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Bitcoin price drops below $59K as institutions stop buying stablecoins
12.8.2024
Bitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%
2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%
11.8.2024
It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period. Crypto’s Year-to-Date Gainers...
Bitcoin new addresses hint at ‘renewed interest’ from retail investors
9.8.2024
Retail investors could be coming back into the market after a recent upward trend in new Bitcoin addresses
TON Climbs 10% Ahead of Binance Listing
8.8.2024
The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against the U.S. dollar. Currently, TON is trading within a range of $5.36 to $6.41 over the past day, making it...
US Spot Bitcoin ETFs Record $45M Inflows as Ether ETFs See $24M Outflows
8.8.2024
U.S. spot bitcoin exchange-traded funds (ETFs) reported inflows on Wednesday, while spot ether ETFs experienced net outflows. Data reveals that 12 spot bitcoin ETFs collectively gained $45.14 million, whereas $23.68 million exited ethereum ETFs. Spot Bitcoin ETFs Gain, While Ethereum ETFs Shed...
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
7.8.2024
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data...
Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall
5.8.2024
Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against the U.S. dollar. While these losses are notable, some digital currencies have fared even worse, with only a handful managing to buck the trend. Dozens...
Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
5.8.2024
Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq...
Bitcoin dips below $50K: Crypto market crashes 17%
5.8.2024
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion
Amber Group calls for transparency after ZKX shutdown
4.8.2024
The ZKX team’s shutdown serves as a reminder of the critical role that transparency and accountability play in the success and stability of cryptocurrency projects
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
Sen Lummis bill gains swift support with 2,200 letters sent
3.8.2024
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
1.8.2024
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During...
Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises
29.7.2024
Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over...
Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K
29.7.2024
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely...
Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
27.7.2024
Based on the present rate of outflows, ETHE's ether reserves may be exhausted in a relatively short timeframe, potentially within weeks
Grayscale Ethereum Trust ETF net outflows hit $1.5B
27.7.2024
Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks
Grayscale Ethereum Trust ETF net outflows hit $1.5B
27.7.2024
Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks
Bitcoin price could hit $63K amid $3.9B futures expiry
26.7.2024
Bitcoin needs to hold above the $65,000 mark for more upside, while Ether price is weighed down by a sell-the-news event, according to analysts
Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs
24.7.2024
On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves into the implications and insights surrounding...