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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

Glassnode: Bitcoin has not yet completed its bottoming, with derivatives market sentiment leaning toward cautious bullishness.

Glassnode’s report states that Bitcoin has stayed below key investor holding costs for the past five months and remains in a deep value zone. Selling activity from long-term holders has peaked, while overall Bitcoin spot ETF flows continue to register net outflows. Derivatives market sentiment leans toward cautious bullishness, but options pricing still reflects investors’ concerns about downside risks. Overall, Bitcoin is in the process of bottoming but has not yet completed its bottom formation.

12 minutes ago

Robinhood Wallet has integrated Robinhood Chain, adding support for multi-chain cross-chain bridging.

According to official announcements, Robinhood Chain has now been integrated into Robinhood Wallet, allowing users to perform cross-chain bridging, swaps, and exploration across multiple chains including Solana, Ethereum, Arbitrum, and more within the app.

12 minutes ago

Zhipu surges over 17%

According to Bitget market data, Zhipu (02513.HK) rose more than 17%, currently trading at HK$2,140.

12 minutes ago

Citi forecasts that the Bank of Korea will raise interest rates next week, adding 25 basis points each quarter in the second half of the year.

Citi economist Jin-Wook Kim stated that after the Bank of Korea (BOK) raises its benchmark interest rate from 2.50% to 2.75% at next week’s policy meeting, it may signal a gradual pace of interest rate hikes. He expects the BOK governor to hint at 25 basis point quarterly rate hikes starting in the second half of 2026, while maintaining a data-dependent stance for the first half of 2027 without providing specific guidance. Citi forecasts the BOK will hike rates in July and October this year, and again in January and April next year. Kim added that the BOK may also highlight upside risks to its 2026 growth forecast, citing upward revisions to first-quarter growth and resilient economic activity in the second quarter.

12 minutes ago

Bank of Korea Governor: Interest rates need to be raised at an appropriate time

Bank of Korea Governor Rhee Chang-yong said interest rates need to be raised at an appropriate time. (Jinshi)

12 minutes ago

Block, the parent company of Cash App, has agreed to pay a $45 million settlement over allegations of false security promises.

Block, Inc., the parent company of Cash App, has agreed to pay $45 million to settle allegations from regulators in nearly all U.S. states. Regulators accused the firm of failing to adequately protect users from scams and making misleading statements about Cash App’s security. According to a Wednesday statement from the New York State Attorney General’s Office, Block—led by Jack Dorsey—claimed in marketing that Cash App offers security on par with traditional banks, leading users to believe their funds receive protection similar to bank deposits. Regulators further alleged that Block lacks a unified, effective fraud detection system and failed to provide a working customer service hotline for users to report fraud cases.

12 minutes ago