Cryptocurrency exchange-traded products (ETPs) recorded a fourth straight week of outflows, with $876 million in losses during the past trading week.After posting record weekly outflows of $2.9 billion last week, crypto ETPs continued their downward trend, bringing the four-week total outflows to $4
The end of the week is bearish for most of the coins, according to CoinMarketCap. CoinMarketCap">The rate of DOGE has dropped by 5.17% since yesterday, while the price change over the last week has made up -10.76%.TradingView">On the hourly chart, the price of DOGE is near the recently formed suppor
The United States, Germany and Finland have taken down the online infrastructure used by the Russian cryptocurrency exchange Garantex, the U.S. Justice Department said on Friday, adding that two administrators of the exchange were also charged.The two administrators, Aleksej Besciokov and Aleksa
Today, over $3 billion worth of Bitcoin and Ethereum options expire. It will see over $2.5 billion worth of BTC and nearly $500 million worth of ETH contracts settled. How will the prices of both assets react?These options’ expiry will take place at 8:00 UTC on Deribit, potentially inspiring volatil
The US economy could be shrinking at its fastest rate since the COVID-19 lockdown, according to the Federal Reserve Bank of Atlanta’s GDPNow model, which is now forecasting America’s gross domestic product to fall 2.8% in the first quarter.The new forecast differs immensely from just a month ago, wh
The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Monday.ECONOMIC EVENTSSouth African Treasury bill auctionForeigners' trading in South African bonds and equitiesAbsa manufacturing sector PMI surveyCOMPANIESAspen
A THORChain developer says he’s stepping away from the crypto protocol after a vote to block North Korean hacker-linked transactions was reverted — while another validator has also threatened to call it quits over the saga.“Effectively immediately, I will no longer be contributing to THORChain,” the
The European Central Bank needs to consider several risks involved in the potential creation of a central bank digital euro, ING strategist Marine Leleux says in a note. A large deposit outflow from the banking sector towards a digital euro would significantly affect European credit institutions, sh
Today in crypto, Ether exchange-traded products (ETPs) have accumulated more inflows over the past trading week than Bitcoin for the first time this year, markets dropped following news of US President Donald Trump’s planned steel and aluminum tariffs, Michael Saylor’s “Strategy” has made its first
The long-simmering feud between the proponents of Stellar (XLM) and the Ripple-linked XRP cryptocurrency dramatically escalated during the weekend.This came after Build on Stellar (@BuildOnStellar) took a not-so-veiled dig at Ripple in a recent social media post.The post, of course, refers to Ripple
The Bitcoin price appears to have settled within the $92,000 – $102,000 consolidation range, sparking discussions about the coin’s future trajectory. While it remains unclear whether the premier cryptocurrency has enough momentum to forge new all-time highs soon, it would take significant bearish pr
Update Feb.6, 3:40 am UTC: This article has been updated to include a comment from Max Burwick.Solana memecoin creation platform Pump.fun has been hit with a cease and desist letter over tokens allegedly using the logo and name of two law firms that are currently suing the platform.US law firm Burwi
The Berachain Foundation outlined Berachain’s tokenomics ahead of the much-anticipated Layer 1’s mainnet launch on Thursday, Feb. 6.According to tokenomics documents released on Wednesday, of the 500 million BERA tokens issued at Genesis, 48.9% are allocated to the community, including 15.8% for an
Bitcoin mining firm Bitdeer has completed a $21.7 million deal to acquire a 101-megawatt power project in Alberta, Canada, as the company continues to scale up its mining operations.The Nasdaq-listed firm announced on Tuesday that it acquired the site, with permits and licenses, on 19 acres of land
The crypto market will witness $10.31 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.With Bitcoin options valued at $8.36 billion and Ethereum at $1.94 billion, traders are
Czech central bank Governor Ales Michl said on Wednesday that bitcoin was under consideration as an asset for diversifying the bank's reserves but that no decision was imminent."Right now, it's only at the stage of analysis and discussion. The Bank board decides, and no decision is imminent. Thought
Conflux Token will host an AMA on Discord on January 29th at 19:00 UTC.CFX InfoConflux Network (CFX) is a public, permissionless blockchain that aims to provide high-performance, scalable, and secure infrastructure for decentralized applications (DApps) and digital assets. It leverages a unique cons
Changpeng Zhao, the former CEO of the Binance exchange, recently conducted several X polls that have revealed some surprising facts about cryptocurrency investors.According to the results of the poll, only a slim majority of his followers (50.4%) actually managed to make money with Bitcoin. Nearly 2
The market is mostly bearish on the last day of the week, according to CoinMarketCap.CoinMarketCap">The rate of Litecoin (LTC) has fallen by 5.15% over the last 24 hours.TradingView">On the hourly chart, the price LTC is far from the support and resistance levels. As most of the daily ATR has been p
While bitcoin swiftly hit new all-time highs after Donald Trump won the U.S. presidential election in November, macro headwinds have weighed on the market since mid-December, causing K33 analysts to question their prior expectation of his inauguration being a sell-the-news event.K33 previously favor