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Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2
27.7.2023
The standard bitcoin futures contract on CME is equivalent to 5 BTC, while the micro contract is sized at one-tenth of 1 BTC
Deribit's Bitcoin volatility index hits lifetime lows, hinting sideways action
25.7.2023
The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021
AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines
24.7.2023
In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in value. Yet, it has since experienced a downturn of $1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S. dollar. Downturn Hits AI Crypto Market Once...
Tesla’s Bitcoin Portfolio Remains Unchanged at $184M for Third Straight Quarter: Q2 2023 Report
20.7.2023
Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has maintained a digital asset portfolio worth approximately $184...
XRP Futures Set Open Interest Record High for 2023
19.7.2023
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours
Bitcoin ETPs Witness Record-Breaking Monthly Inflows: K33 Research
19.7.2023
Meanwhile ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC
Bitcoin Dominates as Crypto Products Record Largest Consecutive Inflows Since 2021
17.7.2023
Bitcoin (BTC) once again stood out as the top target for investments from traditional fund investors last week, the latest report from crypto research and investment firm CoinShares has revealed.
According to the report, crypto-backed investment funds overall saw $137 million of inflows for...
Litecoin on the Brink of Third Halving: Record Hashrate and Profitable Mining Despite 17% Value Dip
17.7.2023
In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of hashrate to the Litecoin blockchain as the critical...
Buying the dip? Record 3.8% of the Bitcoin supply last moved at $30.2K
16.7.2023
Bitcoin on-chain data confirms the significance of $30,000 as a point of interest for BTC accumlation
Cathie Wood's Ark Invest Sells $53 Million Coinbase Shares Amid Record Highs
15.7.2023
Cathie Wood’s Ark Invest sold 478,356 Coinbase shares valued at $53 million on Friday as the crypto exchange’s stock prices reached a 52-week high.
This is the second time Cathie Wood-led investment management firm offloaded Coinbase shares within a week.
As reported earlier, Ark Invest sold...
Team Fortress 2 Hits New Player Record After Big Update
13.7.2023
Team Fortress 2 got a big content update yesterday, July 12, and it’s got players flocking to the hero shooter in such numbers that a new concurrent player record has just been set for the game, 16 years after it first released.Read more
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country
11.7.2023
According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with soaring prices for goods and services across...
Sam Altman's Worldcoin ID Flourishes in Spain, Sets Record as Fastest Growing Market in the EU
10.7.2023
Spain just marked the largest operational market in Europe for Sam Altman’s Worldcoin, following the project’s expansion in the country.
Worldcoin decided that Spain should be the next market to gain access to its World ID — a privacy-preserving Proof of Personhood protocol.
In addition,...
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
Blackrock Seeks to Democratize Crypto — CEO Says Bitcoin Can Hedge Against Inflation, Currency Devaluation
7.7.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, says bitcoin is an international asset and crypto can be used instead of gold to hedge against inflation, the onerous problems of any country, as well as currency devaluation. Blackrock, which has a near-perfect track...
'AI Jobs' Search Hits Four Times Higher than 'Crypto Jobs' During Bitcoin's Record High
6.7.2023
The rise of artificial intelligence (AI) has outshined the once dominant crypto narrative, a new study shows.
The study, conducted by analyzing Google Trends data, compared the search interest in AI and crypto jobs to provide insights into the levels of interest in these sectors.
It found that...
ICT Spring 2023: Celebrating a record-breaking year!
4.7.2023
With over 4000 Springers attending the two days, the largest Tech Conference of the Greater Region, ICT Spring, had a record-breaking year, which thrilled Luxembourg last June 29 and 30. Bringing professionals and experts from worldwide together, the event offered a unique moment of sharing...
Nigeria Currency Presently Undervalued Says Bank of America Analysts
4.7.2023
According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. The analysts assert that higher oil revenues and a liberalized import regime will likely see Nigeria record current account surpluses in the medium...
Ether options soar: CME hits record open interest
3.7.2023
A significant event has occurred in the cryptocurrency market: open interest in the CME’s ether options market has increased dramatically, establishing a new record. This milestone demonstrates that traders and investors are paying more attention to and engaging in ether options trading....