Analyst suggested that Ethereum could soon follow Bitcoin’s rally. NFT trades and lowering gas fees may impact network activity in the long run. Bitcoin [BTC] has been seeing quite a rally over the last few days, inspiring a lot of positive speculation around the king coin. However, it appears that Ethereum [ETH] will also soon be … Read more
We are excited to announce that we are rolling out Multi-network support within Loopring Smart Wallet — starting with Taiko’s brand new alpha 2 testnet! Interact with the Taiko testnet from the comfort of your mobile phone — complete tasks + get rewarded with participation NFTs. With the recent announcement from Taiko about their new … Read more
BTC’s outflows continue to grow despite renewed hope in the crypto ecosystem. As Shanghai Upgrade draws nearer, investors shy away from Ether products. According to a new report by CoinShares digital asset investment products recorded six consecutive weeks of outflows totaling $95 million. Over the last five weeks, there has been $406 million in outflows … Read more
Back in April 2022, we announced a new line of Loopring branded wearables that our community could take into the metaverse. In order to win the first of these wearables, a t-shirt, you needed to either have the highest trading volume or win the Lucky Draw. The 1,000 winners of the competition have been patiently … Read more
Digital asset investment product saw the largest single weekly outflows on record last week. BTC’s outflows represented 95% of the total monies that left the market According to a new report by digital asset investment firm CoinShares, product outflows registered the largest single weekly outflows on record last week. It found that record-breaking outflows of … Read more
U.S. regulators offer a bailout to customers affected by SVB and Signature bank collapses. Will there be alternatives to these crypto-friendly banks and their payment systems to provide liquidity? Bitcoin and Ethereum were both up by more than 9% in the last 24 hours retracing their weekend losses and propping up the crypto market. The … Read more
Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows … Read more
Bitcoin’s total number of whales reached a three-year low at press time. However, several on-chain metrics favored the bulls and suggested an uptrend. Santiment’s analyst, in a 3 March YouTube stream, pointed out the dwindling interest of the whales in Bitcoin [BTC] and Ethereum [ETH]. As BTC’s price increased a few days ago, whales continued … Read more
Global crypto market capitalization declined by over 4% in the last 24 hours. Though BTC and ETH were affected, a few metrics predicted a trend reversal. Coinbase on 2 March announced that it had frozen accepting or initiating payments to or from Silvergate. This episode happened as Silvergate, one of the most influential banks in … Read more
Bitcoin and ETH derivatives register healthy recovery alongside spot demand. However, demand is still relatively low as traders proceed cautiously. The crypto market’s performance on a YTD basis has been different from the bearish performance last year. We have seen strong demand recovery, especially from the spot market. A recent analysis revealed how Bitcoin and … Read more
