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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

PA Daily | OpenAI will start global live broadcast on May 14th in the early morning; EigenLayer has opened the EIGEN token application.
PA Daily | OpenAI will start global live broadcast on May 14th in the early morning; EigenLayer has opened the EIGEN token application.

The British court has postponed the final verdict of the UK Chinese national Wen Jian, who is involved in the country's largest Bitcoin money laundering case, to May 24th; "Quant King" James Simmons has passed away at the age of 86; 1155 WBTC baiters have returned all 22,960 ETH to the victims' addresses.

PANews·2024/05/11 10:49
Quick look at 10 Eigen AVS ecosystem projects worth following.
Quick look at 10 Eigen AVS ecosystem projects worth following.

EigenLayer AVS provides endless possibilities.

Chaincatcher·2024/05/11 09:01
ARK and 21Shares drop staking plans from Ethereum ETF proposal
ARK and 21Shares drop staking plans from Ethereum ETF proposal

Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments.

Cointelegraph·2024/05/11 08:19
Ethereum Gas Fees Hit Lowest In Four Years
Ethereum Gas Fees Hit Lowest In Four Years

Coinedition·2024/05/11 08:16
The "BTC trend" is "extremely boring," and a rebound may need to wait until the second half of the year.
The "BTC trend" is "extremely boring," and a rebound may need to wait until the second half of the year.

Bitfinex analysts pointed out in a report on Friday that Bitcoin's recent weakness occurred against the backdrop of a strong US dollar and diminishing expectations of interest rate cuts, suggesting that this calmness may persist until early summer.

PANews·2024/05/11 06:19
Revealing the institutions holding BTC spot ETF positions: Rothschild and JPMorgan are not in the top ten, who is in first place?
Revealing the institutions holding BTC spot ETF positions: Rothschild and JPMorgan are not in the top ten, who is in first place?

As institutional investors continue to submit 13F filings to the U.S. SEC disclosing the holdings of Bitcoin ETFs, they are revealing the astonishing purchasing power behind Bitcoin spot ETFs.

Chaincatcher·2024/05/11 05:07
Flash
  • 15:24
    Mainstream CEX Cumulative Short Liquidation Strength Up To 176 Million If Bitcoin Rallies Above $100,000
    If Bitcoin rises above $100,000 to $100,048, the cumulative short liquidation strength of mainstream CEX orders would be 176 million. Conversely, if Bitcoin falls below $98,000 to $97,978, the cumulative mainstream CEX long liquidation strength would be 581 million. 
  • 15:22
    Interest rate futures traders expect the Fed to make its next rate cut in May
    Gold Finance reports that interest rate futures traders expect the Federal Reserve to make its next rate cut in May, after expecting June.
  • 14:43
    Investment bank KBW gives Strategy a "beat the market" rating, with a target price of 560 US dollars
    According to a ChainCatcher message reported by CoinDesk, investment bank KBW has released a research report, giving Strategy (formerly MicroStrategy) an outperform rating for the first time, with a target price of $560. KBW analysts stated that Strategy will adopt FASB's latest accounting standards in the first quarter of 2025. This could potentially make it eligible for inclusion in the S&P 500 index as one of the key criteria for inclusion is having positive net profits in both the most recent quarter and cumulatively over the past four quarters. Furthermore, as a publicly traded company holding the largest scale Bitcoin reserves, Strategy is expected to earn on-chain income through Bitcoin network applications in future.
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