Crypto enthusiasts rubbed their eyes in amazement on Tuesday as digital assets outperformed US stocks for what appears to be the first time in weeks or months. Just before noon on the east coast, bitcoin BTC$93,218.56 has risen to $93,500 after dipping below $90,000 at one point overnight, up 1% over the past 24 hours. […]
Rare day with better results than stocks Read More »
Cloudflare experienced a major outage that amounted to widespread service disruptions across thousands of websites and applications on Tuesday. Several large centralized crypto services rely on Cloudflare to help with heavy traffic. BitMEX faced an error, while there was also significant downtime for Telegram-linked blockchain Toncoin. But the fallout spread beyond crypto, where platforms like
Global Cloudflare outage prompts renewed calls for DePIN solutions Read More »
Bybit opens ‘Vault of Legends’ with 500,000 USDT in exclusive VIP rewards
Bybit opens ‘Vault of Legends’ with 500,000 USDT in exclusive VIP rewards Read More »
Bitcoin’s hash price has fallen to its lowest level in five years, according to Luxor, now sitting at $38.2 PH/s. Hashprice, a term introduced by Luxor, measures the expected daily value of one terahash per second of computing power. The metric reflects how much earnings a miner can expect from a certain amount of hashrate.
BTC Hashprice Drops to Five-Year Low Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2947.42, up 1.5% (+43.33) since 4 PM ET Monday. Sixteen out of 20 assets are trading higher. Leaders: SOL (+5.8%) and APT (+5.3%). Lagging behind: ICP (-3.0%) and BCH
Solana (SOL) rises 5.8%, leading index higher Read More »
A global outage across Cloudflare’s internet services led to a number of crypto fronts facing downtime on Tuesday. Abritrum block detector Arbiscan reports a “major outage” with several other sites, including social media platform X and data platform DefiLlama, flashing intermittent “internal server errors.” “Cloudflare is aware of and investigating an issue affecting multiple customers:
Global Disruption Takes Crypto Sites Offline Read More »
The crypto market showed few, if any, signs of recovery on Tuesday with bitcoin BTC$91,380.91 trading at $91,400 while ether ETH$3,051.96 traded around $3,060. The fear and greed index is now flashing 15/100, a low not seen since April, before the bitcoin price defied bearish expectations by surging to over $100,000 from $76,000 in a
Fear grips the market as BTC price tests support, altcoins weaken Read More »
Deutsche Börse Group (DB1) and Societe Generale-FORGE plan to bring regulated euro and dollar stablecoins into the systems that underpin some of Europe’s biggest financial markets, the companies said on Tuesday. The groups signed an agreement to integrate SG-FORGE’s euro and dollar CoinVertible tokens with Deutsche Börse’s post-trade operations, including Clearstream. Today, most settlement takes
German Exchange Adds SocGen’s MiCA Stablecoins to Core Market Systems Read More »
Bitcoin BTC$91,568.78 has seen a sharp decline this month, accompanied by a drop in its dominance rate, the share of BTC’s market capitalization in relation to the overall cryptocurrency market. A lower dominance rate is often interpreted as investors rotating out of bitcoin and into altcoins, fueling speculation about the arrival of an “alt season”.
Bitcoin dominance bleeds with price, but market watchers say Altcoin season is on hold Read More »
BlackRock’s spot bitcoin ETF, IBIT, has recorded record outflows this month amid a drop in price and a sharp rise in the price of bearish options used to hedge against further market declines. The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded net outflows of $1.26 billion so far this month, marking the largest monthly redemption
