Global Decline in Crypto Market: Coinbase and MicroStrategy Affected
The decline in stock markets around the world also deeply affected the cryptocurrency markets.
Aug 5, 2024Markets
Page 42
19% Drop in DeFi TVL!
According to data provided by Defi Llama, the total DeFi value locked (TVL) has dropped by a massive 19% in the last 24 hours.
Aug 5, 2024Big Drop in Bitcoin: 10% Loss and Market Effects
Observers attributed the sudden drop in Bitcoin's value to a combination of various factors.
Aug 5, 2024Lido Introduces New Staking Product for Institutional Investors
Lido, a leading protocol in decentralized finance (DeFi), introduced Lido Institutional, a new liquid staking product for institutional investors, on August 2.
Aug 2, 2024Kujira's Liquidation Crisis: $124 Million Dropped to 35 Million
Kujira, as a blockchain focused on DeFi (decentralized finance), has recently experienced a major crisis.
Aug 2, 2024Marathon Digital Had to Sell 50% of Bitcoins!
Marathon Digital Holdings, a Bitcoin miner, published its second quarter financial report and announced that it sold more than 50% of the Bitcoins it produced during its mining activities and that these sales were used to cover operating costs. This statement had a wide impact among investors and market analysts.
Aug 2, 2024Emoillent Coin Victimized Its Investors: $890,000 Loss!
India's Enforcement Directorate has launched a massive search operation against the founders of Emoillent Coin, a dubious cryptocurrency that promises high returns to investors. This operation is carried out specifically after a fraud that promised investors huge profits and ultimately caused huge losses.
Aug 2, 2024$10 Million Tokenized US Treasury Bond Investment from Ripple
Ripple announced that it will invest $10 million in tokenized US Treasury bonds that OpenEden, Asia's largest tokenization platform, plans to issue on the XRP Ledger. This will be the first time that short-term US government debt backed by US Treasury securities and collateralized reserve buybacks will be available to XRP (XRP) holders on the XRP Ledger.
Aug 1, 2024Bitcoin Price Federal Reserve and Mt. In Decline Due to Gox Effect
Bitcoin had a pessimistic start to August. The market's attention is focused on the latest Federal Reserve interest rate guidance and the improving chances of Kamala Harris against pro-cryptocurrency candidate Donald Trump in the US presidential election.
Aug 1, 2024Riot Platforms' Q2 Results: Decline in Mining Revenues
Colorado-based Bitcoin mining company Riot Platforms announced its second quarter financial results of 2024.
Aug 1, 2024Contraction in Crypto Market Before FOMC Decision
A general contraction was observed in the cryptocurrency market before the decisions of the Federal Open Market Committee (FOMC). Most cryptocurrencies traded within a narrow band before this important decision. Bitcoin fell from its peak of $70,000 this week to $66,300. Ethereum continues to trade at $3,320.
Jul 31, 2024Mt. $2.25 Billion BTC Transfer from Gox Dropped the Price of Bitcoin
On Wednesday, the price of Bitcoin fell to the closed crypto exchange Mt. It dropped below $66,000 following news of a new billion-dollar BTC transfer from Gox. This news had a significant impact on the crypto market and Bitcoin's price movements caused concern among investors.
Jul 31, 2024Grayscale ETHE Outflows Slow, $33.6 Million Inflows into Ethereum ETFs
Investments in daily Ether ETFs showed a positive return for the first time since launch day. This is considered a significant development, reversing a massive outflow of $547 million from the funds in the last four days.
Jul 31, 2024Bitcoin and Nvidia: Strong Positive Correlation Since 2022
Bitcoin began to exhibit a strong positive correlation with Nvidia (NVDA) starting in late 2022.
Jul 31, 2024ETF Performances in the Crypto Market: Bitcoin on the Rise, Ethereum Encounters Outflows
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the US started the week in different directions at a time when the cryptocurrency market was experiencing corrections. These developments, which attract the attention of cryptocurrency investors, provide important information about general trends in the market and the performance of ETFs.
Jul 30, 2024Humpy's GoldCOMP Plan Canceled: COMP Value Increases 5.6%
A significant change has occurred in the crypto world: the creation of the new yield-generating protocol called goldCOMP, proposed by Humpy and Golden Boys, has been canceled.
Jul 30, 2024New Memecoin Wave on Solana and Ethereum: The Rise of Neiro
Over the weekend, a new class of memecoins was born on the Solana and Ethereum networks after the owner of the dog that inspired Dogecoin came across a new puppy.
Jul 30, 2024BlackRock: Investors Want to Gain ETH Exposure
“Investors really want to get exposure to ETH,” said Samara Cohen, BlackRock's ETF investment chief.
Jul 30, 2024