Solana Gains Ground on Ethereum and Bitcoin in 2024
Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to ether. Since the year kicked off, ether has tumbled over…
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Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market
The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While…
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A…
Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader…
Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours
Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since…
Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders
The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per…
Crypto recent pullbacks are five times softer than the Covid crash: CoinGecko
The crypto market's resilience in 2024 suggests increased stability and investor confidence compared to past severe downturns. The post Crypto recent pullbacks are five times softer than the Covid crash:…
US Bitcoin ETFs Bleed $148.56M While Ethereum ETFs Cash In
Based on the latest data, spot bitcoin exchange-traded funds (ETFs) experienced net outflows of $148.56 million on Tuesday. Conversely, spot ether ETFs saw a positive inflow of $98.30 million during…
Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately…
Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes
The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5%…
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