Tag: Cryptocurrency market trends
US Bitcoin ETFs Reach $100 Billion, Impacting Largest Bitcoin Holders
US Bitcoin ETFs have made a significant impact in the market, surpassing $100 billion in net assets. This milestone, achieved in just 10 months since their launch in January, represents 5.4% of Bitcoin's total...
Kraken Introduces kBTC Amid Growing Competition in Wrapped Bitcoin Market
Kraken recently launched a new product called kBTC in the wrapped Bitcoin market to keep up with the increasing competition. This new token, kBTC, is an ERC-20 token that is fully backed and cross-network...
Top Bitcoin Mining Companies See Growth in October: Riot, Galaxy, Core Scientific on the...
Bitcoin mining companies have seen a mix of results in October, with some experiencing gains while others faced losses. Despite Bitcoin itself dropping by 4.5%, companies like Riot Platforms (RIOT), Galaxy Digital (GLXY), and...
El Salvador’s Bitcoin Experiment and its Impact on Inflation
El Salvador recently made headlines by becoming the first country in the world to adopt Bitcoin as legal tender. This move has sparked a lot of interest and debate among economists, policymakers, and the...
PYUSD Market Cap Surges 150% After Solana Launch
PYUSD market cap has seen a significant increase of 150% after expanding to the Solana ecosystem, reaching a total value of $684 million according to DefiLlama data. It's interesting to note that PYUSD usage...
Cryptocurrency Price Forecast: Solana, Poodlana, and Bitcoin in 2021
Cryptocurrency Price Forecast: Solana, Poodlana, and Bitcoin in 2021Solana (SOL) has seen a significant recovery in the crypto markets, but it still faces challenges ahead. Despite a recent bearish wave that hit the markets,...
Bitcoin Trading Update: First Mover Americas Sees $91K Price with Strong ETF Inflows
Bitcoin's price has been fluctuating around $91,000, recovering from a slight dip to just above $89,000. Although it is currently 2% lower than its all-time high of $93,445, which was reached on Wednesday afternoon,...
XRP Price Analysis: Token Drops Below $2.30, Bulls Struggle for Control
So, like, XRP is totally going through some rough patches right now. I mean, heavy selling pressure and all that jazz. The whole global economic tension thing is really taking a toll on the...
Gold’s Correction Could Drive Bitcoin Price Outlook
Gold and Bitcoin have been on a rollercoaster ride lately, with their ETF flows doing a little dance of their own. This past week saw four days where the two assets moved in opposite...
Ripple Token Surges 5% as Bitcoin Struggles at $84K
Summary:
Ripple Token, XRP, experienced a 5% surge amidst a successful week for Ripple Labs, including obtaining a payments license in the UAE and progressing towards resolving its legal battle with the SEC. Meanwhile, SOL...