Lookonchain APP

App Store
Feeds Articles

Analyst: M2 Surge Will Boost Bitcoin Price, Could Reach $150,000 by Year-End

14 hours ago

On July 2nd, according to Forbes, Matt Mena, the Cryptocurrency Research Strategist at 21Shares, declared: "Once the M2 money supply starts to ascend once more, historical data indicates that a portion of liquidity will flow into Bitcoin and other digital assets." Historically, the price of Bitcoin has had a close correlation with the M2 money supply, which is the Fed's estimation of liquid assets encompassing cash, deposits in checking accounts, savings accounts, and other short-term savings instruments. Cryptocurrency influencer Anthony "Pomp" Pompliano, who is about to head a new Bitcoin acquisition company, wrote in an email: "If Bitcoin continues to adhere to the growth of the money supply, we might witness the price of each Bitcoin reaching $150,000 by the end of the year."
Add to Favorites Download image Share x Copy link
Relevant content

Listed Hong Kong Company Multipoint Intelligent Opening Price Surges Over 89%, Plans to Apply for Hong Kong Stablecoin License

On July 3rd, based on market data, the Hong Kong-listed company Meituang Weilong (02586.HK) opened with a surge of more than 89%. Currently, it has increased by more than 47%, with a stock price of 13.26 Hong Kong dollars and a market value of 11.2 billion Hong Kong dollars. Meituang Weilong (02586.HK) announced that it is preparing to apply for a Hong Kong stablecoin license.

1 seconds ago

1RT Acquisition's Nasdaq debut daily trading volume reported $63.34 million, closing up 0.37%.

On July 3rd, based on market data, 1RT Acquisition (ONCHU) reported a trading volume of $63.34 million on the first day of its listing on Nasdaq. It closed up by 0.37% with a stock price of $10.24. 1RT Acquisition announced yesterday that it intends to raise $150 million through an IPO to expand its digital asset and financial technology business. It was listed on Nasdaq at the local time in the United States on July 2nd with the stock code "ONCHU." 1RT Acquisition Corp is expected to merge with one or more companies through a merger, acquisition, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination to expand into the fields of cryptocurrency, blockchain, and financial technology, including the acquisition of digital assets.

1 seconds ago

HK Stock: King Fund Financial International Soars at Market Open, Up Over 14%

On July 3rd, based on market data, the Hong Kong-listed company Kingsoft Financial International (HK1468) opened at a high and surged by more than 14%, with a market value of 478 million Hong Kong dollars. Kingsoft Financial International announced yesterday that it has invested 12 million US dollars to subscribe to shares of Amber International, entering the institutional crypto services field.

1 seconds ago

A certain ETH whale unloaded 4153.8 ETH from their position, pocketing another $522,000 in profit.

On July 3rd, according to on-chain analyst Ai Yi (@ai_9684xtpa), a particular ETH whale liquidated 4153.8 ETH (approximately $10.57 million) from a short-term position 8 hours ago and once again made a profit of $522,000.
The whale had entered the market at a low point on June 21st with an average price of $2419.48, demonstrating another successful instance of buying at a low price and selling at a high price.

1 seconds ago

A whale spent $1.598 million to buy COMPANY, incurring a $1.58 million loss.

On July 3rd, as monitored by OnchainLens, whale "3xwR" spent $1.598 million to acquire 4.4392 billion COMPANY tokens. Subsequently, it sold them for a total of 105.89 SOL, which is worth $16,283. This led to a loss of $1.58 million within just one minute. Meanwhile, address "8mser" spent 3.96 SOL (valued at $608) to purchase 8.31 million COMPANY tokens. It then sold them for a total of 5,736.32 SOL, which is approximately equivalent to $882,000.

1 seconds ago

Jupiter: Second Quarter Active Equity Staking Reward (ASR) Application Now Open

On July 3rd, Jupiter officially declared that the Active Stake Reward (ASR) in the second quarter has now become eligible for claiming.

1 seconds ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A whale exchanged WIF and Bonk positions for Fartcoin!

2024.12.25 11:01:14

 More

Hot Articles

Follow us

X

Follow

Telegram

Join