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Bitcoin Tops $70K to Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
4.6.2024
All but two assets in the gauge lost ground over the past week, led by UNI's 14% decline
American spot Bitcoin ETFs demonstrate positive market trend
4.6.2024
Fidelity’s FBTC is the market leader, with inflows totaling $77 million. It is quite interesting to note that the spot Bitcoin exchange-traded funds have reported net inflows for the past fifteen days consecutively. Bitwise is the industry leader in net inflows, followed by Ark Invest and...
India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto
4.6.2024
India's voters have sprung an election surprise, even though Prime Minister Narendra Modi's party and its allies are poised to return to power, a result that could see the government kick the crypto policy can down the road" in terms of its priorities
Crypto bull O2T wakes market up with 4x rally, Polygon whales join revolution
4.6.2024
The cryptocurrency market is no stranger to dramatic surges and swift changes in sentiment. Recently, Option2Trade (O2T) has ignited excitement with a remarkable 4X rally, capturing the attention of traders and investors worldwide. Among those taking notice are the significant stakeholders...
Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap
4.6.2024
A meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days
Roaring Kitty’s $300M GME position sparks market manipulation claims
4.6.2024
The allegations come weeks after Citron Research revealed its short position in GameStop
DWF Labs to Purchase $12M FLOKI From Project Treasury, Open Market
4.6.2024
The agreement comes as Floki gears up to introduce new products in the coming months, including the Valhalla metaverse game on mainnet
Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending
3.6.2024
Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report
This Week’s Crypto Gainers and Losers: NOT Leads With 214% Gain, BTC and ETH Remain Flat
3.6.2024
Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising 214% against the U.S. dollar. NOT Tops the Charts With 214% Increase,...
Meme Stock and GME Meme Coin Craze Rekindled by Roaring Kitty’s Reddit Return
3.6.2024
Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparked renewed interest. Over the past 24 hours, crypto assets such...
Market shock: $3 billion in Ether exits following spot ETH ETF approval
3.6.2024
The approval of a spot ETH ETF has profoundly impacted the cryptocurrency market, resulting in Ether’s exit valued at $3 billion. This significant movement underscores the complex interplay between regulatory decisions, market dynamics, and investor sentiment. Analyzing this event reveals several...
Meme coin market growth slows down – New P2E project presale hits over $1,400,000
3.6.2024
The meme coin trading frenzy that gripped crypto markets for months has taken a breather in recent weeks. Data from CoinMarketCap reveals overall meme coin trading volumes plunged from a $8 billion down to just $5.3 billion in under 3 days as the hype cooled off. However, one presale in particular...
Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K
3.6.2024
Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion, indicating robust market activity. The market capitalization of bitcoin remains strong at $1.36...
Whales buy $112 million Dogecoin as market sentiment dips
3.6.2024
According to a crypto analyst, whales have decided to mobilize and accumulate an impressive amount of Dogecoin (DOGE), which is a recent and rather exciting event in the world of cryptocurrencies. The unexpected acquisition, which took place over 72 hours, involved 700 million DOGE, or roughly $112...
Bitcoin post-halving run may reach $130K by September 2025
3.6.2024
Trader Peter Brandt says Bitcoin’s bull run is following similar past post-halving cycles, and if it holds it could reach $130,000 by late next year
Sleepy Crypto Market ‘May Get Caught Offside’: QCP Capital Eyes Bullish Shift in Ethereum
2.6.2024
This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted that bitcoin is under bearish pressure due to potential new supply from...
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
2.6.2024
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers...
Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives
2.6.2024
The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale. Nonetheless, the past few years have seen a significant decline in the number of wrapped bitcoins...
NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%
1.6.2024
Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued...
$2.7 Billion Reduction — Coinbase Records 40,406 BTC Outflow in 60-Day Period
1.6.2024
In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced a noticeable decrease in its bitcoin reserves, witnessing an outflow of 40,406 BTC valued...