The crypto market has seen substantial growth since the US election, particularly with stablecoins like Tether’s USDT and Circle’s USDC, which increased by $5.4 billion over the last week. The
Markets news
El Salvador’s Bitcoin reserves are valued at over $500 million, which amounts to 1.5% of its GDP. In comparison, Bhutan’s Bitcoin stash is worth more than $1 billion, over a
Ether’s funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction?
Bullish activity on the XRP options market on Deribit suggests increased belief in a price rise above 90 cents. The 90 cents call option is the most popular option, with
Small Bitcoin investors, often referred to as “shrimps”, have consistently been buying more bitcoins over the past two months. Meanwhile, major holders, known as “whales”, continue their two-month trend of
The CoinDesk 20 Index is at 2,645.58, with Bitcoin at $87,452.37 and Ether at $3,289.79. Bitcoin almost reached $90,000 in European trading, while Ether ETFs reported record inflows of $295.5
US-listed Ether Exchange-Traded Funds (ETFs) saw a record inflow of nearly $296 million, with BlackRock’s ETHA and Fidelity’s FETH each receiving $100 million. Bitcoin ETFs attracted about $1.1 billion, the
Dogecoin (DOGE) recently spiked by 48%, exciting investors with notions of the meme cryptocurrency hitting the $1 mark. This surge pushed DOGE past 41 cents, the first time since May
Bitcoin’s rapid price fluctuation, peaking at over $89,000, led to the liquidation of over $600 million in futures. Other cryptocurrencies, like DOGE, SOL, and APT, also faced large futures losses.
Bitcoin nears the $90,000 mark amid market excitement and worry of potential price drop. Singapore-based crypto trading firm QCP Capital has shared its analysis, indicating a euphoria in the market,