Currently, the global cryptocurrency market capitalization stands at a formidable $1.95T reflecting the collective value of these digital assets. Over the past 24 hours, the cumulative trading volume within the crypto space has reached an impressive $71.29B underscoring the robust activity within this dynamic market. Bitcoin retains its prominent position, commanding 52.0% with a market cap of $1.01T. Meanwhile, Ethereum asserts its influence with 18.4% and a substantial market capitalization of $357.51B. The hierarchical positioning of these cryptocurrencies is meticulously determined through a triad of crucial factors: market capitalization, trading volume, and prevailing prices. This holistic assessment ensures a comprehensive gauge of each coin's standing within the intricate landscape of the crypto realm.
The groundbreaking Bitcoin spot ETFs, introduced to the market on January 11, have sustained their positive momentum, marking the 15th consecutive day of gains. As of February 15, these investment products reported a noteworthy net increase of $477 million. In this report, we delve into the recent developments in the ETF landscape, shedding light on...The post ...Read More
The eagerly awaited January inflation figures in the United States have been officially disclosed, bearing significant implications for the Federal Reserve’s interest rate policies. Contrary to expectations, the annual inflation rate for January stands at 3.1%, slightly surpassing the anticipated 2.9%. This unexpected data has reverberated through various financial markets, with Bitcoin experiencing a downward...The post ...Read More
Since embracing the Proof of Stake (PoS) system 1.5 years ago, the Ethereum network has achieved a noteworthy milestone with over 25% of the total supply of Ether now engaged in Ethereum staking. Following the Shapella upgrade, stake rewards experienced a surge to 8.6%, subsequently settling at 4% during this timeframe. Transition and Impact of...The post ...Read More