24/7 Blockchain industry dynamics and breaking crypto news
Allianz's chief economist suggests the Fed may need a September rate hike due to persistent inflation and economic resilience from AI and fiscal stimulus, while the ECB is unlikely to act further.
Read MoreBitcoin price action is nearing critical liquidation zones. A break above $63,000 could trigger $657 million in short liquidations, while a drop below $61,000 threatens $526 million in long positions, according to Coinglass data.
Read MoreOn July 3rd, the HYPE cryptocurrency broke through the critical $70 resistance level, reaching $70.449 with a 7.7% gain in 24 hours. Heightened market volatility has analysts urging investors to monitor technical indicators closely and implement robust risk management strategies.
Read MoreBank of England Governor Andrew Bailey is set to deliver a key speech focusing on the coordination between fiscal and monetary policy. Markets are keenly awaiting insights into how UK economic authorities will align their strategies amidst current challenges.
Read MoreBio Protocol launched OpenLabs, a decentralized platform for human-AI scientific collaboration. Its key innovation is a USDC yield-based funding mechanism where generated returns fund project computations and agent work, while principal remains secure. It offers a full pathway from idea to token launch or traditional funding.
Read MoreU.S. antitrust agencies are intensifying oversight of the oil market for potential price manipulation and anti-competitive conduct. They've urged state attorneys general to assist in investigations, warning that market volatility does not excuse illegal behavior.
Read MoreNASA has partnered with a startup to launch a robotic spacecraft, LINK, on a mission to rescue a valuable aging satellite. The mission marks the first demonstration of on-orbit capture technology, aiming to extend the satellite's life by moving it to a higher orbit.
Read MorePrediction markets reached a milestone this week with total open interest hitting a record $1.95 billion. While sports markets drove the surge, non-sports categories like politics and economics also hit new highs, totaling $837 million across major platforms, signaling broad sector growth.
Read MoreSpotify has demanded that prediction market platforms Kalshi and Polymarket remove its branding and publicly clarify the lack of partnership. The move follows findings that users manipulated Spotify's music chart data to settle prediction market bets, highlighting the company's stance against data misuse.
Read MoreVenezuela's Amuay refinery, its largest, has resumed operations following earthquake-related power outages, processing around 140,000 barrels per day. The FCC unit is back online, while the El Palito refinery has restored power but not yet fully restarted.
Read MoreBlackRock's spot Bitcoin ETF has seen net outflows for ten consecutive trading days, with a total withdrawal of approximately 35,980 BTC worth over $2.24 billion. This sustained capital flight is drawing close market scrutiny regarding institutional sentiment.
Read MoreIranian media reports Saudi deputy foreign minister paid tribute to late Supreme Leader Khamenei. The gesture, occurring amid regional conflict with thousands casualties, is seen as a potential diplomatic thaw. Observers suggest it may signal shifting dynamics in tense Saudi-Iran relations.
Read MoreA sharp divergence is emerging in crypto ETF flows. U.S. Bitcoin ETFs are experiencing sustained net outflows, while Ethereum ETFs are bucking the trend with notable net inflows. This split signals shifting investor sentiment and asset allocation strategies in the current market landscape.
Read MoreThe US stock market will be closed on Friday, July 3rd, in observance of Independence Day. This article outlines the holiday schedule, provides context, and advises investors to adjust trading plans accordingly.
Read MoreMichael Saylor argues Bitcoin's evolution is shaped by a dynamic consensus among three key groups: nodes (transaction validation), miners (network security), and holders (economic influence). Fundamental protocol changes only occur when all three align.
Read More