The cryptocurrency market charged full steam ahead on Aug. 11 as the price of Bitcoin (BTC) climbed to $46,743, and bulls are now taking aim at the $48,000 resistance level as the next target. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were IoTeX (IOTX), WINk (WIN) and Dent (DENT). The Coinbase listing bump continues for IOTX IOTX continued its hot streak on Wednesday as the altcoins took the position as the top 24-hour gainer for the third day in a row. The gains appear to be connected to the Aug. …
According to a report by Coinshares, as of March 20, the weekly inflows into institutional crypto products has declined by about 59% when compared with the previous week. This suggests that institutional investors are taking a cautious approach after the recent bull run. However, that does not mean the institutional investors are dumping their holdings just yet. The report highlights that the total assets under management of crypto investment products hit a new high at $57 billion. While the crypto bull market is still intact, a report by Glassnode suggests it could be entering into its later stages. The on-chain …