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ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs
28.8.2024
On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less...
BNB Chain to grow stablecoin ecosystem with new cross-chain bridge
28.8.2024
BNB Chain will also create a liquidity pool to allow transfers from other chains as part of its efforts to grow its stablecoin ecosystem.
Daily Crypto Update: Market loses steam, and Bitcoin dips 5%
28.8.2024
Tuesday brought a grim outlook for the crypto market as most assets lost immense value. Even the market…
Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
28.8.2024
Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
28.8.2024
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style...
Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
28.8.2024
Bitcoin's price fell to $58,900 while other major cryptocurrencies fell more than 4% late Wednesday
Bitcoin Loses Footing as Price Slips Below $62K Threshold
27.8.2024
Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $20.28 million in bitcoin long positions and $40.29 million in ether longs being liquidated. Crypto Market Stumbles: Bitcoin...
Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’
27.8.2024
Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024
Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
27.8.2024
Bitcoin’s Rough September Price History Raises Questions for 2024
27.8.2024
As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73%...
The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut
27.8.2024
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However...
Centralized Exchanges See $26B in Bitcoin and Ethereum Outflows Since January
27.8.2024
Over the past seven months, data from cryptoquant.com reveals a staggering $26 billion worth of bitcoin and ethereum has been pulled from centralized crypto exchanges. During the same period, trading platforms have seen an influx of $9.1 billion ERC20-based tethers since Jan. 1. Bitcoin...
The Crypto Bull Market Has Created 88K New Millionaires in 2024: Henley Global
27.8.2024
The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires, according to a report by New World Wealth and Henley & Partners
AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence
27.8.2024
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence
Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase
27.8.2024
The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills
Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
27.8.2024
Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
27.8.2024
One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
27.8.2024
One analyst predicts a $150,000 price tag for Bitcoin by the end of 2024; however, other indicators point to increased short-term selling.
This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles
26.8.2024
This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However,...
PayPal's PYUSD stablecoin hits $1B market cap
26.8.2024
PYUSD competes with rivals such as Circle’s USDC and Tether's USDT