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Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
6.9.2024
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much smaller decline of $152,720. $211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $152K On Sept. 5, bitcoin and ethereum ETFs both took...
Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says
6.9.2024
Digital assets are expected to stay highly correlated with equities amidst the upcoming macro calendar, the report said
Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says
6.9.2024
Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year's peak of $2.67 trillion in March, the report said
Daily Crypto Update: Market Enters Extreme Fear after Constant Dips
6.9.2024
After a constant struggle, the crypto market has now entered a state of extreme fear. The Fear &…
Rare Ape CryptoPunk sells for $1.5M amid market downturn
6.9.2024
CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value
Bitcoin’s Scarcity and Its Impact on Market Price
6.9.2024
Bitcoin, often dubbed “digital gold,” is renowned for its scarcity—only 21 million will ever exist. But how does…
Market Speculation Around Bitcoin Halving Events
6.9.2024
Bitcoin halving is a pivotal event in the cryptocurrency world, dramatically influencing Bitcoin’s supply and, consequently, its price.…
Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%
6.9.2024
Order book liquidity refers to the market's ability to absorb large buy and sell orders without influencing the spot price
Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekend
6.9.2024
Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes calling that it could drop again
Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia
6.9.2024
Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with Russian media, Aksakov stated that these instruments will be considered for such settlements...
Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
5.9.2024
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno...
HNT defies market trend with a 21% surge fueled by Helium ecosystem growth
5.9.2024
A surge in subscribers and hotspots are key factors in HNT’s recent double-digit surge
Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows
5.9.2024
Cryptocurrencies continued their weak trading as recession fears weighed on risk assets ahead of Friday's key jobs data report
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
5.9.2024
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above...
Copper Move $212M Bitcoin & ETH to OKX, Fears of Market Dump
5.9.2024
Institutional custody and brokerage platform Copper has transferred a substantial sum of Bitcoin and Ethereum to cryptocurrency exchange…
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
5.9.2024
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs...
Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk
5.9.2024
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
5.9.2024
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets...
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
4.9.2024
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance...
Why is Ethereum (ETH) price underperforming compared to the wider crypto market
4.9.2024
Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting