The past week has been a challenging one for Spot Bitcoin ETFs, as they experienced a lack of significant inflows day after day. This trend of consecutive daily outflows indicates a potential decline in the bullish sentiment among institutional traders. The impact of this decline can be seen in the price of Bitcoin, which dropped
The recent surge in the cryptocurrency market has brought to light the growing appetite for speculative investments within the crypto community. This trend was exemplified by a memecoin on $BNB that raised an astonishing $280 million in a presale, surpassing initial expectations and drawing widespread attention. The extensive commitment from BNB Chain’s prominent cryptocurrency holders
In the fast-paced world of cryptocurrency, where trends come and go in the blink of an eye, Dogecoin20 has emerged as a formidable player in the meme coin game. With its recent presale raising a staggering $37 million, the buzz surrounding Dogecoin20 is palpable. The upgraded version of Dogecoin has garnered over $7.6 million in
The recent price performance of Bitcoin has caused concern within the crypto community, as the market has seen a decline in prices for various large-cap tokens. Despite this, some investors are seizing this opportunity in the bullish market to accumulate assets. On-chain data reveals that over 25,000 BTC, equivalent to $1.6 billion, was transferred to
Bitcoin’s price movements over the weekend have been somewhat underwhelming as the asset has calmed at just over $64,000 after the previous week’s volatility. The altcoins are, in general, also less volatile today, with a few exceptions like Dogecoin, which has surged by around 7%. The last business week started on a highly unfavorable note
Recently, a 46-year-old housewife in Hong Kong found herself in a nightmare scenario after losing a staggering 7.1 million Hong Kong dollars ($908,000) to a fraudulent crypto investment platform. This incident sheds light on the dangers of falling victim to scams in the digital asset space. The housewife was approached by fraudsters through Instagram, who
Coinbase, the derivatives arm of the largest American cryptocurrency exchange, has announced its plans to launch futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. This move is set to bring more diversity and options to the cryptocurrency market, allowing traders to speculate on the price movements of
The price of Ethereum has been disappointing investors lately, with the initial stellar start to the month not living up to expectations. This bearish pressure is not limited to Ethereum alone but is a widespread phenomenon in the cryptocurrency market as a whole. However, what sets Ethereum apart is the additional concern of regulatory uncertainty,
The recent report released by the United Nations Security Council sheds light on the alarming fact that North Korea earns a significant portion of its foreign exchange earnings through cyberattacks. According to the report, approximately 50% of North Korea’s foreign exchange earnings are derived from cyber-related activities, making it a major source of revenue for
Ethereum’s network has experienced a significant increase in daily active users and daily transaction volume. Despite this growth, the price of ETH, Ethereum’s native cryptocurrency, has seen a decline of over 10% in the past week. This decrease in price is particularly notable when compared to Bitcoin and the S&P 500. However, the number of
