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[ad_1] Assessing the health of the crypto market requires looking at more than just Bitcoin’s price. Looking at the percentage of Bitcoin holders that are in profit, meaning they bought BTC at a price lower than its current spot price, is a solid indicator of future movements. Holders that saw their BTC increase in value…

[ad_1] The cryptocurrency market cap saw net outflows of $27.2 billion over the last 24 hours and currently stands at $1,023.36 billion — down 2.6% from $1,050.56 billion. Over the reporting period, the Bitcoin market cap fell 1.2% to $436.03 billion from $441.36 billion. Similarly, Ethereum’s market cap fell 4.6% to $189.4 billion from $198.68…

[ad_1] Genesis Broker, Exchange, Lending Company in North America Genesis is an institutional digital asset markets and a full-service digital currency prime brokerage  providing a single point of access for select qualified individuals and global institutional investors. More about Genesis Info Twitter LinkedIn [ad_2] Source link

[ad_1] Bitcoin (BTC) has shown the highest return since October 2022 and has the best January in 10 years in monthly returns. BTC Yearly Returns Since the start of the year, BTC has enjoyed remarkable growth from $16,583.18 to $23,060.14 as of press time –  amounting to about 39% return in 23 days. Over this…

[ad_1] The cryptocurrency market cap saw net inflows of $0.56 billion over the last 24 hours and currently stands at $1,050.56 billion — up 0.05% from $1,050 billion. Over the reporting period, the Bitcoin market cap grew 0.1% to $441.36 billion from $440.68 billion. By contrast, Ethereum’s market cap fell 0.8% to $198.68 billion from…

[ad_1] Gemini Earn customers face a potential $485 million shortfall in their bid to be made whole following the Genesis bankruptcy. Gemini Earn paid rewards to customers who lent cryptocurrency to the program. Customers’ tokens were then loaned to counterparties, in this case, Genesis, who generate yield by trading and investing. After months of insolvency…

[ad_1] Crypto lender BlockFi — having filed for bankruptcy weeks after the collapse of FTX — is planning to sell around $160 million of Bitcoin (BTC) miner-backed loans, Bloomberg reported. The loans are collateralized by approximately 68,000 BTC mining machines, as per the report — which cited anonymous sources. Some loans have already defaulted and…

[ad_1] Glassnode data analyzed by CryptoSlate suggests that investors are confident holding Bitcoin and Ethereum, over stablecoins, during the current risk-off environment As previously mentioned, billions in stablecoins have been redeemed for fiat in recent months. A significant factor in this was the Binance insolvency FUD, which sparked a run on the exchange. However, as…

[ad_1] Axie Infinity’s AXS token continued its impressive price action, rising 42% over the last 24 hours to $13.06, according to CryptoSlate data. The positive price performance is coming ahead of an imminent token unlock that would release 4.89 million new tokens — 1.8% of the asset’s 270 million total supply — worth roughly $63.8…

[ad_1] Bitcoin (BTC) holds the 15th-largest market cap with $441.53 billion as of Jan. 23, which reflects a significant climb from its ranking as 26th on Dec. 23, 2022. BTC climbs back up the rankings BTC’s market cap recorded a 35.9% growth from the $324.68 billion recorded on Dec. 23, 2022. At the time, Mastercard…