Cryptocurrencies

Crypto Trading Volumes in Exchanges Sank by Over 40% in June
Cryptocurrencies

Crypto Trading Volumes in Exchanges Sank by Over 40% in June

The ripple effect of the recent crypto market crash continued to be felt as trading volumes at major exchanges nosedived by more than 40% in June.

Bitcoin on Exchanges Experience a Sharp 50-Day Drop, Suggesting Diminishing Sell-Side Pressure
Cryptocurrencies

Bitcoin on Exchanges Experience a Sharp 50-Day Drop, Suggesting Diminishing Sell-Side Pressure

Bitcoin on crypto exchanges has plunged to a 50-day low, as acknowledged by on-chain metrics provider Santiment.

Bitcoin Eyes for Bigger Move, says Market Analyst
Cryptocurrencies

Bitcoin Eyes for Bigger Move, says Market Analyst

Some market analysts believe Bitcoin aims at a bigger move as the volatility will soon go through the roof, saying another volatility is coming.

Bitcoin Supply on Exchanges Diminishes as BTC Stares at Last Key Support Level Above $30,000
Cryptocurrencies

Bitcoin Supply on Exchanges Diminishes as BTC Stares at Last Key Support Level Above $30,000

As Bitcoin (BTC) eyes for a clear direction outside the $30K-40K range, the top cryptocurrency has been leaving crypto exchanges in droves.

Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market
Cryptocurrencies

Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market

The amount invested by institutions and corporates in the Bitcoin market is a small percent of their total cash reserve

Bitcoin Eyes for a Clear Direction amid the Mist
Cryptocurrencies

Bitcoin Eyes for a Clear Direction amid the Mist

BTC traders are waiting for the next significant movement in either direction, as acknowledged by on-chain metrics provider Santiment.

Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021
Cryptocurrencies

Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021

More than $1 billion worth of crypto have spent in the first six months this year by consumers globally, Visa announced Wednesday. The company said the amount it spent on goods and services by using its crypto-linked cards primarily.

Ethereum Gains Momentum and Multiple Altcoins Follow its Lead
Cryptocurrencies

Ethereum Gains Momentum and Multiple Altcoins Follow its Lead

Various altcoins are following Ethereum’s momentum footsteps. The market is looking at Ethereum climbing to the $2,400 level.

Bitcoin Investors Buying at the Dip Declines, Signaling a Potential Upward Momentum
Cryptocurrencies

Bitcoin Investors Buying at the Dip Declines, Signaling a Potential Upward Momentum

Analysts acknowledged Bitcoin traders were on a go-slow as they were not buying the dip. Still, this doubt and disinterest was a positive sign of an upcoming turnaround.

The Ratio of Bitcoin’s Supply on Exchanges Hit a 6-Month Low
Cryptocurrencies

The Ratio of Bitcoin’s Supply on Exchanges Hit a 6-Month Low

Statistics by on-chain metrics provider Santiment show that Bitcoin’s ratio of supply on crypto exchanges hit a six-month low.

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