-Month Low Amid Bitcoin Price Drop

--

Trending Articles

Meme Coins Recover: Dogwifhat (WIF) and Floki Inu (FLOKI) Lead the Rally

BTC Tanks to $61K As Long-Awaited Mt. Gox Repayments to Begin in July

Cardano Price Skyrockets to $45 or Crashes to $0.2? What to Expect Amid Key ADA Developments

A Look At What Binance Is Doing To Help Its Users And The Cryptocurrency Industry As A Whole

Bitcoin Miner Reserves Plummet to Multi-Year Lows — Will This Trigger the Much-Expected Price Rally?

Cookie Preferences

ba-one-trust-cookie