US Inflation Rate Drops to 2.9%: A Boost for Crypto Markets?
On August 14, 2024, the U.S. Consumer Price Index (CPI) revealed a significant decrease in the annual inflation rate to…
Tether, the issuer of the USDT stablecoin, is making significant strides into the artificial intelligence (AI) sector and other emerging technologies, fueled by a remarkable surge in profits. In 2024,…
The recent downturn in the cryptocurrency market has raised questions about the strategies of leading crypto funds, particularly regarding their focus on Solana (SOL) amidst significant volatility. Despite the sharp…
Bitcoin's recent price plunge has dealt a heavy blow to newcomers, with short-term holders (STHs) facing a massive 93% in unrealized losses, levels reminiscent of the fallout from the FTX…
On August 5, Bitcoin and Ethereum ETFs in the US experienced an unprecedented surge in trading activity, reaching nearly $6 billion amid market volatility. This significant spike underscores the heightened…
On Monday, Bitcoin, Ether, and other cryptocurrencies experienced a significant downturn due to widespread risk aversion in global markets.
As of 6:35 UTC, Bitcoin had dropped 12.6%, trading at $50,827. This…
On August 1, 2024, Bitcoin’s network difficulty surged by over 10.5%, ending a three-month downward trend and setting a new all-time high. This increase in difficulty, which measures the effort…
In the first half of 2024, a remarkable 37 new crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs) were introduced worldwide. This surge is part of a broader trend, with…
Bitcoin Dominance Persists as Market Corrects
The altcoin sector continues to trail behind Bitcoin (BTC), which holds a dominant market position. As of Wednesday, Bitcoin's dominance was at 56.20 percent, with…
Bitcoin has taken a significant hit today, dropping below the $67,000 mark for the first time in weeks. This sudden price slide has sent shockwaves through the cryptocurrency market, leading…