Crypto News Today: Market & Trends

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https://www.gate.io/live/video/6e4a2845645e41bb9187c55d9a6f5d70?type=live

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ISesameBlossom

According to the monitoring of on-chain analyst Ember Embers, the overall net outflow of 11 BTC Spot ETF on May 2 was 34.36 million US dollars, corresponding to a net outflow of about 579 BTC from ETF the custody Address after the opening of the US stock market tonight （May 3）:
Outflow: It is estimated that grayscale GBTC will outflow about 926 BTC （corresponding to the outflow of 54.93 million US dollars on May 2）
Inflows: Four ETFs including Ark Invest ARKB saw inflows of about 347 BTC （corresponding to an inflow of $20.57 million on May 2）.
At present, the total number of BTC held by 11 BTC Spot ETF is 818,991 BTC （US$48.59 billion）.

Sunshine_√™

Thank you for having a good activity.

BigData

Just Now

Bitcoin 24H Open Interest is $7.302B，and BTC price is at $59.94K.

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GateUser-8b237d5c

1h ago

#PIZABRC# falls to 0.1-0.2 I pick

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Exkalibur-35

It‘s very difficult, I‘m waiting for 0.3, it doesn‘t even fall there. It‘s very difficult when you think about Bitcoin pizza day ahead of us.

Hihlang

38m ago

#Could BTC break the $60K-$70K range soon? #
Block will allocate 10% of its profits to buy Bitcoin

💲 Jack Dorsey‘s payment firm, Block, has begun dedicating 10% of its monthly gross profit from Bitcoin-related activities to purchasing 🫰 more Bitcoin. This strategy is set to continue through the end of 2024.

In the first quarter, Block‘s gross 💰 profit from Bitcoin transactions reached $80 million, marking a 59% increase compared to the same period in 2023. Should this trend persist throughout the year, the company plans to spend $24 million on 👌 acquiring more Bitcoin.

👀 As per BitcoinTreasuries, the 8,027 BTC on Block’s balance sheet are currently worth $476.9 million, reflecting a 2.17-fold increase on the initial investments made between 2020 and 2021.

It raises questions whether this financial strategy is Linked to an ongoing investigation by the U.S. Federal Prosecution into Block’s financial operations. 🤔

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DavidLe82

BTC today will soon ATH 61k6

Ryak

Thanks for the info!

GoldenOctober2024

Just Now

On May 3, Bank of America strategist Michael Hartnett said that if the jobs report shows weakness, it will be a sign of stagflation, which increases the likelihood of a sell-off in the stock market. According to Hartnett, recent U.S. economic data has been stagflationary because it shows that economic rise is slowing amid high Inflation and labor costs. If Friday‘s data showed that fewer than 125,000 new jobs were created in the U.S. in April, while average hourly earnings rose by more than 0.4% month-on-month, it would be a stagflationary figure and lead to risk aversion. On the other hand, if employment rises by more than 225,000 and average hourly earnings rise by less than 0.2%, this will be interpreted as "Goldilocks return and increased risk sentiment." The recent U.S. stock market pump last month was dampened by the Federal Reserve signaling that it would maintain higher intrerest rates for longer amid rising inflation. And in Hartnett‘s view, the stock market is in a late, long-term Bull Market that Bull Market either bursting with a bubble or ending with a recession.

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Hihlang

29m ago

🏦 The total value of bitcoins stored in the wallets of various states, public and private companies is $175 billion.

💰This value is ~15% of the total capitalization of bitcoin.
#ContentStar# #比特币# #HotTopicDiscussion# #BTC# #BountyCreator# #GateioBountyCreator# #BOME# #GateLive# #NewYear2024#

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**JBCcQB**

Just Now

#ZEUS# Zenima Shitt coins

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**IL1deU**

24m ago

#DOG# dog will be like popcat in the next 3 months hodl and feel the money

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RuneDOGFaucet

Yes from 10 times

LoveYouMoreEveryday

It‘s almost zero

AHyUQDrza

Just Now

#PONKE# will be fall this weekend is my prediction after today

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HsnDgny

1h ago

#ATS# Very soon, everyone will be talking about WATS WALLET

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3StepCloser

WAGMI 💪

LastHoneyBadger

WAGMI 💪

CONANTR

2h ago

#KMNO# resume 💰🚀💰🚀

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🚀💰🚀 Where to sell

10$

100$

47 Participants

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**woEEFQ**

100$

GateUser-a509fc42

Ambush a 100x coin 📈

KatyPaty

21h ago

Answer: C - A - C: 💓💓💓 https://www.gate.io/activities/quiz-challenge-learn?invite_uid=14075684&nk_name=KatyPaty&ch=LearnQuiz_20240418
#HotTopicDiscussion#

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GRAFUNI

answers c,c,c

JOHAR09

Thank you, good luck 🍀

GateNews

Just Now

US 10-year Treasury yield rose by 0.53% intraday to 4.592%.

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BlockchainScam

Just Now

The pullback has just begun, continuing to crash #比特币#

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Ferit81

1m ago

According to PANews, on-chain data analyst Yu Jing predicts a net outflow of around 579 BTC from ETF custody addresses after the U.S. stock market opens tonight. The outflow is expected primarily from the Grayscale （GBTC） source, which is projected to see an outflow of around BTC 926. On the other hand, four ETF, including Ark Invest （ARKB）, are expected to see inflows amounting to around BTC 347.

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CryptoBoss_

1m ago

$ISP bullish pennant breaking out on daily chart🔥

Still $10M mcap , which is extremely undervalued and aligns with all my favorite narratives: #Gaming + # AI

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ℝekt𝔹idding

1m ago

Meme could start running nearing end of May

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BitcoinLeaderV

1m ago

Not your problem
It‘s a matter of the market
Believe in yourself
The Bull Market is not over
This is the second of the five waves of adjustment, and the most violent wave has not yet begun
When the three waves begin, there will be 10x, 50x, 100x coins
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Share a few for free
The small secret circle ambushes a 50 times coin in the short term tonight （see the top subion sect leader VIP into the circle and get rich together）

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