Funding • April 17, 2024 1:37 AM EDT Posted 1 minute ago In ~ The U.S. spot Bitcoin exchange-traded fund recorded net outflows for three days in a row. Yesterday, there was just over $58 million of product remaining, reducing the cumulative total net inflows to approximately $12.43 billion.Grayscale’s Bitcoin trust conversion GBTC accounted for the majority of net outflows as usual. Approximately $79.4 million was withdrawn from ETFs yesterday, according to the data. From SoSoValue. 21 weeks of the ark Bitcoin BTC +1.67% There was also a net outflow from the ETF, with approximately $12.88 million leaving the fund.While…
Author: Crypto Flexs
Hong Kong further solidified its status as a cryptocurrency hub on April 15, reporting that several issuers had approved applications for spot Bitcoin and Ethereum exchange-traded funds (ETFs). However, Hong Kong’s main financial regulator, the Securities and Futures Commission (SFC), has yet to issue an official statement on the situation. The SFC did not respond. CryptoSlate’s A request for comment was reached at press time. Bitcoin ETF Spot One of the issuers, China Asset Management, said its Hong Kong entity has received regulatory approval to provide virtual asset management services, paving the way for its Spot Bitcoin and Ethereum products.…
Bitcoin price is consolidating below the $65,000 resistance zone. BTC would need to break above $65,000 and $67,000 to move back into bullish territory. Bitcoin is struggling to gain speed above the $65,000 resistance zone. The price is trading below $65,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above a bearish trend line connecting with resistance at $63,000. A break above the $67,000 resistance area could provide bullish momentum. Bitcoin price rise reverses Bitcoin price failed to break the $67,000 resistance zone. BTC began another downtrend,…
brahma console A storage and DeFi execution environment built as follows: safe Used as a custody rail, it enables granular access control through transaction policies and roles, as well as automated execution. Brahma leveraged the Ackee Blockchain to perform a security review of commit 3578883 of the Brahma protocol with total time donations. 8 engineering days in the period between September 25th and October 5, 2023. methodology We began our review using a static analysis tool called Woke. We then took a closer look at the logic of the contract. Used Woke testing framework for testing and fuzzing. We prepared…
The X layer is a zero-knowledge (ZK), EVM-compatible layer 2 network. Powered by Polygon CDK, L2 is live and integrated with over 200 dApps across DeFi, wallets, NFTs, and gaming. OKX, one of the world’s largest cryptocurrency exchanges, has launched the public mainnet of its EVM-compatible layer 2 network “X Layer”. Haider Rafique, OKX’s chief marketing officer, announced the launch in a blog post on Tuesday. According to OKX officials, CDK (Polygon Chain Development Kit)-based L2 is integrated with more than 200 decentralized applications (dApps) mounted during the X Layer testnet. The X layer integrates over 200 dApps. X Layer…
I am trying to understand what script size am. Looking at this transaction, would the scriptsigsize of the first input be “fdf501”? When converted to decimal, the number is too large to be scriptsigsize. It means something different, right? https://mempool.space/tx/76f268719c41dd5ccf693e84cd0c05cfb6b360fe3158f3311712eb6118c00d7a When I throw this into a Transaction Splitter, the output is: “version”: “01000000”, “input count”: “07”, “input”: ( “txid”: “ece6b5e31d3cd1b9c06f1f270175a5d9106a61bcea2afa9954f02ff6701fd29f”, “vout”: “06000000”, “scriptsig size “: “fdf501”, “scriptsig ” : “”, “sequence”: “ffffffff” , “txid”: “59c1369f7288c02265c33f0e38d5cdd233cc565d03c47be87da69bc0fb014f05”, “vout”: “11000000”, “scriptsigsize”: “fdf301”, “scripts ig “: “”, “order”: ” ffffffff” , “txid”: “cd861e3e1c3fc043346d14f162fe184b3dbb1f5f40ef4b72c965915e00aed687”, “vout”: “12000000”, “scriptsigsize”: “fdf401”, “scriptsig”: “”, : “ffff ffff” , “txid”:…
According to research firm Kaiko, the South Korean won surpassed the U.S. dollar to become the most used currency in cryptocurrency trading in the first quarter of 2024. During the period, the cumulative Korean won trading volume on centralized cryptocurrency exchanges recorded $456 billion, and the US dollar recorded $445 billion. data showed it“The Korean won surpassed the U.S. dollar based on cumulative trade volume in the first quarter of 2024,” Kaiko said in a data report.South Korea has one of the most active cryptocurrency markets in the world. During the March cryptocurrency bull market, domestic cryptocurrency trading volume briefly…
Last month marked the 2 year anniversary of Ethereum’s public announcement at The North American Bitcoin Conference in Miami, Florida, USA. Amid much rumour and excitement, a sizeable crowd mobbed the young Vitalik Buterin after his on-stage announcement, questioning the merit and his desire to build such a system. It can be hard to truly appreciate how far we’ve come in the last couple years. Sometimes it feels as if the cryptoeconomic sphere moves at such a blistering speed that weekly news announcements have become the norm rather than the exception. Interest in the field has exploded for lots of…
Cryptocurrency analyst Crypto Egrag Provided an update on his recent analysis, he said that significant price drop. After calling it correctly, Egrag has now predicted what the next move for the crypto token will be. XRP price could rise to $22. Egrag mentioned on X (formerly Twitter) post XRP’s next move “could be between 1000% and 3000%.” He acknowledged the following: current market situation It might make it hard for anyone to imagine seeing XRP make such a move. However, he added that according to the chart, XRP will rise between $10 and $22. historical movement It will be repeated…
Bitcoin is approaching another important milestone: its scheduled halving event. This is to programmatically reduce the rewards miners receive for confirming transactions. Halvings are historically pivotal events that have impacted the value of Bitcoin and the broader cryptocurrency market. Meeting growing demand through increased scarcity Halvings occur approximately every four years and are part of Bitcoin’s unique monetary policy. It mimics the scarcity and value preservation of precious metals such as gold. “Over the past various cycles, demand for Bitcoin has become increasingly higher while supply has remained the same. So from a macroeconomic perspective, more demand and equal supply…