The first quarter is over. This is more important than you think!At the end of the first quarter of 2024, large asset management companies will rebalance their portfolios by shedding underperforming assets and reinvesting in winners.Earlier this year, these asset managers will begin doing something they have never been able to do before: buy Bitcoin through Spot Bitcoin ETFs.From January of this year, Bitcoin is up over 55%!So what will these asset managers be buying more of?And while these large asset managers will be buying more Bitcoin, so will China.sourceMeanwhile in China…China is also chasing Bitcoin. In the second quarter…
Author: Crypto Flexs
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Welcome to the latest edition of Cryptie, which has us abuzz with excitement during a month in which Bitcoin and other cryptocurrencies hit record highs. This issue includes the latest updates from the cryptocurrency industry, including an in-depth analysis of the factors driving record-breaking price surges, insightful analysis of the rapidly evolving cryptocurrency payments landscape, and the latest developments in BitPay. Let’s take a look at this month’s highlights.On this issue: Bitcoin (BTC) has reached a new all-time high.The price of Bitcoin has hit all-time highs several times over the past week, peaking at $73,750.77 on March 14 before falling…
Demand for access to cryptocurrency trading accounts has grown alongside the rise of Bitcoin (BTC), up 57% this year, while the CoinDesk 20 Index, which measures the broader cryptocurrency market, is up 49%. Citing data from the Securities and Exchange Commission (SEC), Bloomberg News reported that the number of domestic active accounts last month reached the highest level since September 2022.
In the dynamic world of cryptocurrency, BlockDAG is quickly becoming a new focus, having already secured nearly $11.4 million in the pre-sale phase, outpacing Polkadot’s price surge growth and KangaMoon’s notable pre-sale performance. Built on BlockDAG’s mobile mining technology and promise of lucrative returns, this groundbreaking leap sets a new direction for the cryptocurrency market and heralds an era of innovation. KangaMoon’s pre-sale interest KangaMoon’s ongoing pre-sale has successfully raised $3.2 million, indicating solid demand from investors. The platform combines play-to-earn gaming with social elements to create a rewarding environment for competitive players. With pre-sale momentum and the 10% bonus…
Posted 1 minute ago In ~ Last month, more than 30 cryptocurrency hacks occurred, a decrease from the previous month.More than $187 million was reportedly lost due to cryptocurrency hacks in March, with nearly $99 million recovered. infographic It is a product of blockchain security company PeckShield. “This represents a decrease of approximately 48% compared to February 2024,” it noted.One of the most high-profile hacks last month was that of Blast-based gaming platform Munchables, which saw $62 million in Ethereum returned to its multisig wallet after an exploit.Another significant attack occurred in the Curio ecosystem, a project that aims to…
Key Takeaways DOGE broke above $0.20 after this week’s rally. DOGE, the native coin of the Dogecoin ecosystem, was the best performer among the top 10 cryptocurrencies by market capitalization this week. Memecoin has risen 28% over the past few days, outperforming other major cryptocurrencies. At the time of reporting, Dogecoin price DOGE crossed this threshold for the first time since December 2021, hitting $0.2093. If Dogecoin rallies, other memecoins may follow suit. Shiba Inu and Pepe have both posted significant gains in recent days, and others may see even higher gains. What are Bitcoin Dogs? bitcoin dog It is…
A closely watched cryptocurrency analyst said a record high of new capital has flowed into digital asset markets over the past 30 days. Crypto strategist Ali Martinez in a new thread says The 55,500 followers of social media platform “The cryptocurrency market has seen its largest capital inflow ever, boasting a record $110 billion in new capital inflows!” Source: Ali Martinez/X Martinez continues highlight Whale activity last month saw deep-pocketed investors gobbling up massive amounts of meme asset Dogecoin (DOGE) over a two-week period. “Dogecoin whales have purchased 1.4 billion DOGE worth approximately $280 million in the last two weeks!”…
Tornado Cash co-founder Roman Storm has filed a motion to dismiss on charges related to money laundering and IEEPA violations. Roman Storm, one of the co-founders of privacy-focused Ethereum mixer Tornado Cash, has filed a motion to dismiss charges of money laundering and violation of the International Emergency Economic Powers Act (IEEPA). . Storm’s legal representatives argue that the decentralized application (dApp) was designed to operate autonomously and was immutable and publicly accessible before being misused by the hacking group and later leading to sanctions by the Office of Foreign Assets Control (OFAC). U.S. Treasury. Tornado Cash emerged as a…
Bitcoin continues to defy expectations. Although prices recently surpassed their November 2021 highs, the real story of a record surge in hashrate, the computing power that secures the network, may lie beneath the surface. This unexpected development has analysts buzzing about a potential bullish signal for the world’s leading cryptocurrency. The hash rate, essentially the combined processing power of Bitcoin miners globally, has doubled over the past year. This stands in stark contrast to price action, which was only slightly above previous all-time highs. Bitcoin Hash Rate Soars: ‘Money Container’ Joo Ki-young, CEO of cryptocurrency analysis company CryptoQuant, interprets this…
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