THE COIN STREET JOURNAL Market News – July 19th 2024 THIS WEEK IN THE CRYPTO MARKETS Bitcoin’s price hovered around $64,000 following a dip from $65,000 on Thursday. Earlier in the week, Bitcoin had briefly reached $66,000. This fluctuation is partly due to the increasing likelihood of President Joe Biden withdrawing from the upcoming U.S. …
THE COIN STREET JOURNAL Market News – July 12th 2024 BITCOIN SET FOR RENEWED BULLISH MOMENTUM The recent data from Capriole Investment’s crypto speculation index indicates that the speculative excesses observed in the first quarter of the year have significantly dissipated. This development suggests that the market could be resetting, creating a healthier environment for …
THE COIN STREET JOURNAL Market News – July 5th 2024 CRYPTO FEAR AND GREED INDEX HITS LOWEST LEVELS SINCE EARLY 2023 The Crypto Fear & Greed Index, a popular sentiment metric for the cryptocurrency market, has plummeted to its lowest levels since early 2023. This decline reflects extreme fear among investors following a significant drop …
THE COIN STREET JOURNAL Market News – June 28th 2024 SOLANA COULD BENEFIT IF TRUMP REGAINS PRESIDENCY A recent market analysis by GSR, a market-making firm, suggests that if Donald Trump regains the presidency, Solana (SOL) could see significant benefits, including the potential launch of a Solana ETF in the U.S. This shift could bring …
THE COIN STREET JOURNAL Market News – June 21st 2024 BITCOIN PRICE DECLINES : IS IT TIME TO BUY? Bitcoin’s recent decline from its all-time high has some investors questioning whether to buy the dip. Despite Bitcoin’s price being up over 50% for the year, the past three months have seen a significant drop. Currently, …
THE COIN STREET JOURNAL Market News – June 14th, 2024 SEC INDICATES THAT ETHER ETFs SHOULD SEE FINAL APPROVAL SOON Securities and Exchange Commission (SEC) Chair Gary Gensler indicated that the final approvals for ether (ETH) exchange-traded funds (ETFs) should be completed by the end of the summer. This was revealed during a budget hearing …
THE COIN STREET JOURNAL Market News – June 10th, 2024 STABLE COINS MiCA REGULATIONS COME INTO EFFECT AT THE END OF JUNE Stablecoins, designed to maintain a stable value by being pegged to a reserve asset, are central to the crypto sector’s efforts to regain stability. They aim to offer the benefits of cryptocurrencies while …
THE COIN STREET JOURNAL Market News – June 3rd, 2024 $3.02 BILLION OF ETHER WITHDRAWN FROM CENTRALIZED CRYPTO EXCHANGES Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether has been withdrawn from centralized crypto exchanges. This large exit of Ether, amounting to …
THE COIN STREET JOURNAL Market News – May 24th 2024 BITCOIN REVIEW The price of Bitcoin (BTC) gained significant momentum in 2021 due to increased institutional adoption but faced challenges in 2022 due to regulatory and environmental issues. However, in 2023, Bitcoin experienced a remarkable surge, with its price increasing by 157%. This bullish trend …
THE COIN STREET JOURNAL Market News – May 14th 2024 DEFI PROJECTS HAVE RECENTLY OUTPERFORMED MAJOR BLOCKCHAIN NETWORKS Decentralized finance (DeFi) projects Lido and Aave have recently outperformed major blockchain networks like Bitcoin, Ethereum, and Solana in terms of fee generation. According to data from DeFillama, in the last 24 hours, Lido generated $2.34 million …
