Crypto Liquidations Hit Record $1.7 Billion: What to Know

Crypto Liquidations Hit Record $1.7 Billion: What to Know

December 10, 2024

Some top crypto assets liquidated in the past day included more than $1.53 billion in longs and $155 million in shorts. These record crypto liquidations prove that the crypto market has become so volatile. There were $235 million in Ethereum liquidations, while…

Crypto ETFs Note Record Inflows as BTC and ETH’s Prices Surge

Crypto ETFs Note Record Inflows as BTC and ETH’s Prices Surge

December 9, 2024

The broader digital asset market had a historic week, with rising investor interest in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). With positive regulatory developments and increasing market confidence, crypto ETFs recorded new milestones that signified the continuation of a bullish…

Bitcoin ETFs Inflow End with $400M Outflows: What to Know

Bitcoin ETFs Inflow End with $400M Outflows: What to Know

November 15, 2024

Spot Bitcoin ETFs in the United States experienced their first net outflow since Donald Trump’s election as president, marking the end of an inflow streak that began on Nov. 5. According to data from Farside Investors, 11 Bitcoin ETFs collectively posted a…

Ethereum ETFs Hit Record $295M Inflow as Market Rallies

Ethereum ETFs Hit Record $295M Inflow as Market Rallies

November 12, 2024

Historic Inflows Mark Growing Interest in Ethereum ETFs Ethereum ETFs in the United States recorded a historic $294.9 million in inflows on Nov. 11, marking their largest single-day inflow since their July launch. This surge highlights the growing interest in Ethereum ETFs…

Ethereum Foundation Allocates $500M to Ecosystem Growth

Ethereum Foundation Allocates $500M to Ecosystem Growth

November 8, 2024

Ethereum Foundation Deploys $500M to Projects The Ethereum Foundation disclosed that it deployed nearly $500 million to ecosystem projects between 2022 and 2023. According to its 2024 annual report, $497 million was allocated to support various projects, with the Foundation contributing $240.3…

Crypto Whale Actions Trigger Market Fluctuations: Here’s How

Crypto Whale Actions Trigger Market Fluctuations: Here’s How

October 22, 2024

The cryptocurrency market experienced a significant spike in large transactions following crypto whale actions on leading assets like Bitcoin, Ethereum, Toncoin, and Cardano. Data from IntoTheBlock indicated that Bitcoin had the largest transaction volume of nearly $44 billion on October 21st. Crypto…

Vitalik Buterin Downplays Criticism of Ethereum’s DeFi Neglect

Vitalik Buterin Downplays Criticism of Ethereum’s DeFi Neglect

August 26, 2024

Following accusations that the Ethereum network does not care about decentralized finance (DeFi), Vitalik Buterin has downplayed the criticisms over alleged neglect. According to the Ethereum co-founder, DeFi has been an important part of Ethereum’s ecosystem core principle. Frustrations over Ethereum’s DeFi…

Analyst Optimistic Bitcoin Breakout Hinges on US Macroeconomic Factors – 10X Research

Analyst Optimistic Bitcoin Breakout Hinges on US Macroeconomic Factors – 10X Research

July 30, 2024

Analysts predict a rate cut from the Fed on Wednesday could propel Bitcoin above $70,000.  Crypto experts count on several factors to trigger a critical price breakout for Bitcoin despite the historical trends indicating flat and negative returns in August and September….