Search
Crypto Market Volatility Fuels $1.2B Inflows at Binance
6.8.2024
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over...
‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
6.8.2024
Nassim Nicholas Taleb says gold still stands apart as a store of value
Data points to Ethereum price making a short-term rally to the $3.2K level
6.8.2024
ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning
US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise
6.8.2024
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely,...
Bitcoin Bull-Bear Market Cycle signals potential bear market — analyst
6.8.2024
Bitcoin fell to a low of approximately $49,000 following market turmoil brought on by the Bank of Japan's rate hike and the Federal Reserve's inaction
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
6.8.2024
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted
Markets blow up, so ‘the best prep is to have a plan to buy fear and sell euphoria’ — Veteran trader
6.8.2024
Pear Protocol founder HUF says “a limited pool of capital constantly rotating between narratives” is a clear sign of “late cycle behavior.”
Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%
6.8.2024
A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly
US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact
6.8.2024
On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $461.98 million, primarily due to significant outflows from...
First Mover Americas: Crypto Rebounds From Monday's Chaos
6.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ronin Bridge Paused After $9M Drained in Apparent Whitehat Hack
6.8.2024
“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post
Bitcoin's Unreliable Death Cross Is Looming Again
6.8.2024
The death cross is known to cause catastrophizing among inexperienced investors. But it's an unreliable indicator
Ethereum ETFs Scored $49M Inflows as ETH Plunged
6.8.2024
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals
ARK Bought $17.8M of COIN, $11.2M of HOOD as Market Slumped
6.8.2024
ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again
These Two Bitcoin Indicators Offer Light in a Gloomy Marke
6.8.2024
BTC has dropped over 13% this month, but all is not lost, according to key indicators
Bitcoin Jumps Above $56K, Solana Leads Recovery From Monday's Rout
6.8.2024
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session
Coinwire Report: Latam to More Than Double Its Crypto Trading Levels This Year
6.8.2024
A recent report by Coinwire, a cryptocurrency research portal, predicts that cryptocurrency adoption levels in Latam will more than double in 2024. The report, which examined trading movements on trusted centralized exchanges according to Coingecko, forecasts that crypto trading volumes in...
Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed
6.8.2024
Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market Committee (FOMC) meeting. The...
Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt
6.8.2024
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run
Market Panic: Bitwise CIO Reflects on Bitcoin’s Resilience Amid Market Turmoil
6.8.2024
The chief investment officer at asset management firm Bitwise has addressed the current market downturn, drawing parallels with the market crash on March 12, 2020, when the Covid-19 pandemic caused global panic. “People smash the sell button for liquid assets during broad-based panics....