Crypto
Crypto ETFs Surge to Historic Inflows of $12.8 Billion in July Amid Market Optimism
The cryptocurrency market experienced a significant boost in July, driven by record inflows into exchange-traded funds (ETFs).
The cryptocurrency market experienced a significant boost in July, driven by record inflows into exchange-traded funds (ETFs).
Recent trends indicate that Bitcoin's on-chain velocity has reached new lows. This change suggests a maturation in how Bitcoin is utilized, transitioning from a medium of exchange to a long-term asset.
As Bitcoin adoption grows, the emergence of politically branded crypto companies brings both opportunities and risks to investors.
Polkadot's token DOT has fallen over 5% as it struggles against a backdrop of intensified market selling.
New regulations for stablecoin issuers in Hong Kong are now in effect, requiring applications for licensing.
As regulatory clarity emerges, broker-dealers who once remained inactive may find themselves finally stepping into the crypto space, warning traditional financial entities against remaining complacent.
The meme cryptocurrency BONK experiences a significant drop as market conditions worsen and institutional selling pressure increases.
The number of SHIB tokens on exchanges increased, hinting at possible whale distribution despite notable accumulation.
Filecoin has dropped over 6%, surpassing the critical support threshold at $2.38 amidst bearish trading momentum.
JPMorgan reports that many U.S.-listed bitcoin miners achieved their highest revenues since the last halving, outperforming bitcoin itself in July.
Klarna, a Swedish fintech leader, has formed a partnership with Coinbase to facilitate stablecoin-based funding from institutional investors.
Robinhood boasts a 45% revenue increase while Kraken reports a solid rise as well, highlighting resilience in the fintech sector.
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