Archive for August 2024

Bitcoin experienced a downturn, falling below $59,000 with a weekly loss exceeding 3.5%, as demand for the cryptocurrency showed signs of weakening. Major exchange-traded funds (ETFs), particularly those like BlackRock’s IBIT, recorded significant net outflows, highlighting a retreat by professional investors from the market. U.S.-listed Bitcoin ETFs saw $71 million in net outflows on Thursday,…

The Future of Web3 Gaming: How Catizen is Pioneering Success on TON The Open Network (TON) is rapidly emerging as a key player in the crypto landscape, and Catizen is at the forefront of this revolution by engaging gamers through Web3. According to TONStat, the TON ecosystem boasts over 10.78 million activated wallets—a staggering 1400%…

Bitcoin Drops Below $50K as Investors Shift Away from Risk Assets Bitcoin (BTC) tumbled below $50,000 during Asian trading hours on Monday before bouncing back to nearly $53,000. This marks the cryptocurrency’s lowest point since mid-February. The decline is attributed to rising geopolitical tensions in the Middle East and growing concerns about the global economy,…