Search
Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark
13.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 million, respectively. Blackrock’s IBIT and Fidelity’s FBTC...
Year-to-Date Crypto Winners: Meme Coins Outperform in 2024
13.7.2024
More than half of 2024 has passed, with bitcoin up 38% year-to-date, and ethereum matching this rise since Jan. 1. According to statistics, several other digital assets have surpassed these two leading cryptocurrencies by market cap. The most notable performer is the meme token book of meme (BOME)...
NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue
13.7.2024
Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previous week’s revenue. Weekly Digital Collectibles Sales Slide Following...
Ripple vs. SEC: Ripple’s landmark victory one year later
13.7.2024
While challenges remain, Ripple's victory has set a precedent that could shape the future of the cryptocurrency industry for years to come
SEC vs. Ripple: One year on since landmark ruling
13.7.2024
While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
12.7.2024
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal
Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown
12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...
Digital Assets Thrive in H1 2024, CME and Glassnode Report Finds
12.7.2024
Digital assets showed significant growth in the first half of 2024, driven by increased institutional interest and the approval of spot bitcoin ETFs. According to a report from CME Group and Glassnode, these factors have cemented digital assets as a crucial asset class with unique opportunities...
US Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap
12.7.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s IBIT leading by bringing in $72.09 million. U.S. Bitcoin ETFs Record Fifth...
Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow
12.7.2024
According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized...
Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance
12.7.2024
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516...
Crypto trading volume to exceed $108T in 2024 with Europe in the lead
12.7.2024
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance as the most dominant exchange around the world
Crypto trading volume to exceed $108T in 2024, with Europe in the lead
12.7.2024
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
12.7.2024
Bitcoin’s Fear & Greed Index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level
JPMorgan Expects Crypto Market Recovery Beginning in August
12.7.2024
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales...
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues
11.7.2024
Germany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its holdings to 4,925 BTC. Germany’s Bitcoin Reserves Drop Below 5,000 As of 1 p.m. EDT on Thursday...
German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins
11.7.2024
At 9:50 a.m. on Wednesday, the German government held 13,110 BTC. By 8:30 a.m. on Thursday, the stash had decreased to 9,925 BTC, with the wallets now holding below 10,000 bitcoins. Germany’s Bitcoin Wallets Overpay Network Fees as Holdings Drop to 9,925 BTC Overnight and into the morning...
Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan
11.7.2024
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month
Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset
11.7.2024
Key gauge shows that the speculative forth prevalent during the first quarter has dissipated