Bitcoin Supply on Exchanges Hits 4-Year Low, Signaling Bullish Market Trend
Mar 20, 2024 02:36 am UTC| Technology Digital Currency
In a striking market development, the amount of Bitcoin (BTC) stored on exchanges has dropped to its lowest point in four years, according to recent data from CryptoQuant. This trend, highlighting a decrease of nearly 40%...
Crypto Market Plunges: What's Behind Today's Major Drop?
Mar 19, 2024 14:43 pm UTC| Technology Digital Currency
The cryptocurrency market saw a significant downturn today, with total market capitalization decreasing by 7.68% to $2.27 trillion. Bitcoin, leading the losses, fell about 7% to around $62,650, while Ether dropped by about...
China SFC Warns of Crypto Scams as Hong Kong's Digital Currency Market Heats Up
Mar 19, 2024 13:24 pm UTC| Digital Currency Technology
The Securities and Futures Commission (SFC) has issued a stern warning to the public about increasing cryptocurrency scams. It spotlights fraudulent websites like KKR Global that mimic licensed entities amid Hong Kongs...
Japan's $1.5T Pension Fund Considers Bitcoin, Gold for Strategic Diversification
Mar 19, 2024 13:10 pm UTC| Technology Digital Currency
In a groundbreaking shift, Japans Government Pension Investment Fund (GPIF), the worlds largest pension fund with assets worth $1.5 trillion, is exploring the inclusion of Bitcoin and gold in its diversified investment...
FxWirePro- Ethereum Daily Outlook
Mar 19, 2024 12:04 pm UTC| Technicals Digital Currency
ETHUSD lost its shine in the footsteps of BTC. The altcoin gained more than 90% this year due to the successful completion of the Decun upgrade. It hit a low of $3200.90 and is currently trading around $3275. We...
FxWirePro- BTCUSD Daily Outlook
Mar 19, 2024 11:48 am UTC| Technicals Digital Currency
BTCUSD declined sharply as the Fed might delay the rate cut. It hit a low of $62599 and is currently trading around $62776. New whales bought BTC at an average price of $56400 via spot BTC ETF. The net inflows of...
FxWirePro- FTMUSD (Chart of the day)
Mar 19, 2024 10:19 am UTC| Technicals Digital Currency
Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. It is a fast, high-throughput open-source smart contract platform for digital assets and dApps. FTMUSD was one...