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11:57

Analysts: Bitcoin may form a double top structure, the rising momentum is weakening.

ChainCatcher news, Coindesk analyst Oliver Knight stated that Bitcoin's current trend is similar to that of 2021 and may form a "double top" structure. Key on-chain indicators include the weekly RSI (RSI is a technical indicator measuring overbought and oversold conditions, with bearish divergence indicating RSI decline while price rises). Three bearish divergences, low trading volume during breakouts, and divergence between futures open interest and price. Knight pointed out that despite the price reaching new highs, the overall upward momentum has clearly weakened.

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BTC-0.37%

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11:53

Analysts: Bitcoin may form a double top structure, and the rise momentum is weakening.

ChainCatcher news, Coindesk analyst Oliver Knight stated that the current trend of Bitcoin is similar to that of 2021, which may form a "double top" structure. Key on-chain indicators include the weekly RSI (RSI is a technical indicator that measures overbought and oversold conditions, with bearish divergence indicating RSI downtrend while price uptrend) showing three bearish divergences, low trading volume at breakout, and divergence between futures open interest and price. Knight pointed out that despite the price reaching new highs, the overall upward momentum has significantly weakened.

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BTC-0.37%

02:40

The A-share beverage manufacturing zone rose during the session, Andeli once again hit the涨停, *ST Blue Yellow hit the涨停, Guotou Zhonglu, Knight Dairy, and Panda Dairy all rose over 4%, while *ST Yedao, Lizi Garden, and others followed suit.

12:40

US Election Update: Long queues formed in front of polling stations in the swing state of North Carolina

On November 5, according to CNN, people had already lined up outside the Loyalty Camel Knight Voting Station in Wilmington, North Carolina, which opened at 6:30 a.m. Eastern Time, waiting to vote. There were already 30 to 40 people in line when the voting opened.

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08:43

Silver Knight fell 20% today, with a turnover rate of 31.38% for the day.

On October 10th, Jinshi Data reported that Yinzhijie hit the limit down today, with a turnover rate of 31.38% and a turnover of 7.835 billion yuan, with a volatility of 32.26%. The Dragon and Tiger List data shows that the total net sales of the brokerage seats amounted to 212 million yuan. Public information from the Shenzhen Stock Exchange shows that the stock was listed on the list that day due to a daily closing price drop of -20.00%, with a total net sales of 212 million yuan from the brokerage seats. Data from Databao Statistics shows that the top five buying and selling brokerage seats on the list had a total turnover of 1.064 billion yuan, with a buy turnover of 426 million yuan and a sell turnover of 638 million yuan, resulting in a total net sales of 212 million yuan.

10:55

Chain game developer Ambrus Studio completes multimillion-dollar financing, led by The Spartan Group.

Odaily Planet Daily News MOBA game E4C: Final Salvation developer Ambrus Studio announced the completion of a multi-million dollar financing, with the specific amount undisclosed. The financing was led by The Spartan Group, with participation from IVC, Sui Foundation, Knight Capital, Goodwater Capital, and ZeePrime Capital.

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SUI1.63%

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06:27

Crypto Assets analysts predict that the Shiba Inu price will soar above $0.00001 After a few months of slow growth, the Shiba Inu native TokenSHIB began to ride the wave of Bull Market and usher in new gains. As a result, a Crypto Assets analyst predicts new highs for dog-themed Crypto Assets, with the price of SHIB expected to reach $0.00001. Crypto Assets analyst and investor SHIB Knight discussed SHIB's recent price action on Monday at X (formerly Twitter). Recently, the price of the dog-themed Token has risen significantly, bringing it close to the coveted $0.00001 price mark. Martinez shared a chart illustrating the SHIB/Tether price action. He revealed that on the two-hour chart, the price of SHIB is experiencing a technical breakthrough, getting rid of the downward trend that has been plaguing the Crypto Assets market. This suggests that while the Shiba Inu Token's ecosystem and community are thriving, its price may be recovering after experiencing a significant decline. Subsequently, SHIB Knight shared another chart showing the price action of SHIB, where the arrow points to a surge to $0.000014. The Crypto Assets analyst predicts that SHIB could rise at any time, advising investors to remain vigilant and keep an eye on the Crypto Assets' current bullish outlook. With the Crypto Assets market gradually exiting the bearish trend that has led to the decline of many AltCoins, SHIB has positioned itself at the forefront of a potential market recovery in preparation for the expected Bull Market in 2024. Crypto Assets analyst Ali Martinez revealed in an X post that SHIB is bracing for a big rally, which could push it to unprecedented highs. Martinez shared an originally released chart illustrating the price trends and movements of SHIB from November 2023 to February 2024. The chart shows the red and green zones in the Shiba Inu Token price trend. Based on the analysis of these price movements, Martinez predicts that the value of SHIB could climb to $0.010 or possibly exceed that mark, reaching $0.011. The occurrence of this event could mean a potential breakthrough for Crypto Assets, as SHIB has only been able to reach an all-time high of $0.0009 since its inception. (Source: Scott Matherson)

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ALI-2.78%

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01:18

U.S. 30-year mortgage rate rises to highest level since 2002

Freddie Mac said in a statement on Thursday that the average U.S. 30-year fixed loan rate rose to 7.09%, up from 6.96% last week and the highest since April 2002. A recent rise in borrowing costs, combined with a severe shortage of inventory that has pushed up home prices, has pushed housing affordability to its lowest point since 1984, according to Black Knight Inc. Existing home sales have declined as a lack of listings, rising costs and economic concerns deter many would-be buyers. “Demand has been impacted by affordability headwinds, but low inventory remains the root cause of home sales,” said Sam Hart, Freddie Mac’s chief economist. At current 30-year average interest rates, $600,000 The monthly payment on the mortgage is about $4,028, up from $2,601 early last year before the Fed started raising rates.

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Crypto Calendar

Avalanche (AVAX) will unlock 1.67 million Tokens on August 15 at 8:00, worth approximately $35.8 million, accounting for 0.39% of the Circulating Supply.

Avalanche (AVAX) will unlock 1.67 million Tokens on August 15 at 8:00, worth approximately 39.8 million dollars, accounting for 0.33% of the Circulating Supply.

Arbitrum will unlock 92,650,000 ARB tokens on August 16th, constituting approximately 1.80% of the currently circulating supply.

Tokocrypto has announced its participation in the Obras Papua Community Meetup, which will take place on August 16, in Papua. The event will focus on trading discussions and the potential of digital assets within the region. Local participants will have the opportunity to engage directly with Tokocrypto representatives and explore opportunities in crypto education and adoption.

Dragonverse Neo Campaign Season 21

MOBOX launches Season 21 of its Dragonverse Neo campaign, running from August 5 to August 16, 8:00 AM UTC. The event features a prize pool of 6,000 MBOX, 10,000,000 eMDBL, and 50% of player purchases. Additional perks include special item drops for MOBOX asset holders and exclusive rewards for MBOX spending, with extra bonuses for the top 5 participants.