crypto market

South Korea’s Bitcoin Premium Persists Amid Market Volatility

August 31, 2024 Bitcoin.com

Bitcoin

Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023, South Korea’s Bitcoin Premium Continues Interestingly, […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip

August 31, 2024 Bitcoin.com

Bitcoin

While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sales Drop 4.3%, But Buyer and Seller Participation Increased This past week, NFT sales were rather […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

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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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

August 28, 2024 Bitcoin.com

ARKB

On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin counterparts. $127M Withdrawn From […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Bitcoin Loses Footing as Price Slips Below $62K Threshold 

August 27, 2024 Bitcoin.com

Altcoins

Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $20.28 million in bitcoin long positions and $40.29 million in ether longs being liquidated. Crypto Market Stumbles: Bitcoin and Ethereum Face 2-3% Declines On Tuesday, […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles

August 26, 2024 Bitcoin.com

Arkblock

This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However, it wasn’t all sunshine and roses, as Telegram founder and CEO Pavel […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher

August 25, 2024 Bitcoin.com

Binance Coin

In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Top 10 Crypto Market Climbs From $1.37T […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity

August 24, 2024 Bitcoin.com

altcoin season

Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced by blockchaincenter.net’s Altcoin Season Index (ASI), which currently sits at a low score of […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

August 23, 2024 Bitcoin.com

Bitcoin

Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01% rise in the overall crypto market, which […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing

August 22, 2024 Bitcoin.com

Bankruptcy

The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for Sept. 19, 2024, at 10 a.m. EDT. This hearing will be pivotal in shaping the future of the crypto company, which has encountered substantial hurdles since the Terra ecosystem’s collapse in 2022. Terraform Labs Faces Pivotal Bankruptcy […]

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Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury