Cryptocurrency Market

  • Market Cap: $2,265,371,213,239.42
  • 24h Vol: $48,733,927,750.76
  • BTC Dominance: 56.42%

Bitcoin

blackrock-amasses-$24-billion-in-bitcoin,-approaches-2%-of-total-supply

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly Accumulated Billions […]

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply Read More »

bitcoin-etfs-see-$365m-inflows-as-ether-funds-slip

Bitcoin ETFs See $365M Inflows as Ether Funds Slip

On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day’s trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $675K U.S. bitcoin ETFs saw a hefty $365.57 million in positive inflows on Thursday, with Ark Invest and 21shares’ ARKB leading the charge.

Bitcoin ETFs See $365M Inflows as Ether Funds Slip Read More »

bitcoin-tops-$66k-as-inflation-cools,-$9.67m-in-shorts-liquidated

Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated

Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024, bitcoin crossed the

Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated Read More »

bitdeer-completes-testing-of-seal02-bitcoin-mining-chip

Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip

Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company’s technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode, a key achievement in Bitdeer’s roadmap. Bitdeer’s SEAL02 Chip Achieves 13.5 J/T Efficiency in

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bitcoin-reaches-$65k-—-market-braces-for-major-options-expiry

Bitcoin Reaches $65K — Market Braces for Major Options Expiry

At 11:40 a.m. EDT on Thursday, bitcoin (BTC) surpassed the $65,000 mark. After the latest climb, the current trading price per BTC stands at $65,430 per coin. Bitcoin Peaks Above $65K Bitcoin (BTC) has enjoyed a rise today, reaching $65,499 during the morning trading hours. Of the day’s total crypto trade volume of $95.27 billion,

Bitcoin Reaches $65K — Market Braces for Major Options Expiry Read More »

russian-expert-discusses-end-of-internet-anonymity-with-passport-based-access

Russian Expert Discusses End of Internet Anonymity With Passport-Based Access

A Russian digital services expert has predicted a future where passport-based identification for Internet access becomes the norm, citing a broader trend towards the de-anonymization of online spaces. His comments follow a move by Telegram to disclose user data during rule violation investigations, reflecting a significant shift in how anonymity is handled on the web.

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bitcoin-bounces-back-above-key-averages,-glassnode-sees-new-investor-resilience

Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience

Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated notable confidence in the long-term market outlook. Report Shows Despite Consolidation, New Bitcoin Investors Display Strong Market Confidence

Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience Read More »

blackrock’s-head-of-crypto-sees-bitcoin-as-‘risk-off’-asset-despite-stock-correlation

Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of

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top-10-bitcoin-holders:-exchanges,-corporations,-and-governments-dominate-the-charts

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts

Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts Read More »

fed’s-50bps-reduction-triggers-$321m-in-digital-asset-inflows,-coinshares-reports

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports Read More »