The ECB reaffirmed its determination to maintain physical and digital public money as the backbone of Europe’s financial system. This is despite the growing popularity of stablecoins and private digital currencies throughout the world. Even as the European Central Bank moves forward with its digital Euro plan, Euro banknotes and
The latest Bitcoin acquisition was disclosed by the Japanese corporation Metaplanet. This purchase is timed to coincide with the beginning of a recovery in the cryptocurrency market as a whole from its recent lows. Regardless of market volatility, this demonstrates institutional confidence. With a total investment of around $53.7 million,
The modest spike in the crypto market cap has brought few assets to trade in the green zone and some in red. Notably, the fear and greed index value sits at 52, which reflects neutral sentiment in the market. Assets like Bitcoin (BTC) and Ethereum (ETH) are attempting to reclaim
Conflux (CFX) is showing extremely bullish signs, and the technical indicators look like this altcoin is about to go on a bullish move, likely starting a strong rally phase. The altcoin is up by 9% as per CoinMarketCap data, as daily trading volume has soared by a whopping 110% suggesting
MemeCore (M) is on a bullish ride that has led to one of the most remarkable price success stories across the cryptocurrency ecosystem. Its daily chart demonstrates a shocking parabolic rise beginning in late June, with the token price exploding from consolidation levels that were around $0.02 to current trading
SharpLink Gaming has made another major move in its crypto investment strategy by purchasing over $100 million worth of Ethereum. This strategic acquisition, made during a downturn in the cryptocurrency market, could help reduce the average cost of the company’s significant ETH holdings. According to Arkham Intelligence, the Ethereum wallet
The net outflow of $812.25 million from spot Bitcoin exchange-traded funds (ETFs) on Friday was the second-biggest loss in a single day for these products. Cumulative net inflows dropped to $54.18 billion as the downturn reversed a week of consistent increases. According to SoSoValue, the total assets under management fell
ARK Invest has increased its holdings in BitMine Immersion Technologies, a Bitcoin miner, and Coinbase, a prominent US crypto exchange, by taking advantage of the current stock market downturn. Cathie Wood-led business increased its holdings in Coinbase (COIN) by 94,678 shares across three of its funds: ARK Innovation ETF (ARKK),
PI Network is at a decisive moment, as the cryptocurrency breaks through the $0.4023 foundational support to which it had been wedged above, which is indicative of a change in technical conditions. Trading around $0.3504 at present represents a 14% decrease as per CoinMarketCap data. Volume is exceptionally high at
Toncoin has made a remarkable technical comeback over the last 24 hours after a technically prolonged period of consolidation, and many crypto traders and investors are starting to notice. Although TON appears to have pushed up and over 50-day and 200-day EMAs, statistics. This is likely evidence of a sentiment
