Flash News
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dYdX Foundation Highlights Key Milestones in Semi-Annual Ecosystem Report
According to @dydxfoundation, BeinCrypto recently shared an article about the newly released dYdX Semi-Annual Ecosystem Report. The report highlights significant milestones such as the launch of dYdX v4 on iOS and Android platforms and the introduction of over 40 new markets on the dYdXChain. These developments are crucial for traders as they indicate the platform's expansion and increased market offerings. (Source) More from dYdX Foundation 07-05-2024 17:20 |
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Monthly Performance of Crypto Baskets as of July 5th
According to @CCData_io, various cryptocurrency sectors have experienced significant declines month-to-date as of July 5th. The performance details are as follows: Layer2 dropped by 23.2%, Metaverse/Gaming by 21.7%, Staking by 21.0%, DeFi by 20.8%, Meme coins by 20.7%, Infrastructure by 18.0%, AI by 17.8%, Layer1 by 16.1%, and Exchange Tokens by 13.7%. Traders should be aware of these trends when making investment decisions. (Source) More from CCData 07-05-2024 16:32 |
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Whales Contribute to Recent BTC Price Decline with Large Deposits to Binance
According to @lookonchain, in addition to recent selling activity by the German Government, US Government, and MtGox, whales are also contributing to the decline in BTC prices. Specifically, two whales have deposited 9,301 BTC (worth $563 million) to Binance since June 27, which has further pressured the BTC price. (Source) More from Lookonchain 07-05-2024 15:41 |
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Michaël van de Poppe Discusses Career and Crypto Insights in Podcast
According to Michaël van de Poppe, he had an insightful conversation with Benjamin Wortman, where they discussed his career, cryptocurrency markets, gold, and other financial topics. The podcast is available for viewing and provides valuable perspectives for traders. (Source) More from Michaël van de Poppe 07-05-2024 15:15 |
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ETFs Add 166 BTC Worth $9.23 Million
According to @lookonchain, on July 5, nine ETFs collectively acquired 166 BTC, equivalent to $9.23 million. This significant addition reflects growing institutional interest in Bitcoin, potentially influencing market dynamics and signaling confidence in BTC's future performance. (Source) More from Lookonchain 07-05-2024 15:13 |
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Bitcoin Slightly Bounces Amid Dropping Yields and Global Uncertainty
According to @CryptoMichNL, the unemployment rate came in at 4.1% compared to the expected 4.0%. As a result, yields are dropping, and Bitcoin has experienced a slight bounce to $55.6K. The upcoming daily and weekly closes will provide more insights. In times of global uncertainty, both Gold and Bitcoin tend to rise. (Source) More from Michaël van de Poppe 07-05-2024 13:59 |
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Significant Bitcoin Transfers by Governments and MtGox
According to @lookonchain, since June 19, the German Government, the US Government, and MtGox have collectively transferred 17,788 BTC, valued at $1.08 billion. Notably, the German Government has been transferring BTC daily since July 1 and currently holds 396,210 BTC, worth $22.78 billion. This activity suggests substantial governmental involvement in the Bitcoin market. (Source) More from Lookonchain 07-05-2024 13:40 |
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dYdX Community Approves Addition of $BOME to dYdXChain
According to @dydxfoundation, the dYdX community has successfully voted to add the $BOME token from @Darkfarms1 to the dYdXChain. This decision reflects the community's support for new token integrations, potentially increasing trading volumes and liquidity on the platform. (Source) More from dYdX Foundation 07-05-2024 12:26 |
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dYdX Community Approves Addition of $POPCAT to dYdXChain
According to @dydxfoundation, the dYdX community has successfully voted to add the cryptocurrency $POPCAT to the dYdXChain. This decision could influence trading activity and liquidity for $POPCAT on the platform. (Source) More from dYdX Foundation 07-05-2024 12:21 |
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Significant $PEPE Deposits and Sales by Whale and Wintermute
According to @OnchainDataNerd, 6 hours ago, a whale with the address 0xf22 deposited 435 billion $PEPE tokens, worth approximately $3.86 million, to Binance. This whale had accumulated these tokens two weeks ago for $5.07 million, indicating a potential loss of $1.21 million if sold at current prices. Simultaneously, Wintermute also deposited and sold 593.6 billion $PEPE tokens for $4.61 million. (Source) More from The Data Nerd 07-05-2024 11:38 |
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Ethereum and Altcoins Hit Lowest Daily RSI, Indicating Capitulation
According to CryptoMichNL, Ethereum has reached its lowest daily RSI since the market collapse in August 2023. Additionally, various altcoins have recorded their lowest daily RSI either ever or within the current market cycle, signaling clear capitulation. (Source) More from Michaël van de Poppe 07-05-2024 11:24 |
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OKX and Binance Migrate OCEAN and AGIX to FET
According to @0xScopescan, OKX and Binance have successfully migrated OCEAN and AGIX tokens to FET via the Fetch.ai migration contract. This update could affect the liquidity and trading volumes of these tokens. For detailed money flow information, traders can visit the provided link and follow @ScopeProtocol and @0xScopescan for further updates. (Source) More from Scopescan 07-05-2024 10:46 |
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Key Updates in Crypto Market: Mt. Gox Repayments, Bitcoin Slump, and Coinbase's SEC Inquiry
According to @CCData_io, today's top crypto stories include Mt. Gox beginning to repay creditors in Bitcoin (BTC) and Bitcoin Cash (BCH), Bitcoin slumping to its lowest level since February, and Coinbase pushing for access to private emails of SEC Chair Gary Gensler. Additionally, notable market movers include TRON (TRX) and Tether Gold (XAUT). (Source) More from CCData 07-05-2024 10:43 |
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Key Insights from DDH Discussions on Deribit
According to @GreeksLive, recent discussions in the official Chinese Telegram group about DDH (Dynamic Delta Hedging) have highlighted several important points. Firstly, Deribit currently displays delta calculated using real-time implied volatility (IV). The core difference between using real-time IV and fixed IV for DDH lies in how traders manage their vega profits and losses. Secondly, DDH is primarily used to control risk by replacing large single losses with multiple small losses, rather than to generate profits. (Source) More from Greeks.live 07-05-2024 09:41 |
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Binance Celebrates 7th Anniversary
According to @_RichardTeng, Binance is celebrating its 7th anniversary, highlighting the company's rapid growth and strong community support. This milestone underscores Binance's position as a leading cryptocurrency exchange and its ongoing efforts to build and innovate in the crypto space. (Source) More from Richard Teng 07-05-2024 08:51 |
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Smart Money Profits $33.49 Million from ETH Trading
According to @ai_9684xtpa, a savvy trader has profited $33.49 million by buying low and selling high on Ethereum (ETH). The trader accumulated 56,135 ETH at an average price of $2,365 between September 30, 2023, and July 5, 2024, spending a total of $132 million. This highlights the trader's significant market influence and strategic trading approach. (Source) More from Ai 姨 07-05-2024 08:28 |
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Whale Transfers Significant ETH to Binance for Loan Repayment
According to @EmberCN, a whale or institution has cumulatively transferred 33,099 ETH (worth $96.24M) to Binance for sale. They then withdrew $83.43M in stablecoins from Binance to repay loans on Compound and Aave. Currently, the entity has $48.37M in loans remaining on these lending platforms, with 31,269 ETH (worth $89.36M) still held as collateral. (Source) More from 余烬 07-05-2024 07:15 |
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Michaël van de Poppe Maintains Altcoin Positions Despite Market Downturn
According to Michaël van de Poppe, he did not foresee the market decline to this extent or its early bottoming out. Despite the significant impact, he remains committed to his strategy and is not selling his positions in altcoins. (Source) More from Michaël van de Poppe 07-05-2024 07:07 |
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Upcoming Expiry of BTC and ETH Options with Key Metrics
According to Greeks.live, 18,000 BTC options are set to expire with a Put Call Ratio of 0.65, a Maxpain point of $61,500, and a notional value of $1 billion. Additionally, 164,000 ETH options will expire with a Put Call Ratio of 0.36, a Maxpain point of $3,350, and a notional value of $470 million. These metrics are crucial for traders to anticipate potential market movements. (Source) More from Greeks.live 07-05-2024 06:47 |
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Mt. Gox Repayments Trigger Bitcoin Price Drop
According to CryptoMichNL, the initiation of repayments by Mt. Gox has led to Bitcoin's price falling below $54,000. This news has triggered a broader market capitulation, causing significant declines across various cryptocurrencies. (Source) More from Michaël van de Poppe 07-05-2024 06:36 |