Retail Investors in DAT More Likely to Lose Funds After $17B Market Wipeout: Bloomberg
The losses to the retail investors in these types of DAT structures could continue to rise as billions of dollars in crypto market value keep going. According to some recent estimates, more than $17 billion in value has been wiped out. DAT Strategies Leave Retail Traders Holding the Bag A Bloomberg analysis suggests that retail The post Retail Investors in DAT More Likely to Lose Funds After $17B Market Wipeout: Bloomberg appeared first on CoinGape. CoinGape
Bitcoin Can Rebound Anytime So Long Capital Keeps Flowing In, Says CryptoQuant CEO
Bitcoin’s recent slide into the mid-$90,000s has raised fears across the market. But CryptoQuant CEO Ki Young Ju says the price structure remains far stronger than many traders believe. Realized Cap Surge Signals Strong Bitcoin Demand Amid Pullback Ki Young Ju believes that Bitcoin can recover at any time provided capital inflows are maintained. He The post Bitcoin Can Rebound Anytime So Long Capital Keeps Flowing In, Says CryptoQuant CEO appeared first on CoinGape. CoinGape
Zcash Price Soars 45%: Here’s Why
Zcash (ZEC) price has experienced a remarkable surge, with its price climbing over 45% in the past 24 hours. The privacy-focused cryptocurrency has significantly outperformed the broader market, standing strong at over $600. This increase is an upswing extension of a pattern with a 20% increase in an otherwise downward market. The increase in the The post Zcash Price Soars 45%: Here’s Why appeared first on CoinGape. CoinGape
BlackRock Bitcoin ETF’s Biggest Outflow Ever Sparks Panic, But Kiyosaki Stays Bullish
Fresh data showed that BlackRock pulled about $473.72 million worth of Bitcoin in a single session. This marks the biggest withdrawal in USD terms since the asset manager entered the market. The massive exit added pressure during a week already filled with fear and massive sell-offs. Major Bitcoin ETFs Record Sharp Withdrawals SoSoValue data confirmed The post BlackRock Bitcoin ETF’s Biggest Outflow Ever Sparks Panic, But Kiyosaki Stays Bullish appeared first on CoinGape. CoinGape
What the New Bitcoin Model Predicts About a Possible $200K BTC Price Target?
The Bitcoin price dropped below the $100K mark after a sharp wave of selling hit major assets across the board. Panic selling drove BTC down as buyers had a hard time to regain lost form. Interest continues to grow around the new Bitcoin model, which outlines a path toward the $200K region over the next The post What the New Bitcoin Model Predicts About a Possible $200K BTC Price Target? appeared first on CoinGape. CoinGape
U.S. Government Shutdown Set to End as House Panel Approves Senate Funding Deal
The U.S. Government shutdown may finally be nearing its conclusion amid fresh developments. The House Rules Committee has approved a Senate-passed funding bill aimed at reopening federal agencies. House Panel Clears Path for Final Vote The House Rules Committee voted 8-4 along party lines to advance a rule to govern debate on the funding bill, The post U.S. Government Shutdown Set to End as House Panel Approves Senate Funding Deal appeared first on CoinGape. CoinGape
MetaMask Partner Transak Expands into US With 6 New Money Transmitter Licenses
Transak:- Transak, the Web3 payments infrastructure provider and the official fiat-onramp partner of MetaMask, has secured six new Money Transmitter Licenses (MTLs) across the United States. With this expansion, Transak strengthens its regulatory foothold in the country. This is a move the company says will “reinforce its position as one of the most compliance-ready stablecoin The post MetaMask Partner Transak Expands into US With 6 New Money Transmitter Licenses appeared first on CoinGape. CoinGape
Visa Begins Pilot Program For Direct USDC Payments For U.S. Businesses
Visa has launched a new pilot program that will let the company’s U.S. clients and businesses send and receive payments directly in USDC. This might change how businesses and individuals transfer money across borders. Visa Unveils Direct Stablecoin Payouts Pilot Speaking at the Web Summit, Visa said that select businesses using its Direct service will The post Visa Begins Pilot Program For Direct USDC Payments For U.S. Businesses appeared first on CoinGape. CoinGape
When Was the First ICO Held?
Back in 2017, ICOs raised over $5.6 billion, turning crypto fundraising into one of the biggest financial experiments of the decade. It started as a daring leap of faith, where early believers backed ideas with nothing but tokens and trust, cutting out banks and venture capitalists. It also reshaped how you invest, how projects launch, The post When Was the First ICO Held? appeared first on CoinGape. CoinGape
Why Are Top Altcoins ADA, SOL, and ETH Down Today?
Top altcoins Cardano (ADA), Solana (SOL), and Ethereum (ETH) continue to slump today. The US dollar wavers as traders mull a December Fed rate cut after the latest ADP jobs report showed a weakening US labor market. The global crypto market cap has plunged below $3.50 trillion again, losing nearly $150 billion over the last 24 The post Why Are Top Altcoins ADA, SOL, and ETH Down Today? appeared first on CoinGape. CoinGape
