Market Updates
Bitcoin’s Rally Puts Majority of Addresses in Profit
The recent surge in Bitcoin's price has led to an impressive milestone where more than 97% of Bitcoin addresses are now seeing unrealized gains,...
Bitcoin Shorts Worth $69 Million Liquidated Amid Surge
In a stunning display of market momentum, Bitcoin has seen a significant rally, leading to the liquidation of $69 million in BTC shorts in...
Mr. 100: The Enigmatic Whale Daily Buying 100 BTC to Amass $3B
The cryptocurrency community is abuzz with curiosity over a mysterious Bitcoin address that has accumulated a staggering 54,164 BTC, translating to approximately $3.2 billion....
Bitcoin Transaction Fees Surge by Over 129% in Four Days
Bitcoin's network fees have seen a significant increase after a period of lower onchain fees, with the cost of sending bitcoin soaring to an...
Crypto Council Advocates for Algorithmic Stablecoins in Hong Kong
The Crypto Council for Innovation (CCI) has voiced its recommendations regarding the proposed stablecoin regulations by the Hong Kong Monetary Authority (HKMA) and the...
Hungary Moves to Let Banks Offer Bitcoin Services
Hungary is on the brink of significant financial innovation, as its government has put forward draft legislation that aims to permit banks, investment funds,...
Darknet Markets See Surge in Crypto Revenue to $1.7 Billion
The darknet, a hidden part of the internet infamous for illicit activities, has witnessed a remarkable surge in cryptocurrency revenue, reaching $1.7 billion in...
Record Highs in Crypto Derivatives Trading Volume
This week, the crypto derivatives market witnessed unprecedented activity, with exchanges like Deribit and Coinbase Institutional reporting all-time highs in trading volumes. The surge...
Bitcoin Experiences 3% Drop Amidst Grayscale ETF Outflows
Bitcoin's value took a hit, falling over 3% from its 24-hour peak, as Grayscale’s spot Bitcoin exchange-traded fund (ETF) witnessed significant outflows of $598.9...
Bank of America and Wells Fargo Offer Spot Bitcoin ETFs
Bank of America Merrill Lynch and Wells Fargo are now providing select clients access to spot bitcoin exchange-traded funds (ETFs), signaling a significant shift...
KuCoin Partners with Revolut to Streamline Euro-to-Crypto Transactions
KuCoin, a leading global cryptocurrency exchange, has announced a significant partnership with Revolut, integrating Revolut Pay as a new payment method. This collaboration marks...
European Central Bank Challenges Bitcoin’s Value Amid Market Growth
Despite Bitcoin's recent surge past $64,000 and the approval of ETFs in the United States, the European Central Bank (ECB) remains steadfast in its...