Weekly data for crypto ETFs revealed contrasting fortunes for bitcoin and ether ETFs. Spot bitcoin ETFs attracted $ 307.2 million in net inflows, while spot ether ETFs posted a combined loss of $ 185.89 million. $ 185 Million Outflows for Ether ETFs Amid Decent Gains for Bitcoin ETFs Bitcoin exchange-traded funds (ETFs) …
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $ 2.2 trillion. Crypto Economy and …
July NFT Sales Plummet for Second Consecutive Month
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $ 429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July marked the second …
NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 Days
Based on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49 ether, but 90 days later, it dropped to 25.45 ether. Major Declines in Cryptopunks, BAYC, and […]
Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by mid-July. Even though bitcoin lingered just above $ 30,000 on Monday, its valuation …