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BlackRock Bitcoin ETF sees $329 million in net inflows during market downturn
October 22, 2024IBIT leads competitors in year-to-date inflows, showcasing growing investor confidence in crypto. Key Insights: BlackRock’s iShares Bitcoin Trust (IBIT) attracted a substantial $329 million despite Bitcoin’s price decline. IBIT has…
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Experienced Market Analyst Forecasts Ethereum Downturn in Q4 2024, Drawing Parallels to Trends in 2016 and 2019
October 9, 2024Market analyst Benjamin Cowen has provided insights into Ethereum’s cyclical breakdown patterns, pointing to similarities in 2016 and 2019 that could repeat in Q4 2024. Cowen recently shared charts showing…
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Bitcoin drops to $62,000 while Meme Coins surge in latest crypto downturn, says Market Watch
October 8, 2024The volatile nature of the cryptocurrency market continues to persist, with buyers and sellers engaged in a fierce battle. Despite a temporary bounce recently, most coins are currently in the…
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Government involvement in the Mt.Gox case caused a downturn in the crypto market.
July 9, 2024The recent downturn in the cryptocurrency market, resulting in over $170 billion in market capitalization disappearing within 24 hours, was primarily triggered by the impending payout of nearly $9 billion…
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Is Polygon Able to Bounce Back from the Recent Market Downturn?
June 18, 2024MATIC price has experienced a significant drop of over 15%, testing the crucial $0.5150 support level. Despite a slow recovery, Polygon’s price may encounter resistance from bears around the $0.5650…
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Despite a downturn, Bitcoin leads as NFT weekly sales drop by 9% to $145m
May 19, 2024In the past week, the non-fungible token (NFT) market took a slight hit, with sales totaling $145 million, down by over 9% from the previous week. This decline is part…
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Is ALT able to maintain its strength during a downturn?
April 24, 20241 ALT token price struggles to maintain the 20-day EMA level. 2 Buyers face resistance near $0.4300 and are working towards surpassing it. The price of ALT is currently hovering…
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Matrixport Founder Jihan Wu Responds to Spot ETF Report Blamed for Market Downturn
January 4, 2024Disclosure: Cryptocurrency is a high-risk asset class and should be approached with caution. This article is intended for informational purposes only and should not be considered investment advice. By utilizing…