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Max Pain—Largest Bitcoin Options Expiry in History to Conclude a Volatile Year
23.12.2024
Bitcoin (BTC) is fluctuating wildly between $92,500 to $94,000 range over the few hours, touching $92,800 earlier this morning, ahead of the largest bitcoin options expiry in history. Scheduled for this Friday, $14 billion in bitcoin options open interest (OI) is set to expire. $14 Billion...
Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support
23.12.2024
Ripple’s XRP has managed to maintain its position above $2, despite an 8.2% dip against the U.S. dollar this week. Over the weekend, massive onchain XRP transactions caught attention, and the network’s stablecoin, RLUSD, reached a market valuation of $53 million. Whale Alerts...
Bitcoin ETFs Experience Record $680 Million Single Day Outflow
20.12.2024
The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn. Biggest Outflow Day for Bitcoin ETFs The broader crypto market downturn finally caught up with exchange-traded funds (ETFs) with U.S. spot bitcoin ETFs registering a total...
Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity
20.12.2024
Bitcoin’s supply dynamics are shifting dramatically, with demand surging and available sell-side inventory shrinking to its lowest levels in over four years, according to research from Cryptoquant and its analysts. Bitcoin Market Faces Supply Shock as Sell-Side Liquidity Hits Four-Year...
Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion
13.12.2024
Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin’s $131 Trillion Journey According to Glassnode’s...
ETFs Maintain Strong Rally With $598 Million Inflow for Bitcoin and $274 Million Inflow for Ethereum
13.12.2024
U.S. spot bitcoin and ethereum ETFs enjoyed another positive inflow day bringing in $597.57 million and $273.67 million respectively. Bitcoin and Ethereum ETFs Continue Momentum with Solid Inflows Bitcoin and ethereum exchange-traded funds (ETFs) maintained their inflow streak with another day...
Bitcoin and Ethereum ETFs See Extended Inflow Streaks
12.12.2024
Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue...
Privacy Coins Take Center Stage: $7.38B Market on the Rise as XVG, XMR, ZEC Surge
11.12.2024
Privacy coins are enjoying a boost this Wednesday, with the sector gaining 7.8% in just 24 hours. Monero (XMR) led the charge, climbing 12.3%, while zcash (ZEC) wasn’t far behind, advancing 15.4% against the U.S. dollar. Several others joined the rally, posting double-digit gains and keeping...
Altcoins Suffer as Bitcoin Sinks to $96,609—What’s Next?
10.12.2024
Crypto assets faced another rough day as bitcoin (BTC) slipped below the $97,000 mark, dragging several altcoins deeper into the red. Dogecoin (DOGE) lost over 4% against the U.S. dollar, while solana (SOL) declined by 2.75%. Crypto Economy Faces Another Blow Although global trade volume surged...
Bitcoin Plunges 3,000 Points, Recovers to 98K: QCP Predicts Stability Ahead
10.12.2024
The crypto economy experienced a dramatic $1.5 billion in long liquidations, resulting in a 3,000-point drop before finding support at the critical 95,000 level, according to analysts at QCP Capital. Institutional Demand Rises: QCP Questions If Market Can Stay on the Sidelines The leading...
109 Million Wallets Hold USDT: Tether Reports
10.12.2024
The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million...
Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K
9.12.2024
Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249...
Crypto Shockwave: Meme Tokens Outperform Bitcoin and Ethereum in a Down Market
9.12.2024
Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday’s trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite...
Store-of-Value Coins Steal the Spotlight in a Dynamic Month for Crypto
7.12.2024
With the crypto economy cruising at $3.67 trillion, some sectors are shining brighter than others. Over the last 30 days, store-of-value coins such as bitcoin (BTC), litecoin (LTC), XRP, bitcoin cash (BCH), monero (XMR), and dash (DASH) have led the pack. Store-of-Value, Smart Contracts, RWAs, File...
Bitcoin Reclaims the $100K Zone, Ethereum Surpasses $4K
6.12.2024
Bitcoin (BTC) achieved a significant milestone on Thursday, reaching an all-time high of $103,647 per coin before retreating below the $100,000 mark later in the day. However, on Friday, bitcoin reclaimed the $100,000 threshold, signaling resilience and renewed investor confidence. Bitcoin...
XRP Wobbles but Won’t Fall: Weekly Gains and Prediction Buzz Persist
6.12.2024
On Thursday, while bitcoin hit an all-time high in price, XRP, currently the fourth-largest cryptocurrency, faced a less fortunate day. It dropped 3.9% against the U.S. dollar. Despite the slip, XRP remains on an impressive upward trajectory, boasting a 56% gain over the past week. From $2.25...
Ethereum’s $4,000 Struggle: A Modest Gain Amid Bitcoin’s $100K Glory
5.12.2024
While bitcoin (BTC) climbed into the $100,000 range, ethereum (ETH) took a modest step upward with a 2% increase but still couldn’t cross the $4,000 threshold. ETH Faces a $4K Wall: Modest Gains as Market Eyes Bitcoin’s Triumph The second-largest cryptocurrency by market...
27,000 BTC Moved From Mt Gox Wallet as Bitcoin Hits $104K
5.12.2024
Bitcoin soared past $100,000 on the strength of institutional adoption, leading to the movement of Mt Gox bitcoin yet again. Mt Gox Bitcoin on the Move Again Bitcoin‘s historic six-figure moment arrived on Dec. 4 when the number one cryptocurrency crossed the $100,000 mark. Strong...
BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency
5.12.2024
BNB hit a new all-time high of $794 on Wednesday with analysts predicting a run to $1,000 could be on the cards. BNB Rallies Strong BNB, the native token of Binance’s BNB Chain has seen an exponential price increase over the past 24 hours, reaching a new all-time high of $794. Data from...
Crypto Anonymity Comeback: Monero Soars in Privacy Coin Frenzy
4.12.2024
On Wednesday, privacy tokens gained traction with a 10.1% climb, reaching a market cap of $7.68 billion. Standout performers included monero (XMR), which leaped over 14%, and ZKML, surging past 16% against the U.S. dollar. Monero’s Leap and Haven’s 389% Surge Sparks Privacy Coin Buzz...