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Author: CryptoPress

Pyth Network Airdrop: How to Claim, Steps

The crypto world is buzzing with the news of the upcoming airdrops for $PYTH stakers. With a low cost right now, you can buy 1000 $PYTH. The potential gain appears to be great. This article will guide you through the process of claiming your airdrop in under 5 minutes. Eligibility: A Retrospective Airdrop This program is for past community members who have contributed to the network and DeFi participants who were active in the ecosystem....

$PYTH, $SOL, Airdrop, Ethereum, Front page, Main

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GBTC Outflows: A Threat or an Overreaction?

GBTC moved more than $400 million worth of BTC to custodian Coinbase Prime. GBTC has bled $1.5 billion in investor assets since last Thursday. JPMorgan predicts an additional $10 billion in outflows if GBTC loses its liquidity advantage. Traders might be overstating the impact of GBTC selling. GBTC outflows find a counterpart in net inflows to the remaining spot Bitcoin ETF funds. The GBTC Outflows The Grayscale Bitcoin Trust...

Bitcoin, Front page, GBTC, Grayscale, Main, News

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Crypto Market Update: Bitcoin price, dYdX’s rise, BlackRock’s lead on Robinhood

The crypto market today is witnessing significant shifts. Decentralized exchange dYdX is outperforming Uniswap v3 in trading volume, demonstrating the growing influence of DeFi. Meanwhile, BlackRock’s spot bitcoin ETF has become the most popular among the 11 new funds available on Robinhood in terms of volume. Bitcoin’s price has seen a decline due to factors including market volatility, earnings season, and macroeconomic indicators. The price...

Bitcoin, Crypto market, Cryptocurrencies, News

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Crypto Today: Bitcoin Dips, Altcoins Outperform, and Interest Rate Cuts Expected

Bitcoin Slumps as Investors Sell After ETF Approval Bitcoin’s price dipped below $42,000 on Monday, following a recent surge after the approval of a Bitcoin ETF. Investors appear to be taking profits, leading to a decline in Bitcoin’s value. Notably, Bitcoin is underperforming compared to other cryptocurrencies, ranking 99th among the top 100 assets in terms of 7-day price performance. Altcoins Outperform as Investors Seek Alternatives While...

Altcoins, Bitcoin, Cryptocurrencies, Ethereum

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Bitcoin ETFs Trading Record

Bitcoin ETFs hit over $4.5 billion in trading volume on their first day. Grayscale and BlackRock’s ETFs top the volume rankings. The launch of spot Bitcoin ETFs sparks a trading frenzy. Have you ever wondered what it would be like to trade Bitcoin just like stocks? Well, the future is here, and it’s wrapped in the shiny package of Bitcoin ETFs! With the recent approval of several Bitcoin ETF applications, the crypto market is buzzing...

Bitcoin, ETF, Front page, Main, News

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