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QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes
3.8.2024
QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening macroeconomic conditions. QCP Analysts Highlight Market Correction Driven by Bitcoin Supply Surge and Bearish...
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
Sen Lummis bill gains swift support with 2,200 letters sent
3.8.2024
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking
Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends
3.8.2024
Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
3.8.2024
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $2.2...
State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges
3.8.2024
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based...
MicroStrategy stock set to gain 30% if BTC hits $150K in 2025 — Analyst
2.8.2024
The valuation assumes continued aggressive Bitcoin buying by Microstrategy
Tech stocks plummet as Intel nosedives, Nvidia faces antitrust probe
2.8.2024
It’s layoff season again as big tech and the semiconductor industry fail to meet investor expectations
Bybit Exits French Market Amid Regulatory Pressures
2.8.2024
Cryptocurrency exchange Bybit has announced its exit from the French market, citing increasing regulatory pressures from French authorities. The Autorité des Marchés Financiers (AMF) had previously issued a warning against Bybit, advising investors to avoid trading on the platform. Starting August...
July NFT Sales Plummet for Second Consecutive Month
2.8.2024
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July...
Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago
1.8.2024
The bullish news continued on Thursday morning, but sellers remained in control of the market
Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
1.8.2024
The crypto market pulled back from the first-quarter's record highs during the three-month period
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
1.8.2024
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During...
EU watchdog warns of offshore crypto risks under MiCA regulation
1.8.2024
The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA
EU watchdog warns of offshore crypto risks under MiCA regulation
1.8.2024
The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA
Here’s what happened in crypto today
1.8.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Why is Bitcoin price down today?
1.8.2024
Bitcoin price drops after the Federal Reserve's meeting, Mt. Gox transfers, and other bearish catalysts
Daily Crypto Update: Market shrinks as most coins witness a dip
1.8.2024
The crypto industry’s constant volatility dilemma has resurfaced as the market has started with a slump. Most cryptocurrencies lost value on Wednesday, even top guns like Ethereum and Bitcoin. The coins have lost 4.64% and 3.27% value in the past 24 hours, respectively. However, it is SOL...
Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
1.8.2024
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes...
DeFi is ‘waking up again’ — Active loans return to 2022 levels
1.8.2024
DeFi lending and total value locked are recovering, but many related tokens are still at bear market lows