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Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
4.10.2024
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...
Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively
4.10.2024
The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot...
Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
4.10.2024
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices
Coby Meme Coin Outpaces the Market: Surges Over 500% in 24 Hours
4.10.2024
The cryptocurrency market witnessed another meme coin frenzy as Coby (COBY), a Solana-based meme coin, surged over 500%…
Daily Crypto Update: Market Shows Fear as Cryptos Lose Value
4.10.2024
The crypto industry started on a bearish note in October and continues the pattern. The Fear and Greed…
Man turns $88K into $415M with Tesla, then sues after losing it all
4.10.2024
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader
‘Uptober’ Turns ‘Octobear’? Crypto Market Bleeds $200 Billion Since October
4.10.2024
The month of October began with social media slogans of ‘Uptober’, but turns out it has now turned…
Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
4.10.2024
Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles.
Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops
3.10.2024
Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September
Binance's Crypto Market Share Sinks to 4-Year Low
3.10.2024
While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com's surged over 40%
Bitcoin investors in ‘better position’ as onchain metrics signal market shift — Glassnode
3.10.2024
Despite this week’s sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market
Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
3.10.2024
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders...
Binance derivatives market share shrinks to 2020 levels as CEX trading slumps
3.10.2024
While Binance and other centralized exchanges saw activity decline in September, Crypto.com witnessed its trading volume reach an all-time high
Election Fever Pushes Polymarket to $533M in September, Setting New Records
3.10.2024
Polymarket hit new milestones in September, with trading volume climbing to $533.51 million, exceeding August’s $472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $533M...
Transak secures Alabama license, expands US crypto services
3.10.2024
The Alabama Money Transmitter License marks a major milestone in Transak’s US growth as it works toward full state-level coverage
Spot Bitcoin ETFs Suffer $91.76M Loss as Ethereum ETFs Rebound
3.10.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above...
Binance warns of crypto market risks from overvaluation, centralization
3.10.2024
A Binance report flags the dangers of inflated valuations and centralization of token ownership, warning of potential destabilization if unchecked
AI tokens lose $4.69B market cap in 3 days — When UPtober?
3.10.2024
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline
Daily Crypto Update: Market Hits “Fear” As Bitcoin Drops to $61k
3.10.2024
The crypto market has entered a bearish phase, with top assets losing value. According to Cointree, the Fear…
Bitcoin traders stress 'bullish' market while BTC price threatens $60K
3.10.2024
BTC price support may be at risk of a breakdown, but Bitcoin market perspectives see "bullish market structure" prevailing