Strong Bitcoin ETF inflows boost BTC stability, says Bitfinex
Bitcoin ecosystem recorded consistent high daily closes, massive BTC outflows from crypto exchanges and inflows into the spot Bitcoin ETF market.
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Crypto Market Cap Hits $300 Billion But Bitcoin Dominance Down 6% YTD
Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from $218.4 billion to $303.1 billion, and the total market cap has gained 65.92% since the start of 2020.Crypto market daily price chart. Source: Coin360Earlier this…
China Is Opening Doors to Blockchain — Private and Public
The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries.Shortly after the launch in Shanghai, blockchain industrial parks emerged in other cities across…
BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie
Nasdaq’s vice president of listing qualifications, Eun Ah Choi, said shares of Valkyrie's Bitcoin ETF had been certified for listing on the exchange. 3715 Total views 31 Total shares The United States Securities and Exchange Commission, or SEC, may soon approve an application from crypto-asset manager Valkyrie for a Bitcoin (BTC) exchange-traded fund, or ETF,…
Bitcoin price tags new April low as traders weigh odds of $25K next
Bitcoin (BTC) headed toward range lows at the April 24 Wall Street open with investors at odds over when to take profit.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price targets extend to $25,0Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling below $27,300 on Bitstamp.The pair had seen an initial positive reaction to the…
Naples’ Mayor Plans to Launch Autonomous Crypto in Push for Greater Southern Autonomy
Naples’ mayor, Luigi de Magistris, has posted an impassioned pledge to launch an autonomous municipal cryptocurrency that, he says, would unshackle the city from “anti-southern discrimination” and “unfair” debt, on his Facebook public profile September 2.De Magistris argued for the new currency as part of a threefold plan of action that would reclaim political and…
Vitalik Buterin: L2s are ‘cultural extensions’ of Ethereum
Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs.
Where does this 28% Bitcoin price drop rank in history? Not even in the top 5
At 28%, this weekend's BTC price action was decidedly average compared to the cryptocurrency's run-up to 2017 all-time highs. 1071 Total views 6 Total shares Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context. As noted on Jan.12 by Nathaniel Whittemore, host of…
Terra off to new record high as LUNA price outperforms market with 30% rebound in 3 days
Terra (LUNA) resumed its upward march this week as its price per token rebounded by more than 30% three days.LUNA's price almost reached $100 on March 9 following a 15% intraday rally, coming near its record high of $106 from December 2021. At its week-to-date (WTD) low, the Terra token was trading at $75.60.LUNA/USD daily…