Tag: Cryptocurrency market
NUPL Ratio: The Ultimate Market Top Indicator for Long-Term Holders
NUPL Ratio: The Ultimate Market Top Indicator for Long-Term Holders Have you heard about the NUPL ratio? It's a powerful tool that long-term holders in the market use to determine when a market top is...
Polymarket Hits $1B in Bet Trading Volume During US Election Betting Surge
Polymarket, a popular crypto betting platform, has reached a major milestone by surpassing $1 billion in trading volume. This achievement has been fueled by the high interest in the upcoming US presidential election, with...
Kamala Harris’ Crypto Stance Unlikely to Sway Voters, Says Bernstein
Vice President Kamala Harris has recently been making efforts to connect with the crypto industry, but analysts at Bernstein believe that her actions may not be enough to sway voters in the upcoming US...
US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop
The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive news has potentially boosted investor sentiment towards assets like Bitcoin,...
Ryan Selkis Resigns as Messari CEO – CoinJournal Update
Ryan Selkis, the CEO of crypto platform Messari, has announced his resignation from his position. This decision comes after a series of controversial political tweets that have put his team at risk. Selkis will...
TON Launches Bitcoin Bridge: The Open Network’s Teleport Innovation – CoinJournal
The TON Foundation has announced an exciting new development for the Open Network in 2024. They are planning to launch a trustless bridge that will allow users to bring Bitcoin into the TON ecosystem...
Ethereum ETFs Excite Bit Digital, But Lack Staking Features
Bit Digital is excited about the upcoming launch of Ethereum ETFs, seeing it as a potential catalyst for the price of Ethereum. The company believes that this will help in the normalization and adoption...
Bitcoin Mining Difficulty Drop Similar to FTX Collapse, CryptoQuant Analysis
Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...
Digital Asset Funds Turn Positive After 4 Weeks: CoinShares Analysis
Digital asset investment products saw a positive turn last week after four consecutive weeks of net outflows, according to analysis by CoinShares. The total net inflows amounted to $441 million, with Bitcoin leading the...
Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide
Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...
