The past seven days were relatively eventful within the cryptocurrency market, especially compared to the previous periods. Almost all of the coins are trading in the green, while the total market capitalization sits at around […]
The United States economy has been facing turbulent times lately, with the U.S. Personal Consumption Expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food […]
The US Securities and Exchange Commission (SEC) yet again deferred the decision on spot Bitcoin ETF applications from leading financial giants BlackRock, Valkyrie, and Bitwise. This extension, signifying a prudent regulatory approach, reflects the mounting […]
The blockchain data platform Glassnode determined that the top 1% of Bitcoin addresses own almost 99% of the cryptocurrency’s current circulating supply. The figure represents a three-month-high as the last time such investors controlled that […]
Bitcoin (BTC) Ordinals are boosting miner profits, but “income stress” is looming, new research warns. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted fresh problems for miners after […]
The trend coincided with a notable surge in block space demand – a trend that has happened on par with the release of Ordinals and Inscriptions. The elevated demand has been sustained ever since, according […]
Many investors complained about the weak price action of Bitcoin (BTC) in September. Many others had already exited the market before the summer break, following the slogan: “Sell in May and go away.” However, it […]
For the sixth straight week, digital asset investment products experienced outflows, amounting to $9 million in the previous week. While this is significantly lower than the previous week which was characterized by sour investor sentiment […]
The Dollar Strength Index (DXY) achieved its highest level in nearly 10 months on Sept. 22, indicating growing confidence in the United States dollar compared to other fiat currencies like the British pound, euro, Japanese […]
The cryptocurrency market is entering a very interesting phase. Bitcoin halving, which is expected to take place in mid-2024, is an event that is increasingly capturing the imagination of investors. However, if history rhymes, a […]
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