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Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
3.9.2024
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive...
Report: Central Bank Gold Demand Surges in July Amid Rising Prices
3.9.2024
Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World Gold Council. The report highlights a 206% increase in net gold purchases compared to the previous month, driven...
South Korea’s Bitcoin Premium Persists Amid Market Volatility
31.8.2024
Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023...
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
30.8.2024
U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market
Narrow Boom: The Mismatch of Token Supply and Demand in the Current Cycle
28.8.2024
While BTC and Ethereum have made strong comebacks in the last year, much of the rest of the market is still catching up, say Kevin Kelly and Jason Pagoulatos, of Delphi Digital
Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike
28.8.2024
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says...
Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’
27.8.2024
Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024
Bitcoin's Coinbase premium hits 39-day high as $63K is reclaimed
24.8.2024
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates
Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed
24.8.2024
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates
Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed
24.8.2024
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates
Bitcoin avg transaction fee rises 937.7% in 24 hours
23.8.2024
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
21.8.2024
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand...
Bitcoin Metrics Signal Weak Demand as BTC ETF Hype Slows: CryptoQuant
21.8.2024
Apparent demand has slowed considerably since early April and even dipped into negative territory this month, the firm noted
Telegram’s Memecoin DOGS in High Demand,TGE Moved to 26th Aug
21.8.2024
Telegram’s memecoin, DOGS, is enjoying a great opening and is in high demand, as a result of which,…
Bitcoin demand sharply declined since April — CryptoQuant
20.8.2024
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States
Binance’s return to India comes with $86M tax demand
20.8.2024
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm
Mandiant Report Clears WazirX: Users Demand Full Disclosure
19.8.2024
In response to mounting community pressure and a call for more transparency regarding the hack, WazirX finally shared…
Solana ETFs will not see significant demand — Sygnum research head
15.8.2024
Low uptake of Grayscale’s Solana fund is an early indicator, she said
Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management
15.8.2024
The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi)
Analyst Predicts Silver Prices Could Reach $200 Driven by Demand for New EV Battery Technology
15.8.2024
Kevin Bambrough, a financial expert with over a decade of experience in commodities markets, has predicted that silver could reach $200 per ounce in the next 10 to 15 years, riding the wave of increased demand for a new EV battery technology developed by Samsung. According to Bambrough, the...