Galaxy’s head of research expects the funds to see inflows as investors buy the dip. Read More at https://cointelegraph.com/news/bitcoin-etf-trading-volume-1-billion-amid-crypto-crash-galaxy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Robinhood says its 24-hour trading ‘currently operating’
Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule. Read More at https://cointelegraph.com/news/robinhood-24-hour-trading-black-monday?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Market makers sold over $300M Ether as ETH price crashed below $2,200
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers. Read More at https://cointelegraph.com/news/market-makers-sold-300m-ether-august-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price downside may last 2 months — Analysis
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout. Read More at https://cointelegraph.com/news/bitcoin-price-downside-last-2-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts. Read More at https://cointelegraph.com/news/xapo-bank-interest-bearing-bitcoin-accounts-uk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto market crash triggered by ‘aggressive’ selling by Jump Trading: Report
Jump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto. Read More at https://cointelegraph.com/news/crypto-market-crash-jump-trading-selling-qcp?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000. Read More at https://cointelegraph.com/news/crypto-528-million-lost-recession-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Over $1B wiped out in crypto liquidations as global markets suffer
Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations. Read More at https://cointelegraph.com/news/crypto-market-crash-1b-liquidations-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Whales prepare for next altcoin rally, DeFi is ‘waking up’ — Finance Redefined
Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs. Read More at https://cointelegraph.com/news/whales-prepare-next-altcoin-rally-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analysts warn of further Bitcoin downside – could BTC revisit $42k?
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark. Read More at https://cointelegraph.com/news/analysts-warn-bitcoin-downside-btc-revisit-42k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound