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'Whales are preparing for the next altcoin rally' — CryptoQuant founder
31.7.2024
According to pseudonymous crypto trader Mags, the altcoin market broke out after 525 days of accumulation and will likely resume an uptrend
USDC trading volume soars 48% in July, driven by MiCA, market growth
31.7.2024
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022
Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
31.7.2024
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light...
Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter
31.7.2024
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs
XRP Defies Market Trends; Hits 6-Month High in Wallet Holdings
31.7.2024
On July 31, the cryptocurrency market encountered turbulence, with global market valuations reportedly dropping beneath $2.5 trillion, CoinMarketCap reports. As a result, Bitcoin (BTC) and Ethereum (ETH) recorded slight declines, setting a somber tone. However, XRP took a surprising turn. According...
The Anatomy of a Crypto Bull Market
31.7.2024
Analyzing previous crypto market cycles helps us understand the current one, says Kelly Ye, head of research at Decentral Park Capital
Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’
31.7.2024
We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia
Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop
31.7.2024
While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme fear” back to “greed.” From...
First Mover Americas: Crypto Market Stabilizes After Nursing Losses
31.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely
31.7.2024
The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain...
Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity
30.7.2024
The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp,...
Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday
30.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT...
Tether dominates with $113B post-SVB collapse — IntoTheBlock
30.7.2024
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard
Aave DAO Launches Lido-Specific Market
30.7.2024
Aave Labs has announced the launch of Aava DAO’s Aave V3 ETH Lido pool. It collaborates with Lido Finance sETH and wstETH to provide a more tailored financial solution in the future. Both partners are committed to bringing their capable solutions to the table. For instance, Aave will extend...
What's next for UK crypto regulations after Coinbase's $4.5M fine?
30.7.2024
The FCA’s fine points to a “one-off” enforcement action, not a wider crackdown on the industry, according to a legal expert
Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil?
30.7.2024
On Monday, July 29th, Bitcoin declined by 2.12% following reports that the United States government had transferred $2 billion worth of Bitcoin to newly generated digital addresses. After edging upwards slightly on Sunday, Bitcoin closed the previous session at $66,810. Earlier that day,...
Bitcoin traders flag ‘inflection point’ in key futures market metric as BTC breaks range
30.7.2024
Crypto traders say Bitcoin is at an “inflection point” after BTC’s open interest rises and the cryptocurrency’s price pushes into a new range
7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC
29.7.2024
Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak In recent days, several long-inactive bitcoin...
Bitcoin Pulls Back Sharply After Touching $70K
29.7.2024
In what has been a familiar pattern over the past months, a rally to a key number was met with a wave selling
Hamster Kombat Makes First Debut With OKX Pre-Market Futures
29.7.2024
The well-known crypto exchange OKX has unveiled its new Pre-Market Futures platform. According to the details from the press release, the popular Telegram mini-app game Hamster Kombat’s HMSTR token is taking center stage as the inaugural offering. This launch marks a major milestone in...