Bitcoin Depot, one of the largest cryptocurrency ATM companies in the United States, has announced the completion of a merger transaction that will allow the company to go public, Cointelegraph reported. Financial technology company GSR II Meteora Acquisition Corporation stated in an announcement on June 30 that its shareholders had approved the company’s merger...
According to The Daily Hodl, Morgan Creek Capital founder and CIO Mark Yusko said in an interview with CNBC that Bitcoin and the encryption market are in the early stages of a new bull market, which may last until next year, when Bitcoin will Go through the next halving. “I think the rally is just getting started. We’re just entering the so-called crypto summer....
CZ: SEC's emergency rescue request is not reasonable, but happy to reach an agreement with it Binance founder and CEO Changpeng Zhao (CZ) said on Twitter yesterday: "Although we insist that the SEC's emergency rescue request is unreasonable, we are happy to resolve our differences on this request under mutually acceptable conditions. .User funds are always safe...
U.S. attorney Mike Selig said that the SEC's recent lawsuits against Binance and Coinbase are not entirely bad for the cryptocurrency industry. Against the backdrop of these lawsuits, foreign jurisdictions are adopting crypto laws and regulations, and U.S. lawmakers are debating crypto market structure legislation in Congress. Every time the SEC sues a new crypto...
The U.S. Treasury Department said in a statement on June 2 that as of May 31, the U.S. Treasury had only $33 billion in "special initiatives" funds left to pay government bills. The authorized funds, totaling $337 billion, are designed to ensure that the U.S. government does not run out of room to pay its bills. The total fell from $67 billion on May 24 to just...
According to CoinMarketCap, the total market value of cryptocurrencies today is US$1.120563 billion, and the 24-hour trading volume is US$26.570 billion, of which BTC accounts for 46.2%.
Watcher.Guru tweeted that the US White House said that if the US debt defaults, the stock market will plummet by more than 45%. Earlier news, the White House issued a statement saying that it will not default on its debt and plans to continue reducing the federal government deficit.
More than 700 U.S. banks are facing "significant safety and solvency" risks due to large unrealized balance sheets that have reported losses of more than 50% of their capital, according to the Fed report. The Fed pointed to higher interest rates as the catalyst for losses at these U.S. banks. Changes in monetary policy and rising interest rates have had a negative...
Nassim Nicholas Taleb, the author of the best-selling book "Black Swan", tweeted that the current market value of the encryption market is 1.5 trillion US dollars. However, if market participants sell 1% to 4% of these cryptocurrencies, the total market capitalization will drop by 50%.
Countdown to Bitcoin halving: 364 days to go The current block height is less than 365 days away from the halving time of Bitcoin. The halving time is expected to be April 28, 2024, when the block reward will be reduced from 6.25 BTC to 3.125 BTC
The crypto market fell, gold fell, will it continue to fall? Will the Fed continue to raise interest rates? bearish
If you set a stop loss order, you will suffer frequent losses. If you do not set a stop loss order, you will suffer a large loss. It is a very tangled choice.
1 Make a trading plan 2 Limit the stop loss 3 Control emotions 4 Patience, Like a falcon, wait for the opportunity
"Rich Dad Poor Dad" author Robert Kiyosaki reiterated his warning of a market crash and the dangers of this week's Fed rate hike on Twitter: Crash. The next crash will be the $1 trillion derivatives market." On Wednesday, the Fed raised its benchmark interest rate by 25 basis points. While many expect the Fed to start cutting rates soon, Fed Chairman Jerome Powell...
ChatGPT can help analyze market data! It is a great help! It also collects market information! But whether it is reliable or not needs to be verified
I think this is the bear market phase of the cryptocurrency market and it will last until next year, short term