This week witnessed significant turbulence in the Bitcoin Exchange-Traded Funds (ETFs) market, with total net outflows nearing $900 million. Moreover, this coincides with the pullback in the Bitcoin (BTC) price and the crypto market crash. The major contributor to these outflows was the Grayscale Bitcoin ETF (GBTC), which saw staggering outflows totaling $14 billion since […]
Best Crypto Exchanges in Australia
A significant ratio of Australians own cryptocurrencies and regularly use crypto exchanges. This has led to a significant surge in the demand for digital assets, resulting in the emergence of numerous crypto trading platforms. However, selecting the best exchange can be challenging. This article covers the top crypto exchanges in Australia. Whether you are a […]
Top Crypto Losers Of The Week
The crypto market is trying to make a comeback as the market cap has surged to $2.47 Trillion after an increase of 2.4% in just a day. Despite the effort, the trading volume is still down and has decreased almost 18% from yesterday. Top cryptocurrencies like Bitcoin, Ethereum, and others aren’t out of the dip […]
Cardano Price: Will ADA price cross $2 In 2024
Cardano(ADA) price is currently consolidating and experiencing a small price correction, with the chart being mostly red throughout the entire week. The token of a major blockchain that has effectively implemented a proof-of-stake consensus model is not the sole one experiencing fluctuations. The current Bitcoin price is $64,559.74, which is lower than its highest price, […]
Dogecoin Leads Meme Coin Frenzy This Week, Here’s Why
Amid the ongoing meme coin frenzy, Dogecoin has emerged as the frontrunner, captivating investors with a staggering rally in the DOGE price. The crypto’s recent price surge has solidified its position as a top gainer in the meme coin market. Meanwhile, the jump in its price and market cap has helped it to surpass Cardano […]
Crypto Gainers of the Week
The past week was relatively quieter as several cryptocurrencies, including Bitcoin and Ethereum, experienced a drop in price for most of the time. During this time, a few cryptocurrencies resisted the downward trend and demonstrated strong performance thanks to their resilience. Recognizing which stocks have seen the biggest increases in value during the week can […]
Memecoin Market Faces Backlash Over Racist Tokens
Memecoins have become a point of controversy within the cryptocurrency community. The sector, known for its vibrant and often lighthearted approach to digital assets, has encountered backlash due to the emergence of memecoins with offensive themes. Community Response to Offensive Memecoins The cryptocurrency ecosystem has been rocked by the introduction of memecoins featuring derogatory names […]
Over $1B in Bitcoin Withdrawn from Coinbase in Massive Shift
According to reports from Whale Alert, an on-chain data tracker revealed that there is a significant movement in Bitcoin (BTC) transactions. In the past 24 hours, wallets marked as unknown have transferred an enormous amount of Bitcoin. These transactions exceed $2.3 billion in fiat value. They were carried out in five substantial transactions, showcasing the […]
Crypto Markets on Sidelines as Atlanta Fed Sees One Rate Cut This Year
Crypto markets were on careful watch as the Federal Reserve decided to keep the rates unchanged at this March meeting. But it did signal three rate cuts to happen this. However, according to Bloomberg, president of the Federal Reserve Bank of Atlanta Raphael Bostic says that he now only sees plans of lowering interest rates […]
Polygon zkEVM In “Unscheduled Maintenance” Model, Will This Impact Price?
Current data from in-house Explorer has it that Polygon zkEVM is experiencing an outage that has rendered it inactive for more than 12 hours on Saturday. Polygon zkEVM the New Protocol Battling Outage Polygon zkEVM, which is natively compatible with ERC-20-based applications, was launched almost a year ago on March 27, 2023. It offers a […]