Latest Crypto News (12.07.2024)
BitKan News — $ETH: Down -0.7% (Past 24H). There was an obvious TWAP buy-in (evident from the 15-min chart) yesterday from 11:30AM to 4:15PM (UTC +8) when the price of ETH gradually grew from $3,065 to $3,131. The U.S. announced that the unadjusted core CPI annual rate in June was 3.3%, lower than the market expectation of 3.4%, falling to the lowest level since April 2021. The seasonally adjusted core CPI monthly rate in June was 0.1%, the lowest level since August 2021, and the market expectation was 0.2%.
🚨 What Happened In Crypto Over The Last 24 Hours? 🚨
• $BTC: Down -1.43% (Past 24H). PPI 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: Down -0.7% (Past 24H). There was an obvious TWAP buy-in (evident from the 15-min chart) yesterday from 11:30AM to 4:15PM (UTC +8) when the price of ETH gradually grew from $3,065 to $3,131. The U.S. announced that the unadjusted core CPI annual rate in June was 3.3%, lower than the market expectation of 3.4%, falling to the lowest level since April 2021. The seasonally adjusted core CPI monthly rate in June was 0.1%, the lowest level since August 2021, and the market expectation was 0.2%.
Significance: ★★★☆☆
• $TRUMP — Up +3.39% (Past 24H). President Biden loses his train of thought, and refers to VP Harris as Trump in Press Conference.
Significance: ★★★☆☆
• $MKR: Up +4.56% (Past 24H). MakerDao (MKR) is the top RWA-theme coin.
Significance: ★★☆☆☆
• Probability of a September rate cut increased ~20pps to ~93%.
• The German government sold over 30,000 BTC in the last two days, leaving them with 9,000 BTC remaining.
• Coinbase International Exchange will support $CRV, $ENS, and $PEOPLE perpetual futures starting July 18.
• #BABYDOGE — Baby Doge has announced a $PAWS airdrop for all token holders. Snapshot date will be announced.
• $BOBA — Boba Network will soon reveal something new.
• $FLOKI — Floki will make a marketing announcement on July 17.
• $GNO — Gnosis announced about the launch of the Shutterized Gnosis Chain.
• $MOCA — According to @definalist , $MOCA’s event token being sent to Upbit’s wallet 2 days ago. Upbit proceeded with Taiko’s listing even after it was leaked a day before.
• $MKR — MakerDAO has announced the Spark Tokenization Grand Prix to allocate $1 billion into tokenized real-world assets via SparkFi.
• $SUI — Sui Network has announced the @xocietyofficial beta test launch on July 15.
• $SSV — SSV Network has announced that its clusters are live on Lido Finance’s Simple DVT Module on Ethereum Mainnet.
• $ZIG — Zignaly has introduced the $ZIG Card, powered by Mastercard. Pre-orders for digital and physical cards start soon.
Crypto News Bot: @BitKanCryptoNews
BitKan Telegram Group: @BitKanOfficial
Join us and be the first to receive the latest crypto insights!
Thank you for your continuous support.
BitKan Team
About BitKan
Trusted since 2012, BitKan enables you to trade 1200+ crypto coins across its 8 Partner Exchanges (E.g. Binance & OKX) with 1 BitKan APP. With BitKan’s weekly new coin listings and negative spread, there is now a better way to get the cheapest Bitcoin, Ethereum, and your favourite crypto coins in under a minute.
New to BitKan? Here are some crypto gifts for you!
1. Get a $100 BitKan Sign-Up Gift
2. Earn $100 Bonus For Every Friend You Refer
3. Receive Daily Crypto News 24/7 from BitKan News Bot
Benefits of BitKan Cryptocurrency Exchange:
- Receive the most recent daily news within the community
- Trade 1200+ coins across 8 exchanges with 1 BitKan account
- Use custom price alert and portfolio tracker at your fingertips
- Start a Spot, Futures, Automated Bot Trade, BitKan Earn & more
- Served 10+ million users in 170 countries with 9 years of experience
- Discover the latest events, coins & enjoy the best prices on Web & APP
- 8 Partner Exchanges Include Binance, OKX, Bitfinex, Gate.io, Huobi, MEXC, Poloniex, and Bit.com.
- Based in Singapore and Japan, BitKan holds the Digital Asset Exchange License from the Financial Services Agency of Japan.
Follow Us:
