In the last week, digital asset investment products saw inflows of $441 million, according to a new report from CoinShares. The report from July 8th also mentioned a $398 million influx into Bitcoin investment products. Investors’ purchasing sprees were likely caused by the lower Bitcoin prices, activity from Mt. Gox,
Leading US-based Market intelligence firm, Messari has abandoned all connections with the SEC. The firm’s CEO released a strong-worded statement, lashing out at the regulator’s corrupt activities and pointing to its ‘unjust’ actions. In the past few months, multiple cryptocurrency firms have found themselves under the scrutiny of the SEC
Bitcoin, the leading cryptocurrency, has continued to show a downtrend for the last month. BTC hit its four-month low, declining 8.55% to $53,485. The noted decline and selling pressure are paralleled with the defunct crypto exchange Mt. Gox’s Bitcoin repayments to its creditors. Mt. Gox wallets actively moved 47,229 BTC
The crypto community amidst its expectancy for bull runs has received shock waves this past week. In an additional remark, the crypto market recorded a $110 million liquidation in under an hour, during the Asian morning hours of July 5. With such high liquidation rates, the market has dipped into
The cryptocurrency market experienced a significant bearish trend over the past twenty-four hours, with the overall market cap decreasing by 4.40%. Bitcoin, the largest cryptocurrency, fell by 4%, dropping to a two-month low of $57,043.96, unsettling investors as it led to a broader decline in altcoin prices. Ethereum, the leading
The cryptocurrency market continues to present numerous opportunities for strategic investments, offering substantial returns even during downturns. For instance, Toncoin has recently seen its daily transfer volume soar to an impressive $10 billion. In contrast, Bitcoin Cash has experienced a notable decline, with its price dropping 9.24% in the last
Bitcoin bears once again made investors sit on their toes, but this time, they made them more anxious by dropping below $59K. In the past day, Bitcoin fell by 3%, hitting an eight-week low of $58,601.70 after reaching a 24-hour high of $62,900. The bears have been making big noises
Bitcoin miners sold around $2 billion worth of cryptocurrency in June, or more than 30,000 BTC. So far this year, this is the worst monthly sell-off recorded. In addition, when miners began selling off their holdings to keep afloat after the latest Bitcoin Halving, this massive liquidation has pushed miner
Mt. Gox, the infamous Bitcoin exchange that lost over 850,000 BTC in a 2014 hack, will start repaying its defunct users. The rehabilitation trustee stated that repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) will commence in July 2024, bringing a sense of closure to investors who have waited over
OKB’s market value has recently rocketed, propelled by favorable market dynamics. Meanwhile, Kaspa’s debut on CoinW ushers in a promising chapter for this emerging crypto player. Amid these market shifts, BlockDAG (BDAG) stands out with its groundbreaking Keynote 2 and a presale amassing over $52.5 million. Celebrated for its high
