Tag: Market impact
Limited Impact Expected from Mt. Gox Bitcoin Distribution During Market Slide
Following the recent announcement regarding the distribution of over 140,000 Bitcoin (BTC) from the defunct Mt. Gox exchange, the cryptocurrency market experienced a significant decline. Bitcoin fell below key support levels, causing concern among...
European Cryptocurrency Market Set to Strengthen with MiCA Delistings
Since its inception in 2020, the European Union’s Markets in Crypto-Assets (MiCA) regulation has been a game-changer for the European crypto industry. MiCA has set new standards that are pushing companies to deliver better...
Liquidity Drives Global Market Movement in the US
The global market movement in the US is currently being driven by liquidity, according to recent reports. Liquidity refers to the ease with which assets can be bought or sold without causing a significant...
Ether ETF Approval Fails to Boost Crypto Market
Cryptocurrency markets experienced continued pressure during U.S. trading hours on Thursday, following a pullback that began the previous day after the Federal Reserve's announcement of expected rate cuts. The price of ether (ETH) saw...