July saw the crypto market rebound with select tokens surging, ending a streak of consecutive monthly losses. The cryptocurrency market recorded its first positive month in July, breaking a losing streak with several tokens posting significant gains. AKE led the rally, soa
Luno cuts 20% of staff due to weaker retail trading Luno is reducing its global workforce by 20% as the company shifts towards a leaner structure and more institutional business. The firm previously cut 35% of staff in January 2023 citing tough market conditions.
Microsoft’s strong cloud growth and controlled spending lift S&P 500 and Nasdaq 100 futures, supporting Bitcoin’s stability near $64,000. Bitcoin held near $63,900 on Thursday as U.S. stock futures rose following Microsoft’s earnings report, which signaled strong returns o
Perpetual futures contracts now drive over 90% of crypto derivatives volume, shaping price movements ahead of spot markets. Perpetual futures contracts, or perps, account for approximately 93% of all crypto futures trading volume, surpassing spot market activity. These lev
DeFi lending protocol Aave will wind down deployments on six chains, affecting $98.1M in supplied assets and $15.6M in debt. Aave will discontinue deployments on Scroll, zkSync, Sonic, Metis, Soneium, and Aptos, impacting $98.1M in supplied assets and $15.6M in debt. The m
State-affiliated newspaper warns of fraudsters demanding Bitcoin to suppress fabricated investigative reports on companies. China Business Journal, a state-affiliated publication, issued a warning about a Bitcoin extortion scheme impersonating its reporters. Scammers conta
Digital asset valuations show resilience as equities decline, maintaining a $2.19 trillion total capitalization over 24 hours. The cryptocurrency market held firm at a $2.19 trillion capitalization despite recent stock market turbulence. The figure remained unchanged over
Bitcoin price steady at $63,977 after Fed leaves rates unchanged The Federal Reserve's decision to leave interest rates unchanged had little impact on Bitcoin, which held near $64,000. The current Bitcoin price is $63,977, down 0.59%, while Ethereum is at $1,902, down
Bitcoin ETFs snapped a four-day outflow streak with $32.1 million in net inflows, while Ether ETFs recorded $18.65 million in outflows. US spot Bitcoin ETFs recorded $32.1 million in net inflows on Wednesday, ending a four-session outflow streak that totaled over $500 mill
Nearly $286 million in leveraged crypto positions were wiped out in 24 hours as volatility spiked around the Fed decision, despite stable prices. Crypto markets saw $286 million in derivatives liquidations over the past 24 hours, erasing positions for roughly 90,000 trader
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