Tag: Cryptocurrency trading
Bitcoin ETFs Experience $79 Million Outflow After 7-Day $2.6 Billion Inflow Streak
Bitcoin ETFs saw a significant change in investor sentiment on Oct. 22, 2024, as they experienced a net outflow of $79.1 million after a seven-day streak of inflows totaling $2.6 billion. This marked a...
Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading
Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
Crypto ETFs Unlikely to Expand Beyond Bitcoin and Ether Under Kamala Harris
Several firms recently began seeking approval to create U.S. exchange-traded funds that track cryptocurrencies beyond the already-approved bitcoin (BTC) and ether (ETH) products. Those applications will probably go nowhere if Democratic Presidential nominee Kamala...
BTC Price Surges Near $68K as First Mover Americas ETF Inflows Drive Momentum
Bitcoin's price surged near $68,000 as the First Mover Americas ETF inflows drove momentum in the market. The cryptocurrency attempted to establish itself above $68,000 before pulling back and settling around $67,800. In the...
Bitcoin hashprice hits two-month high, boosting mining profitability
Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....
Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
Hot Wallet vs. Cold Wallet: What’s the Difference?
Hot and cold wallets represent fundamentally different approaches to cryptocurrency storage. In a nutshell, hot wallets are connected to the internet, while cold wallets remain offline. Each type of wallet has distinct security implications,...
Crypto Traders in Americas Stay Steady After Thursday’s Slide – First Mover Analysis
Crypto Traders in Americas Remain Steady Despite Thursday's SlideThe cryptocurrency market in the Americas showed resilience after a slight dip on Thursday, with traders maintaining a steady approach to their investments. Bitcoin was down...
Analysis: Short-Term Holders Hold 2.5M BTC at Loss
Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...
DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns Green
DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns GreenCryptocurrency prices made a strong recovery this week after concerns about the Japanese yen faded. Following a sharp decline on Monday, most cryptocurrencies saw double-digit gains....
