This Week’s Biggest Losers Revealed as Bitcoin (BTC) Price Tumbles to $58K (Weekend Watch)
It wasn’t a good week for bitcoin as the asset is down by about 9%, and it slipped below $58,000 earlier today for the third time in days. The altcoins…
Weekly ETF Recap: Bitcoin Sees Massive Outflows, Minimal Demand for Ethereum
BTC’s price is down by nearly 10% on a weekly scale and this is perhaps no surprise given the substantial outflows seen from the spot Bitcoin ETFs in the States.…
ChatGPT Analyzes Which Altcoin Will Perform the Best by 2024’s End (Hint: it’s Not Ripple (XRP))
TL;DR ChatGPT highlighted Ethereum (ETH) as the leading contender for a strong rally in the following months (among the altcoins). Somewhat surprisingly, the chatbot did not include Ripple (XRP) as…
Veteran Cryptocurrency Analyst Says Market May Surprise Investors, Assesses Possibility of a Bull Rally
Michaël van de Poppe, a well-known crypto analyst, recently shared his views on the current state of the cryptocurrency market. He said that the markets are currently in a consolidation…
Why Bitcoin ETFs Boosted BTC Price but Ethereum ETFs Didn’t Have the Same Impact? Here are Expert Opinions
Recent analysis by Galaxy Research reveals a significant disparity in trading volumes between Ethereum and Bitcoin ETFs. Since their launch, Ethereum ETFs have consistently traded at volumes well below Bitcoin…
Bitcoin (BTC) Dropped to $57,000, Four Altcoins Separated Positive From the Market! Here Are the Stars of the Day!
Cryptocurrency prices continue to worry investors as they start September with another decline. While Bitcoin (BTC) has dropped to the $57,000 level, Ethereum (ETH), Solana (SOL), and XRP are also…
Top Memecoins Based on Weekly Trading Volume
The swiftly evolving crypto realm has witnessed a significant position of memecoins in an exclusive category. Phoenix, a popular crypto analytics company, has recently shared the list of well-known meme…
Bitcoin balances on exchanges plunge 25% to 2.39M BTC from peak
Exchanges around the world now hold about 2.39 million bitcoins, worth roughly $139.86 billion at the current market price. This represents a 25% decline in Bitcoin exchange balances since their…
Crypto bulls bleed as Bitcoin drops to $57k, What’s next?
The global digital assets market printed red indexes all around as the biggest crypto slips to the $57,000 price zone. Bitcoin has now seen a drop of over 10% in…
Bitcoin miners see all-year low revenue in August
Bitcoin mining profit has hit the lowest recorded in 2024 in August. August witnessed a $99.75 million drop in revenue compared to July. According to the data from The Block,…