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Niche boutique project, Last Memories ($GEEK) may have 10x growth potential
远山洞见·2024/10/09 06:05
Daily BTC Market Briefing | Explore the Future of Crypto and Seize Market Opportunities
3Friends·2024/10/08 07:10
BGB Price Volatility Statement and Compensation Plan
Bitget Announcement·2024/10/08 05:56
![Bitget Daily Morning News | Fan token sector sees strong rise, on-chain Meme popularity remains high [8 October]](https://img.bgstatic.com/multiLang/web/fe6100130ffcab6fe8a68393f366391a.png)
G7 countries to implement robust measures to safeguard AI competition
FN资讯精选·2024/10/07 04:18
This week's macro outlook: Fed meeting minutes and CPI data are about to be released
FN资讯精选·2024/10/07 03:04
Tokens such as EIGEN, OP, and ENA will undergo significant unlocks this week
金色财经·2024/10/07 02:39
Flash
- 11:58US Senator: Banks’ “Operation Choke Point 2.0” Against the Crypto Industry ContinuesChainCatcher News, U.S. Senator Cynthia Lummis commented on the X platform regarding banking giant JPMorgan's unexplained closure of the personal account belonging to Jack Mallers, CEO of bitcoin financial company Strike. She stated: "Operation Chokepoint 2 against the crypto industry by banks is still ongoing. Actions like those of JPMorgan undermine people's confidence in traditional banking while pushing the digital asset industry overseas."
- 11:46Alibaba U.S. stocks rise over 5% in pre-market tradingJinse Finance reported that Alibaba's US stocks rose more than 5% in pre-market trading. The company's second-quarter revenue exceeded expectations, with its two core businesses, AI+Cloud and Consumer, continuing to achieve strong growth.
- 10:59Analysis: Bitcoin Sharpe Ratio Has Fallen Below 0, Possibly Signaling a Major BottomAccording to ChainCatcher, citing CryptoQuant data, Bitcoin's Sharpe ratio has fallen below 0, reaching its lowest level since the FTX collapse. In addition, the chart shows that periods when the Sharpe ratio drops to zero or near zero often coincide with Bitcoin price bottoms or major reversals. The Sharpe ratio is an indicator that measures the relationship between investment returns and risk. A Sharpe ratio close to zero usually means that price volatility is high, but returns are insufficient to compensate for the risk. This often occurs at market bottoms or during capitulation phases.