The digital asset investment landscape has recently experienced modest fluctuations, with total outflows amounting to $147 million over the past week. This shift seems to stem from unexpectedly robust economic data that tempered the expectation of aggressive interest rate cuts. While trading volumes for exchange-traded products (ETPs) saw a slight uptick, rising 15% to hit
Bitcoin
The Open Network (TON) has recently marked a noteworthy achievement in the blockchain landscape, aligning itself closely with the popular messaging app Telegram. This Layer-1 blockchain has successfully crossed the monumental threshold of 100 million unique wallet addresses that maintain non-zero balances. This notable growth signifies a remarkable transformation for TON, reflecting a stunning increase
Bitcoin, the flagship cryptocurrency, continues to grapple with a significant hurdle: its inability to reclaim the pivotal 200-day moving average. This technical indicator is crucial for traders as it helps determine long-term price trends. Current market behavior suggests that if Bitcoin fails to ascend beyond this threshold, the cryptocurrency is at risk of descending further
The cryptocurrency landscape is characterized by significant volatility, and recent trends underscore the ongoing battle between bullish and bearish sentiments. After a brief upswing, the majority of assets have succumbed to corrections, leading many digital currencies to trade in the negative. This ongoing volatility has simultaneously resulted in a notable increase in derivatives liquidations, amounting
The landscape of cryptocurrency trading is evolving rapidly, especially with the recent approval of options for spot Bitcoin ETFs. This paradigm shift signals potentially significant changes in Bitcoin price volatility. Jeff Park, head of Alpha Strategies at Bitwise Investments, shares nuanced insights on this topic that are worth dissecting as traders and investors prepare for
Metaplanet, listed on the Tokyo Stock Exchange, recently reinforced its bullish outlook on Bitcoin by acquiring an additional 108.786 BTC for 1 billion yen, translating to approximately $6.7 million. This latest purchase brings Metaplanet’s total holdings to a substantial 639.503 BTC, which currently holds an estimated market value of $40.6 million. This strategic move highlights
The cryptocurrency market is a continually evolving landscape, with Bitcoin at the forefront. As one of the most discussed assets, Bitcoin’s price movements often catch the attention of analysts and investors alike. Utilizing established frameworks like the Wall Street Cheat Sheet can offer invaluable insights into the trends that influence Bitcoin’s market cycles. A recent
In recent months, the cryptocurrency market has been teetering on a precarious edge, driven by fluctuating investor sentiment and macroeconomic factors. However, analyst Ash Crypto posits that Bitcoin, the flagship cryptocurrency, is on an upward trajectory that could see its price reaching an astonishing $100,000 by the end of this year. This prediction is bolstered
The explosive growth of games linked to cryptocurrencies is a testament to how the gaming industry continues to innovate and adapt. One such game, Rocky Rabbit, has recently captured attention by launching its RabBitcoin (RBTC) token on The Open Network (TON). Following a successful airdrop, players are now seeking ways to maintain and enhance their
The past week has been tumultuous for Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States, marking a significant shift from a period of impressive net inflows to notable outflows. This sudden change can be partially attributed to growing geopolitical instability, particularly the escalating tensions in the Middle East. The market environment has shifted