Institutions can’t get enough of the cryptocurrency as trading volume hits a new record of $30 billion.Inflows into cryptocurrency investment products reached record levels last week with $1.84 billion flowing into digital asset funds, pushing trading volumes to more than $30 billion. Institutional interest in cryptocurrencies, particularly Bitcoin, has surged, with the Spot Bitcoin ETF recording $22.3 billion in weekly trading volume. Bitcoin received the majority of inflows, totaling $1.73 billion, while Ethereum led altcoin inflows with $84.7 million. Solana experienced an outflow of $11.9 million. Regionally, the United States led the inflows with $1.88 billion, while Canada, Germany, and…
Author: Crypto Flexs
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German stock exchange Deutsche Börse has launched its own cryptocurrency trading platform, Deutsche Börse Digital Exchange (DBDX), targeting institutional clients. In collaboration with custody service provider Crypto Finance, DBDX provides a regulated and secure ecosystem for trading, settlement and storage of crypto assets.Key points:Platform Features: DBDX will initially operate on a Request for Quotation (RfQ) basis and plans to introduce multilateral trading facilities for the exchange of financial instruments between multiple parties. The platform aims to serve customers in Germany and other European markets.Compliance: The launch of DBDX follows Crypto Finance receiving four licenses from German financial regulator BaFin, allowing…
The concept of cryptocurrency market cycles is an important aspect of cryptocurrency investing that every investor should understand. Understanding market cycles in the cryptocurrency space can have a huge impact on your investment decisions and overall success in the market. In this blog, we will take a closer look at the definition of a cryptocurrency market cycle and explore its significance in the context of cryptocurrency investing. By gaining insight into these market dynamics, investors can make informed decisions and navigate the volatile world of cryptocurrency with greater confidence.Step 1: AccumulateThe accumulation phase marks the beginning of a new market…
There’s definitely something fascinating about being a cowboy. There is freedom, outdoor activities and fun. Everything is there. But what’s missing from the movie is saddle rash, violence, and endless horse and cow dung. I don’t know if I can handle the smell. I guess I should just grab my cowboy hat and enjoy my coffee at a Starbucks with good air conditioning. Get a virtual cowboy experience with Booming’s Smoking Pistols slot. saddle up The standard Smoking Pistols slot layout is six reels spread across four rows. However, slots can grow up to 8 rows. The mechanic works through…
DeFi • March 5, 2024 1:05 PM EST Posted 5 minutes ago In ~ Updated: March 5, 2024 2:43 PM EST Cryptocurrency casino Shuffle has partnered with decentralized launchpad Bazaar to power its Liquidity Bootstrapping Pool (LBP), which creates on-chain liquidity for tokens.This partnership comes ahead of Shuffle’s airdrop in early March, during which 10% of the 1 billion SHFL token supply will be distributed. According to a release shared with The Block, LBP will occur from 5 PM on March 10 (22:00 UTC) to 5 PM on March 13 (22:00 UTC). Shuffle’s partnership with Bazaar promotes cross-chain accessibility with…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. As BTC and ETH hit new highs, KLXO presale shines, promising a new approach to peer-to-peer lending amidst an active cryptocurrency market. As Bitcoin (BTC) and Ethereum (ETH) continue their upward trajectory, the cryptocurrency market is witnessing an unprecedented surge, hitting new highs in 2024. Bitcoin surpassed $66,000 with a remarkable monthly price increase of 55.73%. Despite facing rejection and retracement after reaching $64,000, Bitcoin surged, maintaining bullish sentiment above the 78.60% Fibonacci retracement level. Likewise, Ethereum experienced significant…
Bitcoin plunged Tuesday morning, shortly after the No. 1 cryptocurrency by market capitalization hit an all-time high of $69,170.The weeks-long rise in the price of Bitcoin, triggered by the approval of the Bitcoin ETF in January, has pushed Bitcoin past its all-time high set in November 2021. Cryptocurrency Twitter was in a state of euphoria before Bitcoin price went into free fall. .Bitcoin plunged 12% in five hours to just over $60,000, according to CoinGecko. It has recovered somewhat to trade at $63,515 at the time of writing. While distressing, the post-peak decline was not entirely unexpected.When comparing today’s market…
The number 7 has special meaning in many cultures and beliefs around the world. This mystical number is often associated with luck, perfection, and spiritual awakening. In this article, we will learn about the incredible power of the number 7 that you may not be aware of. Powers of 7 in numerology In numerology, the number 7 is considered the most mysterious and introspective of all numbers. It is often associated with wisdom, intuition, and inner knowledge. People born under the influence of the number 7 are said to be very spiritual and intuitive, with a deep connection to the…
Dogecoin has recently It jumped to the $0.2 level. For the first time in a month since November 2021 Exceptional bullish price action. In particular, DOGE is currently up 128% this month and 97% over the past 7 days, providing satisfactory results for DOGE holders. According to cryptocurrency analysts, this price surge is expected to continue and go parabolic all the way to the $1 level this market cycle. Dogecoin is expected to perform exceptionally well Current Market Dynamics and optimistic feelings DOGE is Extended integration period. With its price recently surging past $0.20, DOGE briefly overtook Cardano and jumped…
The popular Solana (SOL)-based memecoin continues to soar after being listed on leading cryptocurrency exchange Binance. According to a new announcement, Binance is launching perpetual futures trading for MYRO, a dog-themed memecoin built on the Solana blockchain. Binance says: “To expand the trading selection available on Binance Futures and improve the trading experience for users, Binance Futures will introduce MYROUSDT perpetual contract and 1000PEPEUSDC perpetual contract on 2024-03-05 08:30 (UTC) and 2024-03-07 08. We are planning to release a contract. Each offers leverage of :30 (UTC) and up to 50x.” After reaching an all-time low of $0.001995 on November 12,…