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3232September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
https://www.digit.info/september-crypto-crash-wipes-out-170b-bitcoin-and-ethereum-take-the-biggest-hit/
Sat, 07 Sep 2024 12:10:51 +0000https://www.digit.info/september-crypto-crash-wipes-out-170b-bitcoin-and-ethereum-take-the-biggest-hit/Read more]]>Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging the entire market down with them. Crypto’s […]
]]>Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher
https://www.digit.info/crypto-market-surges-by-623b-in-2024-as-bitcoin-climbs-20k-higher/
Sun, 25 Aug 2024 13:31:09 +0000https://www.digit.info/crypto-market-surges-by-623b-in-2024-as-bitcoin-climbs-20k-higher/Read more]]>In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Top 10 Crypto Market Climbs From $1.37T […]
]]>FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
https://www.digit.info/ftx-debtors-report-8-9b-shortfall-in-customer-funds-and-highly-commingled-assets-in-latest-presentation/
Sat, 04 Mar 2023 01:04:56 +0000https://www.digit.info/2023/03/04/ftx-debtors-report-8-9b-shortfall-in-customer-funds-and-highly-commingled-assets-in-latest-presentation/Read more]]>On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]
]]>2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
https://www.digit.info/2022s-market-review-crypto-economy-loses-1-4t-top-10-token-knockouts-terras-collapse/
Wed, 21 Dec 2022 22:00:32 +0000https://www.digit.info/2022/12/21/2022s-market-review-crypto-economy-loses-1-4t-top-10-token-knockouts-terras-collapse/Read more]]>2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against […]
]]>Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position
https://www.digit.info/over-the-last-year-bitcoins-market-cap-slid-from-the-worlds-8th-most-valuable-asset-to-the-26th-position/
Fri, 09 Dec 2022 15:30:10 +0000https://www.digit.info/2022/12/09/over-the-last-year-bitcoins-market-cap-slid-from-the-worlds-8th-most-valuable-asset-to-the-26th-position/Read more]]>In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the U.S. dollar and the leading crypto asset’s market capitalization has dropped […]
]]>Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
https://www.digit.info/bitcoin-dominance-has-remained-under-40-for-more-than-3-consecutive-months/
Wed, 07 Dec 2022 15:00:52 +0000https://www.digit.info/2022/12/07/bitcoin-dominance-has-remained-under-40-for-more-than-3-consecutive-months/Read more]]>Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15. Bitcoin’s Market Superiority Lost […]
]]>USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
https://www.digit.info/usdcs-market-cap-sheds-close-to-4-billion-in-less-than-20-days-binances-busd-climbs-3/
Mon, 17 Oct 2022 17:30:07 +0000https://www.digit.info/2022/10/17/usdcs-market-cap-sheds-close-to-4-billion-in-less-than-20-days-binances-busd-climbs-3/Read more]]>19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has dropped by more than 19%, shedding approximately $10.59 billion. […]
]]>Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
https://www.digit.info/stablecoin-economy-continues-to-deflate-usdcs-market-cap-shed-6-7-billion-in-83-days/
Wed, 28 Sep 2022 22:30:41 +0000https://www.digit.info/2022/09/28/stablecoin-economy-continues-to-deflate-usdcs-market-cap-shed-6-7-billion-in-83-days/Read more]]>Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto […]
]]>Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days
https://www.digit.info/merge-flippening-predictions-fail-as-ethereums-market-dominance-drops-13-in-30-days/
Sun, 18 Sep 2022 23:10:25 +0000https://www.digit.info/2022/09/18/merge-flippening-predictions-fail-as-ethereums-market-dominance-drops-13-in-30-days/Read more]]>During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS), it’s down 13% lower to 16.8%. In […]
]]>New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap
https://www.digit.info/new-study-says-number-of-cryptocurrencies-now-at-10000-five-coins-account-for-75-of-total-market-cap/
Wed, 31 Aug 2022 11:30:28 +0000https://www.digit.info/2022/08/31/new-study-says-number-of-cryptocurrencies-now-at-10000-five-coins-account-for-75-of-total-market-cap/Read more]]>The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month According to the data from Augusta Free Press, the number of […]
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging the entire market down with them. Crypto’s […]
]]>
In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Top 10 Crypto Market Climbs From $1.37T […]
]]>
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against […]
In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the U.S. dollar and the leading crypto asset’s market capitalization has dropped […]
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15. Bitcoin’s Market Superiority Lost […]
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has dropped by more than 19%, shedding approximately $10.59 billion. […]
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto […]
During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS), it’s down 13% lower to 16.8%. In […]
The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month According to the data from Augusta Free Press, the number of […]