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Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK
20.6.2024
According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local Report Claims On June 20, 2024, NHK reported that...
ASX’s first Bitcoin ETF taps $1.3M volume on first trading day
20.6.2024
The first Bitcoin ETF on Australia’s main stock exchange traded 96,476 shares throughout the day
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
20.6.2024
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before
QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums
19.6.2024
On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders...
US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M
19.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative total net inflows to $14.81 billion. Grayscale, Fidelity, and Bitwise Drive Tuesday’s...
Stablecoin transfer volume increased by 16x during past 4 years
19.6.2024
Increased stablecoin usage could be a sign of growing crypto adoption for a maturing industry
Brazil’s tax dept to summon info from foreign crypto exchanges: Report
19.6.2024
The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax
US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday
18.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17. Fidelity’s FBTC and Ark Invest’s ARKB Among...
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
17.6.2024
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...
Ethereum Technical Analysis: ETH Faces Mixed Signals Amid Short-Term Downtrend
17.6.2024
On June 17, 2024, ethereum is priced at $3,521, fluctuating between $3,495 and $3,645 over the past 24 hours. Ethereum On the 1-hour chart, ethereum’s (ETH) recent high is $3,652, and the low is $3,484. The trend has been bearish following the peak on June 21, characterized by increased...
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
14.6.2024
Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto asset’s market capitalization is $1.31 trillion, and the 24-hour trading volume is $23.92 billion. Technical analysis across multiple time frames indicates...
Meme Coin Economy Gains $4 Billion Capital Injection Ahead of Fed Meeting
12.6.2024
The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly $4 billion injected over the last 12 hours. Several meme tokens experienced substantial gains, with BENJI rising 36.9%, MAGA increasing 23.2%, and the runes-based DOG gaining 22.1%....
Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M
10.6.2024
CoinShares believe the turnaround is due to "weaker than expected macro data in the U.S."
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
9.6.2024
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below...
The Memecoin Frenzy Has Ignited a Scalability Arms Race
9.6.2024
Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group...
Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames
7.6.2024
Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9% this week, 5.6% over the past two weeks, and 14.4%...
Ether futures open interest and options trading volume at all-time high - are bulls at risk?
6.6.2024
Ether implied volatility has experienced a notable surge following spot Ether ETF approval news
Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
5.6.2024
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May
Centralized crypto exchange trading volume falls to $5.2T in May
5.6.2024
Trading volumes on CEXs have somewhat subsided after topping $9 trillion in March
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
4.6.2024
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s Price Stabilizes Above $70,000 Bitcoin remains...