Search
Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp
18.6.2024
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions...
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
18.6.2024
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners...
AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest
18.6.2024
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet's mantra of buying in doom and selling in boom
Trump token dumps 31% despite doubts he’s behind the DJT token
18.6.2024
Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team
Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says
18.6.2024
Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says
17.6.2024
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The overall sector market cap has increased by 24% since...
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
17.6.2024
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted
Coinbase International announces support for pre-launch market
17.6.2024
Users will be able to trade futures of soon-to-be-listed tokens and coins on the exchange
Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares
17.6.2024
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance...
ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $900M
17.6.2024
The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed
Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime
17.6.2024
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining...
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
17.6.2024
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...
Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest
17.6.2024
Zksync’s token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency’s market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market...
Bitcoin Technical Analysis: BTC Endures Persistent Downward Trend Amid High Volatility
17.6.2024
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels. Bitcoin Bitcoin’s 1-hour chart reveals a clear...
U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan
17.6.2024
Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said
Waka Flocka Flame token launch faces insider trading allegations
17.6.2024
Around 40% of the coin’s total supply was scooped up before Waka Flocka Flame announced the launch
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
17.6.2024
Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of an Australian crypto startup. The co-founder expressed optimism that the Australian Securities...
Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
17.6.2024
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their...
JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
16.6.2024
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters Pam Martens and Russ Martens from...
NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
15.6.2024
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum...