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Ex-Fed Advisor Suggests US Is Already in a Recession as Airbnb Cautions on Economic Slowdown
7.8.2024
On Tuesday, following a sharp downturn the day before, the top five U.S. benchmark indices made a recovery. However, Airbnb, the prominent vacation rental company, reported that it does not foresee a strong third quarter due to a slowdown in demand, driven by ongoing economic concerns. Meanwhile...
Nasdaq asks to list options on spot Ethereum ETFs — Filing
6.8.2024
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
6.8.2024
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease...
Crypto Market Volatility Fuels $1.2B Inflows at Binance
6.8.2024
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over...
‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
6.8.2024
Nassim Nicholas Taleb says gold still stands apart as a store of value
Bitcoin Bull-Bear Market Cycle signals potential bear market — analyst
6.8.2024
Bitcoin fell to a low of approximately $49,000 following market turmoil brought on by the Bank of Japan's rate hike and the Federal Reserve's inaction
Shiba Inu Rebounds 11% Amid Market Crash; SHIB Price Targets $0.000014
6.8.2024
Amid yesterday’s historic market crash, the global crypto market has rebounded slightly, recovering some of its losses as…
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
6.8.2024
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted
Bitcoin’s Fear & Greed Index Drops to 17 Amid Market Slump
6.8.2024
Japanese markets impacted Bitcoin over the weekend and flowed into Monday as Wall Street opened. According to data…
iShares BTC ETF investors weather major price drop with zero flows
6.8.2024
The Bitcoin ETF from iShares saw a rough entry into the week with the asset down by 14% yet, according to market analysis — no one budged
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...
Japanese firm Metaplanet to invest $58.76M in Bitcoin
6.8.2024
Metaplanet Inc. allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility
Euro stablecoin market surges under MiCA
6.8.2024
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted
Robinhood suspends 24-hour trades for 8 hours
6.8.2024
Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%
Daily Crypto Update: Bitcoin, Ethereum, and Solana revive after market crash
6.8.2024
The volatility index is now trading above 65, a level seen only twice, once during the 2020 Pandemic…
$510B crypto sell-off wipes 2024 gains for top 50 coins
6.8.2024
Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off
ARK Bought $17.8M of COIN, $11.2M of HOOD as Market Slumped
6.8.2024
ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again
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
Martin Shkreli-led Trump memecoin DJT plummets 95%
6.8.2024
Roger Stone, a close aide to Trump, previously denied any involvement of the former President or his son with the TrumpCoin memecoin
Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
6.8.2024
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022