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Solana Futures Officially Launch on CME Today

12 hours ago

On March 17th, Solana futures officially launched on CME today. At present, CME provides two new contract sizes: a micro contract covering 25 SOL and a full-size contract covering 500 SOL. Giovanni Vicioso, the Global Head of Cryptocurrency Products at CME Group, stated that as Solana continues to emerge as the platform of choice for developers and investors, these new futures contracts will provide a capital-efficient tool to support their investment and hedging strategies.
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Data: 21.69 million BLUR were transferred out from the Blur contract 4 hours ago

March 18th. As per on-chain analyst Yu Jin, the monthly unlocked Blur was unlocked 4 hours ago, with 21.69 million BLUR ($2.32 million) being released. It is anticipated to be transferred to Coinbase Prime just as before. Since commencing the unlocking cycle on June 15, 2023, Blur has unlocked 35% of the total BLUR supply (1.044 billion tokens) and has been transferred to Coinbase Prime for circulation in the market. Based on the price at the time of transfer, this totaled $337 million. The average transfer price was $0.32 per token.

9 minutes ago

A certain smart money allegedly liquidated 1,475,000 CAKE tokens 15 hours ago, worth $3.79 million.

On March 18th, as per @ai_9684xtpa's monitoring, a particular smart money wallet is said to have liquidated 1,475,000 CAKE tokens 15 hours ago, with a value of $3.79 million. This represents the first instance of this smart money wallet depositing CAKE into a trading platform. Furthermore, they have previously made a profit of $19.69 million by buying at a low price and selling at a high price on WBTC, with a cost base as low as $26,395.

9 minutes ago

According to @gmgnai, in the past 24 hours, six tokens created on @four_meme_ reached a market cap of over $1M, while only one token from pump.fun surpassed $1M.

According to @gmgnai, in the past 24 hours, six tokens created on @four_meme_ reached a market cap of over $1M, while only one token from pump.fun surpassed $1M.

9 minutes ago

The probability of the Federal Reserve maintaining the interest rate unchanged this week is 98%.

On March 18th: Based on CME's "FedWatch" data, the likelihood of the Fed maintaining interest rates in March is 98%, while the probability of a 25-basis-point rate cut is 2%.

9 minutes ago

BMT Breaks Above $0.18, Hits All-Time High

On March 18th, based on the GMGN market data, BMT broke through $0.18 and is currently trading at $0.185, reaching a new all-time high with a 24-hour percentage increase of 102%.

9 minutes ago

Analyst: Bitcoin Price Likely to Bottom Out in a Few Weeks, Rebound to New High Later This Year

On March 18th, David Duong, the Director of Institutional Research at Coinbase, stated that the market generally anticipates that the Federal Reserve will maintain the interest rate unchanged at this week's Federal Open Market Committee meeting. However, investors should pay attention to any potential changes to the Fed's balance sheet reduction (that is, quantitative tightening, QT) plan. In his report on Monday, he wrote, "We think that the Fed may pause or end its quantitative tightening plan because the reserve levels at banks have reached nearly 10-11% of the US GDP, a level generally regarded as sufficient to maintain financial stability." He pointed out that the recent selloff of cryptocurrencies was mainly due to macroeconomic concerns and the deterioration of liquidity conditions. But these factors may improve in the next quarter, providing support for asset prices. "Cryptocurrency prices may reach a bottom in the coming weeks and then rebound to new highs later this year,"

9 minutes ago