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A new divide in crypto liquidity is taking shape as stablecoin exchange reserves climb to unprecedented levels even while market capitalization growth cools, according to a new report from Cryptoquant’s analysts. Stablecoin Exchange Reserves Climb to $68B Onchain analytics firm, Cryptoquant, and data from cryptoquant.com, highlight that stablecoin exchange reserves have hit a record $68 … Read more
Bitcoin exchange-traded funds (ETFs) recorded their fourth consecutive day of inflows, adding $179 million, led solely by ARKB and IBIT. Ether ETFs also hit a sixth day of inflows, although inflows were modest at $36 million. Sustained ETFs Demand Evident in Consecutive Inflows for Bitcoin and Ether Bitcoin ETFs continued their upward recovery, marking their … Read more
UCN has skyrocketed over 4,900% since August 27, with a 24-hour surge of more than 400% on August 29, climbing from $205 to $1,257. Despite the dramatic price jump, trading volume remained modest, under $2 million. Mainnet Hype and Social Media Chatter UCN, the native token of the Uchain project, has surged by more than … Read more
The cryptocurrency fell to $108K after the “de minimis” exemption ended on Friday and core inflation came in at 2.9%. BTC Buckles Under Dual Pressure of Increasing Inflation and Trade Tensions Both crypto and stock markets bled on Friday after core inflation came in at 2.9% and the “de minimis” exemption, which waives tariffs on … Read more
Ethereum’s derivatives markets are flashing heightened activity as open interest climbs across futures and options, while liquidations reveal heavy pressure in recent trading sessions. Ethereum Open Interest and Options Activity Hit New Highs as August Comes to a Close Ethereum futures open interest has expanded sharply in recent weeks, climbing to more than $60 billion … Read more
Bitcoin’s valuation slipped beneath $109,000 on Friday, tapping a session low of $108,104 per coin as all four major U.S. stock indexes traded in the red. Crypto Carnage: Bitcoin Dips With Derivatives on Fire Earlier in the day, bitcoin hovered between $110,500 and $111,100 before diving to its intraday floor of $108,104. The decline came … Read more
On Aug. 29, bearish sentiment dominated cryptocurrency markets, with bitcoin plunging below $110,000 and other major altcoins experiencing losses of 2% to 8%. Crypto Market Plunges Bearish sentiment dominated early Aug. 29 as most cryptocurrencies recorded losses. bitcoin (BTC) plunged below $110,000 for the second time in three days, falling to $109,436 after peaking around … Read more
Bitcoin’s price hovered at $110,919 to $111,100 on Aug. 29, reflecting a cautious market amid persistent bearish sentiment. With a market capitalization of $2.19 trillion and a 24-hour trading volume of $40.13 billion, bitcoin moved within a tight intraday range of $109,568 to $113,291. Bitcoin The broader trend, assessed through the daily chart, remains decisively … Read more
Over the past few weeks, cryptocurrencies have experienced significant fluctuations, yet the meme coin sector has grown considerably, climbing by $14.15 billion over the last 51 days. Meme Coins Still Carving Out a Slice of Crypto The five largest meme coins by market value are topped by dogecoin (DOGE) at $33.26 billion, with shiba inu … Read more
The U.S. Bureau of Economic Analysis (BEA) published better-than-expected economic data on Thursday morning. Stronger-Than-Expected GDP Figures Lift BTC, Albeit Modestly The American economy roared past expectations and expanded by 3.3% in Q2 according to Thursday’s announcement by the Bureau of Economic Analysis (BEA). Economists had predicted a growth rate of anywhere between 3.0% and … Read more