• Notifications Markets & Prices
      View more
    • Language & Exchange Rate Switch
    • Preference Settings
      Rise/fall colour
      Time of the change range (from - to)
    Gate.io Blog

    Your Gateway to crypto news and insights

    • Gate Blog
    • Latest Posts
    • Guide
    • Interviews
    • Profession Information
    Gate.io Blog Daily Flash | Bitcoin and Tech Stocks Surge Despite Fed Chairs Remarks, Alameda Surrenders Shares of Voyager
    Hotspot

    Daily Flash | Bitcoin and Tech Stocks Surge Despite Fed Chairs Remarks, Alameda Surrenders Shares of Voyager

    24 June 09:10


    Today's Headline - Bitcoin and Ether Surge After Fed Chair's Defiant Remarks: CoinDesk report



    Bitcoin was recently trading at about $21,100, a more than 5% increase over the past 24 hours that helped the largest cryptocurrency regain much of the ground lost the previous day. Ether, the second largest crypto by market cap, was changing hands over $1,140, an 8% gain.

    The tech-focused Nasdaq, which has increasingly predicted digital assets' performances, rose 1.6%, while the S&P 500, which contains a heavy tech component, climbed almost a percentage point after a second day of testimony by U.S. central bank Chair Jerome Powell, whose defiant tone about inflation and frank acknowledgement that the Fed's monetary hawkishness might lead to a recession soothed markets craving clarity.



    Chart of the Day - Top Investments of Tier 1 Funds by Current ROI



    Tier 1 investment funds are known for their ability to find gems and make huge profits. Take a look at some their most profitable deals.



    Influencer of the Day - Michael Saylor goes full maxi, slamming everything that isn’t Bitcoin



    Speaking to the founder of technical analysis platform Northman Trader, Saylor told Sven Henrich that a “parade of horribles” is weighing down on Bitcoin, and regulators must act accordingly.

    In explaining one of the “parades of horrible,” Saylor turned to altcoins and said only Bitcoin is a commodity because it has no issuer. He added that the 19,000 other cryptos are unregistered securities. The result is a multi-hundred-billion “cloud” trading without fair disclosure that is “cross-collateralized” with Bitcoin.



    Buzzes of Yesterday - #Shopify unveils tokengated commerce, #Alameda Surrenders Shares of Voyager




    Alameda Ventures Surrenders Shares of Voyager Digital Ltd





    Shopify unveils tokengated commerce as part of new connect-to-consumer experience





    ECB head calls for separate framework to regulate crypto lending





    Meta set to begin testing NFTs on Instagram Stories with Spark AR





    US Congressional hearing on digital asset regulation focuses on disclosure





    Ripple v. SEC: Major Court Decisions That May Make Direction of Lawsuit Imminent





    Chainalysis Launches 24/7 Hotline for Crypto Crime Victims





    dYdX moves to Cosmos-based blockchain for v4





    Uniswap Labs has acquired Genie, the first NFT marketplace aggregator






    Author: Gate.io Researcher Peter L.
    This article represents only the views of the researcher and does not constitute any investment advice. Gate.io reserves all rights to this article.
    Reposting the article will be permitted provided Gate.io is referenced.
    In all other cases, legal action will be taken due to copyright infringement.
    ETH + 9.23%
    BTC + 5.95%
    XRP + 2.70%
    DYDX + 25.01%
    UNI + 11.92%
    Share with:
    Claim 20 Point now
    Exclusively for Newcomers: complete 2 steps to claim Point immediately!

    🔑 Register an account with Gate.io

    👨‍💼 Complete KYC within 24 hours

    🎁 Claim Point Rewards

    Claim now
    gate.io APP

    gate.io APP 2.0

    gate.io APP 2.0
    Download
    language and region
    exchange rate

    Select language and region

    • 简体中文
    • English
    • Tiếng Việt
    • 繁体中文
    • Español
    • Русский язык
    • Français
    • Deutsch
    • Português (Portugal)
    • ภาษาไทย
    • Indonesia
    • Türkçe
    • 日本語
    • عربي
    • Українська
    • Português (Brasil)
    • Nederlands