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1Bitget Daily Digest (6.30)｜U.S. Senate Debates “Big and Beautiful” Act, BlackRock Increases BTC Holdings for 9 Consecutive Weeks; Solana Staking ETF Rumored to Launch2Top Cryptocurrency Prices and Market Cap: Bitcoin Hits New High, Ethereum and XRP Hold Key Levels3Bitcoin MVRV Approaches Golden Cross, Suggests Bullish Trend
Here is Why Bitcoin’s Price Dropped Today, According to an Analyst
Cryptodnes·2024/11/01 21:11
As BTC price Keeps Falling, Kamala takes Gains on Polymarket
Cryptotimes·2024/11/01 20:44
Bitget Pay Launches Globally With Zero-Fees Instant Crypto Payments
Cryptoticker·2024/11/01 17:30
XRP Prints Additional Bullish Signals Indicating Highly Significant Pumps Ahead for the Popular Altcoin
Cryptonewsland·2024/11/01 16:00
Move Over ETH and SOL — 4 Altcoins Under $1 Poised for 100x Gains in the Imminent Bull Market
Cryptonewsland·2024/11/01 16:00
Turn $500 Into a $1.3 Million Crypto Fortune by December 2024 — Top Altcoins Under $100 to Buy Now
Cryptonewsland·2024/11/01 16:00
Bitcoin ETF Investments Reach New Heights in Q4, Signaling Bullish Sentiment
Cryptonewsland·2024/11/01 16:00
As Ethereum Slows, Investors Are Rushing to This Emerging DeFi Token With 6,000% Profit Potential
Cryptonewsland·2024/11/01 16:00
21Shares Files for Spot XRP ETF, Ripple CEO Confirms Interest
21Shares has submitted an application with the SEC to launch a spot XRP ETF. Brad Garlinghouse acknowledges the growing institutional interest in XRP ETFs. The Ripple CEO slams the SEC for its continued disregard for the court’s authority.
CoinEdition·2024/11/01 16:00
MicroStrategy’s Bitcoin Maneuver of 1,652 BTC and Bitcoin’s Price Action
MicroStrategy transferred 1,652 BTC worth $114 million to a new wallet. The company holds a massive 252,220 BTC worth $17.56 billion. MicroStrategy aims to raise $42 billion in three years to buy BTC.
CoinEdition·2024/11/01 16:00
Flash
- 12:18US-listed BitMine Raises $250 Million to Increase ETH Holdings as Core Reserve AssetAccording to ChainCatcher, CNBC reports that BitMine Immersion Technologies (NYSE: BMNR) has announced the completion of a substantial private placement, raising $250 million through the issuance of 55,555,556 shares at $4.50 per share. The round was led by MOZAYYX, with participation from prominent investment firms such as Founders Fund and Pantera. The transaction is expected to close around July 3, 2025. BitMine plans to use the funds primarily to increase its holdings of Ethereum (ETH), aiming to make it a core reserve asset, while continuing to focus on its main business of Bitcoin mining. Thomas Lee, founder and Chief Investment Officer of Fundstrat Capital, has been appointed Chairman of the Board of Directors with immediate effect. This private placement was conducted pursuant to Section 4(a)(2) and/or Regulation D of the Securities Act, with ThinkEquity, LLC serving as the placement agent.
- 12:10Tokyo Stock Exchange to Lift Margin Trading Restrictions on Metaplanet Starting July 1According to a report by Jinse Finance, Metaplanet CEO Simon Gerovich has revealed that the Tokyo Stock Exchange will lift margin trading restrictions on Metaplanet starting tomorrow (July 1).
- 11:59JPMorgan: Imminent Fed Rate Cut Mistake Could Trigger Major Turmoil in US Stocks, Bonds, and Currency MarketsOdaily Planet Daily – Market expectations for a Federal Reserve rate cut are rising, but JPMorgan’s London strategy team has poured cold water on the optimism. The bank warns that the real reason behind a rate cut may not be favorable for equities and could even represent the “wrong kind of easing,” potentially triggering a chain reaction in the markets. JPMorgan strategists anticipate that the future will likely be a combination of the first and third scenarios—namely, a slowdown in economic activity accompanied by a rebound in inflation. They point out that since 1980, the US dollar typically weakens before a rate cut and continues to decline afterward, with bond yields also falling. The strategists at JPMorgan state that, in most cases, they expect the dollar to hit new lows and US Treasury yields to continue to decrease. (Jin10)