Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes

On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This rebound came on Oct. 4 after … Read more

Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively

The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted losses after enjoying gains … Read more

Tron and Chainlink Reach See Network Growth, But All Eyes Are on IntelMarkets’ AI Trading Platform

The crypto market has started Uptober with a steep decline, contrary to what many investors expected. However, the Tron (TRX) network has continued to excel, as it raked in a record-high $577 million in revenue for the third quarter. Chainlink (LINK) has also seen significant advancements, partnering with Taurus and ANZ to boost tokenized assets. … Read more

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