There was massive pandemonium in the crypto market on July 5th as investors anticipated the payout of nearly $9 billion to users of the collapsed Bitcoin exchange Mt. Gox. In this article, we will explore the recent decline in crypto…
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Bitcoin NFT Sales Falls Behind, Over 48% Monthly Decline Places it Second to Ethereum with $107 Million Sales
The decline in Bitcoin NFT sales joins the list of many things going wrong for Bitcoin in the last few weeks. Currently, Ethereum is the number one NFT blockchain in sales, with over $150 million of NFTs sold. In this…
Layer Zero Could be the Token to Watch out for After a 44% Increase in Seven Days
The crypto market continues in its bearish phase, with apex cryptocurrencies like Bitcoin and Ethereum continuing to decrease. However, many other tokens, such as Layer Zero (ZRO), have entered investors’ watch lists, especially after having a 44% price performance in…
Hong Kong Spot Bitcoin ETF Total Net Assets Increases to a Massive $236 Million After a $23 Million Inflow
The crypto market has been on a consistent decline, with Bitcoin’s price dropping to less than $58k. However, on July 3rd, the Hong Kong Spot Bitcoin ETF recorded a massive inflow of $23 million, increasing its total net assets. Below,…
OpenLM RevShare Token Leads the Charge as AI Tokens Experience Slight Increase to $27 Billion Valuation
OpenLM RevShare Token is having an incredible time in the market despite the general downturn of AI tokens. With the price at $0.02862, it has increased over 180% in two weeks and surged 70% monthly. Below, we will examine the…
Bitcoin (BTC) Decline to $57k: ETFs Not Helping as Grayscale Record a Negative $27 Million Outflow
The broader crypto market continues to suffer severely as Bitcoin (BTC) takes another hit after declining to less than $57k. After hitting an all-time high of over $73k in March as large institutional funds flowed into ETFs, Bitcoin continues to…
Cardano Founder Drives Nike Meme Coin’s Unexpected Market Surge
In the ever-evolving world of cryptocurrency, unexpected events often spark significant market shifts. Recently, a seemingly trivial social media post by Cardano Founder Charles Hoskinson turned into a remarkable phenomenon. What started as a simple picture of Hoskinson’s pet pig,…
Top Solana NFTs Driving the 106% Growth on Solana Blockchain
In the last seven days, the Solana blockchain has seen a massive influx of NFT sales, surpassing even the Bitcoin network in this metric. According to data from CryptoSlam, Solana NFTs is currently having a huge 107% increase in weekly…
Fidelity ETF Records $65 Million Inflow After Weeks of Massive Outflows
Fidelity ETF (FBTC) is one of the pioneer spot Bitcoin ETFs. It has a 0.25% (0% fee waived until Aug. 1, 2024), and its Bitcoin holding is around 167,589 BTC in self-custody. However, it had a streak of bad moments…
Stellar Performance from Spot Bitcoin ETFs as it Records Zero Outflows on July 1st After a $129 Million Inflow
The United States spot Bitcoin ETFs recorded significant daily inflows of $129.45 million on July 1, marking the fifth consecutive day of positive flows. In this article, we will explore the recent development, what to expect from Bitcoin ETFs in…