Search
US Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million
12.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $121 million reduction. Spot Bitcoin ETFs Lose Ground Spot bitcoin ETFs have recorded...
Crypto market witnesses 270.4M selloff in the form of liquidations
12.6.2024
Bitcoin, the largest cryptocurrency by market cap, showed a downward trajectory very recently. Ethereum also showed a similar trend, and the selloff resulted in around $270.4 million liquidation. Binance is the top crypto exchange that featured $99.7 million in total liquidations, and the GMCI...
Crypto downturn nukes $190M leveraged positions as traders eye CPI data
12.6.2024
The liquidation comes just a few days after the crypto market recorded a $400 million liquidation on Friday
BlockDAG’s future-proof strategy: Understanding its advantages over Floki and Fantom for long-term investments
12.6.2024
Navigating the cryptocurrency sea can be quite treacherous. Making a prudent decision on the best cryptocurrency to invest in requires understanding the current and future potentials of various crypto platforms. In this unstable environment, BlockDAG stands out. Recently, the Network launched...
Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report
11.6.2024
Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said
Bitcoin Falls Below $67K, More Than 75K Traders Liquidated Amid Market Decline
11.6.2024
On Tuesday, the price of bitcoin (BTC) fell to an intraday low of $66,696 per unit, marking a 3.3% decrease over the last 24 hours. This decline resulted in the liquidation of $170.25 million in long derivatives positions, with $50.87 million of this amount comprised of BTC long positions. Bitcoin...
Market dynamics show a complicated stability-speculation relationship
11.6.2024
Bitcoin’s realized capital increased massively in 2024. The tendency reflects a shift in behavior and market conditions. The first half of the year has shown notable trends in both short-term and long-term holder activities. Every active supply age band is represented in the BTC realized cap HODL...
BlockDAG dashboard shows whales activity surge; Toncoin price surge, and Chainlink market trends in 2024
11.6.2024
As the cryptocurrency realm continues to transform, Toncoin’s record-breaking highs and Chainlink’s optimistic price forecasts are capturing investor interest. Amid these trends, BlockDAG is carving out a significant niche with its newly enhanced dashboard. This upgrade has transformed...
Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 Days
10.6.2024
The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has recovered in value. For instance, on April 13,...
Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
10.6.2024
Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD
Double-Digit Gainers and Losers Define a Turbulent Week in Crypto
10.6.2024
At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by 65.8%. Meme Coin BRETT Leads Weekly Gains Amidst...
Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance
10.6.2024
Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $3,677, reflecting a daily range of $3,654 to $3,714. Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price...
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
10.6.2024
The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets
Nvidia outperforms Apple by 25x, ahead of 10-to-1 stock split
10.6.2024
While stock splits are a sign of confidence in a company's future performance, they could introduce significant price volatility after the event
Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase
10.6.2024
Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation...
Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery
9.6.2024
Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders displaying increased engagement. Mt Gox Preparations Spark...
$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
9.6.2024
Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season;...
Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden
9.6.2024
Ten days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets indicated his chances of winning the 2024 election still stood at 54%, compared to incumbent President Joe Biden’s 40%. Since that time, the gap between Trump and Biden...
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
9.6.2024
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below...
Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded
8.6.2024
During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day...