Cryptocurrency News
Digital assets attracted $270 million in inflows last week, bringing the total for 2024 to a record-breaking $37.3 billion. While Bitcoin ($BTC) experienced $457 million in outflows—likely from profit-taking after its $100,000 milestone—Ethereum ($ETH) emerged as the clear winner, raking in $634 million in inflows. Digital assets pulled in $270M […]
Polkadot’s market cap has decreased significantly since it initiated drops in March. Selling pressure currently appears low on the day as the price stalled at around $4 after resuming bearish two weeks back. Nothing much has changed over the past week as DOT continued to lose momentum on a daily […]
Over the weekend, Bitcoin experienced a bullish rebound, propelling its market cap to a current high of $64,100, marking an impressive 8.7% increase in just 24 hours. This surge has led to a significant shift in trading sentiment on Binance, with traders swiftly moving from liquidated short positions to long […]
Bitcoin jumped 10% yesterday and broke through a key resistance to reach a new milestone. The price has dropped slightly in the past but remained strong on the daily outlook with a current dominance of 53.3% against altcoins. Following a sudden crash to the $40,500 level last week, Bitcoin reacted […]
Cryptocurrency trading is often considered to be a very time-consuming effort. While some people don’t mind starting at charts for hours on end, others prefer more automated solutions. TradeSanta, a provider of cloud trading cryptocurrency services, aims to make this process as simple and accessible as possible. The TradeSanta Concept […]
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
It would appear that virtually every technology firm is looking to enter the cryptocurrency market in one way or another. Voyager, a firm backed by an Uber co-founder, is looking to launch no-fee trading of over a dozen different cryptocurrencies. It is another example of how cryptocurrency is maturing and […]
Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform […]
This week, Hankyung, a major mainstream media outlet in South Korea, reported that dozens of new cryptocurrency exchanges are set to launch in the country in the next few months with a primary focus on integrating new digital assets. Integration First, Security Second Over the past three months, Huobi Korea, […]