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Author: CryptoPress

Crypto Market Update: Sideways Market Continues

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As the crypto market navigates through the complex currents of global finance on September 16, 2024, several pivotal developments are shaping investor sentiment and market dynamics. Here’s a snapshot of what’s driving the crypto sphere today: Market Sentiment and Bitcoin’s Dance: The market has been witnessing a bearish trend, with Bitcoin (BTC) dipping below the significant $60,000 threshold, currently hovering around...

Altcoins, Bitcoin

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Fantom

Fantom

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What is Fantom? Fantom is a high-performance, open-source platform that enables developers to build and deploy decentralized applications (dApps). It operates on a directed acyclic graph (DAG) consensus mechanism, which offers significantly faster transaction speeds and lower fees compared to traditional blockchain networks. { "symbols": [ [ "FTMUSD|1D" ] ], "chartOnly": false, "width": "100%", ...

Coins

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Chain Fusion Hub

Chain Fusion Hub @ Token2049 Singapore

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​Imagine a world where multichain d’App development is effortless, blockchains interact seamlessly, liquidity flows securely between Ethereum, Bitcoin, and other chains, and communities unite rather than divide. This is the future we’re exploring on Chain Fusion Day, powered by Internet Computer. Chain Fusion Hub, powered by ICP (Internet Computer Protocol), is an exclusive event series that brings together the strongest builders from...

Altcoins, Cryptocurrencies, Web3

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Sei

Sei

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What is Sei? Sei is a Layer 1 blockchain that is designed to optimize the decentralized finance (DeFi) ecosystem by providing a specialized, high-performance environment for trading and liquidity operations. It positions itself as an “order-book” blockchain, meaning it focuses on supporting exchanges, particularly those relying on order books rather than traditional automated market makers (AMMs). By focusing on enhancing...

Altcoins, Coins

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Bitcoin ETFs

Bitcoin ETFs break 8 day outflow streak and record $28M in net inflows

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Bitcoin ETFs have indeed broken an 8-day streak of outflows by recording net inflows of approximately $28 million. This shift comes after a period where these ETFs experienced significant outflows, totaling around $1.2 billion, marking a notable turnaround in investor behavior towards Bitcoin ETFs. Here’s a brief overview based on the information available up to September 10, 2024: Recent Performance: After a prolonged period of...

Cryptocurrencies, Front page, News

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