Tag: Cryptocurrency market
Bitcoin’s Realized Market Cap Surpasses $600 Billion
Bitcoin has reached a significant milestone as its realized market cap surpasses $600 billion, demonstrating the continued growth and value of the digital asset....
Meme Coin Liquidity Surges Despite Bid-Ask Spread Concerns
Executing trades in popular meme coins has become more convenient due to a surge in liquidity, as indicated by a 1% market depth, reaching...
Bitcoin ETFs Experience $900M in Net Outflows This Week
Spot bitcoin ETFs in the U.S. have been facing a challenging week, with $900 million in net outflows recorded so far. This marks the...
Crypto Trends for Financial Advisors: A Comprehensive Guide
2024 has been an active year for crypto investments, with trends, interests, and perceptions evolving among institutional investors. Fidelity's Institutional Investor Digital Assets Study...
German Government Agency Transfers $425M Bitcoin to Crypto Exchanges
A German government agency recently transferred $425 million in bitcoin to another wallet, with some of the funds being sent to crypto exchange deposit...
Bitcoin addresses with 1 BTC or more decrease to slightly above 1 million
Bitcoin addresses holding more than 1 BTC have decreased slightly, now totaling just above 1 million. This trend is significant as it showcases Bitcoin's...
Bitcoin Price Analysis: Key Support Level Breached After Rejection at $70K
Bitcoin recently faced a significant drop below the crucial support level of $67,000 to $68,000 after failing to break above the $70,000 mark. According...
Cryptocurrency Market Update: First Mover Americas Reacts to Fed’s Hawkish Stance
The cryptocurrency market experienced a downturn following the Federal Reserve's decision to reduce interest-rate cut expectations. Bitcoin and ether both saw a 1% decrease...
Bitcoin Price Surges to $67K as Miners Rally; XRP Leads Altcoins
The digital asset market experienced a significant turnaround on Monday as Bitcoin (BTC) recovered from an early decline to nearly $65,000 and surged to...
Bitcoin Investment Products Experience Over $600M Outflows Last Week: CoinShares
Bitcoin investment products experienced significant outflows last week, totaling $621 million, according to asset manager CoinShares. This outflow was a result of mixed economic...