Activity Decline in Ethereum and Bitcoin Networks!
The report states that activity on the Ethereum and Bitcoin blockchains has decreased and paused.
Sep 6, 2024Markets
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$1 Billion Outflow in US Bitcoin ETFs!
Spot Bitcoin exchange-traded funds (ETFs) in the US recorded net outflows in excess of $1 billion between August 27 and September 5.
Sep 6, 2024Riot Platforms Plans to Increase Mining Capacity Despite the Decline in Bitcoin Production
Riot Platforms, which mines Bitcoin, announced that it experienced a decrease in Bitcoin production in August 2024, but continues to increase mining capacity and optimize energy costs with its expansion plans.
Sep 6, 2024Bitcoin ETFs on Exit, Fear in Crypto Market
While spot Bitcoin exchange-traded funds (ETFs) in the US have experienced large outflows in recent days, outflows in Ether ETFs have been more limited. Increasing uncertainty in the crypto market and economic recession concerns have shaped the activity in these funds.
Sep 6, 2024Bitcoin Drop Could Be a Warning for Traditional Assets
Weakness in the crypto market could be a warning sign for traditional risk assets, says one analyst. Bitcoin (BTC) fell below the $57,000 level on Thursday, paring back Wednesday's gains. Ongoing concerns about the strength of the U.S. economy have led investors to sell risky assets.
Sep 5, 2024Tension Grows Between Bitfarms and Riot Platforms!
Canada-based Bitcoin (BTC) mining company Bitfarms made serious criticisms of the board changes proposed by its rival Riot Platforms.
Sep 5, 2024Dogwifhat's Open Interest Increases, Price Drops to $1.57
Dogwifhat's open interest has increased noticeably since August 25, with its price trading below $1.90.
Sep 5, 2024Can Bitcoin DeFi Overtake Ethereum?
The total amount of capital used in Bitcoin-based decentralized finance (DeFi) protocols could surpass that of the Ethereum network in the next two years, a Bitcoin DeFi developer states.
Sep 5, 2024Switzerland's Big Bank ZKB Enters the Crypto Market
Zurich Cantonal Bank, one of the largest banks in Switzerland, has started offering cryptocurrency trading services for its customers. According to official Alexandra Scriba, Zurich Cantonal Bank will undertake the function of securely storing the private keys of its customers.
Sep 4, 2024Mining Revenues Are at Their Lowest Level!
According to a new research report published by JPMorgan, Bitcoin (BTC) mining profitability is at its lowest levels in history.
Sep 4, 202414-Day Expected Volatility Index Introduced for SOL
In a significant development for cryptocurrency investors, Volmex Finance introduced SVIV, a new expected volatility index for Solana’s (SOL) token on Tuesday. This innovative index promises to be an important analysis tool in the cryptocurrency market, offering investors the opportunity to predict possible fluctuations in the price of SOL two weeks in advance.
Sep 4, 2024Sharp Falls in the US and Asian Markets!
U.S. stocks fell as much as 3.5% on the Nasdaq 100 and S&P 500 indexes on Tuesday. This decline was noted as a weak start to September, which has historically shown bear market tendencies.
Sep 4, 2024Justin Sun Stops Burning LP Tokens on SunPump!
Tron founder Justin Sun announced that the SunPump meme token community has made a significant change and decided to abandon the burning of LP tokens and adopt a 100% onchain buyback and burn process.
Sep 3, 2024Ripple Adds Smart Contracts to XRP Ledger!
Ripple aims to make the XRP Ledger ecosystem more attractive by increasing the programmability of the platform with the integration of smart contracts.
Sep 3, 2024Fed's interest rate cuts may not be able to save Bitcoin
According to former BitMEX CEO Arthur Hayes, the impact of the US Federal Reserve's (Fed) interest rate cuts on Bitcoin prices may be limited.
Sep 3, 2024Digital Assets Show Growth After FTX Crisis
The digital assets industry rebounded following the collapse of crypto exchange FTX in November 2022 and has started to grow again over the past 12 months.
Aug 29, 2024Parafi Capital Raised 120 Million Dollars of Investment
Crypto firms and venture capital (VC) firms are raising capital this year as cryptocurrency prices rebound, improving overall market sentiment.
Aug 29, 2024Crypto Scam on TikTok: Job Seekers Falling into the Trap
Crypto scammers target job seekers by creating fake ads on social media platforms and steal large sums of money from victims.
Aug 29, 2024