This week, the cryptocurrency market experienced a broad sell-off, with most major assets recording losses. Bitcoin (BTC) declined by 0.72%, partly due to the liquidation of long positions and uncertainty surrounding potential interest rate hikes, as reported by Bloomberg. Ethereum (ETH) faced a sharper drop of 8.86%, driven by fading momentum from recent ETF launches … Read more
This week, the cryptocurrency market saw varied performances across major assets. Ethereum took a significant hit, dropping 11.57% despite the short-term drop, Ethereum’s long-term fundamentals remain strong. The recent Ethereum ETFs, such as those from VanEck and Grayscale, still signal growing institutional interest, which could lead to more capital inflows in the future. On the … Read more
This week, the cryptocurrency market saw notable gains, with Uniswap (UNI) leading the charge, up 25.49%, followed by Ethereum (ETH) surging 18.58%. Reported by Decrypt, Uniswap’s surge was driven by its recent integration with PayPal, allowing users to purchase cryptocurrencies directly through the platform, a move that significantly expanded its user base and increased trading … Read more
This week, the cryptocurrency market experienced significant declines, with Bitcoin (BTC) down 18.54%, Ethereum (ETH) dropping 26.86%, and Litecoin (LTC) falling 31.42%. The downturn is attributed to heightened regulatory scrutiny and a broader market sell-off, exacerbated by fears of an economic slowdown. Recent news about the US government’s move of 58.74 Bitcoin (BTC) to Coinbase … Read more
The digital asset market has just witnessed its largest three-day sell-off in 12 months, shedding as much as $510 billion from its total market capitalization since August 2nd. The initial drop of Bitcoin to below $60,000 on August 1st was triggered by the US Federal Reserve’s decision to keep interest rates unchanged at the range … Read more
This week, the cryptocurrency market saw varied price changes. Notably, Ethereum (ETH) declined by 4.63% as the decline occurred despite significant inflows into Ethereum ETFs, which saw $2.2 billion in new investments, the largest since December 2020. CoinShares reported that digital asset investment products experienced net inflows of $245 million last week, with trading volumes … Read more
This week, the cryptocurrency market saw significant movements, with Bitcoin (BTC) experiencing a notable drop of 8.50%. This decline appears against the backdrop of the commencement of Mt. Gox’s reimbursement of its creditors with over 140,000 BTC, worth approximately $8.5 billion. According to a Telegram group of Mt. Gox creditors, the repayments began on July … Read more
In the past week, the cryptocurrency market has experienced notable fluctuations, with some assets showing significant gains while others faced declines. XRP (XRP) leads the pack with a massive 29.19% increase. This spike could be influenced by favorable legal developments in the ongoing Ripple-SEC lawsuit and increased utility of XRP (XRP) in cross-border payments. On … Read more
The cryptocurrency market has experienced notable volatility over the past week, with a mix of significant losses and gains across various digital assets. Litecoin (LTC) experienced the most substantial decline among major cryptocurrencies, with a drop of 18.53%. This decrease can be due to the market wide correction and failure to maintain levels above RM345. … Read more
In the new month of July, BTC, ETH and UNI experienced a decrease over the past week. On the contrary, LTC, SOL and BCH did significantly well while XRP remains constant. The price of SOL surged by 19.60%, could be driven by the anticipation of a Spot Solana ETF approval by the SEC, the success … Read more