Bitcoin‘s sustained performance above $65,000 overnight suggests a growing momentum as it eyes the $66,000 level. However, recent market dynamics have painted a contrasting picture. Following the Federal Reserve’s rate cut, traditional assets such as gold, U.S. equities, and Chinese A-shares have all experienced significant boosts in investor senti
Pepe Coin Investor Trades 7.5 Billion PEPE for New Crypto Focused on Tokenizing Real Estate and Other Real-World Assets, Set to Soar 100x
The trend in the cryptocurrency market is such that all the investors are anxious for the next market disruptor. One such case is when an investor of Pepe Coin (PEPE) went ‘all in’, swapping 7.5 billion PEPE for a new project Rexas Finance (RXS) that is blooming. But who or what exactly is Rexas Finance […]
Tron Set To Trump Eth? The Crypto Currency Exchange Status Quo Is About To Be Changed Forever With This New DeFi Protocol
As Tron (TRX) attempts to compete with Ethereum (ETH), a surprising new competitor has emerged in the background, Lunex Network (LNEX). With its unique cross-chain feature, Lunex Network is set to change the status quo of the crypto exchange market. Experts project that Lunex Network could quietly rise to prominence while Ethereum and Tron battle [
Bitcoin ETFs See Massive $494M Inflow, Biggest Spike Since June!
Bitcoin spot ETFs hit a $494 million net inflow, marking the largest since June 4. Ark Invest and 21Shares’ ETF ARKB led with $203 million in a $494 million surge. According to Sosovalue, Bitcoin spot ETFs saw a strong increase in activity on September 27, with a net inflow of $494 million, the highest since […]
Dutch regulator warns of crypto pump-and-dump risks ahead of MiCA
The Dutch AFM issued warnings about crypto market manipulation, focusing on pump-and-dump schemes ahead of MiCA’s implementation in December.
Ethereum, Bitcoin, and Solana Lead NFT Sales Over the Past 7 Days
Over the past seven days, Ethereum-based NFTs have taken the lead in sales, generating over $27.97 million, marking a 22.46% increase. Following closely are Bitcoin NFTs, with sales totaling $21.2 million, up by 67.95% from the previous week. Solana-based NFTs rank third, with sales of $13.72 million, though this represents a decline of 16.63%.
FTX Creditors May Recover Only 10-25% of Their Crypto Assets
According to the latest revised bankruptcy documents shared by FTX creditor Sunil Kavuri, FTX creditors might only be able to recover 10-25% of their cryptocurrency holdings. Kavuri explained that creditors will be compensated based on the value of their crypto assets at the time of the bankruptcy filing, which was significantly lower compared to c
Data: Ethereum ETFs Added Over 30,000 ETH This Week
Lin Chen, Head of Business for APAC at Deribit, posted on X: “This week, Ethereum ETFs have shown an overall net inflow, with a weekly net inflow totaling $85 million (equivalent to 31,522.88 ETH). The main seller continues to be ETHE. Currently, ETHE holds 1,673,190.24 ETH, having cumulatively sold around 942,039.67 ETH, which accounts for [&helli
Bitcoin and DeFi Are Bullish, Positive Outlook for the Next 12-18 Months
MN Trading founder Michaël van de Poppe posted on X: “After spending two weeks in Dubai, Singapore, and Thailand, I’m on a flight back to Amsterdam. The market has completely reversed course, with Bitcoin and DeFi now showing bullish trends. The first green week has arrived, but this is nothing compared to what the next […]
Spot Bitcoin ETFs Record Largest Single-Day Inflow Since Early June
The market performance of the spot Bitcoin ETFs (exchange-traded funds) in the United States has been impressive over the last few weeks. Continuing their excellent streak, the crypto investment products closed the previous trading week with their best single-day performance in almost four months. The positive investor sentiment surrounding the spo