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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.
- 01:04CryptoQuant CEO: If BTC breaks through $100,000, it will enter a price discovery phase, and profits may further increaseCryptoQuant CEO Ki Young Ju posted on X saying, "In the past 30 days, MicroStrategy (MSTR) has spent $13.5 billion to buy 149,900 BTC, increasing its position value by $21.5 billion. The Bitcoin market cannot absorb tens of billions of dollars in the short term without pushing up prices, so returns are almost inevitable. If BTC breaks through $100,000, then as it enters the price discovery phase, earnings may further increase."
- 01:03The Ethena Foundation has provided a grant of millions of dollars to DeriveThe options agreement Derive (formerly known as Lyra) announced a partnership with Ethena, officially joining the Ethena Network. As part of the collaboration, the Ethena Foundation provided Derive with millions of dollars in grants, while sENA token holders will be eligible to receive 5% of Derive DAO's DRV token supply.
- 00:56The main network of Sonic Labs has generated its first block and is expected to launch as scheduled in early DecemberAccording to reports, Sonic Labs has announced that its Layer 1 mainnet has generated its first block and will officially go live soon. The project has completed the S Token airdrop snapshot, with tokens $S exchangeable with Fantom's FTM at a 1:1 ratio. The goal of the Sonic mainnet is to process 10,000 transactions per second with a confirmation time of one second while introducing Ethereum bridging functionality to leverage its liquidity resources. The project is expected to launch as scheduled in early December.
