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Polymarket monthly volume hits $100M as presidential race heats up
1.7.2024
There are now over $200 million worth of bets on who will win the United States presidential election — now just four months out
3 ways traders can avoid trading tokens with manipulated volumes
30.6.2024
Manipulated trading volumes are rampant on some crypto exchanges. Here are three ways to use data to avoid being washed out
Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny
28.6.2024
According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous...
Solana Climbs 8.1% Following Vaneck’s SEC Filing for SOL-Based ETF
27.6.2024
Following Vaneck’s application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has appreciated 8.1% against the U.S. dollar. Apart from bitcoin, ethereum, and stablecoins, solana now boasts the highest daily trade volume among...
US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains
27.6.2024
U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading...
Marc Cuban wallet dumps NFTs, market volume drops 45%: Nifty Newsletter
26.6.2024
Marc Cuban has offloaded some NFTs, while overall NFT sales volume dropped by 45% in Q2
Digital collectibles market sees 45% decline in Q2
26.6.2024
CryptoSlam data shows a significant volume drop for NFTs from Q1 to Q2, with digital collectibles set to hit the lowest monthly transactions since March 2021
Bybit surpasses Coinbase in market share after Binance's decline
25.6.2024
Bybit became the world’s second-largest crypto exchange, while the leading exchange, Binance, has lost some market share due to previous regulatory issues
Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
25.6.2024
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs
Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
24.6.2024
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant...
Tron’s Tether Volume Competes With Visa’s Daily Transactions Amid Crypto Slump
21.6.2024
According to data from the X account Lookonchain, the 24-hour trading volume of tether on the Tron network has surpassed Visa’s average daily transaction volume. Additionally, despite a general downturn in the crypto economy, tron (TRX) has achieved a 2% gain against the U.S. dollar over...
Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses
21.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by Fidelity’s (FBTC) $51 million loss. U.S. Bitcoin...
Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure
21.6.2024
Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders...
Bitcoin reclaims blockchain dominance post-BTC halving
21.6.2024
Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume
macOS of blockchains? Solana captures 60% of new DEX volume in May
20.6.2024
Solana’s market share on decentralized exchanges rose from 0% in early 2021 to 24% in May 2024, thanks to a similar approach to Apple’s macOS, said Pantera Capital
Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly
20.6.2024
According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained...
Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK
20.6.2024
According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local Report Claims On June 20, 2024, NHK reported that...
ASX’s first Bitcoin ETF taps $1.3M volume on first trading day
20.6.2024
The first Bitcoin ETF on Australia’s main stock exchange traded 96,476 shares throughout the day
Stablecoins to make up 10% of money in the next decade or so: Circle CEO
20.6.2024
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before
QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums
19.6.2024
On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders...