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10T Holdings CEO Dan Tapiero said bitcoin could easily rise to $200,000 based on previous market cycles.He contrasted the exploding demand from the bitcoin ETFs with the upcoming supply shock of the halving to support his view.
The funding rate for Bitcoin perpetual futures has been reset after $370 million in contracts was liquidated. Is that a good sign?
Ethereum’s woes appear to have deepened as negative perp funding rates exacerbate market uncertainty.
Bitcoin big players seem ready to buy BTC at any price, while smaller market participants decrease exposure.
With the NVIDIA conference about stirring the waters of Artificial Intelligence, here are the top 3 AI coins to watch this week.
Spot Ethereum ETFs could still get approved on May 23, according to Standard Chartered’s Geoffrey Kendrick.He said that if approved by then, Spot Ethereum ETFs could bring up to $45 billion in inflows in the first 12 months.
- 03:19Top 5 increase today: CHILLGUY's 24-hour increase is 1,017.00%Bitget market data, today's top 5 tokens in terms of increase are CHILLGUY, THE, NMT, OORT, PUFFER. Among them: CHILLGUY has increased by 1,017.00% in the last 24 hours and is currently priced at $0.5585; THE has increased by 137.17% in the last 24 hours and is currently priced at $3.1840; NMT has increased by 88.64% in the last 24 hours and is currently priced at $3.66585; OORT has increased by 70.51% in the last 24 hours and is currently priced at $0.16712; PUFFER has increased by 50.98% in the last 24 hours and is currently priced at $0.6332.
- 03:04Michael Saylor: MicroStrategy is a response to the credit default swap of over 100 trillion dollars in assets in the 20th centuryMicroStrategy founder Michael Saylor posted on platform X, stating that MicroStrategy is a response to the credit default swap of over 100 trillion dollars in assets from the 20th century. (Note: Credit Default Swap, also known as credit default interchange or credit derivative tool, is one of the main tools for off-exchange trading to mitigate credit risk. It can be seen as a kind of insurance against financial asset defaults.)
- 03:00Tether CEO: Tether's bulk commodity liquidity pool could reach 5 billion US dollars by 2026According to reports, after recently venturing into commodity lending, Tether CEO Paolo Ardoino stated that the liquidity pool reserved by Tether Investments for raw material trade financing could grow to between $3 billion and $5 billion by 2026. In an interview this week, he revealed that Tether Investments plans to provide capital loans to commodity brokers and earn interest from temporary financing. Ardoino said, "This is a way to provide partner liquidity for an industry that is always thirsty for liquidity," adding that Tether Investments has already started cooperating with some of the largest commodity traders in the industry. For privacy reasons, this Tether executive refused to disclose any names of trading companies. When asked about Tether's interest in commodities, Ardoino stated that it makes sense to facilitate transactions because USDT is particularly popular among users in emerging markets and developing countries where commodity sales are a major driver of the economy. He also expressed particular interest on behalf of Tether in helping finance oil, natural gas and gold trades.
