Crypto
Crypto Market Cap Tumbles 11% in a Month but JPMorgan Sees ‘Limited Downside’
Crypto market cap fell by 11% to $1.09 trillion in the past month but JPMorgan analysts think the correction phase is almost over.
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Crypto
Bitcoin Gained 55% in 2023, But Trading Volume Remains at 4-Year Low
Bitcoin trading volume hit a 4-year low earlier in August as traders struggle to find reason to reenter the market.
Market Analysis
Bitcoin’s Correlation with S&P 500 Grows as Crypto Market Sees $1B+ in Liquidations
Bitcoin fell to the lowest point in a month as traders witnessed liquidations of over $1 billion in 24 hours.
Crypto
Coinbase Can Now Offer Bitcoin and Ethereum Futures in the US
Coinbase has been approved to offer futures contracts in Bitcoin and Ethereum to eligible US customers.
Market Analysis
El Salvador’s Dollar Bonds Rank Best Among Emerging Markets
El Salvador's dollar bonds surged more than 70% in 2023, compared to the average return of 6.6% in other emerging markets.
Crypto
Binance Licensed to Offer Crypto Services in El Salvador
Binance announced it has received licenses allowing it to offer digital asset trading services in El Salvador.
Crypto
Singapore Red Cross to Accept Donations in Bitcoin and Ethereum
Singapore Red Cross now accepts donations in four cryptocurrencies, including Bitcoin, Ethereum, USDT, and USDC.
Crypto
Litecoin Down 6.7% After Halving is Complete, Here’s Why
As a lightweight copy of Bitcoin, Litecoin underwent its 3rd halving event on August 2nd.
Crypto
Kuwait Bans All Crypto-Related Activities to Fight Money Laundering
To tackle money laundering and terrorist financing, Kuwait announced an absolute ban on crypto activities.
Market Analysis
Meme Stocks Have Made a Comeback This Year as Retail Goes All In
The MEME ETF, the first ETF designed to track the performance of meme stocks, has gained 61% this year.
Crypto
Bitcoin Accounts for 90% of Energy Consumed by Top 40 Coins: Report
Ethereum has emerged as the top-performing asset in the Digital Asset ESG Benchmark while Bitcoin lagged due to its high energy usage.
Crypto
First EU Spot Bitcoin ETF to Launch Soon as Digital Asset Inflows Stay Strong
The first spot Bitcoin ETF is coming to Europe after a 12-month delay.
Crypto
Standard Chartered Calls for $120k BTC in 2024, But it Has Been Wrong Before
Standard Chartered has increased its 2024 year-end price target from Bitcoin to $120,000.