Toncoin Market Performance Slips with Open Interest Falling to $141M
Toncoin (TON) has recently seen its Open Interest (OI) in the futures market plummet to $141 million, marking its lowest point in the past nine months. Open Interest, which reflects the total value of outstanding futures contracts, is a vital indicator of market sentiment and liquidity. As per Cryptoquant data, a
In December 2014, 43,000 XRP was purchased with 1 BTC. What’s Happening Today
In a recent post on X, crypto investor and analyst Dom (@traderview2) highlighted an intriguing observation regarding XRP’s performance relative to Bitcoin (BTC). Dom pointed out that in December 2014, one Bitcoin could purchase 43,000 XRP. Today, despite Bitcoin’s significant price appreciation over the years, one Bitcoin still buys 43,000 XRP. This
Bybit Proof Of Reserve Displays USDT, ETH, And BTC Changes
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and USDT at $4.11B (+29.77%), showcasing asset fluctuation trends. Bybit Proof of Reserve Highlights Asset Fluctuations Bybit’s 17th Proof of Reserve snapshot shows significant variations in user asset levels. Following the latest report on November 13, BTC
Crypto Investment Products Hit 10th Consecutive Week of Inflows
Digital asset investment products continue to experience significant growth, recording their 10th consecutive week of inflows as Bitcoin reaches new heights. According to CoinShares’ latest weekly flows report, the week of December 9-13 saw inflows of $3.2 billion, highlighting strong investor interest in cryptocurrencies. Bitcoin Leads the Charge with $2
Bitcoin Tops $106K, Achieves Record 40:1 Bitcoin-to-Gold Ratio
Bitcoin has reached a monumental milestone, surpassing $106,000 per coin and achieving a record Bitcoin-to-gold ratio of 40:1. This remarkable development underlines Bitcoin’s growing purchasing power and its position as a modern alternative to gold. Bitcoin-to-Gold Ratio Hits All-Time High The Bitcoin-to-gold ratio, which measures Bitcoin’s price relative to gold,
The Beginner’s Guide to Cryptocurrency: Unlocking the Future of Digital Money
Cryptocurrency has transformed from a niche tech topic to a global financial revolution. For those looking to join the world of digital currencies, the first step can feel daunting. Here’s a simplified guide to help you start your crypto journey with confidence. What is Cryptocurrency? The Basics Explained At its
Crypto Market Suffers $1 Trillion Loss: XRP, ADA, and DOGE Hit Hard
The crypto market has kicked off the week with sharp losses, shedding $1 trillion in market value in a single day. A staggering $1.76 billion worth of crypto assets were liquidated in the past 24 hours, with long positions accounting for $1.58 billion of the total. Over 600,000 trades were
Bitwise CIO Matt Hougan Calls for Regulatory Clarity in Crypto
Bitwise CIO Matt Hougan has recently raised concerns over the lack of regulatory clarity for the cryptocurrency industry, especially in light of the ongoing debate about whether crypto assets should be classified as securities or commodities. In a recent X thread, Hougan explained that the regulatory uncertainty is hurting the
Why Is Today’s Crypto Market Down? $1.5 Billion in Bitcoin Liquidation
The cryptocurrency industry registered heightened volatility in the past 24 hours as Bitcoin (BTC) price dropped more than 6 percent in the past 24 hours to reach a daily range low of about $94,725. The altcoin sector was heavily impacted by the sudden Bitcoin drop, with the TOTAL2 shedding more
Unlocking the Future: A Beginner’s Guide to Investing in Cryptocurrency
As cryptocurrency gains momentum globally, it’s no longer just tech enthusiasts diving in; everyone from seasoned investors to curious newcomers is exploring this digital frontier. If you’re considering stepping into the crypto world, here’s a fresh guide to help you navigate the investment landscape wisely. What is Cryptocurrency, and Why