According to Bitcoin.com, NFT sales reached $255.22 million last week, down 12.67% from the previous week. Ethereum (ETH)-based NFTs accounted for the largest share of this total at $130 million, followed by Solana (SOL) at $46 million and Bitcoin (BTC) at $40.9 million. The NFT market has seen a...
"Bitcoin spot ETFs saw 30-day net inflows of $3.31 billion," said BitMEX Research. Grayscale GBTC saw net outflows of $150 million, but net inflows from BlackRock IBIT ($191 million) and Fidelity FBTC ($116 million) offset the outflows. Cumulative net inflows for the week totaled $2.73 billion,...
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As Glassnode told X, "87% of the BTC supply has a bid price below $48,000. Short-term holders are concentrated in the $40,000 to $45,000 range. The BTC supply that is in a loss position (13%) is mainly held by long-term holders. This includes buyers at the 2021 highs. While the BTC price is 28%...
CNBC reported that if you bought $1,000 worth of bitcoin 10 years ago, it would be worth about $77,443 as of Feb. 14 (local time), an increase of 7,644%. "If you bought $1,000 worth of bitcoin five years ago, it would be worth about $14,524 today (a 1,352% increase), and if you bought it one year...
According to cryptocurrency options exchange Deribit, $1.09 billion worth of bitcoin options will expire at 17:00 UTC on February 16. The put/call ratio is 0.91 and the max pain (the price at which most option buyers lose their premium) is $46,000. At the same time, $5.6 billion worth of Ethereum...
Market Overview -Bitcoin price closes above $51,800 -Bitcoin hits $52,800, its highest price since December, 2021 -Volume dominance is 54.0% for bitcoin, 17.7% for ether, and 12.0% for altcoins -Total coin market capitalization is $1.89 trillion, with Bitcoin entering the $1 -trillion era and...
In a report released on Friday, Singapore-based cryptocurrency trading firm QCP Capital said, "The massive inflows are likely to continue as global liquidity flows into BTC spot ETFs. BTC could easily hit a new all-time high before March," the report said. "BTC has regained $50,000 for the first...
U.S. asset manager ArkInvest sold 214,068 shares of Coinbase on Thursday through its ARK, ARKW and ARKF funds, according to ArkInvest Daily. Meanwhile, shares of cryptocurrency exchange Coinbase are up 37% in the past week ahead of its fourth-quarter earnings report. Analysts expect Coinbase's...
"South Korea's N-Po generation - those who have given up on marriage, childbirth and home ownership - are finding new hope in cryptocurrency," according to Cointelegraph, a media outlet specializing in cryptocurrency. "They are suffering from skyrocketing housing costs and inflation, but are...
"The Treasury Department is deeply concerned about the use of cryptocurrencies in any illicit financial activity," said Brian Nelson, Under Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury, in a statement released ahead of an upcoming U.S. Congressional...
After the release of the US CPI data, there was a reversal in investment assets. Major investment assets such as bitcoin, crypto, stocks and gold fell, while Treasury yields and dollar index oil prices rose. Meanwhile, The Block, citing Derrybit data, reported that a significant amount of open...