Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
Bitcoin’s daily realized profit metric has fallen 76% after the initial hype about $100,000 Bitcoin began to wane off, according to crypto analysts.
Related Posts


SEC pushes deadline for decision on Invesco Galaxy spot Ether ETF to 2024
The commission had until Dec. 23 to decide or punt on approval or disapproval for the spot crypto investment vehicle. 92 Total views 1 Total shares The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or disapprove a spot Ether (ETH) exchange-traded fund, or ETF, proposed by Invesco

Okcoin reports altcoins drove institutional interest in crypto for 2021
The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.” 342 Total views 7 Total shares Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last…

Avalanche9000 goes live on testnet, unlocks $40M rewards for builders
Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.

Deutsche Bank Institutional Trader Joins Japanese Crypto Startup
A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3.According to the announcement, Yasuo Matsuda, an institutional trader from Deutsche Bank, will join FXcoin as a senior crypto strategist starting in September 2018. The strategist position includes providing analysis of crypto markets and daily reports on the market’s activity.The…

US government transfers 300 ETH — Arkham Intelligence
The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.

Paxos set to withdraw from Canada amid regulatory uncertainty
Paxos assured its customers that their funds would "remain safely" in their accounts, but advised users to withdraw all balances from their accounts at their earliest convenience. 375 Total views 47 Total shares Own this piece of history Collect this article as an NFTPaxos, a fintech company that offers blockchain-based solutions for the global financial…

Has Bitcoin solidified support at $58K and what’s going on with the Metaverse boom? | Find out now on The Market Report w/ Michaël van de Poppe.
“The Market Report” with Cointelegraph is live right now with special guest Michaël van de Poppe, founder and CEO of Eight Global. 1424 Total views 42 Total shares Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.