Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts
The price of Bitcoin and Ethereum surged nearly 4% in just a 15-minute window, sparking bullish predictions for the remainder of October. Go to Source
crypto market
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Why is Ether (ETH) price up today?
Ether’s price is up today as traders weigh the possibility of an Ethereum futures ETF launching and a weaker than anticipated inflation print. Go to Source
Crypto bull run: Traders share their plans for the ‘tornado’ to come
Millions of new crypto investors could be experiencing their very first bull run soon, and those who’ve been through it have shared how they plan to tackle it. Go to Source
Why is the crypto market down this week?
Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market’s underperformance. Go to Source
Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit
Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful. Go to Source Powered by WPeMatico
Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets. Go to Source Powered by WPeMatico
Non-Fungible Token Sales Spiked This Week Despite Crypto Market Volatility
In the midst of a turbulent week for the crypto market, non-fungible token (NFT) sales have shown resilience, experiencing a surge of 7.74% in weekly sales, totaling $181.82 million. Data also reveals that there has been an increase of 41% in NFT buyers over the course of the week, surpassing the number of buyers recorded … Read more
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have … Read more
Chia Network Files for IPO With the SEC, Eyes Public Listing
On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the IPO after the U.S. securities regulator approves the filing. Bittorrent Creator’s … Read more
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first … Read more
