This week’s cryptocurrency market saw mixed trends across major assets. Bitcoin (BTC) rose by 0.75%, buoyed by renewed institutional interest and increasing adoption, as reported by CoinTelegraph. Ethereum (ETH), however, dropped by 3.76%, with market sentiment dampened by ongoing concerns around delays in Ethereum staking withdrawals, according to Decrypt. Litecoin (LTC) saw a significant decline … Read more
The US Federal Reserve’s interest rate decisions are major events in global markets, including the cryptocurrency space. For Malaysian investors new to the world of digital assets, here’s a simple breakdown of what to expect from upcoming Fed decisions and how they could affect your crypto portfolio. 1. Impact on Market Sentiment When the Fed … Read more
As of the latest market updates, Bitcoin (BTC) is trading at RM 257,999.95, reflecting a decrease of 2.29%, driven by investor caution ahead of the US Fed’s interest rate decision on September 18th, which has led to a broader market pullback, according to CoinDesk. Ethereum (ETH) has seen a larger decline of 4.41%, now priced … Read more
This week, the cryptocurrency market saw mixed performances across major assets. Bitcoin (BTC) edged down by 0.96%, influenced by cautious market sentiment amid ongoing regulatory scrutiny, as reported by Bloomberg. According to CNBC, Bitcoin’s slight dip is due to concerns over potential U.S. regulatory crackdowns and a broader market pullback. Investors also took profits after … Read more
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