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If Ethereum drops below $4300, the aggregated long liquidation on major CEXs will reach $9.11 billion.

2 hours ago

On September 16th, according to Coinglass data, if Ethereum falls below $4300, the cumulative strength of long liquidation on mainstream CEXs will reach $911 million. Conversely, if Ethereum surpasses $4500, the cumulative strength of short liquidation on mainstream CEXs will reach $661 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, that is, strength. Therefore, the liquidation chart shows to what extent the price of an asset will be impacted when it reaches a certain level. Higher "liquidation bars" indicate that when the price reaches that level, a more intense reaction will occur due to a liquidity cascade.
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Analyst: If the Federal Reserve confirms multiple rate cuts, the price of gold may reach new heights

On Tuesday, September 17th, driven by the weakening of the US dollar and the market's clear anticipation of a Fed rate cut, the price of gold once surged and broke through $3700 per ounce, reaching a historical high. Exness strategist Eric Chia stated, "If the Fed's policy guidance fails to meet the market's expectations for a dovish stance, gold may face short-term selling pressure. Nevertheless, as long as the Fed confirms multiple rate cuts, it will provide support for the upward trend of gold prices and potentially drive it to reach a new all-time high." In addition, continuous gold purchases by central banks, the inflow of gold ETF (Exchange-Traded Fund) funds, and the escalating geopolitical tensions have increased the market's demand for safe-haven and inflation-hedging assets, all of which have jointly supported this rise in gold prices. (Jin10)

4 minutes ago

Movement Labs has officially transitioned to an L1 blockchain and has simultaneously launched Move 2.0.

On September 17th, Movement Labs has undergone a formal transformation into an L1 blockchain in order to enhance performance, support native staking, and launch Move 2.0.

4 minutes ago

Bitcoin Experiences Short-Term Spike, Reaching $116,000

On September 17th, based on HTX market data, Bitcoin witnessed a short-term spike reaching $116,000 and is now pulling back to $115,800, with a 24-hour percentage change of 0.98%.

4 minutes ago

STBL Surges Over 550% in 90 Minutes, Market Cap Reaches $87 Million

On September 16th, based on official figures, since it was listed on Binance Alpha, STBL has witnessed a surge of more than 550%, and its market capitalization is $87 million. The current on-chain holder count has reached 3,275, with the fully diluted value (FDV) standing at $1.813 billion.

4 minutes ago

A certain new address recently accumulated 900.34 BTC, worth approximately $103.62 million.

On September 16th, as monitored by Onchain Lens, in the past two days, a newly established wallet address withdrew 900.34 Bitcoins from OKX, with an approximate value of $103.62 million. Address: bc1pca7qy0xggqxd8wzergq2rf68zg9we6e0x9hda7zzzqwccd0jeh0q7r62np.

4 minutes ago

The Trump Family's American Bitcoin rang the bell and went public on the Nasdaq today

On September 16th, the Bitcoin mining firm American Bitcoin owned by the Trump family ($ABTC) has now rung the bell to mark its listing on Nasdaq. Previously reported by BlockBeats that on September 3rd, the Bitcoin mining firm American Bitcoin owned by the Trump family applied to raise up to $2.1 billion through a market price issuance. American Bitcoin, which is set to be listed this Wednesday, will officially make its debut on the Nasdaq Stock Exchange after completing its merger with Gryphon Digital Mining. After the merger, Donald Trump Jr, Eric Trump, and the mining firm Hut 8 will jointly own 98% of the shares of the new entity. The new entity will retain the name American Bitcoin and trade under the stock symbol ABTC.

4 minutes ago

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