Funding • May 30, 2024 1:42 AM EDT Posted 1 minute ago In ~ The U.S. spot Bitcoin exchange-traded fund (ETF) recorded net inflows totaling $28.32 million per day on Wednesday. The funds recorded inflows for the 12th consecutive day, the longest streak since the last week of February.The inflows were led by BlackRock’s IBIT, which saw inflows worth $24.5 million, according to IBIT. data From SoSoValue. Grayscale’s GBTC recorded net outflows of $31 million. This further widened the gap between IBIT and GBTC. The former surpassed its spot as the largest Bitcoin ETF by net assets under management on…
Author: Crypto Flexs
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AVAX is consolidating with prices between MA50 and MA200. Lacking strong momentum, it remains in the neutral zone, with support likely to drop lower as bearish pressure strengthens. Once again, Avalanche (AVAX) is in the doldrums due to price action. AVAX was little moved as the broader market faced a slight correction and Bitcoin and Ethereum lost some of their gains. There was a balanced order between the bulls and bears, with neither side having complete control. However, in the current trading activity, bears may slowly gain the upper hand. Analysis of current trading activity for AVAX/USDt chartWe observe that…
Bitcoin price continued its downward trend below the $68,000 level. BTC is now slowly falling towards the $66,250 support area in the near-term. Bitcoin extended its downward correction below $68,000. The price is trading below $68,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming at resistance $67,900. Unless the price closes above the $68,500 level, the pair could continue to fall. Bitcoin price falls further Bitcoin price extended its downward correction below the $69,000 level. BTC declines could push the price below the $68,000 support.…
Analysts expect the value of Dogwifhat (WIF), a meme coin with an adorable dog mascot, to soar to a whopping $6.7. Related Reading advertising Dogwifhat: Recent Performance Sparks Bullish Momentum WIF has defied the odds in recent weeks, leaving its competitors in a difficult position. In the last seven days alone, the price has surged nearly 20%, with an even more impressive 30% growth in the last month. This upward trajectory has sparked optimism within the cryptocurrency community, with many investors wagging their tails in hopes of further gains. Overcoming key barriers Renowned cryptocurrency analyst Alex Clay is not shy…
summaryWhen cryptocurrency users own their wallet’s private keys instead of entrusting them to an exchange, they manage their assets themselves. Security-conscious cryptocurrency users typically prefer self-custodial storage because it allows them to maintain full control of their funds without third-party involvement. Using a self-custodial wallet requires some technical know-how and trust in yourself. Because you become your own banker and security officer. The process of self-storing your cryptocurrency assets involves finding a trustworthy self-storage wallet provider and then transferring funds from a centralized exchange to this new wallet. The most important aspect of self-care is security! It is up to…
Galxe launches Gravity: Layer 1 blockchain designed for omnichain experience and full chain abstraction – Chainwire housenewsroomGalxe launches Gravity: Layer 1 blockchain designed for omnichain experience and full chain abstraction We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with 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…
The Securities and Exchange Commission suffered another blow in its anti-cryptocurrency campaign after a judge. Bespeak Regulators must pay $1.8 million after lawsuit against DEBT Box fails.Last year, the SEC charge Cryptocurrency mining company DEBT Box “lied to investors” with a “fraudulent scheme” to raise $50 million in Bitcoin and Ethereum. Yesterday, Utah District Court Judge Robert Shelby ruled the case was foolish and that regulators must shell out cash to cover legal costs. The verdict came after the judge. said It said in March that the SEC’s actions were “an abuse of authority delegated by Congress.”Miguel Francis-Santiago, DEBT Box’s…
Posted 1 minute ago In ~ Ethereum co-founder Vitalik Buterin appears to have donated 30 ETH ($111,000) to Tornado Cash developer Alexey Pertsev’s legal defense fund through decentralized fundraising platform Juicebox, according to on-chain data.The transaction was made to Juicebox’s “Free Alexey & Roman” legal fund at 1:58 a.m. EST from an address associated with Buterin called Vitalik.eth. The fund has so far raised 591 ETH ($2.2 million) to provide legal help to the developers of Tornado Cash, a cryptocurrency mixer accused of money laundering. This month, a Dutch court sentenced Alexey Pertsev to 64 months in prison for processing…
Davido launched a celebrity meme coin. The token was launched via Pump.fun. The singer sold tokens millions of hours after launch, triggering a sharp price drop. American-born Nigerian singer Davido cashed out massive profits from newly created memecoin DAVIDO just hours after the token was launched on Wednesday. According to Lookonchain, Davido created the token on May 29 using Pump.fun, a popular memecoin launchpad. The singer received 7.5 SOL ($1,275) as start-up capital and used 7 SOL ($1,190) to purchase 203 million DAVIDO (20.3% of total supply). MASSIVE DAVIDO DUMP TIME AFTER RELEASE Eleven hours after creating the memecoin and…
Dogecoin revised gains and tested the $0.1620 area against the US dollar. DOGE is now forming a base and could start a new hike above $0.1680. DOGE price rejected and tested major support at $0.1620. The price is trading below the $0.1650 level and the 100-hour simple moving average. On the hourly chart of the DOGE/USD pair, there is a major bearish trendline forming at resistance $0.1685 (data source from Kraken). The price should stabilize above $0.170 to move into positive territory and start a new surge. Dogecoin price maintains support After a steady rise, Dogecoin price faced resistance near…