OnChainMonkey introduces KARMA tokens, aims to bolster ecosystem with strategic airdrop
OnChainMonkey introduces KARMA tokens, aims to bolster ecosystem with strategic airdropOnChainMonkey pushes ecosystem expansion with KARMA token launch and strategic community airdrops.
Happy Thursday!The global crypto market cap is $1.54 trillion, with a 24-hour volume of $47.79 billion. The price of Bitcoin is $39,729.25, and BTC market dominance is 50.5%. The price of Ethereum is $2,184.86, and ETH market dominance is 17.1%. The best-performing sector is Prediction, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (52). Top News
OnChainMonkey introduces KARMA tokens, aims to bolster ecosystem with strategic airdropOnChainMonkey pushes ecosystem expansion with KARMA token launch and strategic community airdrops. The market is absorbing enormous selling pressure with little movementOn-chain metrics show that the market managed to absorb extremely high selling pressure in the face of Bitcoin ETF-induced volatility. Bitcoin recovers above $40k amidst GBTC outflows, other ETF inflowsBitcoin bounces back over $40,100 amid shifting ETF inflows and outflows, GBTC movements point to market impact. Latest Insights
More NewsNew FTX probe should be limited in cost and duration: bankruptcy judgeJudge John Dorsey said that the examination should take 45 days or less. Nexo demands $3 billion in damages over canceled Bulgarian investigationThe crypto lender said that the now-dropped charges harmed its reputation and brand. Ark Invest’s aggressive accumulation of its Bitcoin ETF propels it into top 5 of ARKW portfolioARK has continued with its fund rotation, liquidating a significant chunk of its BITO holdings during the past day. Bitwise’s Bitcoin ETF receives BTC donations following transparency moveSome community members questioned the asset management firm choice of address following the disclosure. Bankers switching to crypto careers for higher salaries and industry growthSalaries in crypto startups are almost double those of banking comparable positions, Bitget explained.
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Grayscale GBTC investors still in profit with average cost basis 20% below current prices
Wednesday, January 24, 2024
Data suggests 70% of Grayscale holders remain profitable at current levels with an average cost of $27.82.
Bitcoin falls below key $40k threshold amid continued sell off
Tuesday, January 23, 2024
The decline to around $40000, Bitcoin's lowest level since mid-December of the previous year, has been driven by a sustained sell-off amid a series of macroeconomic and market-specific factors.
Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion
Monday, January 22, 2024
Growing investor appetite evident as "Newborn Nine" Bitcoin ETFs accumulate $4 billion in assets under management.
Bitcoin ETFs: An in-depth look at the first 5 days of trading
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We explore the first 5 days of Bitcoin ETF trading, analyzing their inflows and implications on the broader market.
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Saturday, January 20, 2024
Jenny Johnson said the launch of Franklin Templeton's Bitcoin ETF is a strategic response to the increased use of Bitcoin in transactions and its integration into the broader financial system.
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