Crypto Enthusiasm Skyrockets with Over $120 Million Inflows Last Week: Investors Flood In!
Strong Inflows into Crypto Asset Management Products for Second Consecutive Week The crypto asset management industry is witnessing a strong inflow for two consecutive weeks, as reported by CoinShares, a European based asset manager. According to the report, $125 million flowed into the industry last week, signaling strong investor interest in these financial products. Total […]
US Oil Futures Make a Comeback, Soaring High Despite Last Week’s 7% Plunge
US oil futures experienced a boost on Monday, growing by almost 3% in value. Part of the reason for this growth is the bullish US jobs data, which came in better than expected on Friday. Another reason is that the speculated imminence of a recession is driving crude prices. West Texas Intermediate crude increased by […]
Crypto Market Plunge: Traders Lose $650M+ in Long Liquidations – Week of Wild Woes!
The cryptocurrency markets experienced a sharp correction last week, wiping out over $650 million in value from long trading positions, a significant setback for crypto traders. The recent crypto market valuation has experienced a swift decline, which has led to an increase in the aggregate number of long liquidations worth more than $650 million. Such […]
Last Week: $200 Million Off! USDC Circulation Takes Over Circle – Don’t Miss Out!
Circle’s USDC Sees Remarkable Circulation Surge, Reaching a $200 Million Discount Last Week In recent cryptocurrency news, the stable token USD Coin (USDC) created by Circle has witnessed a significant increase in its circulation last week, with the discount skyrocketing up to $200 million. This impressive surge comes as the demand for stablecoins continues to […]