Insha Zia

6 days ago | ccn.com | Insha Zia |Prashant Jha

Home / News / Crypto / News / Crypto Market Returns to 2024 Lows as CryptoQuant Flags Signs of a Rebound News 3 min read Published Published Key Takeaways Bitcoin is revisiting the same bottom levels it hit during the 2024 cycle. CryptoQuant data suggests the market may be setting up for a rebound, mirroring last year’s recovery pattern. As BTC struggles, gold continues to hit all-time highs, challenging Bitcoin’s “digital gold” narrative. After months of choppy action and fading momentum,...

6 days ago | ccn.com | Insha Zia |James Morales

Key TakeawaysBig Tech firms walked back some metaverse projects in 2024, but haven’t given up on the concept. Apple is rumored to be developing a new lightweight version of its Vision headset to compete with Meta. Meanwhile, Google is more focused on the software side of things. Despite a run of metaverse flops and retreats in 2024, Big Tech firms remain committed to virtual and augmented reality (V/AR). An example is Apple’s Vision headsets.

6 days ago | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysGen Z is four times more likely to own crypto than a retirement account. Almost a third of Gen Z invests in crypto instead of traditional stocks. Roughly 11% of Gen Z have a retirement account, but at least half own crypto. Generation Z—those born between 1997 and 2012—is quickly emerging as one of the most crypto-savvy demographics, with a growing number turning to Bitcoin (BTC) and other digital assets as part of their long-term financial strategy.

6 days ago | ccn.com | Insha Zia |Eddie Mitchell

Key TakeawaysU.S. spot Bitcoin ETFs command $94.51 billion in net assets or 5.59% of BTC’s market cap. Ethereum is trading at $1,584, down 47% over the past year. U.S. spot Ethereum ETFs hold $5.27 billion in net assets or 2.76% of ETH’s market cap. U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) remain under pressure as crypto and traditional markets continue to adjust to ever-shifting global economic and trade conditions.

6 days ago | ccn.com | Insha Zia |Giuseppe Ciccomascolo

Key TakeawaysDespite a brief decoupling, Bitcoin quickly reconnected with the Nasdaq at around 70%. In times of macroeconomic uncertainty, gold continues to outshine other assets, including Bitcoin. JPMorgan analysts observe that Bitcoin hasn’t drawn the same defensive investment interest as gold. For years, has often been hailed as “digital gold,” a modern-day safe haven immune to Wall Street’s turbulence.