The latest update from the cryptocurrency market shows a slight uptick in global crypto activity, albeit with some notable declines. The overall market capitalization dipped by 1.79%, to $2.33 trillion, and a 19.83% decrease in total trading volume, now at $63.56 billion. Bitcoin is facing challenges in maintaining support levels
The cryptocurrency market finds itself gripped by fear, uncertainty, and doubt as the bears tighten their grip on prices. Bitcoin, the bellwether of the crypto world, plummeted to a low of $63.4K, triggering anxiety among traders. Social media platforms are witnessing a scarcity of buy calls while sell signals surge,
Authorities in the United Kingdom now have more power to “seize, freeze, and destroy” offenders’ crypto holdings, according to the National Crime Agency (NCA) and police. The country’s law enforcement will be able to confiscate cryptocurrency assets without first making an arrest, according to the new regulations. A press statement
Based on recent statistics, Fidelity’s spot bitcoin ETF had net outflows of $22.61 million on Thursday, marking the first day since the fund’s debut in January that more money was moving out of the ETF. Daily withdrawals of $217.58 million were reported by many additional U.S. bitcoin funds. Data indicated
In the dynamic world of cryptocurrency, new contenders constantly emerge, vying for attention and investment. Among these rising stars is Hump (HUMP), hailed by Bitcoin bulls as the standout altcoin of 2024. With its modest price below $0.05 and the promise of 50x growth by year’s end, Hump has captured
As the expiration date approaches for significant Bitcoin (BTC) and Ethereum (ETH) options contracts, the cryptocurrency market braces for potential volatility. With 96,000 BTC options and 990,000 ETH options set to expire, valued at $6.2 billion and $3.1 billion respectively, traders are closely monitoring market dynamics. The Put Call Ratio
Bitcoin Runes-based memecoin DOG•GO•TO•THE•MOON (DOG) hits $500 million market cap following announcements of its listings on four notable centralized exchanges (CEXs) within the last 24 hours. This surge has catalyzed DOG to join the top 10 memecoins by market cap. Notably, DOG stands on the ninth spot, with two hyped
Investors have been quite pessimistic about the Grayscale Bitcoin Trust (GBTC) for an extremely long time now. Senior ETF Analyst Eric Balchunas of Bloomberg confirmed that this 72-day period is the longest in the history of global ETF funds. Since January, when the United States government approved the introduction of
At auction, a yellow notebook with the words “Buy Bitcoin” sold for sixteen Bitcoin, or more than one million dollars. This notepad was displayed behind then-United States Federal Reserve Chair Janet Yellen at a congressional hearing in 2017. The successful bidder on the Bitcoin auction platform Scarce City went by
Since spot Bitcoin ETFs were established in the U.S in January, BlackRock iShares Bitcoin Trust (IBIT) saw its first day of zero inflows. In the seven days after its opening on January 11th, IBIT has amassed almost $15.5 billion in investment capital, with daily investments totaling millions of dollars. On
