“Whether that’s one of the largest financial services companies in the world launching a stablecoin using public blockchain infrastructure or renewed excitement for futures-based ETH ETFs on the back of a flurry of new applications, both volatility and volume metrics continue to drop to multi-year lows,” David Lawant, head of research at institutional trading desk FalconX, said in a market update.
Related posts
-
Germany’s Bitcoin Wallet Dips Below 40,000 BTC After Weekend Transfer
Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to... -
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start.... -
Bitcoin Strikes A Chord At The Bottom
The price of Bitcoin has increased by 6% since it crossed into the $53,000 price territory...