ZachXBT Cashes Out Nearly $4 Million on Memecoin, Sparking Debate
TL;DR ZachXBT Cashes Out: Blockchain investigator ZachXBT cashed out nearly $4 million from a memecoin named after him. Market Impact: The token’s market cap dropped...
Tag : Market
Crypto Market: Record Inflows Driven by Euphoria Following Trump’s Inauguration
TL;DR The crypto market recorded record investment inflows of $2.2 billion, driven by euphoria following Trump’s inauguration. Bitcoin led the inflows with $1.9 billion, while...
December 2024: Unprecedented Growth in Spot and Derivatives Trading
TL;DR December 2024 saw record-breaking trading volumes on centralized crypto exchanges, with combined spot and derivatives trading reaching an all-time high of $11.3 trillion. Binance...
Challenging Critical Support: Bitcoin’s Market Correction and Future Outlook
TL;DR Bitcoin is trading 11% below its all-time high of $108,000, with the market structure remaining constructive and demand resilient. The Market Value to Realized...
Bitcoin Set for Expansion in 2025, Says ARK Invest
TL;DR ARK Invest’s report highlights Bitcoin’s potential for significant growth in 2025, despite recent volatility. Key indicators such as increased mining difficulty, strong holder behavior,...
Bitcoin ETFs Surge with $307 Million Inflows, While Ethereum ETFs Struggle
TL;DR Bitcoin spot ETFs saw net inflows of $307 million, driven by BlackRock’s IBIT ETF with $498 million in net inflows. Ethereum spot ETFs faced...
Mark Cuban Prefers Bitcoin Over Gold as a Store of Value During Economic Crises
TL;DR Mark Cuban prefers Bitcoin over gold as a store of value during economic crises, highlighting its practicality and accessibility. Unlike gold, Bitcoin is digital,...
Bitcoin Facing the Abyss? Strong Statements from Peter Schiff
TL;DR Peter Schiff warns of a potential Bitcoin price collapse, which could trigger massive sell-offs, especially from corporate investors. Michael Saylor’s strategy, CEO of MicroStrategy,...
Bitcoin: ETFs Acquire Nearly Three Times More BTC Than Miners in December
TL;DR Bitcoin ETFs in the U.S. acquired 51,500 BTC in December, nearly three times the amount produced by miners (13,850 BTC). In January, flows into...
Stablecoin Issuers Command 40% of December’s On-Chain Revenue
TL;DR Stablecoin issuers accounted for over 40% of on-chain revenue in December 2024, generating more than $664 million out of the $1.5 billion total. Tether...