Wed, January 1

US Spot Bitcoin ETF Net Outflows Resume Amid Trading Volume Decline

The 11 U.S spot bitcoin ETFs had a net withdrawal of $13.62 million on Tuesday, marking a return to negative flows after five consecutive days of inflows. According to SosoValue statistics, GBTC (Grayscale) witnessed outflow of $32.38 million and BITB (Bitwise) shed $6.76 million. In contrast, $14.12 million came into

July 3, 2024 1 min read

Toncoin and Cardano Lead Gains Amid Crypto Market Slump

The global cryptocurrency market has displayed a notable downtrend recently. Following a substantial price surge, Bitcoin (BTC) briefly climbed above $63,700 before experiencing a decline that mirrored the overall market trend. In the past 24 hours, the global crypto market saw a bearish reversal, dropping over 2.32% to $2.26 trillion.

July 3, 2024 2 mins read

Robinhood Expands Services to New US Territories Amid Market Upheaval

The popular trading platform Robinhood has added additional US regions to its crypto offerings. This growth is happening when the cryptocurrency market is experiencing tremendous upheaval, which is causing some rivals to struggle. Robinhood’s move to expand its services shows how serious it is about increasing its crypto offerings and

July 2, 2024 1 min read

How is BTC Price Affected by the German Government’s BTC Transfer?

Bitcoin (BTC) witnessed a slight spike over the day struggling to surpass higher marks. The asset’s price faced multiple r passed through several resistance-support levels over the past 30 days. BTC fluctuates within the $59,000–$71,000 range over the past 30 days. Noting an increase of 0.59% in the last 24

July 2, 2024 2 mins read

Bitcoin ETFs Attract $130M in Inflows, Marking 5th Straight Day of Gains

Monday was the fifth day in a row that the eleven U.S. spot bitcoin exchange-traded funds have reported positive flows, with a total of $129.45 million. Additionally, the net inflows on Monday were the highest for the ETFs since June 7. According to statistics from SosoValue, yesterday’s inflows were $65

July 2, 2024 2 mins read

Japan’s Metaplanet Buys $1.2M Worth Bitcoin, Signals Major Strategic Shift

The Japanese investment firm Metaplanet purchased $1.2 million worth Bitcoin. Thus, adding to its recent spree of buying Bitcoins. In total, the acquisition of 161.3 Bitcoin (BTC) till now by Metaplanet is valued at 1.65 billion yen.  The average buying price for one bitcoin from the firm is 10,231,438 yen,

July 1, 2024 1 min read

Hawaii Drops Money Transmitter License Requirement for Crypto Firms

A Money Transmitter License (MTL) is no longer necessary for cryptocurrency businesses in Hawaii to operate legally. On June 30, 2024, the state of Hawaii’s Digital Currency Innovation Lab (DCIL), a collaborative crypto research initiative, ended, according to the state’s Department of Commerce and Consumer Affairs (DCCA). Launched in 2020,

July 1, 2024 2 mins read

Bitcoin (BTC) Shoots 5% Rally, a Sign of Rebound?

Bitcoin (BTC) has displayed a significant surge, gaining over $3,000 in the past 24 hours and climbing to a high of $63,787. This increase comes as the weekend ends with higher trading volume and activity in the new week.  The price of Bitcoin has stabilized above the $63,000 mark, setting

July 1, 2024 2 mins read

Crypto ATMs Installed Globally Surge 17.8%, Closing in on Record High

Installed crypto ATMs have increased by 17.8 percent to 38,279 in the last year, bringing them one step closer to the record of 39,541 established in December 2022. Coin ATM Radar reports that there was a net loss of 2,861 machines in 2023, but a positive trend has been seen

June 30, 2024 1 min read

Where is Bitcoin (BTC) Price Headed As Bulls and Bears Stage a Combat?

The overall crypto market showed a 1.18% decline in market cap and a 8.19% decline in trading volume in the last 24 hours. Leading cryptocurrency Bitcoin has continued to show downward movements which have been persistent for the last seven days. BTC price has caught market attention as the token

June 29, 2024 2 mins read
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