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US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
14.4.2024
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23...
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off
14.4.2024
The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital assets.
The post Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off appeared first on Cryptonews
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
14.4.2024
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market...
Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 Hour
13.4.2024
The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value Declines Amid Market Instability; Extensive Liquidations...
Presidential Election Betting Surges as Odds Tighten on Polymarket
13.4.2024
The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from...
Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins
13.4.2024
Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used...
BlockDAG’s presale record of 7.3 billion coins sold sets market on fire amidst Solana’s Q1 surge and high ICP forecast
13.4.2024
Solana blockchain ended the first quarter of 2024 on a high note, facilitating a whopping 2.4 billion transactions. However, the ICP price prediction continued to dip after the DFINITY Foundation launched Olympus. On the other hand, BlockDAG smashed the records as it unveiled its technical...
Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop
12.4.2024
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88...
Payment Use Cases Fuel Increasing Stablecoin Growth
12.4.2024
The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets. The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...
Stablecoin Market Expands by $4.46 Billion in 12 Days
12.4.2024
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
12.4.2024
Investors may expect market weakness due to the tax season, Ryze Labs said in a report
Dogecoin Climbs 5.4%, Tops CoinDesk 20 This Week: CoinDesk Indices Market Update
12.4.2024
Best Crypto to Buy Now April 12 – BTT, CRO, BNB
12.4.2024
As blue-chip cryptocurrencies consolidate within recent ranges, with Bitcoin (BTC) continuing to swing either side of $70,000, traders and investors are looking for the best crypto to buy now in the altcoin market that might offer the prospect of quick gains.
The post Best Crypto to Buy Now April...
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Digital Renaissance: Global Market of Artification Brings Rubens and Rembrandt Artworks to Global Blockchain Show
12.4.2024
PRESS RELEASE. Dubai, April 12, 2024: The Global Blockchain Show is pleased to announce Global Market of Artification (GMA) as its diamond sponsor at the upcoming two-day conference, set to take place at the Grand Hyatt, Dubai. Artworks by renowned masters like Rubens and Rembrandt will be featured...
‘SHORK’ Token Explodes 15,000% and Now Traders are Watching This New Coin Poised for a Price Surge in 24 Hours
12.4.2024
Shark-themed SHORK price has exploded to become today’s strongest Solana meme coin market performer, but could another coin be the next to explode? This article will provide an analysis of SHORK’s current price trends and look to see whether an innovative multichain token, Dogeverse...
Floki Price Prediction as FLOKI Drops 4% Overnight – What’s Going On?
12.4.2024
Floki Inu has fallen by 4% in the past 24 hours, with the FLOKI price sinking to $0.0001929 as the wider crypto market sees a very slight 0.5% dip today.
The post Floki Price Prediction as FLOKI Drops 4% Overnight – What’s Going On? appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing
12.4.2024
As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating...
Bitcoin Price Prediction as Market Cap Hits $1.39 Trillion – Time to Buy or Sell?
12.4.2024
BTC has dipped by 0.5% today, with the Bitcoin price more or less holding to the $70,700 level on a day when the crypto market has fallen by 1%.
The post Bitcoin Price Prediction as Market Cap Hits $1.39 Trillion – Time to Buy or Sell? appeared first on Cryptonews
BlockDAG’s $10 target challenges Uniswap price surge and KELP’s market momentum following technical whitepaper release
12.4.2024
BlockDAG is setting a new standard in the cryptocurrency market with its astonishing $16.3 million presale, eclipsing the market momentum of notable players like Uniswap and KELP. Following the release of its insightful technical whitepaper, BlockDAG has captured the attention of investors...