June 3 Bitfinex Alpha | BTC enters accumulation period Post time: 13:23h On Bitfinex Alpha Maria Lobusova subscribeTo Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? subscribe After Bitcoin hit an all-time high of $73,666 in March, long-term holders (LTHs) sold significant amounts of BTC, increasing supply and leading to a period of price correction and consolidation. It appears that we are now nearing the end of this revision phase. Over the past two weeks, Bitcoin ETFs have seen a resurgence in demand, recording net inflows of $136 million per day, more than four times the daily selling…
Author: Crypto Flexs
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Bitcoin (BTC) has entered an accumulation phase after significant price correction and consolidation, according to Bitfinex Alpha. After reaching a new all-time high of $73,666 in March, long-term holders (LTHs) offloaded significant amounts of BTC, increasing supply and resulting in a price correction. Market Dynamics and Bitcoin ETFs Demand for Bitcoin ETFs has grown again in recent weeks, with net inflows averaging $136 million per day, well above the $32 million daily selling pressure from miners following the halving. Exchange holdings of Bitcoin are decreasing while new accumulation addresses are increasing. LTH, which had previously…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportGameStop stock price Monday pre-market trading surges After the return of Roaring Kitty, the bull trader, on Sunday night. And while price momentum has cooled since trading began, the hype has led to a significant surge in the price of the unofficial GME meme coin. Solana.GME tokens are 150% increase in the last 24 hours alone, the current price has surged to around $0.01 as of this writing. It jumped…
Company • June 3, 2024 12:30 PM EDT Posted 1 minute ago In ~ Gryphon Digital Mining announced its inclusion in the Russell Microcap Index, effective July 1.The 100% renewable cryptocurrency mining company said the move would enable growth and improve its visibility and attractiveness to institutional investors and funds.“Our inclusion in the Russell Microcap Index highlights the rapid progress we believe Gryphon has made in the capital markets, which includes continuing to achieve high operating efficiencies and maintaining lower-than-average mining costs while running our Bitcoin mining operations. “It reflects our commitment to expansion.” Gryphon CEO Rob Chang said:The company,…
Guy Turner, host of the Coin Bureau channel, is providing price predictions for Solana (SOL) competitor Sui (SUI). Turner told the Coin Bureau YouTube channel’s 2.48 million subscribers that Sui has “serious potential” for the long term. As for the reasons for his optimistic thesis, the Coin Bureau host says: “(Sui) meets the criteria for a cryptocurrency that retail can emulate. The low price creates the illusion that you can make a big profit. It has a lower market capitalization than most large cryptocurrencies, so it takes less money to move its price. And it’s listed on all major exchanges…
TLDR Keith Gill, known as “Roaring Kitty” and “DeepFuckingValue,” disclosed a position worth approximately $175 million in GameStop (GME) stock. Gill posted a screenshot on Reddit showing that he owns 5 million GME shares and 120,000 call options expiring on June 21. GameStop shares surged as much as 75% in Monday morning trading following Gill’s post. Gill’s return to social media in May also sparked a rise in GameStop stock, with the company raising more than $900 million from stock sales. X and individual investor Keith Gill, known as ‘Roaring Kitty’ on YouTube and ‘DeepFuckingValue’ on Reddit, have once again…
Binance announced the implementation of new Market for Crypto Assets (MiCA) stablecoin rules across the European Economic Area (EEA), scheduled to take effect on June 30, 2024. This is an important step in the new regulatory framework that will impact the stablecoin market in the region. Compliance with MiCA stablecoin rules MiCA regulations require stablecoins to be issued and made available to the public only by regulated entities, designating them as “regulated stablecoins.” Many existing stablecoins may not meet these criteria and will be classified as “unpermitted stablecoins” and will subsequently face certain restrictions. Binance…
So, I posted a valid claim that Bitcoin is a scam, explained why, my question is closed, and Murch intends to do the following: "code of conduct" nonsense. When a moderator closes your post and cites the code of conduct, it means they don’t want to discuss my comment or question. Why is that merch? Are you afraid of the truth? When I comment on Murch’s own actions I get more nonsense about how my claims have been disproved because it was shut down! Really Much, I was proven wrong because you closed the door. Those very words make you…
It turns out that Hong Kong cryptocurrency exchange licenses are costing applicants millions of dollars. This is significantly less than the $25 million seen a year ago. Livio Wang, HashKey Group’s chief operating officer, told the Financial Times that cryptocurrency exchange licenses would be “not necessarily tens of millions of dollars, but certainly tens of millions of Hong Kong dollars (millions of US dollars).” ” He explained, “The costs for the preparation stage of permit review materials are different from the operation stage.” He further said: “In the case of Hashikiki, which is already in operation, the investment in the…
Bitcoin Cryptocurrency assets rose, kicking off the week with $69,000 recovered. Overall during the European morning. At the time of this writing, the price of BTC is around $69,200, up about 2.5% in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), rose 1.4%. Dogecoin led the gains, trading just over 3% higher after GME rose about 80% in pre-market trading after influential retail investor Keith Gill disclosed a $180 million position in Gamestop. Meme stock surges are often considered a bullish indicator for Meme coins like DOGE. The Solana-based GME meme…