After four consecutive days of inflows, the U.S. spot Bitcoin exchange-traded fund (ETF) suffered a decline, with $85.7 million outflow during trading hours on Monday. US Spot Bitcoin ETF’s Momentum Halted by $85.7 Million Outflow, Puts GBTC in the Spotlight Between March 25 and March 28, 2024, the US Spot Bitcoin ETF enjoyed an upward trend.
Author: Crypto Flexs
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. As Ripple ( Foreshadowing. Renowned analyst Mikybull Crypto predicted a bull market that could see Ripple (XRP) rise to $6.00. Meanwhile, World of Charts predicts that Litecoin will rise to $400 if it breaks through severe resistance levels. Meanwhile, NuggetRush is starting to gain traction among gamers with the imminent release of an exciting new P2E game. Analysts claim that NUGX, its native coin, has the potential to become one of the 100x tokens in 2024 and could trade…
Ethereum co-founder Vitalik Buterin spent April Fool’s Day writing serious and funny content on the Ethereum website and his personal blog. In both posts, he advocated for protocol simplification and improved efficiency, exploring thought-provoking ideas for the future of political and economic systems in an increasingly digital world.In a more serious post, Buterin detailed Dencun, the latest hard fork that introduced a series of protocol simplifications as part of a section of the Ethereum roadmap called “The Purge.” These efforts aim to streamline Ethereum’s codebase, reduce technical debt, and improve the platform’s overall performance. Notable changes include reducing the functionality…
Crypto.com announced that it will enter the Korean market starting April 29, 2024. We will offer retail users a selection of cryptocurrencies, giving them the ability to trade tokens after registering on the platform. Crypto.com has expressed its commitment to providing security and privacy across the board, two aspects that have helped it gain over 80 million customers worldwide. With Crypto.com University, over 150 cryptocurrencies are available on the platform along with educational resources. The latter includes more specifically educational and resource materials. The NFT sector is also scheduled to debut in Korea. However, this will bring leading NFT projects…
Bitcoin price fell below $65,800 on April 2 as leveraged bullish traders recorded losses of more than $130 million and BTC network fundamentals and major macro indices hinted at an imminent rebound. On April 2, the price of Bitcoin fell to a ten-day low of $65,800, down 6% in a frenzied 12 hours. Can BTC recover before the upcoming halving event? Why did Bitcoin price fall today? Bitcoin price fell from $71,317 to $65,800 during morning trading hours on April 2 (GMT). The BTC market decline can be attributed to the Bitcoin ETF getting off to a negative start to…
Bitcoin maintains its status as a preferred digital currency among many traders, with its price rising continuously attracting more investors. If you bought Bitcoin 10 years ago and stashed it away, you are likely to make a huge profit if you choose to sell your Bitcoin now. Nonetheless, even if you think your timing is solid, a minor mistake can result in you losing your funds. If you’re considering selling your Bitcoin, it’s important to take note of the lessons you’ve learned from others’ mistakes to avoid falling into similar traps. In this blog post, we will look at some…
United States Consolidated Branch Bitcoin BTC -6.44% Exchange-traded funds recorded net inflows every trading day last week and turned to net outflows on Monday. 860 million dollars.Inflows of $165.9 million from BlackRock’s main IBIT ETF were not enough to overcome $302.6 million outflows from Grayscale’s converted GBTC fund, bringing total net outflows yesterday to $85.7 million, according to CoinGlass data. It has arrived.Fidelity’s FBTC came in second with $44 million in inflows on Monday, while Invesco’s BTCO came in third with $4.2 million. However, Ark Invest 21Shares’ ARKB ETF suffered a decline in outflows for the first time since trading…
April 2 Bitfinex lists TOKEN, the native token of TokenFi Road Town, British Virgin Islands – April 2, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced that it will list TOKEN, the native token of TokenFi, a user-friendly platform that simplifies asset tokenization and crypto token creation without coding. . . Launched in 2023, TokenFi simplifies asset tokenization and crypto token creation to drive accessibility and participation in the digital asset space. Targeting the global asset tokenization market, the platform offers an all-in-one solution across multiple networks and is gaining attention for its innovative approach. TOKEN,…
Bitget Announces Listing of Wormhole(W): Pioneering Cross-Chain Interoperability – Chainwire housenewsroomBitget Announces Listing of Wormhole(W): Pioneering Cross-Chain Interoperability We use cookies to make your experience on Chainwire’s website better. 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the…
One important indicator of how much load the Ethereum blockchain can safely handle is how the uncle rate reacts to the gas usage of a transaction. In any blockchain of the Satoshian proof-of-work kind, every block published runs the risk of becoming “stale.” Since another miner posted a competing block before the recently published block reached it, and is not part of the main chain, a “contention” occurs between the two blocks, resulting in a situation where one of them inevitably falls behind. One important thing to note is that the more transactions a block contains (or the more gas…