TL;DR Digital asset investment products experienced significant fluctuations in their capital flows, with a general trend of net outflows totaling $30 million. Ethereum saw outflows of $61 million in the last week and $119 million over the past two weeks, positioning it as the worst-performing asset of the year. Regionally, the United States, Brazil, and […]
TL;DR Polymarket surpassed $100 million in monthly trading volume in June, driven by the anticipation of the 2024 U.S. presidential elections. The “Presidential Election Winner 2024” market accumulated $203.3 million in bets, with Trump as the favorite with a 63% chance. Bets on Biden’s possible withdrawal surged after the controversial debate, with probabilities of 43% […]
The German government has moved another stash of its seized Bitcoin to some of the world’s top crypto exchanges, stirring new fears of a possible liquidation of its Bitcoin reserves. Despite the latest transfers, it currently possesses Bitcoins worth around $2.82 billion. Germany’s Bitcoin Transfers Continues According to an update by Lookonchain, the German government […]
A widely followed analyst is issuing a warning to crypto bears, saying that their window is closing to push the market to lower levels. Pseudonymous analyst the Flow Horse tells his 220,100 followers on the social media platform X that he’s bullish on Solana (SOL)-based meme token dogwifhat (WIF). According to the analyst, WIF is […]
Digital assets manager CoinShares says that institutional crypto products sustained outflows last week for the third week in a row. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products suffered $30 million in outflows last week. “Digital asset investment products saw a third consecutive week of outflows totaling US$30m, with last […]
The knitted-hat-wearing canine of the crypto world, Dogwifhat (WIF), is back in the spotlight. After a price slump in April, WIF has rekindled its meme magic, surging 21% in the past week and reigniting dreams of a $5 price target. Wags And Trades: A Market Rejuvenated The rally has been fueled by a potent cocktail […]
Chelsea Football Club and their principal partner, Bingx, say they have taken their partnership to the next level. Bingx, a leading cryptocurrency exchange, has transitioned from being a sleeve partner to becoming the official training wear partner for Chelsea’s men’s team. Fans worldwide will now see the Bingx logo on the team’s training apparel for […]
Dealing with decentralised trading markets entails significant volatility, price action and fluctuating speculations that can carry a digital …
The meme cryptocurrency sector is in the process of stunning recovery
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities.
Cryptocurrency firm Circle announced today (Monday) that it is now registered as an electronic money institution (EMI) in France. This registration grants Circle the license to become a compliant stablecoin issuer under the European Union’s cryptocurrency regulations. Circle, known primarily for its USD Coin (USDC) stablecoin, received the e-money license from France’s banking industry regulator, […]
Ethereum (ETH) creator Vitalik Buterin says that the crypto regulatory climate is turning into an “anarcho-tyranny” that is unfavorable for the industry. In a post on the decentralized social network Warpcast, Buterin says that there is an unfair situation in crypto where founders who are transparent with their business models are targeted by regulators for […]
ETFSwap (ETFS) has launched its coin presale with remarkable success, capturing the attention of investors and leaving prominent cryptocurrencies like Solana (SOL) and Ethereum (ETH) behind. The overwhelming demand for the ETFSwap (ETFS) coin presale quickly establishes itself as a formidable contender in the crypto ETF space, attracting all investors. ETFSwap (ETFS): 10x Leverage And […]
The German Federal Criminal Police Office (BKA) on Monday transferred an additional 1,500 Bitcoin, valued at nearly $95 million, to multiple crypto exchanges, including Bitstamp, Coinbase, and Kraken. JUST IN: 🇩🇪 German Government sends another 1,500 #Bitcoin worth $95 million to exchanges 👀 pic.twitter.com/AZqs0UFWei — Bitcoin Magazine (@BitcoinMagazine) July 1, 2024 This follows a series […]
TL;DR Aave V3 will be deployed for the first time on a non-EVM-compatible blockchain, Aptos, marking a milestone for the DeFi economy. Aptos offers a capacity of over 30,000 transactions per second (TPS), predictable low costs, and advanced security with the Move programming language, ideal for high-performance DeFi applications. The deployment process includes an initial […]
TL;DR Sony Group is poised to enter the crypto market with the acquisition of Amber Japan, now rebranded as S.BLOX, aiming to expand its influence in Japan’s digital financial sector. The goal is to revitalize S.BLOX by enhancing its WhaleFin service with a new interface and applications to optimize cryptocurrency trading. The renowned company’s strategy […]
Over this past weekend, Bitcoin (BTC) experienced a significant rally, pushing its price above $63,000—an increase of 5.6% since hitting a low below $60,000 on Friday. This unexpected surge occurred despite a lack of major news triggers, leading to speculations and analyses concerning the underlying causes. Here’s a deep dive into three key factors that […]
Saylor’s message comes at crucial time in market
Robinhood Markets, Inc. has acquired Pluto Capital Inc., an Artificial Intelligence (AI)-powered investment research platform. Pluto delivers highly-customized investment strategies based on individual customer needs and financial goals. With this strategic move, Robinhood aims to enhance its data-driven investing capabilities. Jacob Sansbury, Pluto’s Founder and CEO, joins Robinhood to integrate AI across their platform. Investors […]
Meme coins continue to rally as we enter July. Dogwifhat, Bonk, and Brett are leading the way, all posting solid gains in the past 24 hours. Meanwhile, Base Dawgz is impressing in its presale phase – and has just passed the $2.2 million funding milestone. Dogwifhat Turns Heads with Sharp Price Rise Dogwifhat’s (WIF) recent […]
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
Japan's multi-industry conglomerate Sony is set to launch a cryptocurrency exchange subsidiary by revamping the local trading platform WhaleFin.
Sony Corporation is preparing to launch a cryptocurrency exchange subsidiary by transforming the local trading platform WhaleFin, which it acquired last year. According to a press release today (Monday), WhaleFin has been rebranded as S.BLOX Co. The subsidiary aims to collaborate with Sony Group’s other businesses to enhance its crypto trading services. S.BLOX Launch Date […]
Pseudonymous analyst Rekt Capital says that one benchmark indicator is signaling that Bitcoin (BTC) is currently undervalued, with more upside to be captured. In a new video update, the analyst takes a look at the Pi Cycle top indicator, which has been used on Bitcoin for nearly a decade. The Pi Cycle top indicator uses […]
Sony Group is preparing to launch a Bitcoin and crypto exchange in Japan after acquiring Amber Group’s local subsidiary, Amber Japan. The revamped exchange will be called S.BLOX and aim to boost Sony’s presence in the Bitcoin and crypto space. JUST IN: 🇯🇵 $103 billion Sony to launch #Bitcoin and crypto exchange. pic.twitter.com/wUAE1l8eq5 — Bitcoin […]
Senior managers at BlackRock are optimistic about their IBIT fund’s early success post-launch. They have identified access as a key advantage of these funds and view Bitcoin as a volatile, nascent asset that serves as a hedge against risks. Meanwhile, interest in crypto funds is increasing, though amid delays for the Ether funds it’s unclear […]
Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a notorious breeding ground for volatility, has been especially significant in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC weekend trading volumes have plunged to historic lows, potentially […]
Bitcoin went through serious reductions throughout last month but is now back in an upward range, gaining traction with a 3% surge in the last 24 hours. More growths may continue to leave the bears in disbelief. During last month’s sell-off, Bitcoin lost several support levels and fell to the $58,402 level – leading to […]
Macro guru Raoul Pal says that a new wave of liquidity is set to arrive to financial markets, changing the climate for risk assets. In a new video update with Real Vision analyst Julien Bittel, Pal forecasts that a number of different catalysts will boost global liquidity, which he thinks is the main driver of […]
S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions.
The world of cryptocurrency is witnessing a significant shift as regulatory bodies across the globe are stepping up their efforts to establish a …
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones […]