The crypto market in 2024 has experienced significant ups and downs. The first quarter was filled with excitement, but the second quarter was not. The crypto market cooled down significantly. So, CoinGecko released a Q2 report on the crypto market…
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3 Reasons Bitcoin NFTs Will Continue to Decline in August as Weekly Sales Remain Negative at $15 Million
The Bitcoin NFT ecosystem is starting August on the wrong foot after seeing its weekly sales decline to $15 million. In this article, we will examine the current downturn of Bitcoin NFTs and the top reasons why it might remain…
Saylor Bitcoin: Could Nation States Hold Bitcoin on Their Balance Sheet?
Bitcoin is making a comeback, rising more than 5% after a huge decline to $49,000. This resurgence in Bitcoin’s value is part of a broader recovery for cryptocurrency-related assets like Coinbase and MicroStrategy. In a recent interview with CNBC, Michael…
Trump Crypto Policies Shift Focus Away from Current Global Hubs
Aspiring crypto hubs such as Hong Kong, Singapore, and Dubai face a more challenging outlook as a brightening US political backdrop for digital assets attracts the attention of companies and investors. Despite this month’s selloff in crypto markets, optimism in…
Spot Bitcoin ETFs in a Bad Shape as August Outflows Surpass Over $577 Million
Spot Bitcoin ETFs are in a very delicate state, as investors grapple with market volatility and shifting sentiment. Apparently, the outflows reached alarming levels, surpassing $577 million. In this article, we will discuss the current price decline of Bitcoin and…
Japan Finance Chief Cautious About Crypto ETF Approvals
In recent developments within Japan financial landscape, the cautious approach towards approving crypto-linked exchange-traded funds (ETFs) has been highlighted by Hideki Ito, the commissioner of the Financial Services Agency (FSA). His remarks underscore the ongoing deliberation about the role and…
Ark Invest Purchases $29 Million Shares of Robinhood and Coinbase After a $1.2 Trillion Liquidation
On Monday, the crypto market recorded massive liquidations reaching more than $1.2 trillion within a day. In this article, we will explore how Ark Invest purchased crypto stocks despite the massive liquidations and its significance. $1.2 Trillion Crypto Liquidations Image…
Raoul Pal Bitcoin: Here is a Bigger Picture Beyond the Crypto Crash
Raoul Pal, a macro analyst and former Goldman Sachs executive, sees the recent market crash differently. So, in a recent interview, Pal Bitcoin claims that the crash might just be a blessing in disguise for the crypto market. Japan’s Nikkei…
Judge Finds Ripple Guilty Ripple to Pay $125million in SEC Case
On Wednesday, a landmark decision was made in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The federal judge, Analisa Torres, presiding over the Southern District of New York, delivered a crucial ruling that…
XRP(Ripple) One of the Least Affected In Bitcoin Crash – Still Over 14% Gains in Monthly Chart as Valuation Stays at $28 Billion
August 2024 has been a particularly challenging month, characterized by a significant price crash of Bitcoin, which sent shockwaves throughout the crypto ecosystem. Amid this crash, XRP has emerged as one of the least affected cryptocurrencies, managing to post gains…