The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close. Source: https://cointelegraph.com/news/why-is-the-crypto-market-down-today?utm_source=rss_feed&utm_medium=rss%3F1724780704684&utm_campaign=rss_partner_inbound
Month: August 2024
Bitcoin Millionaires Have Doubled Since Last Year as Markets Heated Up
The crypto elite is growing—with the number of digital asset millionaires nearly doubling since last year. That’s according to a new report by consultancy Henley & Partners. The firm, citing New World Wealth data, showed that 172,300 people worldwide now hold over $1 million in cryptocurrencies—a 95% surge from 2023. And the number of Bitcoin millionaires more than doubled over…
Sales Surge on Major Blockchains
After a prolonged period of decline throughout 2024, the non-fungible token market is showing signs of a recovery. Recent data from CryptoSlam indicates that weekly sales volumes on some of the leading blockchains for digital collectibles have finally turned positive, suggesting a potential resurgence in the NFT market. This article delves into the details of this NFT market recovery, highlighting…
Why is the crypto market down today?
The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close. Source: https://cointelegraph.com/news/why-is-the-crypto-market-down-today?utm_source=rss_feed&utm_medium=rss%3F1724780248928&utm_campaign=rss_partner_inbound
Gameplay Galaxy raises $24M seed round for Web3 gaming platform
Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million. Source: https://cointelegraph.com/news/gameplay-galaxy-raises-24-m-seed-round-for-web3-gaming-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why is the crypto market down today?
The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close. Source: https://cointelegraph.com/news/why-is-the-crypto-market-down-today?utm_source=rss_feed&utm_medium=rss%3F1724779810175&utm_campaign=rss_partner_inbound
Bitcoin exchanges are witnessing the third-biggest net daily outflow of 2024
Bticoin dip-buying is top priority for some exchange users as BTC price highs give way to sell-offs elsewhere. Source: https://cointelegraph.com/news/bitcoin-exchanges-third-biggest-net-daily-outflow-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why is the crypto market down today?
The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close. Source: https://cointelegraph.com/news/why-is-the-crypto-market-down-today?utm_source=rss_feed&utm_medium=rss%3F1724779383390&utm_campaign=rss_partner_inbound
Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022. Source: https://cointelegraph.com/news/vitalik-buterin-breakdown-2023-ethereum-foundation-spending?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How Crypto Exchanges are Evolving Transparency
For cryptocurrency exchanges holding digital assets on behalf of customers, trust and transparency have never been more important. Maintaining user trust is “crucial in reassuring users that their funds are safe and backed,” a spokesperson for crypto exchange Gate.io told Decrypt, “especially in light of past incidents where other exchanges mismanaged user funds.” In the past, exchanges and banks haven’t…