Cryptocurrency Market

  • Market Cap: $2,190,077,676,313.89
  • 24h Vol: $104,936,032,116.05
  • BTC Dominance: 55.93%

ETH

qcp-capital:-bitcoin-bounces-back-above-$60k-as-ethereum-struggles

QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles

QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising concerns about its current market standing. QCP Capital Reports Bitcoin’s Resilience Amid Volatility; Ethereum Faces Liquidity […]

QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles Read More »

stablecoin-economy-swells-by-$1.53b-in-3-days-amid-market-rebound

Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound

With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin Expansion Not long ago, the crypto market

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bitstamp-and-stripe-collaborate-for-eu-crypto-onramp

Bitstamp and Stripe Collaborate for EU Crypto Onramp

Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a customizable widget that developers can embed in apps or websites. This widget offers a seamless checkout experience optimized for cryptocurrency conversion and instant settlement. Developers

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crypto-carnage:-$1.15b-in-leveraged-positions-annihilated-as-bitcoin-nosedives

Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives

As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million resulted from ETH positions being liquidated. Mass Liquidation Madness On Monday morning, the crypto market faced

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ethereum-etfs-snap-losing-streak,-grayscale’s-outflows-weigh-in

Ethereum ETFs Snap Losing Streak, Grayscale’s Outflows Weigh In

On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have been higher if not for Grayscale’s Ethereum Trust (ETHE), which offloaded $120.28 million. Ether ETFs Bounce Back After 4-Day Outflows The ether-based ETFs in the

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peter-schiff:-bitcoin-bear-market-has-much-further-to-go,-ether-to-crash-to-$1,500

Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500

Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if critical support levels fail. “It’s a long way down,” he said. Regarding ether, Schiff predicted: “I think

Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500 Read More »

bloomberg-analyst-doubles-down-on-july-2-spot-ether-etf-launch-date-amidst-surge-in-s-1-filings

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SEC’s

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings Read More »

sec-closes-ethereum-2.0-investigation

SEC Closes Ethereum 2.0 Investigation

Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The announcement follows a request from Consensys to the SEC to affirm that the approval of ETH exchange-traded funds

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tech-entrepreneur-suggests-mainstream-companies-may-have-adopted-nft-loyalty-programs-prematurely

Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely

According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty

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world’s-largest-bank-icbc-sees-bitcoin-as-digital-gold-—-calls-ethereum-‘digital-oil’

World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’

The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled Ethereum “digital oil” in a report. The bank emphasized the roles of these cryptocurrencies in the digital economy and their contributions to technological advancements. ICBC Sees Bitcoin as Digital Gold, Ethereum as

World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’ Read More »