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

Bitcoin Slides Below K as Market Plunge Wipes Out 8MAfter 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 […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months

Ethena’s USDE Sees Market Cap Shrink by 0M in Less Than 2 MonthsBased on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug. 23 to Aug. 30, the stablecoin economy expanded from […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year

Paypal’s PYUSD Stablecoin Reaches  Billion Market Cap in Just Over a YearOn Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent data shows that the market cap […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Bitcoin ETFs See $36M Inflows as Ethereum Funds Shed $15M

Bitcoin ETFs See M Inflows as Ethereum Funds Shed MRecent data from U.S.-based bitcoin and ethereum spot exchange-traded funds (ETFs) collected by sosovalue.xyz reveal a mixed bag for these popular assets. On Friday, bitcoin ETFs added around $36 million, while ethereum funds experienced a $15 million dip. Mixed Results for Crypto ETFs: Bitcoin Gains $36M, Ethereum Drops $15M Ether ETFs, in particular, saw further […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

US Bitcoin ETFs Gain $11M, Ether ETFs Slip by $39M on Thursday

US Bitcoin ETFs Gain M, Ether ETFs Slip by M on ThursdayOn Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $39.21 million during the day’s trading session. A Dive Into Thursday’s Crypto ETF Landscape U.S. spot bitcoin ETFs made a slight comeback on Thursday, drawing in $11.11 million in positive inflows. Fidelity’s FBTC […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading

Spot Bitcoin and Ethereum ETFs Shed Millions in Friday TradingDuring Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum ETFs See Reductions Data from sosovalue.xyz revealed that the 12 spot bitcoin ETFs collectively saw $89.73 million in outflows on Friday, […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows

Crypto Market Cap Drops 14.4% in Q2 2024, Report ShowsThe total crypto market cap decreased by 14.4% in the second quarter this year, ending at $2.43 trillion, while the S&P 500 increased by 3.9%, according to the 2024 Q2 Crypto Industry Report by Coingecko. Bitcoin’s price fell by 11.9%, ranging from $58,000 to $72,000, with its mining hash rate dropping 18.8% after reaching an […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt

Bitcoin Surpasses K After 11 Days: Price Boost Follows Trump Assassination AttemptThe price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. BTC Rises to $60,423, Marking 2.7% Increase […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack

Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark

Inflow Streak Pushes US Bitcoin ETFs Near B MarkU.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 million, respectively. Blackrock’s IBIT and Fidelity’s FBTC Dominate Friday’s Bitcoin ETF Inflows On Friday, the U.S. spot bitcoin ETFs experienced a strong trading day […]

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack