Today is July 22, 2024, and the news in the cryptocurrency circle is as follows:
🔶 According to financial news, after US President Biden announced that he would give up his re-election campaign, the price of Bitcoin fell briefly and then quickly resumed its upward trend.
🔶 On Sunday night local time, as the market reacted to the news, Bitcoin, the world's largest cryptocurrency, recovered from its earlier losses and is currently hovering around $68,000 in the New York market.
🔶 Some analysts said that Bitcoin's rise reflects the market's belief that Democrats under Kamala Harris cannot surpass Trump in the White House race, and that Bitcoin is seeing a new dawn under the leadership of a US president who supports cryptocurrency.
🔶 On the social platform X, Elon Musk changed his profile picture to a picture with laser eyes, which is generally considered a symbol of support for Bitcoin.
🔶Teong Hng, CEO of crypto investment firm Satori Research, said that activity in the OTC options market suggests that Bitcoin may soon re-touch its all-time highs, and rising interest in call options with a strike price of $100,000 in December 2024 indicates that institutional investors are becoming more bullish.
🔶Eric Balchunas of Bloomberg said that the SEC plans to list Ethereum spot ETFs on July 23, which has affected the price of Ethereum to $3,500.
🔶 70 million USDT has been transferred from CEX to Tether Treasury; 1,970 Bitcoins were transferred from an unknown wallet to CEX;
🔶A giant whale transferred $14.24 million of PEPE to CEX and then withdrew 1,210 ETH from CEX.
🔶CryptoQuant said that BTC showed potential signs of a local bottom after a 15% correction. Ator tokens were renamed to Anyone, and the price fell by 44.4%.
🔶Ripple submitted a response letter supporting sealed documents and stopping over-the-counter XRP sales; Pyth Network launched USDm/USD price feeds and is available on more than 60 chains; Apus Network announced a trustless GPU solution inspired by Sam Williams' proposal!
The above content is for information sharing only and does not constitute any investment advice! Investment is risky, please be cautious when entering the market!
