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Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246


On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran...

EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price Drop


On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender...

Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump


Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and...

After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From Peak


According to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrocketed, but the meme token has since tumbled 45.6% below its highest value....

Dormant Bitcoin Wallets Moved $257M in Vintage BTC in September


With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin addresses, created between 2009 and 2017, were...

Digital Collectibles Market Struggles as September NFT Sales Slide by 47.9%


Over the last two weeks, non-fungible token (NFT) sales have enjoyed steady week-over-week increases. However, when we compare the numbers from September to August, the story takes a different turn. Data from Cryptoslam.io reveals that September saw a 47.9% drop in total digital collectible sales...

The Future of Automated Market Makers (AMMs) in DEXs


Automated Market Makers (AMMs) have revolutionized decentralized exchanges (DEXs), bringing liquidity and decentralization to DeFi. As the landscape evolves, AMMs […] The post The Future of Automated Market Makers (AMMs) in DEXs appeared first on

Coinshares: Inflows Into Digital Asset Products Reach $1.2 Billion


Coinshares, through its lead research analyst James Butterfill, has reported a third consecutive week of inflows into digital asset investment products. Total inflows amounted to $1.2 billion, reflecting a reaction to continued expectations of dovish U.S. monetary policy. Bitcoin Drives $1 Billion...

Bitcoin Price in South Korea Sees Largest Discount Since October 2023


According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays...

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