The cryptocurrency market is now experiencing a decline in trading activity that is noticeable when compared to the prior period of what everybody thought was at least a bull cycle. The most recent all-time high for the total market cap of all cryptocurrencies was approximately $3.2 trillion in early January 2025. Since then, the numbers have dropped noticeably and are currently at just around $2.56 trillion in mid-Jarch 2025. Simultaneously, we have seen a very sharp downturn in the volume being traded for all of the top 10 stablecoins. Trading volume has been affected by several things, with trader fatigue,
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2024 saw nearly $41 billion worth of illicit crypto volume, but that could climb to around $51 billion as more criminal-tied addresses are found, Chainalysis says.
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ETH price quickly rebounded from its $3,500 low. What role are DApps’ activity and investor price estimates playing in the recovery?
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BlackRock’s IBIT BTC options launch was a success, but how realistic are traders’ high six-figure Bitcoin price expectations?
]]>The total amount of Bitcoin held in accumulation addresses has surged to over 2.9 million BTC, doubling from 1.5 million at the beginning of the year. This significant increase, achieved in just 10 months, highlights a growing interest in Bitcoin as both institutional and retail investors strengthen their positions. The total $BTC amount in #Bitcoin accumulation addresses has surpassed 2.9 million “On January 1st, these addresses held 1.5 million Bitcoins, but now, in just 10 months, that figure has reached 2.9 million.” – @burak_kesmeci Read the full post
https://t.co/jTa3449hvK pic.twitter.com/si0ZHoLqHy — CryptoQuant.com (@cryptoquant_com) October 21, 2024 As Bitcoin consolidates near
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However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard.
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Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage.
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Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa’s head of crypto doesn’t agree.
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Ether price struggles amid regulatory concerns and a drop in DApp usage.
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Open interest on Bitcoin options recently hit a year-to-date high, but what is fueling this newfound bullish sentiment?
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