Cryptocurrency funds from asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares recorded additional inflows worth $646 million globally last week, according to CoinShares’ latest report.Following net inflows of $862 million the previous week, year-to-date inflows have reached a record $13.8 billion, well above the previous annual record of $10.6 billion in 2021, just months into 2024.This marks a continued rebound for global cryptocurrency funds after seeing outflows worth around $1 billion during the week ended March 22. But there are also signs that the exchange-traded fund hype is easing, writes James Butterfill, head of research at CoinShares.“There…
Author: Crypto Flexs
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MATIC saw the daily market structure reverse to bearish. April could see a further 8% decline. Polygon (MATIC) saw the beginning of a downtrend on its sub-period chart in the second half of March. Bitcoin (BTC)’s recent stagnation and inability to rise above $70,000 has created short-term fears, leading to selling in the altcoin market. Technical analysis showed that further losses were likely, and the liquidation heatmap agreed. But higher term forecasts showed optimism could carry over into next months. Here’s how things could go: The structure is turning bearish. Should traders consider selling MATIC? Source: MATIC/USDT on TradingView The…
In a rebuttal to detractors of the Cardano network and native token, Charles Hoskinson announced that he will soon be releasing two significant upgrades designed to fundamentally strengthen the blockchain ecosystem. through name Created at X, Hoskinson paints a picture of a future full of promise for Cardano, emphasizing strategic readiness for scalability, governance, and innovation. The story surrounding Cardano’s pace of development and its place in the cryptocurrency ecosystem has once again faced scrutiny and skepticism. But Charles Hoskinson emerged with a message of resilience and strategic foresight. On April 7, amidst the criticism, Hoskinson asserted with a mixture…
Numerous advertisements from Ethereum blockchain explorer Etherscan were found to be part of a large-scale phishing attempt targeting Etherscan users directly. On April 8, X community member McBiblets identified some Etherscan ads as wallet drains and warned users that clicking on them would lead them to a phishing website. Subsequent investigation revealed that Etherscan’s phishing ads had also been replicated on several popular phishing websites. Following in the footsteps of McBiblets, web3 fraud prevention platform Scam Sniffer found that phishing ads went beyond Etherscan and appeared on major search engines such as Google, Bing and DuckDuckGo, as well as on…
Leading cryptocurrency exchange OKX has announced plans to list Tensor (TNSR) on its spot trading market. Listing will begin on April 8, 2024, with TNSR deposits opening in the morning and spot trading in the afternoon. Built on the Solana blockchain, the Tensor Protocol serves as a smart contract-based autonomous protocol, facilitating seamless connectivity between NFT marketplaces and users. Traders are advised to conduct independent research and assess risks before engaging in digital asset trading. OKX, a prominent cryptocurrency exchange, recently announced its decision to include Tensor (TNSR) in its spot trading market following an official announcement on April 8,…
join us telegram A channel to stay up to date on breaking news coverage A new class of meme coins centered around cultural values, including politics, lifestyle, and religion, could achieve greater growth this cycle than meme coins like Dogecoin and Shiba Inu. According to venture capitalist Andrew Kang, co-founder of Mechanism Capital, these new types of investments include: Cryptocurrencies are “inherently viral.” CEO Kang said, “Given that the power of the meme coin is directly related to the power of the community, Culture Coin has a special advantage in that the community becomes much stronger when members unite around…
Arete Capital, McKenna’s newly created investment firm, launched its first hybrid fund on April 1, targeting $20 million. McKenna is a well-known cryptocurrency and derivatives trader who most recently served as a researcher at ROK Capital. They created the fund with co-founder Ilya Paveliev, who has traditional investment management experience and was previously head of growth at blockchain infrastructure company Haruko. The founders told The Block that the fund has reached approximately $10 million in commitments by launch and expects to close the full amount over the next two months.Half of the funds will be allocated to venture investments and…
With the fourth Bitcoin halving just 12 days away, the community is buzzing with anticipation, speculating that Bitcoin could possibly break the significant $100,000 threshold. Joe Consorti of Theya Research has provided a comprehensive analysis that takes a closer look at the complexities of Bitcoin’s current market position and what could push Bitcoin’s value to new heights. This event, a cornerstone of Bitcoin’s design to halve the reward for mining a new block every four years, has historically sparked bullish momentum, and the current scenario appears to be consistent with past precedents. Importance of Bitcoin Integration Phase spouse’s analyze Titled…
Since the last C++ DEV update, a lot of things have happened in the engine room that are not visible to the outside. This post aims to provide an overview of what we are currently working on. Beyond the functionality aspect, as I’ve mentioned a few times over the last month or two, Bob is working on a proposed process for relicensing the C++ runtime client code to Apache 2.0. Expect more news on this soon. Eth unit test mode Not only is it essential to perform Solidity end-to-end testing via IPC, but Dimitry Khoklov and others have added several…
The dYdX community overwhelmingly approved a proposal to stake 20 million DYDX tokens on Stride to strengthen the security of the protocol as DEX activity increases. The decentralized exchange (DEX) ecosystem has seen a notable increase in trading activity, prompting the dYdX community to take strategic steps to strengthen platform security and integrity. In a recent governance vote, the community approved a proposal to stake 20 million DYDX tokens, the platform’s native cryptocurrency, through Stride, a liquid staking protocol. The decision was reached with an impressive majority vote, with 91.7% of the votes cast in favor of the staking initiative.…