Here’s why Ethereum, Dogecoin, XRP, Solana dropped this week
Bitcoin and most altcoins pulled back this week, while the crypto fear and greed index slipped into the fear zone. Ethereum (ETH) dropped to a low of $2,100, down by over 47% from its highest level this year. Similarly, Dogecoin (DOGE) price slipped to $0.2060, its lowest level since Nov. 4, while Ripple (XRP) fell […]
Crypto phishing losses dropped 56% to $10.2m: ScamSniffer
Phishing scams drained over $10.2 million in crypto from more than 9,000 victims in January, a 56% drop from December, data shows. While phishing losses fell 56% in January to $10.25 million, new threats are spreading fast, according to latest findings reported by blockchain firm ScamSniffer. In a Feb. 3 thread on X, the firm […]
Bitcoin ETF weekly inflows dropped 68% amid Fed interest rate decision and Deepseek scare
Inflows into spot Bitcoin exchange-traded funds in the United States sharply tapered off over the past week amid the Fed’s decision on interest rate cuts and a broader risk-off sentiment among investors following concerns over China’s launch of the AI platform Deepseek. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced a significant […]
Bitcoin ETF volume reached $5b as Bitcoin price dropped $91k
Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin spot exchange-traded fund (ETF) recorded volume trading of $5 billion on Nov. 26; the volume was led by dominant key players in the industry, […]
Bitcoin exchanges' BTC balances have dropped almost $10B in 2024
Bitcoin exchange balances are “down only” as $9.5 billion in BTC exits in 2024. Source link
