Fed


Bitcoin Gives Up Gains, Returns to $26K Ahead of Fed's Jerome Powell at Jackson Hole
The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
Coindesk·2023/08/24 08:46
Flash
04:12
Prominent Trader: If Bitcoin Fails to Hold $60,000, $54,000 Could Be the Next Support LevelBlockBeats News, June 10th, Renowned trader Killa (@KillaXBT) posted an update on market outlook, stating that if Bitcoin holds above the quarterly low of $60,037, it may rebound to the quarterly open of $68,185; if not, it could indicate a move to the CME gap at $54,111.
Furthermore, the next potential support to the downside is the July 2024 low of $49,302.
Killa, as a BTC-focused quantitative trader, had previously predicted the peak of this bull market in May 2025 and has over 180,000 followers on Platform X. In mid-April, he shorted Bitcoin at $74,688.
03:54
Uniswap Founder: Claude Fable 5 Network Security Query Limit is a "Bad Decision"BlockBeats News, June 10th, Uniswap founder Hayden Adams expressed his opposition to the security sandbox mechanism introduced by Claude Fable 5, a new model under the AI company Anthropic. He pointed out, "Fable 5's security protection mechanism will detect and intercept requests related to cybersecurity, which is a terrible decision. Legitimate requests aimed at strengthening and defending systems (white hat) are likely to be indistinguishable from malicious requests from black hat hackers at a fundamental logic level."
02:46
Ansem: Seasonal Factors Combined with CPI Will Cause Continued Correction in US Stocks, But Not an Immediate Shift from Tech Stocks to CryptoBlockBeats News, June 10th, Cryptocurrency KOL Ansem stated that the upcoming CPI data, next week's first FOMC meeting under Powell, and the dot plot overlaying the stock market's sustained strength and summer seasonal factors may trigger a risk-off market and establish a bottom in the coming months.
Ansem also believes that there will be no rotation of funds from tech stocks to BTC or ETH at the moment, and specifically mentioned that MSTR stock is extremely weak with insufficient support below.
This morning, Ansem stated that he shorted ETH at $1640, plans to add to his position in the $1680-1700 range, with a stop-loss at $1735.