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QCP Capital: Crypto Rally Extends, Supported by ETF Inflows


Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm reported that bitcoin retested the $64,000 mark, while ether reclaimed $2,500 during the rally....

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand


In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market...

Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts


The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already...

ETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M


According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on Thursday, Ark Invest and 21shares’ ARKB...

Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move


The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an average price of $2,392, with sales occurring...

Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In


Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify...

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy


Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem...

Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days


On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000...

The Maturing Crypto Job Market


Compared to the last bull cycle, the jobs market is slightly less abundant for candidates looking to enter the industry. But professionals with experience are as well-placed as ever, says Emily Landon, founder of The Crypto Recruiters

Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally


Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped...

China’s Anti-Crypto Policies Threaten to Ripple Through Its Gaming Market


Chinese authorities’ recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP’s Hugh Harsono argues that these measures may affect games like Metacene, which has introduced cryptocurrencies as in-game...

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