Bitcoin open interest falls below $57b after reaching its lowest level since November
Bitcoin futures open interest has gone down to $56.6 billion, after taking a plunge at the start of 2025. Since then, BTC OI has not been able to recover and has reverted to its November ATH. According to data from Coinglass, Bitcoin (BTC) OI has fallen to $56.6 billion on Jan. 3 despite showing signs […]
Kekius Maximus falls as Elon Musk swaps X avi
Kekius Maximus meme coins on Ethereum and Solana plummet after Elon Musk changes his profile photo and X page name. Kekius Maximus, a meme coin on Ethereum (ETH), crashed from its $380 million market cap on Jan. 2 after Musk removed the character from his X account’s name and avatar. The Ethereum-based Kekius Maximus token […]
MicroStrategy’s Stock Falls Below $300, What’s Going On?
The stock of MicroStrategy declined to more than $300 in the after-hours session on Dec. 30. Could MicroStrategy be slowly losing its heat? The MicroStrategy stock (MSTR) is down by 46% from its all-time high in November. This comes as the company’s bid to increase its stock shares by billions of dollars in order to […]
Bitcoin greed falls to October levels as BTC fizzles toward year end
Bitcoin has retreated 13.7% in the last 12 days, leading to the Crypto Fear & Greed Index recording its lowest score since Oct. 15. Source link
Ethereum price falls as spot ETF, staking inflows rise
Ethereum price has recoiled in the past few weeks despite having some positive exchange-traded funds and staking inflows. Ethereum (ETH) was trading at $3,400 on Dec. 29, down by over 17.2% from its highest level this month. This retreat occurred as Ethereum continued to see strong fundamentals. Data by SoSoValue shows that the daily inflows jumped […]
Kyrgyzstan crypto mining tax collection falls 50% year-over-year in 2024
A report on the 2024 Kyrgyz government revealed crypto mining taxes contributed only around $535,000. This value dropped by nearly half compared to last year’s crypto mining tax collection. According to a budget document released by the Kyrgyzstan Ministry of Economy and Finance, cryptocurrency mining taxes have fallen by 50% this year. Crypto mining tax […]
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources. Source link
BONK price falls over 7% after burning 1.69 trillion tokens-what’s going on?
Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 trillion tokens worth over $51 million was burned as part of the dog-themed meme coin’s community holiday token burning event dubbed the “BURNmas.” Based on community […]
Ethereum price falls to $3.3K, but data shows ETH bulls are still in control
ETH price broke down as the wider market corrected, but derivatives data shows traders bullish stance on Ethereum. Source link
AAVE price rises as smart money buys, exchange balances falls
AAVE price rebounded for the second consecutive day, erasing some losses from last week, as smart money investors bought in and exchange balances declined. AAVE (AAVE), the largest lending protocol in the crypto industry, climbed to $341 on Monday, Dec. 23, marking a 25% increase from its lowest level last week. This recovery pushed the […]
