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Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode

10.9.2024
Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal.

Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst

10.9.2024
Bitcoin (BTC) was rising on Tuesday as the crypto market continued its rebound from last week's fear-inducing plunge

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

10.9.2024
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin...

Crypto Retail Market Is Poised for a Rebound: Gemini

10.9.2024
Crypto adoption has remained steady in the U.S. and the U.K. in the past two years, the report said

Indonesia’s licensing regime sparks ‘monopolistic’ market concerns

10.9.2024
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia's crypto ecosystem.

Daily Crypto Update: Market Regaining Value among Traders

10.9.2024
Following a disappointing weekend, Monday gave a sighed comfort to crypto traders. Bitcoin, Ethereum, Solana, and several other…

Market Maker Wintermute Holds 0.5% of Total Supply of $NEIRO

10.9.2024
The popular memecoin based on Ethereum, $NEIRO now has found the leading algorithmic crypto trading firm, Wintermute as…

Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein

10.9.2024
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency...

Bitcoin Retakes $57K, but Potential Positive Catalysts Are 'Sparse,' Says NYDIG

9.9.2024
The world's largest crypto is bouncing after tumbling below $53,000 at one point last Friday

Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says

9.9.2024
QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price...

Weekly Crypto Market Roundup: Top Gainers and Losers Revealed

9.9.2024
This week saw notable movements in the crypto market, with some assets experiencing significant gains while others faced steep declines. The total market capitalization of the cryptocurrency market currently stands at $1.96 trillion, reflecting a 1.53% increase from the previous week. Let’s...

Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days

9.9.2024
In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume...

Ethereum Technical Analysis: ETH Faces Pivotal Resistance

9.9.2024
On Sept. 9, 2024, ethereum’s price hovers at $2,309 as it struggles to break free from a strong downtrend, observed across multiple timeframes. The market reflects uncertainty, with oscillators showing mixed signals and moving averages signaling a bearish outlook. While there are signs...

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

9.9.2024
On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery...

Daily Crypto Update: Market Shows Signs of Relief over Weekend

9.9.2024
The weekend was a relief to the crypto market, particularly among the top cryptos. According to Cointree, the…

Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups

9.9.2024
According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be diverting funds away from crypto startups. The director suggested that the diminished investor interest, even with a rising crypto market, supports this assertion....