CryptoSlate Daily wMarket Update: Red day sees $49B wiped from crypto market cap

Ad The cryptocurrency market cap saw net outflows of $48.8 billion over the last 24 hours and currently stands at $1.013 trillion — down 4.6% from $1.062 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 4.3% and 6% to $419.68 billion and $188.34 billion, respectively. The top 10 crypto assets all recorded…

CryptoSlate Daily wMarket Update: AI tokens shine despite wider market sell-off

Since the last wMarket report, the cryptocurrency market cap saw net outflows of $17.5 billion and currently stands at $1.06 trillion — down 1.6% from $1.08 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 2.7% and 0.81% to $441.19 billion and $199.95 billion, respectively. The top 10 crypto assets posted losses across…

CryptoSlate Daily wMarket Update: Bears take control as Bitcoin dips to $23,500

The cryptocurrency market cap saw a net outflow of around $10 billion over the last 24 hours and currently stands at $1.08 trillion — down 0.86% from $1.09 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 1.32% and 1.51% to $453.27 billion and $201.57 billion, respectively. The top 10 crypto assets posted…

CryptoSlate Wrapped Daily: Kraken closes Abu Dhabi office; Bithumb owner arrested

The biggest news in the cryptoverse for Feb. 2 saw Kraken announce the closure of its Abu Dhabi office. Meanwhile, Bithumb owner Kang Jong-hyun has been arrested on embezzlement charges. Elsewhere, a Texas judge has ruled in favor of Sam Bankman-Fried in a securities case. Plus, research on the “bullishness” of investors around the world….

CryptoSlate Wrapped Daily: AllianceBlock hacked for $12M; Nostr launches Damus app

The biggest news in the cryptoverse for Feb. 1 saw DeFi platform AllianceBlock fall victim to a $12 million exploit. Meanwhile, the decentralized social media project Nostr has launched a mobile app called Damus. Plus, FTX has published a financial update that contradicts court filings, former FTX CEO Sam Bankman-Fried has been barred from using…

CryptoSlate Daily wMarket Update: Dogecoin rally defies overall market sentiment

The cryptocurrency market cap saw net outflows of around $5.59 billion over the last 24 hours and currently stands at $1,041.72 billion — down 0.65% from $1,047.31 billion. Over the reporting period, Bitcoin and Ethereum’s market cap fell by 1.06% and 0.74% to $441.02 billion and $192.3 billion, respectively. All top 10 crypto assets printed…