Tag: Cryptocurrency market trends
Bitcoin’s Future Brightens as Key Stablecoin Metric Hits 18-Month Low
Bitcoin has shown resilience in the face of recent market volatility, quickly bouncing back to nearly $60,000 after a drop below $50,000 last week. This recovery is supported by a key metric called the...
Ethereum ETFs Pave Way for Growth as Grayscale’s ETHE Halts Outflows
Ethereum ETFs are making waves in the cryptocurrency market as Grayscale's ETHE halts outflows. Recent data from Farside shows that Bitcoin ETFs received a significant inflow of $27.8 million on Aug. 12, with ARK's...
Cryptocurrency Price Prediction: Sui, Bitcoin, Poodlana – CoinJournal
Among the cryptocurrencies making waves this week, SUI stands out as the top gainer. Its price has surged by 20.52% in the past 24 hours, according to CoinMarketCap, and has seen a remarkable increase...
XRP Price Surge Linked to ETF Speculation, Analysts Believe
Traders have shown strong interest in XRP's $1.10 call option on Deribit, with over $2 million locked in, making it the most popular option available. This surge in activity in the XRP options market...
Bitcoin Reaches $125 Trillion in Transaction Volume: A Milestone in Cryptocurrency History
Bitcoin's transaction volume has reached an impressive milestone, hitting $125 trillion in FIAT terms, according to recent data. This marks a significant increase from the $114 trillion recorded at the beginning of the year,...
Bitcoin Volume Hits Record High After FTX Collapse: What It Means
Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
Future of Crypto Careers: Top 5 Insights for 2024
The job market in the crypto industry is booming, with a surge in demand for roles in crypto and blockchain companies. In July 2024 alone, there were about 600 new crypto and blockchain job...
Semler Scientific Increases Bitcoin Holdings to 929 BTC
Semler Scientific recently reported its Q2 earnings, showing a decrease in revenues to $14.5 million, down 22% from the previous year. The company also reported a decrease in income from operations to $5.4 million,...
Solana Price Drops to $110 as $1 Billion in Crypto Liquidated – CoinJournal
Solana's price has taken a significant hit, dropping over 20% to trade near $110 as the crypto market experiences a tumultuous period. This decline has resulted in more than $1 billion in trading positions...
Bitcoin’s Correlation with Gold Strengthening During Economic Downturns
During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...