U.S. spot Bitcoin exchange-traded funds (ETFs) posted positive inflows for the fourth straight day on Wednesday, recording a net inflow of $147.37 million.According to data from SoSoValue, Fidelity’s FBTC led inflows on Wednesday with $57.79 million. It was followed by Franklin Templeton’s spot Bitcoin fund, which attracted $31.66 million, the largest fund inflow since early May. BlackRock’s IBIT, the largest spot Bitcoin fund by net asset value, reported net inflows of $22.24 million yesterday, while Valkyrie’s BRRR recorded net inflows of $20.68 million.Invesco and Galaxy Digital’s BTCO also reported inflows of about $9.5 million, while funds from Ark Invest, 21Shares,…
Author: Crypto Flexs
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According to eosnetwork.com, Yves La Rose, Executive Director and Founder of the EOS Network Foundation (ENF), recently provided an update on the development of Spring 1.0. La Rose is known for his dedication and leadership within the EOS ecosystem, and is constantly working to ensure the success of the network. The Journey of Eve La Rose La Rose’s interest in technology began at a young age, building her first computer and writing her first programs at the age of seven. After studying psychology at the University of Ottawa, she moved to Japan to pursue a…
Two soccer stars have joined the Solana Memecoin support frenzy. Argentine footballer Messi recently endorsed Solana-based Watercoin. The celebrity meme coin cycle has been criticized within the industry. The celebrity memecoin trend is picking up speed once again after a brief lull. This time, it has spread from the ordinary social media influencers to the world of football, with one of the biggest football stars, Lionel Messi, endorsing the Solana-based memecoin Watercoin (WATER). But the addition of an Inter Miami player to the cycle has raised eyebrows across the community, sparking new speculation and concerns. Solana Memecoin Water, Messi’s Boost…
Bitcoin is at a “critical juncture” as several on-chain metrics signal further declines, and whales are experiencing their fastest Bitcoin accumulation rate in a year, according to a new CryptoQuant report.Bitcoin (BTC) has been in a downtrend since breaking out of its new all-time high in March. Bitcoin’s price action over the past month has been characterized by a series of lower highs and lower lows, reaching a two-month low of $53,500 on July 5.Despite the bounce above $57,000, there are concerns about further losses in BTC due to the German government’s continued Bitcoin sell-off and the Mt. Gox redemption.The…
People • July 10, 2024 9:07 PM EDT Posted 1 minute earlier In ~ Former US President Donald Trump announce As one of the speakers at the Bitcoin 2024 conference in Nashville, Tennessee. One of the largest Bitcoin conferences in the world, the event runs from July 25th to 27th.Over the past few months, leading Republican presidential candidates have expressed strong support for the cryptocurrency and blockchain industries. last month, Trump said At an event at Mar-a-Lago, Trump said he would advocate for Bitcoin mining if he were president. In May, Trump began accepting political donations in cryptocurrency. His advocacy…
A prominent cryptocurrency trader is predicting a massive rally for modular blockchain network Celestia (TIA). Anonymous trader Criptopaul told his 109,000 followers on social media platform X that TIA could surge to $24, up more than 231% from its current value. “I have accumulated a lot of TIA here after the previous big hype caused by the novel in the early stages, expecting a significant drop from the past ATH (Ath). I think it is a good buying opportunity. If we see $5 again here, I will accumulate more. However, modular blockchain will continue to exist because of innovation, and…
Popular cryptocurrency exchange BitMEX has announced that users will be able to trade SOLUSD perpetual swaps with up to 100x leverage starting July 10, 2024. This new offer gives traders the opportunity to significantly increase their positions on the Solana (SOL) to USD (SOLUSD) trading pair, which can lead to higher returns, but also increases risk.Trading Opportunities and RisksBy introducing 100x leverage on SOLUSD perpetual swaps, BitMEX is targeting traders who want to maximize their exposure to Solana’s price movements. Leveraged trading allows users to borrow funds to increase their trading positions, which can lead…
According to on-chain data from Glassnode, Bitcoin (BTC) is experiencing its “most severe drop” in 24 months, with short-term holders (STH) suffering unrealized losses. According to data from Cointelegraph Markets Pro and TradingView, in the recent downtrend, Bitcoin price fell more than 16.5% from its July 1 high of $63,801 to hit a swing low of $63,499 on July 5, which Glassnode describes as “the largest correction since late 2022.””Between May and July, the market experienced its deepest cyclical correction, recording a decline of more than -26% from ATH.”Bitcoin Price Performance. Source: GlassnodeDespite this slowdown, Glassnode’s The Week On-chain report…
Water Cryptocurrency Tokens Pumped After Soccer Star’s ‘Endorsement’ Some people are skeptical about Mimecoin despite its impressive rally over the past few days. that much Solana (SUN) $WATER cryptocurrency-based Mimecoin has received huge promotional support from two football legends, Lionel Messi and Ronaldo Gaucho. Messi promoted a water-themed meme coin on his Instagram story on July 8. Market expert Alex Kruger responded to Messi’s promotion, calling it ‘Wild.’ ‘Messi is selling Solana Memecoin right now. Through Instagram stories. This is crazy.’ On July 9th, another soccer star, Ronaldinho Gaucho, joined Messi in promoting $WATER on his Instagram story. Ronaldinho’s promotion…
BitMEX, a cryptocurrency exchange and derivatives trading platform, pleaded guilty Wednesday to violating the Bank Secrecy Act and willfully failing to establish, implement, and maintain an adequate anti-money laundering program, according to a statement from the U.S. Attorney for the Southern District of New York. “As BitMEX’s founders and longtime employees admitted in federal court in 2022, from 2015 through 2020, the company that was one of the world’s leading cryptocurrency derivatives platforms operated in the United States without a meaningful anti-money laundering (AML) program as required by federal law,” said Damien Williams, U.S. Attorney for the Southern District of…