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Bitcoin hash rate plummets to 567 EH/s: steepest 7-day decline since July 2021
Quick Take A recent analysis by CryptoSlate indicates that Bitcoin miners continue to capitulate, as evidenced by the hash ribbon metric. Glassnode data shows that the current hash rate, observed on a seven-day moving average, has dropped to 567 exahashes per second (EH/s), marking its lowest point since the post-halving period. дальше »
2024-6-3 21:19 | |
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Bitcoin flirts with $70,000 as digital assets face $156 million in liquidations in past 24 hours
Quick Take Bitcoin continues to make headlines as it flirts with the $70,000 mark. Earlier today, it briefly surpassed $70,200 just before the US markets opened before retreating back to around $69,100. дальше »
2024-6-3 17:55 | |
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Space ID set to unlock 18% of token supply this month
Space ID will unlock $55 million in ID tokens, representing 18% of its supply. Token releases also take place for Arbitrum, Starknet. The post Space ID set to unlock 18% of token supply this month appeared first on Crypto Briefing. дальше »
2024-6-3 08:05 | |
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Solana meme coins are booming: Piggy Bankster (PIGS) could be next
Solana (SOL) has become one of the fastest-growing blockchains in 2024, as developers take advantage of its fast transaction speeds and lower transaction costs. It is the second-biggest player in the Decentralised Finance (DeFi) industry after Ethereum while its DEX platforms like Raydium, Orca, and Jupiter have become giants Solana’s meme coins are doing well […] дальше »
2024-6-2 09:46 | |
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This Is the Direction BONK Price Could Take Following 20% Decline
BONK price is largely sideways bound since the meme coin has been unable to secure the confidence of investors. The post This Is the Direction BONK Price Could Take Following 20% Decline appeared first on BeInCrypto. дальше »
2024-6-1 20:00 | |
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Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm?
Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the ETH Estimated Leverage Ratio has been on the up recently. дальше »
2024-6-1 19:00 | |
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Rising M2 money supply signal potential tailwinds for Bitcoin
Quick Take Analyzing recent data from the Federal Reserve Economic Data (FRED), we observe significant trends in the Federal Reserve’s balance sheet and the M2 money supply. The Federal Reserve’s balance sheet has been gradually declining (quantitative tightening), now standing at $7. дальше »
2024-6-1 18:50 | |
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Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions
Quick Take Kraken, the digital asset exchange, recently experienced its largest outflow in dollar value, with approximately $1. 6 billion being transferred out of the platform on May 30, according to Glassnode data. дальше »
2024-5-31 13:50 | |
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Fidelity’s $119.1 million inflow boosts Bitcoin ETF gains as inflows hit 13-day streak
Quick Take On May 30, Farside data revealed that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced another inflow of $48. 8 million, marking 13 consecutive trading days of positive inflows. The current record is 17 successive inflows, indicating strong investor confidence in these financial instruments. дальше »
2024-5-31 12:11 | |
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Blockchain Life 2024 to Take Place in Dubai at the Peak of the Bull Run
The legendary Blockchain Life 2024 will return for its 13th edition on October 22-23. As Dubai gains a reputation as a global crypto hub, the forum is set to be the central event of this year. With the highly anticipated peak of the crypto market growth still ahead, the forum presents an excellent opportunity for … Continued The post Blockchain Life 2024 to Take Place in Dubai at the Peak of the Bull Run appeared first on BeInCrypto. дальше »
2024-5-31 09:33 | |
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Tether asserts almost 75% dominance in stablecoin market
Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top five stablecoins surpassing $150 billion. Leading the pack is Tether (USDT), which alone boasts a market cap of $112 billion — solidifying its dominance with nearly 75% market share, a level not seen since January […] The post Tether asserts almost 75% dominance in stablecoin market appeared first on CryptoSlate. дальше »
2024-5-31 01:28 | |
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Is Semler Scientific Adopting MicroStrategy’s Bitcoin Treasury Playbook?
In a conversation with Bitcoin Magazine, Semler Scientific’s chairman shared that he admires what Michael Saylor has done with MicroStrategy’s bitcoin treasury but noted that his company will take its own unique approach. дальше »
2024-5-31 17:09 | |
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Mpost Announces Hack Seasons Brussels: A Premier Event Uniting Innovators in Web3 on July 7th
Mpost, the leading media that covers Web3, AI, Metaverse, and Finance, has announced the much-anticipated Hack Seasons Brussels. This flagship event, which will take place in Brussels on July 7th, will surely attract the technological community’s attention. дальше »
2024-5-30 09:09 | |
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Bitcoin miner capitulation: 14 days in, compared to 41-day average over the past 5 years
Quick Take The Hash Ribbon chart by Glassnode is a market indicator that identifies potential bottoms in Bitcoin’s price by analyzing miners’ behavior. Specifically, it suggests that Bitcoin reaches a bottom when miners capitulate, meaning mining becomes unprofitable relative to the costs. дальше »
2024-5-30 19:50 | |
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Bitcoin spot market anticipates consecutive monthly drops post six-month growth period
Quick Take According to data from The Block, Bitcoin’s spot market volume saw a consistent upward trend from September 2023 to March 2024. The total spot market volume across all exchanges in September 2023 was $324 billion. дальше »
2024-5-29 16:38 | |
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3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work
Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral. дальше »
2024-5-31 15:32 | |
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UXLINK Season 1 Airdrop Voucher NFTs to be Snapshot on June 3 – Over 1.41 Million Unique Community Addresses Minted So Far
The largest Web3 social platform and infrastructure, UXLINK, announced on Platform X that the “In UXLINK We Trust” Season 1 Airdrop Voucher NFTs will take a snapshot on June 3 at 23:59 UTC, after which the NFT number range will be announced. дальше »
2024-5-29 15:16 | |
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London Stock Exchange’s new crypto ETNs see sluggish start, only 200 shares traded
Quick Take On May 28, the London Stock Exchange opened trading for crypto exchange-traded notes (ETNs), but access was restricted to regulated financial investors, excluding retail traders. This development raises questions about the demand for these ETNs, especially since European investors have already had access to digital asset ETFs for some time now. дальше »
2024-5-29 13:21 | |
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BlackRock’s IBIT overtakes Grayscale’s GBTC Bitcoin holdings amid inflow surge
Quick Take Farside data shows that Bitcoin (BTC) Exchange-traded funds (ETFs) experienced $45 million in inflows on May 28. Seven of eleven ETFs recorded positive inflows, reflecting broad interest among issuers. дальше »
2024-5-29 11:14 | |
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Crypto Miner Riot Platforms Set to Take Over Rival Firm Bitfarms
Riot Platforms Inc. proposes a takeover of Bitfarms Ltd., offering a 15% premium and aiming to enhance governance amidst industry consolidation. The post Crypto Miner Riot Platforms Set to Take Over Rival Firm Bitfarms appeared first on BeInCrypto. дальше »
2024-5-29 17:07 | |
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Solana Memecoin GME Rallies 500% But RCO Finance (RCOF) Could Take The Lead Soon
The Solana memecoin niche has dominated the latest bull run in crypto, experiencing rapid growth since 2023. With its high-throughput and low transaction fees (as low as 0. 0001 SOL), Solana has become a well-known force in crypto. дальше »
2024-5-29 02:33 | |
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Altcoin Analyst: Pick Meme Coins That Pump And Don’t Dump
In a recent update on popular YouTube channel CoinBureau (with some 2. 45 million subscribers), crypto altcoin analyst and CoinBureau show host Guy Turner shared with viewers some basic steps they can take to minimize the risk of rugpulls and dumps by recognizing the difference between “coordinated” meme coins and “community-driven” meme coins. дальше »
2024-5-28 20:30 | |
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FLOKI, WIF, BONK top gainers as meme coins take over markets
The meme coin sector is gaining traction again in the crypto markets because of its performance and remarkable growth. The top gainer for today, rising 21%, is Floki (FLOKI), which currently sits at $0. дальше »
2024-5-28 20:15 | |
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Market volatility triggers $1 billion worth of Bitcoin sent to exchanges at a loss by short-term holders
Quick Take On May 23, Bitcoin experienced a slight decline, dropping to a low of approximately $66,300. This dip was triggered by the S&P US Composite PMI Flash exceeding consensus expectations, pushing anticipated rate cuts further away. дальше »
2024-5-26 17:45 | |
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Ethereum could take 'months to be deflationary' - What about ETH’s bull run?
ETH’s inflationary state persisted as issuance remained 3X the burn rate. Analysts were bullish on ETH post-ETF approval, but short-term drop could not be overruled. Ethereum's [ETH] iThe post Ethereum could take 'months to be deflationary' - What about ETH’s bull run? appeared first on AMBCrypto. дальше »
2024-5-23 17:30 | |
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NVIDIA’s record-breaking Q1 revenue fuels AI, Bitcoin mining convergence
Quick Take According to the NVIDIA newsroom, NVIDIA achieved a record quarterly revenue of $26 billion in Q1 2024, marking an 18% increase from Q4 2023 and a staggering 262% rise from the same period last year. дальше »
2024-5-23 14:33 | |
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U.S. Bitcoin ETFs amass 2,212 BTC in a day, led by BlackRock’s IBIT and Fidelity’s FBTC
Quick Take On May 22, Bitcoin (BTC) exchange-traded funds (ETFs) experienced significant activity, bringing in a total of $154. 0 million, according to Farside data. However, the breadth of these inflows was limited, with only three ETF issuers recording positive inflows. дальше »
2024-5-23 12:12 | |
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Shiba Inu price prediction: Why a SHIB recovery could take time
Shiba Inu has a bearish internal structure due to the ongoing retracement. A move higher is anticipated but it would likely fall short of a bullish breakout. Shiba Inu [SHIB] bulls were tryiThe post Shiba Inu price prediction: Why a SHIB recovery could take time appeared first on AMBCrypto. дальше »
2024-5-23 20:00 | |
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Bitcoin market cap nears 10% of gold as institutional interest soars – Incrementum report
Quick Take A report compiled by wealth management firm Incrementum, shared by Tuur Demeester, a researcher at Adamant Research sheds light on the growing institutional interest in Bitcoin. The research, titled “The New Gold Playbook,” highlights the increasing resemblance of Bitcoin to gold, supported by various charts. дальше »
2024-5-23 18:50 | |
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Ethereum futures hit one-year high, liquidation risks loom
Quick Take Ethereum has skyrocketed 20% over the past five days, fueled by speculation that a highly-anticipated Ethereum ETF has a 75% chance of approval. This has driven increased activity in Ethereum futures markets, with open interest (the total value of open futures contracts) hitting a one-year high of 3. дальше »
2024-5-22 14:22 | |
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Waiting for Ethereum ETF? Analyst predicts launch delay
ETH ETF approval could be likely, but the official launch could take some time, per analyst. Mixed feelings on the potential threat of ETH ETF, if approved, to BTC ETFs. Crypto markets rThe post Waiting for Ethereum ETF? Analyst predicts launch delay appeared first on AMBCrypto. дальше »
2024-5-22 14:00 | |
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BlackRock’s IBIT ETF rakes in $290 million in one day, lifting total net inflows to $16 billion
Quick Take Farside data shows that on May 21, the Bitcoin (BTC) exchange-traded funds (ETFs) collectively accumulated $305. 7 million, marking the largest single-day inflow since May 3. Despite the impressive overall figure, the breadth of inflows from ETF issuers remained relatively narrow, with only two issuers contributing to the surge. дальше »
2024-5-22 12:46 | |
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Pyth Network (PYTH): bulls take charge post price feed release and token unlock
Despite starting the day on a decline, Pyth Network (PYTH) has regained and is currently trading 20% higher over the past 24 hours. Today’s price swing was influenced by a major token unlock and the release of a new LISUSD/USD price feed. дальше »
2024-5-21 22:36 | |
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Derivatives data tracking Bitcoin’s response to global crises shows market cycle far from over
Quick Take Capriole Investments’ derivatives data offers a unique lens into Bitcoin’s market health. By analyzing Bitcoin perpetual, futures, and options weighted by open interest, Capriole defines a metric that provides valuable insights. дальше »
2024-5-21 19:45 | |
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Metaplanet’s Bitcoin investment propels shares up 17%
Quick Take Metaplanet Inc. is taking a bold step towards embracing Bitcoin as part of its corporate strategy. On April 26, the company announced it had purchased up to 1 billion Yen worth of Bitcoin, outlining its approach to adopting the digital asset. дальше »
2024-5-21 18:40 | |
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Is Bitcoin the next asset to catch up with the rally?
Quick Take As economic uncertainty looms, traditional safe-haven assets like gold, silver, and copper are soaring to new heights. Gold recently hit a new all-time high of $2,443 an ounce, up nearly 20% year-to-date. дальше »
2024-5-20 13:36 | |
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U.S. Bitcoin ETFs notch $948.3 million in accumulation over five days
Quick Take Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) accumulated an impressive $948. 3 million over five consecutive trading days. This remarkable streak marks the first time such a feat has been achieved from March 11 to March 15. дальше »
2024-5-20 11:57 | |
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Experts’ Assurance: BEFE Coin on Track to Turn $100 into $200,000!
Experts had already predicted that the BEFE Coin would take a massive jump, allowing winnings to go from $100 to $200,000 instantly, but it came as a surprise. Folks are investing in this ground-breaking opportunity in the fast-evolving crypto scene because of its exclusive possibilities. дальше »
2024-5-20 11:25 | |
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Bitcoin is wandering in the bear zone, whales take a step back
The Bitcoin (BTC) price has been roaming below the crucial $67,000 after it briefly touched an intraday high of around $67,600. BTC declined by 0.7% in the past 24 hours and is trading at $66,500 at the time of writing.… дальше »
2024-5-20 10:34 | |
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