Latest Crypto News (11.07.2024)
BitKan News — $ETH: Up +2.66% (Past 24H). Bloomberg ETF analyst Eric Balchunas predicts that the US SEC may approve a spot Ethereum ETF on July 18.
🚨 What Happened In Crypto Over The Last 24 Hours? 🚨
• $BTC: Up +0.91% (Past 24H). CPI Data to be released at 8:30 PM (UTC +8) tonight. Prices are likely to fluctuate within 5 ~ 10 minutes of the official data releases within a short timeframe. However, if the upcoming data suggests slower inflation or decreasing interest rates, the market is anticipated to improve gradually within a longer timeframe, potentially leading to higher crypto prices in the 2nd half of 2024.
Significance: ★★★★☆
• $ETH: Up +2.66% (Past 24H). Bloomberg ETF analyst Eric Balchunas predicts that the US SEC may approve a spot Ethereum ETF on July 18.
Significance: ★★★☆☆
• $TRUMP — Up +5.65% (Past 24H). Donald Trump to speak at Bitcoin 2024 conference.
Significance: ★★★☆☆
• $PEOPLE: Up +11.03% (Past 24H). With Donald Trump speaking at Bitcoin 2024 conference, PolitiFi coins including PEOPLE, MAGA and STRUMP are on the rise too.
Significance: ★★☆☆☆
• The German government continues selling its BTC holdings, reducing from 50K BTC to 13.1K BTC, now valued at $755M.
• $AERO — According to @nansen_ai , Coinbase Ventures has been steadily purchasing $AERO since the announcement. The latest purchase was 8 days ago.
• $ALEX — Bithumb exchange will announce the delisting decision for $ALEX today.
• $ENS — ENS is set to announce news related to identity on July 12.
• $FX — Function X has proposed swapping $FX to $NEWFX or $AFIX. (100:1 Ratio) This governance proposal will be further discussed on July 25th or 26th.
• $GLM — Golem Network has announced the Ecosystem Fund. 40,000 ETH staked from the Golem treasury, and contributors receive 75% of the rewards.
• $MAGIC — Treasure DAO has announced a proposal to acquire Ryu Technologies for $400,000 in MAGIC tokens.
• $ONDO — BlackRock’s BUIDL has reached a $500M market cap. Ondo finance owns 44% of the BUIDL supply.
• $RON — Online RPG @RuniverseGame is migrating to Ronin ahead of its Epic Games launch later this year.
• $SKL — Skale Labs has unveild SKALE Pacifica V3.
• $STRK — Starknet has announced STRK staking, planned for testnet and mainnet release in Q4 2024.
• Donald Trump to Speak at Bitcoin 2024 Conference in Nashville. $MAGA $TRUMP
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