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Ethereum’s $2.7 billion fee revenue demonstrated user preference over lower-cost alternatives.
Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.
Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle.
Throughout the rest of July, several important projects in the crypto sphere will unlock hundreds of millions of dollars of tokens, from Worldcoin and Aptos to Layer 2 chains like Arbitrum and even a Layer 3 chain, Xai.Here are all the unlocks crypto investors should know about in July, according to Token Unlocks data.
Shiba Inu’s team issued a critical warning of a potentially compromised Telegram group.
Here’s what might follow for BTC after the latest market decline.
Share link:In this post: BitMEX founder Arthur Hayes repeated his advice to buy Bitcoin dip. He thinks this is the perfect opportunity to invest in BTC. Thanks to the high rate of adoption on all fronts this year, Arthur says it’ll be a while before we see a bear market.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a
- 11:00Mechanism Capital Partner: The possibility of ETH returning to 1000-1500 USD this year seems quite highPANews reported on April 6th that Andrew Kang, a partner at Mechanism Capital, posted on platform X stating that he has not been closely following cryptocurrency in the past few months. However, it seems very likely that ETH will return to $1000-1500 this year. Given the speculative frenzy is clearly over, for an asset with negative growth/profitability, reaching a market value of $215 billion is simply absurd. The bear market argument holds up.
- 10:10The total Ethereum contract open positions across the network have fallen below 20 billion US dollarsBlockBeats news, April 6th, Coinglass data shows that the total Ethereum contract open positions across the network have fallen below 20 billion US dollars, currently reported at 19.926 billion US dollars, a drop of 0.91% in 24 hours.
- 10:09A certain whale has redeemed 17.66 million USDe from Ethena in the past 21 hoursPANews reported on April 6th, according to @ai_9684xtpa monitoring, the leader of "Whale Hunting Squad", KOL @Cbb0fe has redeemed a total of 17.66 million USDe from Ethena in the past 21 hours and exchanged 12 million of them back into USDT. He accumulated a total of 94.16 million points in Season3, accounting for seven ten-thousandths of the total point pool.