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Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion


As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $584 million...

Top 10 TON Chain Coins Reach $20 Billion in Combined Value


Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market...

Ethereum long-term holders reach a record high


The Ethereum chart showcases the distribution of Ethereum over different periods and it denotes altering trends in investor behaviour. According to the information available from the chart, a vital amount of Ethereum acquired during the 2021-2022 time period is being held even now. Short-term...

Enjin and George Murphy expand musical reach through NFTs and RWAs


Enjin has announced a partnership with George Murphy and The Rising Suns. The objective is to expand the reach to a billion users of NFT via the Enjin ecosystem. This marks the first time for George Murphy as he ventures into the segment of non-fungible tokens. They will collectively work to offer...

Study: Ordinals and Runes Reach $1 Billion Market Cap


In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling...

Ethereum Funds reach record inflows, highest since March


Ethereum investment products have received record inflows, with the latest installment being higher than those recorded since March 2024. According to CoinShares’ latest report, these funds have attracted $69 million in the past week. This increase in investment proves that the market...

Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations


Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets against bitcoin. Bitcoin Faces Bearish Sentiment From Hedge Funds...

Cardano enters a new Argentine partnership; will ADA reach $0.5?


Cardano recently shook the crypto market by signing an official partnership with Argentina. This development marks a major milestone for the country, which is trying to elevate its crypto sector. The announcement states that Rogelio Frigerio, the Entre Rios Province’s governor, joined hands with...

Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC


Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic...

Chiliz on the rise: Will CHZ reach $1 in 2024?


Chiliz (CHZ) has been making giant strides in the market. The coin, known for powering Socios.com, has witnessed massive whale activity over the past few days. The crypto project is also undertaking new partnerships to expand its footprint. With the coin performing tremendously, users are wondering...

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