Top 3 hot searches: ETH, SOL, SATS; Popular sectors: privacy, halving, BTC ecosystem
ETH plummeted 8% yesterday, hitting a low near $3000, currently trading at $3171, the sharp decline may be influenced by the net outflow of Grayscale ETHE. Some analysts pointed out that the uptrend of Ethereum ETF before listing has ended, and the market has seen a "sell the news" trading pattern.
At 11:00 today (GMT+8), Binance removed the AVAX/TUSD, MATIC/TUSD, VOXEL/BTC spot trading pairs.
The probability of the Federal Reserve maintaining the interest rate in August is 93.3%. The US economic growth is faster than expected and inflation has eased, the expectation of rate cuts remains unaffected, and the rate cut may start as early as September, with traders expecting the Fed to cut rates by 25 basis points in September, November, and December, respectively.
a16z co-founder: The Biden administration's regulatory approach to cryptocurrency is stifling innovation and growth in the industry.
At 16:00 today, Binance will open RENDER spot trading, including RENDER/BTC, RENDER/USDT and other trading pairs.
An independent miner mined block 853,742, receiving a block reward worth about $210,000. Cryptocurrency analyst Jamie Coutts CMT: The situation of Bitcoin miners is improving.
With the launch of the Ethereum spot ETF, CME's open interest in Ethereum futures contracts has reached a new high.
Analysis: Bitcoin's current decline is related to seasonal factors, and the timing of the launch of the Ethereum spot ETF is not ideal.
Bitstamp CEO: Proud to provide protection for Mt Gox investors, BTC has proven its value.
BlackRock: Clients have little interest in cryptocurrencies other than BTC and ETH.
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