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Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded


During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day...

April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK


As April concludes, the cryptocurrency industry experienced a significant downturn in combined losses from hacks and scams, reaching the lowest recorded figure. The post April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK appeared first on Cryptonews

Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch


The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded its largest number of daily inflows on Monday, absorbing $404.6 million in funds used to buy more Bitcoin (BTC). The post Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch appeared first on Cryptonews

Bitcoin Withdrawals Near Record as Investors Pull $2 Billion from Exchanges


Bitcoin exchanges recorded a near-record outflow of $2.3 billion, approaching the highest withdrawal rates seen in its history with least Bitcoin assets available in all platforms since 2018. The post Bitcoin Withdrawals Near Record as Investors Pull $2 Billion from Exchanges appeared first...

Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up


The Ethereum network has recorded several gains in the last four months as decentralized activity continues to rise amid institutional inflows.  The post Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up appeared first on Cryptonews

GBTC Records Lowest Daily Outflows Since ETF Conversion


Grayscale’s flagship Bitcoin Trust GBTC has just recorded the lowest daily outflows since it converted to an ETF. According to data posted on X by the research arm of crypto exchange BitMEX, GBTC’s outflow on February 23 was just $44.2 million. Bitcoin ETF Flow – 24 Feb 2024...

Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant


Bitcoin (BTC) has recorded massive growth in price amid institutional inflows this year following spot ETF approval by the United States Securities and Exchange Commission (SEC). The post Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant appeared first on Cryptonews

Sui Network Records $593 Million TVL as Wider Market Taps $72.7 Billion


As bullish pressure ignites, the Sui network recorded a massive spike in transactions and TVL alongside the broader crypto market. New market data from decentralized finance (DeFi) on-chain analytics firm DeFiLlama shows an uptick in volumes from different metrics in the Layer 1 network. On Feb...

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