Markets • May 28, 2024, 8:21 AM EDT Posted 1 minute ago In ~ Even though it is May, the inflow of digital asset investment products continued for three consecutive weeks, with the cumulative inflow reaching an all-time high of $14.9 billion.CoinShares noted in its latest weekly report that most inflows were into Bitcoin exchange-traded products. Last week, $1.01 billion flowed into these ETPs. “Despite recent price gains, the overall sentiment is turning positive,” the data suggests, according to CoinShares. “This is likely due to investors’ slightly dovish interpretation of the FOMC minutes and recent macro data.”Ethereum ETH -0.28% Meanwhile,…
Author: Crypto Flexs
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Notcoin (NOT), a Telegram-based “social clicker” game, has experienced significant growth and community support in recent days. The NOT token, the core of the Notcoin ecosystem, has surged more than 50% since the launch of “Mission Acquisition,” which allows players to passively earn token rewards by completing quests and participating in partner projects. TLDR The Notcoin (NOT) token has soared more than 50% since the launch of “Mission Acquisition,” which enables passive token rewards. NOT’s market cap is nearly $1 billion, making it one of the top 100 cryptocurrencies by market capitalization. Notcoin aims to evolve into a launchpad for…
Disclosure: This article does not represent investment advice. The content and materials contained on this page are for educational purposes only. Bitwise, Grayscale and BlackRock update Ethereum ETF applications, investors flock to Borroe Finance for new web3 approach As speculation about the approval of a spot Ethereum exchange-traded fund (ETF) takes center stage in cryptocurrency news, major asset managers Bitwise, Grayscale, and BlackRock have filed updated filings with the U.S. Securities and Exchange Commission (SEC). On the other hand, Borroe Finance (ROE) is seeing investor inflow as it has established itself as a major player in the Web3 sector, presenting…
Approximately $80,000 worth of Bitcoin (BTC) was lost due to a potential exploit of the BNB chain involving multiple suspicious transactions.Although $80,000 is a small amount compared to a typical cryptocurrency exploit, it raises questions about the attacker’s intentions.It is not yet known which token contract was exploited, but according to on-chain security company Cyvers, the attackers could be white hackers or ethical hackers who use their skills to find security vulnerabilities. In a May 28 X post, the company wrote:“The total loss is approximately $80 million. The attackers appear to have received funds through TornadoCash and also interacted with…
The price of FLOKI surged 14% as the announcement of the private beta launch of the Floki cross-chain trading bot seemingly sparked investor excitement. The price of FLOKI surged 14% on May 28 after the project’s X account announced the private beta launch of Telegram’s Floki trading bot, which supports multiple blockchain networks. In the Announcement: Floki Trading Robot Private Beta Mainnet Launch FLOKI Trading Robot Private Beta Mainnet LaunchWe are excited to announce the private beta launch of the Floki trading bot on the Ethereum, BNB and Base blockchain mainnets!The beta is currently open to the first 150 users…
Bitfinex Lists VELAR, Velar’s Native Token Road Town, British Virgin Islands – May 28, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced that it will list VELAR, the native token of Velar, a multi-functional DeFi liquidity protocol using Bitcoin. I did. Finality, according to media reports. Velar is a DeFi liquidity protocol that leverages the robustness of Bitcoin through a layer 2 agnostic approach. It runs on the Stacks blockchain and uses the Clarity smart contract language. Velar allows users to launch and trade tokens on the Bitcoin blockchain and earn…
“The best way to predict the future is to invent it.” Alan Kay January 3rd 2009 marked the beginning of a new era. The invention of the blockchain is a milestone in technology — the string of characters 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 being just one of the side effects triggered by it. Thanks to you and this technology, more than thirty one thousand bitcoins will go towards spawning an entire new digital realm. The unfettered peer to peer world wide digital finance grid is building itself out. You make this possible. More than 5000 years ago, the earliest economic systems were introduced in Mesopotamia,…
FTX Real Estate sells $2.6 billion worth of Solana tokens. Figure Markets purchases 800,000 SOL tokens for $80 million. Solana prices fell 4% to $169 after the sale. FTX, once one of the largest cryptocurrency exchanges, is experiencing liquidations, most notably its massive Solana holdings. The exchange was a major early backer of Solana and has monetized billions of dollars worth of SOL. Most recently, FTX sold its last SOL tokens at a steep discount, with companies like Figure Markets and Pantera Capital purchasing large quantities of the token. FTX Estate’s Solana Token Sale DiscountFTX Real Estate recently completed a…
Many cryptocurrency enthusiasts expected spot Ethereum ETF trading to follow immediately upon launch, just like the Bitcoin ETF. Digital currency investors in the United States may not have to wait long for the newly approved spot Ethereum ETF product to start trading. The broader cryptocurrency industry has been talking about a possible S-1 approval for these products, with many experts weighing in on the matter and predicting a potential timeline for approval by the Securities and Exchange Commission (SEC). Spot Ethereum ETF launch expected on July 4th ETF Prime podcast host Nate Geraci speculated that approval could come in the…
Bitcoin (BTC) hit a four-day low after Wall Street opened on May 28 after holiday BTC price action faked strength.BTC/USD 1-hour chart. Source: TradingViewBitcoin is shaken by Mt.Gox fund movements.BTC/USD is hovering below $68,000 after soaring to weekly highs, according to data from Cointelegraph Markets Pro and TradingView.The $70,600 mark reached over the Memorial Day holiday in the United States was achieved without any agency intervention. For example, this was in the form of demand for spot Bitcoin exchange-traded funds (ETFs).Despite rapidly gaining momentum, Bitcoin’s recent rally could not last long before the market reversed all of its progress.This volatility…