Ethereum’s Q3 DeFi Performance Plummets: Lowest Fee Generation Since Late 2020
Key Points Ethereum's network fees in Q3-2024 fell 47% to $261 million, the lowest since Q4-2020. DeFi Report attributes this...
Proposed Hike in Italy’s Bitcoin Capital Gains Tax Highlights Cryptocurrency Surge
Key Points Italy is contemplating increasing its capital gains tax on cryptocurrency to 42% to cut down the fiscal deficit....
Bitcoin Surge Triggers ‘Greed’ Phase in Cryptocurrency Market
Key Points The crypto market sentiment is shifting towards greed, indicated by the fear and greed index entering the 60...
As ETF Inflows Surge, Could They Outpace Satoshi’s Bitcoin Cache?
Key Points Bitcoin ETFs are experiencing significant inflows, nearing $20 billion in net inflows. Eric Balchunas, a Bloomberg ETF analyst,...
Could a Second Trump Victory Boost Bitcoin ETF Investments?
Key Points Bitcoin ETFs have seen significant inflows amidst a wider market recovery, indicating investor optimism. Political shifts, particularly a...
Bitcoin Open Interest Surges, Sparking Investor Excitement for Possible All-Time High
Key Points Bitcoin shows resilience against downside, with ETFs accumulating, raising the probability of a $70,000 price. Despite high volatility...
Crypto Sell-off Skyrockets to $300 Million: Identifying the Most Impacted Group
Key Points Crypto liquidations almost reached $300 million within 24 hours, largely due to Bitcoin's sudden price surge. Short positions...
Why the $67,400 Mark is a Game-Changer for Bitcoin’s Performance
Key Points Bitcoin's upward momentum could lead to a new ATH if it surpasses $67400 resistance. Market fundamentals such as...
Grayscale Steps Up with Multi-Crypto ETF Including Bitcoin, Ethereum and More
Key Points Grayscale has applied to the U.S. SEC to convert its multi-crypto fund into an ETF. The application includes...
Hermetica Bags $1.7m for Bitcoin-backed Stablecoin USDh Expansion
Key Points Bitcoin-backed stablecoin issuer, Hermetica, has secured $1.7 million in seed funding for USDh's expansion. USDh, a stablecoin pegged...