Crypto investment products have experienced another week of inflows, bringing the run to 10 consecutive weeks. According to CoinShares’ latest report on digital asset investment funds, inflows into crypto products totaled $176 million last week, bringing the total inflow in 10 weeks to $1.76 billion. The timing is not a…
DeFi’s TVL has gained more than $15 billion in six weeks. Rising asset prices coupled with fresh inflows have contributed to the increase. Value on some Solana-based protocols has risen by as much as 120% and newly announced layer-2 platform Blast received more than $700 million in deposits. The total…
Several on-chain metrtics demonstrate the growing optimism about Cardano (ADA). Concurrently, the cryptocurrency has managed to break through a significant resistance level against the backdrop of a bullish market attitude. Not only is Cardano seeing a boost in momentum, but top altcoins are also feeling the effects. Strong positions held…
The world of cryptocurrency is once again buzzing with excitement as Bitcoin, the flagship digital asset, surpassed the $40,000 mark, hitting its highest level in the last 18 months. This surge is attributed to a combination of factors, including growing anticipation for a bitcoin spot ETF approval and a shifting…
Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) have surged nearly 300% this year, outperforming leading cryptocurrency bitcoin (BTC) by a significant margin. Per Fairlead Strategies, further gains could be in the offing, as COIN is on track to confirm a long-term base pattern breakout. Basing involves an asset consolidating in…
The first cryptocurrency company has just made its debut in Abu Dhabi’s stock market with considerable success. Phoenix’s shares jumped 50% after an initial public offering (IPO) worth $371 million. According to one of the company’s Co-Founders, this indicates a growing appetite for financial innovations in the Middle East. Phoenix…
North Rock Digital, a player in the digital assets hedge fund arena, recently made a bold prediction regarding the altcoin Stacks (STX). In a statement released on X, the fund highlighted its investment strategy and reasoning for STX being the best altcoin to long at the moment. “When looking for…
Crypto trading on Robinhood is gaining steam again as the American brokerage revealed a volume surge of 75 percent month-over-month in November. The figure followed a series of consecutive quarters (Q2 and Q3) during which Robinhood experienced a plunge in crypto trading. According to the latest Form 8-K filing, customers’…
Unusually high liquidations on some altcoin futures led by Big Time’s BIGTIME and Ordi Protocol’s ORDI tokens created over $250 million in total altcoin liquidations in the past 24 hours, showcasing the inherent and sudden volatility of the sector. Liquidation refers to when an exchange forcefully closes a trader’s leveraged…
An apparent large ether (ETH) holder moved nearly $90 million worth of the token to the crypto exchange Kraken after being dormant for five years, on-chain analytics tool Lookonchain posted early Tuesday. The “whale,” a term for a large holder of any token, deposited 39,260 ether to Kraken in Asian…
Recent Comments