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A general contraction was observed in the cryptocurrency market before the decisions of the Federal Open Market Committee (FOMC). Most cryptocurrencies traded within a narrow band before this important decision. Bitcoin fell from its peak of $70,000 this week to $66,300. Ethereum continues to trade at $3,320.
Jul 31, 2024On Wednesday, the price of Bitcoin fell to the closed crypto exchange Mt. It dropped below $66,000 following news of a new billion-dollar BTC transfer from Gox. This news had a significant impact on the crypto market and Bitcoin's price movements caused concern among investors.
Jul 31, 2024Investments in daily Ether ETFs showed a positive return for the first time since launch day. This is considered a significant development, reversing a massive outflow of $547 million from the funds in the last four days.
Jul 31, 2024Bitcoin began to exhibit a strong positive correlation with Nvidia (NVDA) starting in late 2022.
Jul 31, 2024Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the US started the week in different directions at a time when the cryptocurrency market was experiencing corrections. These developments, which attract the attention of cryptocurrency investors, provide important information about general trends in the market and the performance of ETFs.
Jul 30, 2024A significant change has occurred in the crypto world: the creation of the new yield-generating protocol called goldCOMP, proposed by Humpy and Golden Boys, has been canceled.
Jul 30, 2024Over the weekend, a new class of memecoins was born on the Solana and Ethereum networks after the owner of the dog that inspired Dogecoin came across a new puppy.
Jul 30, 2024“Investors really want to get exposure to ETH,” said Samara Cohen, BlackRock's ETF investment chief.
Jul 30, 2024Bitget became one of the first major wallet providers to fully integrate The Open Network (TON) powered by Telegram.
Jul 30, 2024While 21Shares continues its leadership in the crypto exchange-traded funds (ETF) industry, it has made an important innovation for the spot Ethereum ETF it recently launched. By collaborating with Chainlink for this new fund, the company aims to offer more transparency to investors.
Jul 30, 2024July 29 marks the 100th day that the Bitcoin blockchain reduced mining rewards per block from 6.25 BTC to 3,125 BTC.
Jul 29, 2024A whale is helping pass a governance proposal that would allocate $24 million worth of COMP to a yield-generating protocol called goldCOMP by holding COMP tokens.
Jul 29, 2024Although Bitcoin price has finally experienced some relief, it is facing major resistance at the $68,000 level. If it reaches this level, there is a risk that more than $700 million of short positions in the Bitcoin market will be liquidated.
Jul 26, 2024Bitcoin mining hashrate is improving as a leading indicator of Bitcoin rallies, explained one observer, explaining this optimistic outlook.
Jul 26, 2024Japanese cryptocurrency exchange giant BitFlyer has made a significant acquisition of FTX Japan, making it a wholly owned subsidiary.
Jul 26, 2024Grayscale's Ethereum ETF (ETHE) experienced a significant net outflow of approximately $346 million on July 25.
Jul 26, 2024Marathon Digital, one of the important players in the Bitcoin mining industry, took an important step within the framework of the "HODL strategy" and purchased $100 million worth of Bitcoin. This move demonstrates the company's long-term confidence in Bitcoin and changes in its market strategy.
Jul 25, 2024The renewed expansion in stablecoins is considered a positive sign for the broader crypto market.
Jul 25, 2024