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Bitcoin Rebounds After Briefly Surpassing $64,000, Ethereum Climbs to $2,561, Liquidations Reach $139 MillionBitcoin briefly broke through $64,000 yesterday before retreating to around $63,000 to test support levels. Ethereum, however, showed strong performance, surging past $2,500 yesterday morning and continuing to rise this morning, currently trading at $2,561

Bitcoin Consolidates, Ethereum Breaks Out, $139 Million Liquidated in Crypto Market: Altcoin Opportunities Emerge?Bitcoin traded sideways near $63,000 yesterday (20th) until it briefly broke through $64,000 after the Bank of Japan announced to maintain interest rates unchanged around 11 am. However, selling pressure quickly emerged, pushing the price back down to around $63,000, retesting the $62,964 support level

Bitcoin Retests Support, Ethereum Continues to Climb, Liquidations Across Exchanges Exceed $140 MillionYesterday, Bitcoin briefly surpassed $64,000 before falling back to around $63,000 to test support levels. Meanwhile, Ethereum exhibited strong performance, breaking through $2,500 yesterday morning and continuing its climb this morning, currently trading at $2,561

Can Dogecoin Still Be the Code to Millionaires?Dogecoin (DOGE), one of the earliest cryptocurrencies in the market, has successfully created several millionaires despite never reaching $1. The asset has even surged over 100,000% from its all-time low of $0

Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7

Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession FearsBitcoin ETFs witnessed daily outflows of $287.8 million as risk-off sentiment in both crypto and traditional risk markets intensified

Cryptocurrency Millionaires Surge as Bitcoin ETFs Fuel Market BoomAs of August 2024, the number of cryptocurrency millionaires worldwide has increased by 95% year-over-year, reaching 172,300 individuals. Notably, the number of individuals holding over $1 million in Bitcoin assets has grown by 103% to 85,400

Number of Cryptocurrency Millionaires Soars 95%, Bitcoin Leads the Charge!As of August 2024, the global number of cryptocurrency millionaires has surged by a remarkable 95% year-on-year, reaching 172,300 individuals. Among them, the number of individuals holding over $1 million in Bitcoin assets has witnessed a 103% increase, reaching 85,400

Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1

The Rise of Crypto Wealth: Surge in Crypto Millionaires in 2024, Investment Migration Programs Emerge as Key DrawThe cryptocurrency market has been struggling to regain its bullish momentum in the past six months, but the persistent question of "when higher" overshadows the remarkable growth already recorded in 2024, as evidenced by Henley&Partners' "2024 Crypto Wealth Report." The report, which includes "exclusive statistics on cryptocurrency and Bitcoin (BTC) millionaires, centi-millionaires, and new world wealth billionaires," found that between July 1, 2023, and June 30, 2024, the number of cryptocurrency millionaires increased by 95%, while the number of Bitcoin millionaires surged by 111% to reach 85,400

Whale Dumping ETH, Foundation Joins In? $599 Million ETH Flows Into Exchanges!According to ForesightNews, SpotOnChain monitoring reveals that four addresses have cumulatively sold or transferred 197,800 ETH, equivalent to $599 million, into centralized exchanges (CEX) over the past month. Among them, the Ethereum Foundation transferred 35,400 ETH, about $95 million, into CEX, currently holding 275,000 ETH, roughly $677 million

Ethereum Spot ETFs Bleed Over $430 Million in First Month, Outflows SlowIn its first month of listing, the total outflows from nine Ethereum spot ETFs have exceeded $430 million, with Grayscale's ETHE experiencing the most significant outflows, reaching $2.43 billion