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Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
19.8.2024
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance...
Polymarket Open Interest Rebounds as August Set to Challenge July’s Record
18.8.2024
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential...
Bitcoin Dips to $58.13k Despite Trading Volume Surge: Is There Hope for a Rebound in August?
16.8.2024
Bitcoin fell 4.26% to $58.13k on August 16 and $61k on August 13. While BTC often mimics the…
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
12.8.2024
On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing...
Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
12.8.2024
On Sunday, bitcoin slipped below the $60,000 mark and dipped even further beneath the $59,000 range. The leading cryptocurrency touched an intraday low of $58,315, after previously hitting a high of $61,868 earlier in the day. Crypto Crash Course: Long Positions Take a Tumble in Sunday’s...
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
10.8.2024
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum ETFs See Reductions Data from sosovalue.xyz revealed...
Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge
8.8.2024
On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trading volume and price. In the 24 hours leading up to...
Crypto trading volumes surge 19% in July, hitting $4.94 trillion
8.8.2024
With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity
Crypto trading volumes surge 19% in July, hitting $4.94 trillion
8.8.2024
With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity
Robinhood Q2 crypto revenue surges 161% on rising trading volume
8.8.2024
The $81 million Robinhood made in crypto revenue was more than double made from equities in Q2
US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard
6.8.2024
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows...
US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact
6.8.2024
On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $461.98 million, primarily due to significant outflows from...
Bitcoin trading volume recorded post-halving ATH as crypto market bled
6.8.2024
Bitcoin trading volumes reached unprecedented levels amid market turmoil, while crypto hackers capitalized on discounted Ether
US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
6.8.2024
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs
Bitcoin ETF trading volume tops $1B amid crypto crash — Galaxy
5.8.2024
Galaxy’s head of research expects the funds to see inflows as investors buy the dip
Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
5.8.2024
As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million resulted from ETH positions being liquidated. Mass...
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
1.8.2024
Coinbase (COIN) reported second-quarter earnings on Thursday
Crypto.com surpasses Coinbase in trading volume as institutional demand grows
1.8.2024
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs
Crypto.com surpasses Coinbase in trading volume as institutional demand grows
1.8.2024
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs
US Spot Ethereum ETFs Record $77.21M Outflow
1.8.2024
On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction of $133.33 million. Over $77 Million Withdrawn From...