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QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles
10.8.2024
QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising concerns about its current market standing....
NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks
10.8.2024
Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) sales experienced a 6.29% increase from the previous week, hitting a total of $95.42 million. However, the number of participants in the NFT market saw a sharp decline, with buyers dropping by 86.34% and sellers by 77.25%. NFT Market Sees...
VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist
10.8.2024
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
10.8.2024
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored...
New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’
9.8.2024
A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main...
Increasing Ethereum network use strengthens the case for ETH price rally to $3K
9.8.2024
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000
Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum
9.8.2024
Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval. Ripple’s USD-Backed Stablecoin Enters Beta Phase...
Ethereum Shows Bullish Momentum Amid Market Volatility; Can ETH Hit $3K?
9.8.2024
With the volatility in the markets, Ethereum (ETH) has been on a rollercoaster ride as its price has…
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
9.8.2024
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
9.8.2024
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies
Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
9.8.2024
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels
US Bitcoin ETFs Soar With $192M Boost; Ethereum ETFs Record Modest Loss
9.8.2024
The latest figures from U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) reveal another contrasting shift. Bitcoin ETFs welcomed $192.56 million in inflows, while their ethereum counterparts saw around $2.87 million in net outflows. Blackrock’s IBIT Leads Inflow Gains On Thursday...
Vitalik Buterin moves $8M Ether to new wallet — Possible donation ahead?
9.8.2024
The Ethereum co-founder has a history of making billion-dollar cryptocurrency donations
Why is Ethereum losing market share to Bitcoin?
8.8.2024
Ethereum’s underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs
Why is Ethereum losing market share to Bitcoin?
8.8.2024
Ethereum’s underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs
Why is Solana (SOL) price up today?
8.8.2024
Solana price is up today as the wider crypto market recovers and analysts focus on SOL’s outperformance versus ETH
Why is Solana (SOL) price up today?
8.8.2024
Solana price is up today as the wider crypto market recovers and analysts focus on SOL’s outperformance versus ETH
Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders
8.8.2024
The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per coin. This rapid climb on Aug. 8 resulted in $212.59 million in derivatives liquidations across the entire crypto...
ETH Lags as Crypto Markets Recover Post BOJ Rate Hike Hiatus
8.8.2024
The cryptocurrency market is showing signs of recovery following reassuring comments from the Bank of Japan (BOJ). However,…
Daily Crypto Update: Bitcoin stabilizes while Ethereum falls
8.8.2024
The crypto market is experiencing constant fluctuations among the leading cryptocurrencies. Bitcoin has finally found a stable footing,…