Bitcoin Summer Lull Here? Trading Volume Plummets to Yearly Lows
On-chain data shows the Bitcoin Spot and Future Volumes have dropped to new lows, despite the price holding near $110,000. Bitcoin Trading Volumes Are Drying Up According to data from the on-chain analytics firm Glassnode, the Bitcoin Trading Volume related to both the spot and futures markets has recently...
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Another Public Company Treasury Pivots to Ethereum With $172M Raise
Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. “Following a $172 million public equity raise and conversion of its...
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Bitcoin Traders Chase $130K Bets in Anticipation of Renewed Bullish Volatility
Bitcoin BTC traders are increasingly chasing higher-level call options on Deribit, signaling that they are preparing for renewed bullish price volatility. “Vols remain pinned near historical lows, but a decisive breach of the $110k resistance could spark a renewed volatility bid. Some larger players appear to be positioning for...
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Will 600K Bitcoin Be The Tipping Point? Saylor’s Strategy Sparks Institutional Wave
MicroStrategy’s bitcoin stash sits at 597,325 BTC valued at nearly $65 billion, and the next move could put the company over the 600,000 mark. The company (rebranded to Strategy) snapped up 4,980 BTC last week for $531 million, marking its 12th straight weekly purchase. Now, all eyes are on...
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Trump Memecoin Set To Launch On Tron Network Founded By Chinese-Born Billionaire Who Purchased Banana Duct-Taped To Wall For $6 Million
Official Trump (CRYPTO: TRUMP) meme coin teased its official launch on Justin Sun-founded Tron (CRYPTO: TRX) blockchain on Monday. What Happened: The official X account of the meme coin project said on X, “TRUMP on TRON is coming. Stay tuned!” Tron confirmed the news, stating that the integration has been...
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Crypto Funds Break Records: $188B AuM After $1B Weekly Inflows
Last week, digital asset investment products saw $1.04 billion in inflows. The figure marks twelve straight weeks of positive momentum, logging total inflows at $18 billion. Price increases during the week lifted total assets under management to a record $188 billion. Meanwhile, trading volumes hit $16.3 billion, which aligned...
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XDC Token Breaks Out With 5% Spike While Bitcoin, Dogecoin Retreat — What’s Driving It?
XDC Network (CRYPTO: XDC) rallied sharply on Monday, defying the broader market lag that restricted heavyweights like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE). What happened: The XDC token jumped over 5% to become the most successful cryptocurrency in the last 24 hours, while the trading volume spiked nearly...
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Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details
Ripple’s Chief Technology Officer, David Schwartz, has revealed some remarkable details about his personal journey through the cryptocurrency space. In separate disclosures made on social media, Schwartz shared two major pieces of information on the extraordinarily low price at which he first bought XRP and the number of Bitcoins...
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Dubai Sets RWA Milestone With First Approval of Tokenized Money Market Fund
The Dubai Financial Services Authority (DFSA) granted regulatory approval to QCD Money Market Fund (QCDT), making it the first tokenized money-market fund with an official set-up in the Dubai International Financial Centre (DIFC), according to Qatar National Bank (QNBK), while DMZ Finance, the companies behind the fund. The fund’s...
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Asia Morning Briefing: BTC’s Institutional Waves Are Building, Not Breaking
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Fund manager Jeff Dyment of...
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