BlackRock’s iShares Bitcoin Trust (IBIT) surpassed $50 billion in assets under management, reaching the milestone in just 228 days. This is more than 5 times faster than any other ETF in history. For perspective, the previous record holder, BlackRock’s iShares Core MSCI EAFE ETF (IEFA), took 1,329 days to reach the same threshold. according to To Bloomberg Senior ETF Analyst Eric Balchunas.IBIT’s rapid growth coincides with a historic year. bitcoin (BTC). The world’s largest cryptocurrency has broken cryptocurrencies. $100,000 barrier It closed at $103,000 for the first time on Wednesday after rising more than 140% in 2024.IBIT’s performance signals growing…
Author: Crypto Flexs
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XRP (XRP) fell 13% in the last 24 hours, trading at $2.30 on December 5, and is going in the opposite direction of Bitcoin (BTC), which finally broke the $100,000 mark. The decline is part of a correction that began on December 3, which saw the price of XRP lose 25% of its value after reaching a multi-year high of $2.90. XRP/USD daily chart. Source: Cointelegraph/TradingViewDue to this decline, XRP’s market capitalization fell 8% to $133 billion over the same period, falling behind Tether USD (USDt) in fourth place.Let’s take a closer look at the factors behind XRP’s continued selloff.XRP…
Dubai, UAE, December 5, 2024, Chainwire Aria Coinan alien-inspired token, has experienced a notable 3000% increase in value. Beyond a token, Aria Coin is positioning itself as a movement reshaping the meme coin market through its interstellar vision and community-driven mission. Aria Coin has revealed its plans to literally reach the moon. Cooperate with advanced technologies to send special packages to the lunar surface by 2025. Following the motto “Unlock Aria’s Wealth”, this token aspires to deliver more than just profit. Experience with the community. through Aria mini applicationUsers will have the opportunity to earn tokens, participate in exclusive sweepstakes,…
Bitfinex releases version 1.107 with new updates and bug fixes to improve user experience on its trading platform. (Read more)
Telcoin aims to become the first regulated cryptocurrency bank and stablecoin issuer. Telcoin’s Digital Asset Depository Charter hearing is scheduled for December 5, 2024. Telcoin Bank charter approval is expected in early 2025 following a hearing. Telcoin, Inc. is set to hold a pivotal hearing on its application to become the first regulated digital asset bank in the United States. The hearing, scheduled for December 5, 2024, will be an important step in the company’s efforts to secure a digital asset depository charter under the Nebraska Financial Innovation Act (LB 1074, 2024). The public hearing is scheduled for 9 a.m.…
London, UK, December 5, 2024, Chainwire With 10 days left until its official listing, Pepe Unchained continues to gain attention for its Layer 2 technology designed to improve scalability and transaction speeds. At the same time, Pepeto is building momentum with a utility-centric approach that offers cross-chain bridging, fee-free exchange, and staking capabilities. As both projects progress, Pepeto is focused on solving broader problems in the memecoin space, positioning itself as a key contender ahead of the 2025 bull market. PEPETO: Signal of website upgrade towards utility launch As part of its ongoing roadmap implementation, Pepeto has unveiled a major…
Jessie A. Ellis December 4, 2024 22:09 Uniswap (UNI) Labs has partnered with Fireblocks to enable financial firms to leverage DeFi through Uniswap’s trading API to provide high liquidity and competitive pricing. Uniswap (UNI) Labs announced a strategic partnership with Fireblocks in a significant move to expand the reach of decentralized finance (DeFi) to institutional investors. According to Uniswap Protocol, the goal of this collaboration is to provide asset managers, hedge funds and other financial institutions with direct access to the deep liquidity and competitive pricing of the Uniswap Protocol through the Fireblocks platform.…
An analyst known as the ‘master trader’ of cryptocurrency exchange Bybit believes that altcoins running on the Ethereum (ETH) network are ready to take center stage. Pseudonymous analyst Bluntz told his 301,800 followers on social media platform Bluntz uses Elliott Wave theory, a technical analysis approach that states that bullish assets often witness five-wave rallies. Blunts says: “There was a big breakout in LINK today. All you have to do is take a look at LINK/BTC before realizing that it’s probably not too late and it’s still too early. It has underperformed pretty much everything throughout the bull market and…
Long-collapsed cryptocurrency exchange Mt. Gox transferred more than 24,000 bitcoins worth about $2.47 billion to an unknown address on December 5 after the cryptocurrency reached the $100,000 milestone. I moved it.According to Arkham Intelligence data, the exchange moved 24,051 Bitcoin (BTC) to an unknown address starting with “1N7j” at 2:45 a.m. UTC on December 5 in its first transfer since November 12.Mt. Gox’s move came just 12 minutes after Bitcoin surpassed $100,000 and less than 30 minutes before Bitcoin hit a high of $104,000 on Coinbase at 3:08 a.m. UTC, according to TradingView.After going bankrupt in early 2014, Mt. It…
lawrence jenga December 4, 2024 22:42 Medium is partnering with Speechify to introduce an audio feature that allows members to listen to stories, making content more accessible and offering new ways to consume articles. According to Speechify, Medium has partnered with Speechify to introduce an innovative feature that allows users to listen to articles. The collaboration aims to provide a new dimension to consuming stories on the platform by improving content accessibility. Audio accessibility for midsize members Medium members can now listen to articles read aloud by a narrator of their choice using the…