An alternative measure of Bitcoin’s market cap reached an all-time high. In brief ▪️Bitcoin has hit $378 billion in “realized market cap,” reaching an all-time high in the metric that measures how much “active” money is in the Bitcoin market.…
Intel makes a small bet on the future of the cryptocurrency market with an investment in leading exchange Coinbase. In brief ▪️Semiconductor manufacturer Intel disclosed to the SEC that it holds nearly $800,000 worth of Coinbase stock. ▪️Coinbase went public…
https://cointelegraph.com/news/bullish-ethereum-traders-can-place-risk-averse-bets-with-this-options-strategy
The proportion of #Bitcoin supply held by LTHs continues to trend higher as coins are held dormant. Previous bull markets were triggered when LTH supply reached between 63.6% and 71.5% although often after many months at these levels. LTHs currently…
The capital stored in the Bitcoin network just broke an all-time-highs. The network has more money in it today at $47k than it did at $64k in April. Realised Cap estimates this by summing the price paid for every coin…
What you need to know on Thursday, August 12: The American dollar advanced throughout the first half of the day but ended the day in the red against most major rivals. The greenback changed course after the release of US inflation…
DoorDash (NYSE:DASH) is said to have held talks to purchase Instacart (ICART) over the past two months that may have valued the grocery delivery company at $40B to $50B. DoorDash gained 2% in after hours trading. The talks felt apart in recent weeks…
U.S. stock futures were mixed Wednesday night after the market shrugged off the July inflation report and the Dow Jones Industrial Average and S&P 500 hit records. Dow futures rose 9 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures fell 0.02% and…
Stocks rose to fresh highs Wednesday to extend gains from a day earlier, with optimism over an in-line inflation print and passage of a major infrastructure bill in the Senate helping boost equities. The S&P 500 and Dow gained, with…