Bitcoin price drops below $59K as institutions stop buying stablecoins
Bitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%. Go to Source
Cryptocurrency market
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2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%
It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period. Crypto’s Year-to-Date Gainers and Losers In 2024, statistics reveal that several crypto assets have achieved impressive … Read more
Bitcoin new addresses hint at ‘renewed interest’ from retail investors
Retail investors could be coming back into the market after a recent upward trend in new Bitcoin addresses. Go to Source
US Spot Bitcoin ETFs Record $45M Inflows as Ether ETFs See $24M Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) reported inflows on Wednesday, while spot ether ETFs experienced net outflows. Data reveals that 12 spot bitcoin ETFs collectively gained $45.14 million, whereas $23.68 million exited ethereum ETFs. Spot Bitcoin ETFs Gain, While Ethereum ETFs Shed Losses On Wednesday, sosovalue.xyz stats show the 12 U.S. spot bitcoin ETFs saw … Read more
Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall
Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against the U.S. dollar. While these losses are notable, some digital currencies have fared even worse, with only a handful managing to buck the trend. Dozens of Crypto Coins See Percentage Losses, A Few Tumble 50% … Read more
Bitcoin dips below $50K: Crypto market crashes 17%
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion. Go to Source
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging for bitcoin miners, as earnings hit their lowest … Read more
Sen Lummis bill gains swift support with 2,200 letters sent
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking. Go to Source
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced inflows. Blackrock’s … Read more
Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises
Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over the past seven days. … Read more
