Cryptocurrency Analysis and News Portal
The Ark Fintech Innovation exchange-traded fund's (ETF) sale of 43,956 shares took place on the day COIN reached $119.77 on the Nasdaq market, the highest closing price since April 2022. The sale is the biggest since July 25, when the ARK Next Generation Internet ETF dumped more than 53,000 COIN
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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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Bitcoin mining has hit a historic high, with a 5.07% surge in mining difficulty — a record 67.96 T. Data from blockchain explorer BTC.com indicates the leap in Bitcoin (BTC) mining difficulty has reached an unprecedented 67.96 T (terahashes), with the average hashrate — the Bitcoin network’s computational power gauge —
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The Bitcoin mining difficulty has witnessed another increase in 2023, bringing the metric to a new all-time high. The Bitcoin “difficulty” is
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Ethereum-based layer-2 Optimistic Rollup network Optimism (OP) has recorded a 1,687% surge in weekly trading volumes. The latest data from defi analytics platform DeFiLlama indicates a dramatic upswing in trading activity on Optimism, a layer 2 scaling solution anchored on Ethereum (ETH), propelling the network to a trading volume of approximately
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The price of Bitcoin hit a 2023 high, and Coinbase Global (COIN) shares went through the roof. It looked like the crypto
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Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the new network
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For instance, in the ETF case, an issuer, with the help of the authorized participant, will pool the cryptocurrency and move it to custody, where it sits idle (inactive). However, investors will still take bullish/bearish trades on an exchange through the ETF units. Source
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Synthetix (SNX), currently positioned as the 54th largest cryptocurrency, has been closely aligned with the overall market trend. Over the past 30
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Pyth Network’s token debuts with a $468 million market cap and an innovative airdrop to 90,000 wallets. Pricing oracle service Pyth Network today launched its cryptocurrency token PYTH, immediately gaining a substantial market presence. As of its first trading day, the token’s market capitalization was approximately $468 million, with its value
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