crypto economy

BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally

October 4, 2024 Bitcoin.com

Bitcoin

At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

October 4, 2024 Bitcoin.com

bitcoin.com

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine

September 30, 2024 Bitcoin.com

artificial intelligence coins

The crypto economy had a fairly solid week, though Monday morning brought a bit of a dip. The market currently holds at $2.26 trillion, reflecting a 1.6% drop over the last 24 hours. Among the big winners, meme coin MOODENG took the spotlight, soaring by 400%, while ETHW snagged second place with an 82% rise […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Saudi Arabia Leads MENA in Crypto Growth for Second Year Running

September 26, 2024 Bitcoin.com

bitcoin.com

Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from decentralized finance platforms. The majority of MENA’s crypto activity is driven by institutional and professional investors. Saudi Arabia’s Youth […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

September 7, 2024 Bitcoin.com

Altcoins

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines

September 7, 2024 Bitcoin.com

Bitcoin

While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The Tron-based SUN token took the hardest hit, plunging 23.61% to become this week’s biggest loser. On the flip side, helium (HNT) surged 27.23% within the same seven-day span. Bitcoin, Ethereum Slump as SUN […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

September 5, 2024 Bitcoin.com

Bitcoin

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite their progress, BTC and ETH still lag […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion 

September 4, 2024 Bitcoin.com

Bitcoin

According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The top cryptocurrency hit an intraday low of $55,602 per coin, and by Wednesday morning just before 11 a.m. EDT, it was just skimming above $57,400 […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Crypto Market Wobbles: Helium Gains While Zcash Leads Week’s Declines

September 2, 2024 Bitcoin.com

Altcoins

While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn’t have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip side, zcash (ZEC) took the hardest hit, plummeting 28.63% during the same period. Crypto […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M

August 30, 2024 Bitcoin.com

Altcoins

After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks, and Liquidations Jump The crypto market is in the […]

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Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K