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Recent weeks have seen a massive surge in digital asset investments, with inflows totaling $346 million, led by Bitcoin and Ethereum. Investments in digital asset products have surged recently, marking a significant trend in the crypto market. Last week, these products experienced an influx of $346 million in capital, setting a
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In a dramatic twist, a mere 48 hours after the United States laid out a hefty $4.3 billion settlement proposal with the
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On Nov. 23 an unknown Bitcoin owner sent 139.4 BTC to AntPool, triggering over $3 million in fees. According to journalist Colin Wu, the transaction fee was 83.65 BTC. According to mempool, today bc1qn3d…wekrnl paid a fee of 83.65 BTC (approximately $3.136 million) when transferring 139.42 BTC to bc1qyf…km36t4, and finally
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But leveraged traders had already piled on their traders by then. Data shows that over 75% of traders from the total XRP liquidations were longs, or bets on higher prices, meaning those traders placed nearly $5 million in orders in that short time span without confirming the authenticity of the
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According to a post from Kaiko, a leading source of cryptocurrency market data, analytics, indices, and research, dated Nov. 10 on X, spot volumes are on a positive uptrend. The promising numbers are believed to be a product of ETF excitement with news from BlackRock. A $6 billion spike Data shows that from
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In an Oct. 31 post, Tether Holdings Limited shared its assurance opinion for Q3 2023, which reaffirmed the accuracy of Tether’s reserves report. Notable findings included cash and cash equivalent reserves standing at 85.7%, mostly comprised of US T-Bills, in the amount of $72.6 billion between direct and indirect exposure. Weathering a
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The recently published Tether report for Q3 2023 show that the company’s cash reserves are healthy and secured loans have been reduced. Tether Holdings Limited, the company responsible for the world’s largest stablecoin by market cap, USDT, has published its attestation for Q3 of 2023. According to Tether, the attestation re-affirms that Tether’s
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The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago. Original Source
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Bitcoin’s (BTC) market dominance has reached 54%, its highest in the last 30 months, indicating the top cryptocurrency is strengthening just before the halving event scheduled for April 2024.The Bitcoin halving is an event in which the mining reward per block is halved, thus cutting the supply of the asset
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Bitcoin (BTC) market sentiment has returned to levels not seen since its price reached $69,000 in mid-November 2021, according to the Crypto Fear & Greed Index.The index is now at 72 out of a total possible score of 100, placing it within the “greed” ranking — a six-point increase from
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