However, in terms of product volumes, ProShares’ Bitcoin Strategy ETF (BITO) dominated volumes with $179 million in average daily volumes, an increase of 2.96% from June. Grayscale’s bitcoin (BTC) and ether (ETH) trust products followed, with an average daily volume of $83.0 and $31.0 million a 29.7% and 60.4% increase, respectively. Source
Bitcoin (BTC) is facing the prospect of a “big bull move” as stablecoin buying power returns, on-chain data hints. Analysis courtesy of on-chain analytics platform CryptoQuant now shows stablecoin supply metrics repeating historical bull market patterns. “Major leading indicator” flips bullish for BTC price Bitcoin is in peak accumulation mode, according to CryptoQuant’s stablecoins ratio metric, and the results have always been positive for BTC price action. As noted by market cyclist and on-chain analyst Cole Garner, when denominated in United States dollars, the stablecoins ratio for exchange Bitfinex recently…
Bitcoin (BTC) is facing the prospect of a “big bull move” as stablecoin buying power returns, on-chain data hints. Analysis courtesy of on-chain analytics platform CryptoQuant now shows stablecoin supply metrics repeating historical bull market patterns. “Major leading indicator” flips bullish for BTC price Bitcoin is in peak accumulation mode, according to CryptoQuant’s Stablecoins Ratio metric — and the results have always been positive for BTC price action. As noted by market cyclist and on-chain analyst Cole Garner, when denominated in U.S. dollars, the Stablecoins Ratio for exchange Bitfinex recently…
Amid discussions around the falling interest in Worldcoin —the blockchain project dedicated to building a user identity network — its co-founder Sam Altman shared a video that shows people in Japan lined up to give away their iris scans in exchange for “free” Worldcoin (WLD) tokens. A video shared by Altman shows a long queue of people in Japan reportedly waiting to collect $50 worth of Worldcoin (WLD) tokens or 25 WLD. In exchange, the users are required to provide their identification through an iris scan. day 3 of @worldcoin launch, crazy…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the constantly changing world of cryptocurrency, investors prioritize the durability of crypto projects over immediate profits. For this reason, the Tradecurve (TCRV) presale is oversubscribed. Meanwhile, Bitcoin Cash (BCH) and Ethereum Classic (ETC) holders are gradually shedding their holdings as prices struggle to shake off sellers. According to market experts, TCRV is predicted to emerge as one of the top cryptocurrencies, posing a challenge to Bitcoin and Ethereum. >>Register For The Tradecurve Presale<< Bitcoin Cash falls as…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tim Draper elucidates his vision for Bitcoin’s transformative role in redefining the future of currency and commerce. Bitcoin (BTC) has become a focal point of discourse. Esteemed American venture capitalist, Tim Draper, has championed this discourse, asserting that Bitcoin’s emergence is ushering us into a transformative era that could potentially redefine the tapestry of currency and commerce. So much for my predictive abilities…It is June 30, 2023. When Bitcoin was $4000, I predicted it would reach…
The Bitcoin and crypto markets are experiencing a slight upswing today, with BTC and other major altcoins making gains. The main catalyst behind this uptrend appears to be yesterday’s Federal Open Market Committee (FOMC) meeting. At the time of writing, Bitcoin’s price is up by 0.8% in the last 24 hours, currently trading at $29,486. Despite facing resistance around the critical resistance area of $29,750, BTC has shown resilience and is attempting to reclaim its upward trajectory. Moreover, other major cryptocurrencies are also in the green, with Ethereum (+1.0%), XRP…
Polygon (MATIC) has been experiencing a mix of price action, with a 24-hour rally of 3.5% that hints at potential positive movement. However, the coin has suffered a 4.4% slump over the past seven days, indicating underlying bearish sentiments in the market. Despite the short-term surge, the weekly time frame presents a negative outlook, primarily due to the failure to break through a long-term horizontal resistance. Adding to the bearish pressure, an ascending trendline has been broken, signaling a potential further decline in MATIC’s price. Source: Coingecko One of the…
The pivot to the metaverse has cost Meta billions of dollars, but the company’s founder and CEO Mark Zuckerberg says the social media isn’t looking to give up anytime soon. Source
Crypto degens have been quick to try and capitalize on a widely-watched hearing where former United States government officials have claimed the existence of alien spacecraft and “biologics.” Testifying under oath at the House Oversight Subcommittee on National Security, David Grusch, a former Pentagon task force member on Unidentified Aerial Phenomena (UAP) and whistleblower, accused the U.S. government of covering up alien visitation to Earth. The July 26 hearing has since gone viral, prompting over 50 alien, UFO, or other extra-terrestrial themed-tokens to crop up over the last 24 hours.…