The cryptocurrency options market witnessed a significant uptick in activity following a sustained rally, with over $1.2 billion worth of trades executed within 24 hours. Bitcoin puts dominated the market, representing $530 million in trades, nearly a quarter of the total volume. Among the most notable transactions was a deep-deflated
Shares in Japanese investment firm Metaplanet soared 15.7% on October 15, following the company’s announcement of its latest Bitcoin purchase. The firm confirmed it had acquired nearly 107 Bitcoin in a strategic move to diversify its investment portfolio, marking its continued interest in the digital asset space. Metaplanet’s decision to
The crypto market’s prolonged battle to break the bearish pressure continues, with certain signs of recovery from recent downturns. It drove the overall market cap to $2.29 trillion, spiked over 2.20% in the past 24 hours. The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have gained over 2%. Amid this,
The Sui (SUI) token has seen a remarkable rally, gaining over 120% in the past month to trade at $2.25 as of October 14. This surge, while impressive, has stirred controversy, as allegations of insider selling have surfaced, casting a shadow over the token’s performance. Crypto analyst Light, in a
As the US Elections draw closer, the crypto community is waiting with bated breath to witness the regulatory reforms. However, they have also been observing the candidates’ approach to digital assets to reaffirm their political stance. While the Republicans have taken the lead in this regard, the Democrats continue to
Global crypto funds managed by asset giants such as BlackRock, Bitwise, Fidelity, Grayscale, and ProShares experienced net inflows of $407 million last week, according to CoinShares. This marked a sharp reversal from $147 million in outflows the previous week. The inflows were primarily driven by U.S.-based funds, which contributed $406
The overall crypto market is currently striving to get its bullish hold after a brief downturn. The market cap has spiked over 2.40% to $2.25 trillion and trading volume has surged by 45.73%. Recently, the potential rise of meme coins observed in the market has gained attention within the market.
Cryptocurrency has countless opportunities for earning passive income in 2024. With staking becoming a popular alternative to mining, investors are looking for crypto staking platforms that simplify the process and give the best rewards. STAKING AI, a leading infrastructure operator for PoS blockchains stands out in this space. With liquid
The cryptocurrency market is attempting to recover from the downside trajectory. Overall market cap has reached $2.24 trillion within the past 24 hours. The recent price momentum of Bitcoin (BTC) suggests the brief possibility of further gains. After dipping below the major support levels, BTC has moderately rebounded in the
SUI, the native cryptocurrency of the Sui Network, a leading layer-1 blockchain, has reached a new all-time high of $2.36, according to recent data from CMC. The surge occurred during early Asian trading hours, pushing the token beyond its previous high of $2.26, which was recorded two days earlier on
