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

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Relevant content

Expectations of a Federal Reserve interest rate hike next month have edged up.

Market pricing indicates that expectations of a Federal Reserve rate hike have slightly risen, after U.S. government data revealed the Fed’s key inflation gauge rose 3.7% year-on-year in July, slightly exceeding economists’ forecasts. Interest rate futures data shows that following the data release, the market estimates the probability of a Fed rate hike in September at around 42%, up from roughly 36% before the data was published. (Jin10)

4 minutes ago

MiniMax: The company's annual recurring revenue exceeded $800 million in August.

MiniMax disclosed at its mid-2026 performance meeting that its token consumption in July reached 20 times the level of January, Q2 revenue rose 81.8% quarter-on-quarter compared to Q1, and its August annual recurring revenue (ARR) further increased to over $800 million.

4 minutes ago

The U.S. July core PCE price index rose 3.3% year-on-year, in line with expectations.

U.S. July core PCE price index rose 3.3% year-over-year, matching the 3.30% consensus estimate and the prior reading of 3.30%. The July core PCE price index posted a 0.2% month-over-month increase, in line with the 0.20% forecast, up from the prior 0.10%.

4 minutes ago

U.S. Q2 real GDP matches initial estimate, meets expectations.

The U.S. revised annualized quarterly real GDP for the second quarter came in at 1.5%, matching the initial estimate and meeting market expectations.

4 minutes ago

U.S. headline PCE was unchanged from the previous month, coming in above expectations.

U.S. July PCE Price Index year-over-year rate came in at 3.7%, unchanged from the prior month, while market expectations had been a slight dip to 3.6%. The U.S. July core PCE Price Index year-over-year rate stood at 3.3%, matching both the market forecast and the prior reading of 3.30%.

4 minutes ago

A prominent trader says that if Bitcoin breaks through $83,000, it could trigger a short squeeze that would push the cryptocurrency to $95,000.

Well-known trader Killa stated that based on higher time frame structures, he is roughly 80% confident Bitcoin has formed a bottom. However, strictly following technical confirmation standards, the current trend has not yet fully shifted, as BTC has failed to reclaim and hold above the $83,000 high on the weekly timeframe. $83,000 is the key level to confirm a substantial trend reversal. If Bitcoin breaks above this range and secures market acceptance, traders should avoid blindly shorting subsequent rallies, as bears could face significant short squeezes that push prices toward $95,000. In the short term, he anticipates the market will remain range-bound.

4 minutes ago

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