On Wednesday, a core CPI reading from the U.S. that exceeded expectations contributed to a recovery in cryptocurrency markets. The U.S. military’s announcement regarding the completion of military strikes against Iran has also contributed to a rise in cryptocurrency prices. Anxiety surrounding the interest rate decision by the European Central Bank, which is widely anticipated … Read more
Cryptocurrencies faced a notable drop in the past 24 hours, influenced by rising worries about a strict monetary policy approach from the Fed, triggered by persistent price pressures in the U.S. economy. Consumer price inflation readings for May are scheduled for release on Wednesday morning. The recent escalation in the Middle East has influenced sentiment … Read more
Following news of a security breach in the Humanity Protocol, sentiment in the bitcoin market has declined. Anxiety hung in the air as Wednesday morning approached, bringing with it the release of the U.S. consumer price inflation readings. Bitcoin experienced a variation between $64,186 and $62,410 in the past 24 hours. Overall, the capitalisation of … Read more
Cryptocurrencies have seen substantial increases in value over the past day, fuelled by a price spike that triggered a wave of liquidations among short positions. Reports indicate that purchases by Strategy, along with a technical rebound from oversold levels and a reduction in geopolitical tensions in the Middle East, have contributed to the resurgence in … Read more
The bitcoin ETF bleed has permeated the entire crypto landscape. U.S. spot bitcoin funds experienced a significant outflow of $396.60 million on Wednesday, marking the continuation of a record streak with 13 consecutive sessions of withdrawals. This brings the total outflow to $4.37 billion since mid-May, as ether, solana, and XRP products also joined the … Read more
Cryptocurrencies have experienced further declines in the last 24 hours, following the discovery of a major bug linked to Zcash, which has heightened the prevailing negative sentiment in the market. The unpredictable geopolitical situation in the Middle East, along with worries about the upcoming U.S. jobs data and apprehensions regarding AI investments, has dampened market … Read more
Cryptocurrencies have experienced a downturn in the last 24 hours, influenced by notable ETF movements and the worsening geopolitical climate in the Middle East, leading to a considerable wave of liquidations. The negative sentiment generated by Strategy Inc’s Bitcoin sales, along with a significant transfer from a large Mt. Gox wallet, continued to impact sentiment … Read more
Cryptocurrencies have faced notable declines in the last 24 hours, influenced by news of Bitcoin sales by Strategy Inc and increased geopolitical tensions after Iran halted discussions with the U.S., which have unsettled market sentiment in the crypto sector. Overall cryptocurrency market capitalisation has seen a drop of more than 2 percent in the past … Read more
A record 10-session, $2.97 billion outflow streak from spot bitcoin ETFs, coupled with a fresh rally in oil prices due to stalled U.S.-Iran ceasefire talks, has kept bitcoin at $73,389.38. This situation continues to put pressure on the wider crypto market, even as Wall Street’s AI trade drives global equities to new records during Asian … Read more
As the crypto market evolves, the dynamic between Ethereum and Bitcoin is emerging as one of the most talked-about narratives. The ETH ecosystem is embarking on a new phase of growth, driven by scaling solutions, increasing staking participation, and a more efficient supply structure. These enhancements are consistently bolstering the ETH fundamentals and its long-term … Read more