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Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure

Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in…

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BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally

At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024…

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From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted…

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Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine

The crypto economy had a fairly solid week, though Monday morning brought a bit of a dip. The market currently holds at $2.26 trillion, reflecting a 1.6% drop over the…

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Saudi Arabia Leads MENA in Crypto Growth for Second Year Running

Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and…

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Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million.…

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Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines

While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The Tron-based SUN token took the hardest hit, plunging…

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A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This…

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The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion 

According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The…

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