Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
Bitcoin had a negative netflow of $13.7 million as investors withdrew more BTCs from exchanges during the last 24 hours, according to Glassnode data.
The decline led to over $200,000,000 of market cap gone from HT within an hour, only to recover by over 1000% minutes after.
As bear market fears continue, Bitcoin has lost a crucial support level and is trending downward.
According to new data, the exchange has increased its share of the business from 59.4% to 61.8% month over month.
The ability to withdraw staked Ethereum may soon be here, as Shapella (Shanghai + Capella) unstaking upgrade goes live on the Goerli testnet.
CZ also doubles down on commitment to Voyager deal, cites challenges in US crypto industry, and talks about FUD from the media.
The significant USD liquidity decline shows Silvergate's role in connecting the traditional financial system and the crypto industry.
In Greyscale's spot ETF appeal hearing, judges are questioning the logic of how a futures ETF is possible but a spot is not.
A new Glassnode chart reveals updated US government estimated crypto balance, raising fears of a BTC sell-off.
