Market Conditions: What’s Happening?

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

Weekly Crypto Roundup: Updated 31 July 2024

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

Weekly Crypto Roundup: Updated 24 July 2024

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

Weekly Crypto Roundup: Updated 17 July 2024

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

Weekly Crypto Roundup: Updated 10 July 2024

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

Weekly Crypto Roundup: Updated 26 June 2024

This week, all cryptocurrencies listed on Tokenize Malaysia experienced significant price declines. According to CoinTelegraph, the market downturn is attributed to several factors, including outflows from Bitcoin ETFs and selling pressure from the German government’s BTC movements. Additionally, the anticipated selling from Mt. Gox creditors has raised concerns about increased market supply. The strengthening U.S. … Read more

Weekly Crypto Roundup: Updated 19 June 2024

The cryptocurrency market on Tokenize Malaysia has seen mixed performance over the past week. Uniswap (UNI) defied the overall trend with a surge of an impressive 24.00%, while other major tokens experienced price declines. Bitcoin (BTC) dipped by 3.35%, Ethereum (ETH) gained slightly by 1.19%, Litecoin (LTC) fell by 6.76%, Ripple (XRP) dipped by 0.43%, … Read more