Cointime

Cointime

Download App
iOS & Android
Home / Point

ETH falls below $3,500

The market shows that ETH has fallen below $3,500 and is now trading at $3,499.59, with a daily decline of 0.16%. The market is fluctuating greatly, so please be prepared for risk control.

ETH
Comments

All Comments

Recommended for you

  • Bitwise CEO warns that ETHW is not suitable for all investors and has high risks and high volatility

    Hunter Horsley, CEO of Bitwise, posted on X platform that he was happy to see capital inflows into Bitwise's Ethereum exchange-traded fund ETHW, iShares, and Fidelity this Friday. He reminded that ETHW is not a registered investment company under the U.S. Investment Company Act of 1940 and therefore is not protected by the law. ETHW is not suitable for all investors due to its high risk and volatility.

  • Musk said he liked the "WOULD" meme, and the related tokens rose 400 times in a short period of time

    Musk posted a picture on his social media platform saying he likes the "WOULD" meme. As a result, the meme coin with the same name briefly surged. According to GMGN data, the meme coin with the same name created 123 days ago surged over 400 times in a short period of time, with a current market value of 4.5 million US dollars. Reminder to users: Meme coins have no practical use cases, prices are highly volatile, and investment should be cautious.

  • Victory Securities: Funding Rates halved and fell, Bitcoin's short-term direction is not one-sided

    Zhou Lele, the Vice Chief Operating Officer of Victory Securities, analyzed that the macro and high-level negative impact risks in the cryptocurrency market have passed. The risks are now more focused on expected realization, such as the American entrepreneur Musk and the American "Efficiency Department" (DOGE) led by Ramaswamy. After media reports, the increase in Dogecoin ($DOGE) was only 5.7%, while Dogecoin rose by 83% in the week when the US election results were announced. Last week, the net inflow of off-exchange Bitcoin ETF was US$1.67 billion, and the holdings of exchange contracts and CME contracts remained high, but the funding rates halved and fell back, indicating that the direction of Bitcoin in the short term is not one-sided, and bears are also accumulating strength.

  • ECB board member Villeroy: Falling inflation allows ECB to cut interest rates

     ECB board member Villeroy de Galhau said in an interview that the decline in inflation allows the ECB to lower interest rates. In addition, the slow pace of price increases compared to average wages is also a factor in the rate cut. Villeroy de Galhau emphasized that the ECB's interest rate policy decision is independent of the Fed. Evidence shows that the ECB began to lower interest rates in early June, while the Fed lowered interest rates three months later. With the decline in inflation, we will be able to continue to lower interest rates. Currently, the market generally expects the ECB to cut interest rates by 25 basis points at the next meeting in December, but weaker data increases the possibility of a 50 basis point cut.

  • State Street warns Bitcoin craze could distract gold investors

    George Milling-Stanley, the head of gold strategy at Dominion Bank, warned that the rise of Bitcoin may mislead investors to overlook the stability of gold. He believes that Bitcoin is more like a return-driven investment, while gold provides long-term stability. He also criticized Bitcoin promoters for misleading the market by using the term "mining," and believes that gold is still a more reliable investment choice.

  • Rich Dad Poor Dad author strongly supports Michael Saylor’s BTC strategy

    Robert Kiyosaki, the author of "Rich Dad Poor Dad," expressed strong support for Bitcoin and Microstrategy CEO Michael Saylor's BTC strategy on X this week. Kiyosaki quoted Saylor's prediction that BTC would reach $13 million and said, "I believe he's right, he's a smart man." He also pointed out that if Saylor's prediction is correct, buying 0.01 BTC at today's price could potentially make investors millionaires in the future and advised to buy in a timely manner.

  • Elon Musk confirms X is preparing to launch a remittance feature in its X Payments service

    On November 24th, Elon Musk confirmed that X is preparing to launch a remittance function in its X Payments service in response to a social media post by podcast giant Joe Rogan showing a dollar sign icon in his personal profile. The feature is part of Musk's strategy to transform X into a "super app" similar to WeChat. X Payments LLC has obtained remittance licenses in most US states (excluding New York), laying the foundation for integrating payment services on the platform. The planned peer-to-peer transaction feature aims to increase user engagement by enabling direct remittances within the platform. Although details about potential integration of crypto assets have not been confirmed, given Musk's longstanding support for Dogecoin, the community speculates that the cryptocurrency may be included.

  • Robinhood Chief Legal Officer Dan Gallagher Says He Won't Become SEC Chairman

    According to market news, Dan Gallagher, the Chief Legal Officer of Robinhood, stated that he would not serve as the Chairman of the US Securities and Exchange Commission.

  • U.S. Supreme Court rejects Facebook's attempt to avoid shareholder securities fraud lawsuit

     US Supreme Court rejected Facebook's attempt to avoid shareholder securities fraud lawsuits under the META umbrella.

  • ETH falls below $2,600

    Golden Finance reported that the market shows ETH has fallen below $2,600 and is currently trading at $2,597.2, with a 24-hour decline of 1.75%. The market is fluctuating greatly, so please be prepared for risk control.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company