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Market Valuation

Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated

Bitcoin Tops K as Inflation Cools, .67M in Shorts LiquidatedBitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024, bitcoin crossed the […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market ShiftsTwenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, while […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound

Stablecoin Economy Swells by .53B in 3 Days Amid Market ReboundWith a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin Expansion Not long ago, the crypto market […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday

Blackrock’s IBIT Propels US Spot Bitcoin ETFs to 4M Inflows on MondayU.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT Emerges as Monday’s Sole Gainer On Monday, sosovalue.xyz stats show the 11 U.S. spot bitcoin ETFs […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows

US Ethereum ETFs Hold .24B in Reserves Following 6M in InflowsBased on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nearly Half a Billion Exits ETHE The newly introduced ethereum ETFs performed admirably on Tuesday, registering their first […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Despite Crypto Market Downturn, TON Achieves All-Time High

Despite Crypto Market Downturn, TON Achieves All-Time HighWhile bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $8.25 per unit. TON has climbed into the top ten rankings with a current market valuation close to $20 billion. TON Defies Crypto Market Slump, Reaches New Peak […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD

Ethena’s USDE Stablecoin Surpasses  Billion, Flipping First Digital’s FDUSDThis weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers yield earnings on holdings, has exceeded the $3 billion threshold. As of […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs

Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFsThe value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum to $3,691 On Monday, ethereum (ETH) reached an intraday peak of $3,691 per […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy of reaching its all-time high (ATH) set on May 8, 2022. Stablecoin […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days

BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five DaysDespite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens Defy the Odds Built atop the Bitcoin blockchain, the recently […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin