Bitcoin (BTC) rose 2.5% to $69,400 on June 3, raising hopes of regaining the $69,000 support level for the first time in 11 days. This positive price movement coincided with Bitcoin futures premiums surging to their highest level in seven weeks. But what does this mean about the sustainability of Bitcoin’s rise towards $70,000?GameStop Mania and Federal Reserve Rate Cut Odds LowerSome analysts believe Bitcoin’s recent price rally was partially influenced by GameStop’s (GME) impressive 36% rally. This surge in GameStop stock brought back memories of the anti-traditional financial sentiment of 2021, when retail investors banded together to challenge the…
Author: Crypto Flexs
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According to data from June 3, a company with eight wallets created in 2013 moved 200 BTC worth $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of this Bitcoin would have increased by 197,785% since the acquisition. Spend 200 Bitcoin and your previous transactions since 2013 will be revealed on Monday (…)
$AFK Token Presale Launch: First GameFi and GambleFi Token Presale on TON – Chainwire housenewsroom$AFK Token Presale Launch: First GameFi and GambleFi token presale on TON We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the…
Global digital asset investment products recorded four consecutive weeks of inflows, totaling $185 million, according to CoinShares’ weekly report.The report said these inflows brought May’s total to $2 billion, bringing cumulative inflows this year to more than $15 billion for the first time. However, trading volume decreased from $13 billion the previous week to $8 billion.Bitcoin leads the USInvestor interest in BTC is generally positive as Bitcoin continues to lead the flow of cryptocurrency investment products. Over the past week, the flagship digital asset has recorded total inflows of $148 million, while short BTC products have seen outflows of $3.5…
People • June 3, 2024, 5:07 PM EDT Posted 1 minute ago In ~ Michael Novogratz’s Galaxy Digital announced that it has tokenized the over 300-year-old Stradivarius violin owned by Yat Siu, co-founder of Animoca Brands. Perhaps the most high-profile tokenization on record.The violin, made in 1708 and valued at about $9 million, previously belonged to Catherine the Great of Russia, according to the statement.According to Galaxy Digital, “The tokenization of this iconic instrument, known for its unrivaled craftsmanship and historic provenance, represents a significant advance in applying blockchain technology to unlock the value of unique real-world assets.” “I do,”…
Notcoin (NOT) price has risen more than 300% over the past week, reaching an all-time high. Can NOT tokens continue their parabolic rise due to social hype?Notcoin rose 320% in one week, breaking an all-time high.Notcoin’s price rose more than 323% over the past week, hitting an all-time high of $0.02896 on June 2, according to TradingView data.NOT/USDT, 1-week chart. Source: TradingViewNotcoin, a play-to-earn game and token integrated into a Telegram mini-app, has attracted over 30 million users on Telegram in less than two months, introducing a new wave of mainstream adopters to the cryptocurrency space.Notcoin was listed and traded…
Don’t miss out on the Meme token you need this bull market – pre-sale is now live The world of meme coins has seen explosive growth, with top players like Shiba Inu (SHIB), Dogecoin (DOGE), and Bonk (BONK) capturing the imagination of millions. Here comes ORACLE MEME Coin (OMEME), ready to revolutionize the meme coin landscape and deliver unparalleled returns on investment. As we get closer to the 2024 bull market, this is an essential token you can’t miss. ORACLE MEME Coin is more than just a digital asset. It’s a game-changer for the meme industry. The project is built…
AMA Overview The SSV Labs team recently held a comprehensive Ask Me Anything (AMA) session featuring participants from the ssv.network DAO, SSV Foundation, and SSV Labs. The session aimed to shed light on the Foundation’s role, goals and collaboration with the DAO. According to ssv.network, the AMA covered essential updates and operational changes that impact the community. Insights from AMA One of the AMA’s main goals was to clarify the SSV Foundation’s plans and how they will interact with the SSV DAO. The session highlighted the foundation’s responsibility to link decentralized decision-making with real-world implementation.…
According to CoinShares’ latest “Digital Asset Fund Flows” report released on June 3, digital asset funds have recorded inflows for the fourth week in a row.According to the report, digital asset funds had weekly inflows of $185 million in the last week of May, with monthly inflows totaling $2 billion, bringing capital inflows to over $15 billion so far this year.The largest share of weekly inflows came from the United States, accounting for $130 million of last week’s inflows. The report also found that existing issuer outflows in the US amounted to $260 million.Weekly inflows were led by Bitcoin (BTC),…
Decentralization, n. The security assumption that a nineteen year old in Hangzhou and someone who is maybe in the UK, and maybe not, have not yet decided to collude with each other. There has been a large amount of ruckus in the past week about the issue of mining centralization in the Bitcoin network. We saw a single mining pool, GHash.io, amass over 45% hashpower for many hours, and at one point even grow to become 51% of the entire network. The entire front page of the Bitcoin reddit was ablaze in intense discussion and a rare clash of complacency…