The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the […]
Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is […]
After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest […]
The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one, and BTC remains stuck at around $84,000. However, the cryptocurrency doesn’t tend to stay steady for long, so this could be simply the calm before the storm. Whale Activity Warning As we have explained […]
Prominent business intelligence firm and the world’s largest corporate holder of the Bitcoin Strategy has announced plans to bid 5 million shares of its Series A Perpetual Strife Preferred Stock (PSPS) through a public offering. The company plans to use the proceeds for general corporate purposes, including working capital and the acquisition of Bitcoin. However, […]
After weeks and weeks of consecutive days deep in the red, the spot Bitcoin ETFs registered their best day since February 4 in terms of net inflows on Monday. However, the same cannot be said about the spot Ethereum ETFs, as their negative streak has extended to nine days. BTC ETFs’ Return? The spot BTC […]
The crypto market has been bleeding for weeks, which is evident in the outflows recorded by Bitcoin and Ethereum exchange-traded funds (ETFs) and products. Last week alone, the financial vehicles tracking both assets saw outflows exceeding $1.2 billion across several countries, including the United States, Switzerland, and Canada. Withdrawals from other digital asset products brought […]
As the crypto market continues to struggle, bitcoin (BTC) has broken into a new volatile range. On March 10, the cryptocurrency fell below $80,000 and touched the $76,800 range before climbing back up to $81,000 at the time of writing. According to the latest edition of the Bitfinex Alpha report, the cryptocurrency’s decline to $76,800 […]
Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced miners to sell more BTC to sustain operations. As a result, increased selling pressure from miners has compounded market instability. Miners Offload BTC to Cover […]
Bitcoin’s (BTC) latest dump has market participants speculating whether there will be more bloodshed in the coming weeks or if the asset’s value will record a significant recovery. Market analytics firm Santiment has identified some on-chain indicators that can offer insight into bitcoin’s movement in the short term. According to Santiment, several on-chain metrics signal […]