Global Bitcoin investment vehicles, including a spot exchange-traded fund recently launched in the U.S., currently manage more than one million units. BTC +3.21% – Its current value is around $67 billion, highlighting the growing interest in cryptocurrencies in investment portfolios.The majority, accounting for more than 83% of that figure, are Attributed to According to cryptocurrency research firm K33, U.S. spot and futures Bitcoin ETF. Europe and Canada are the second and third largest markets for Bitcoin investment vehicles, respectively, after the United States. According to K33, these vehicles collectively control 1,008,436 BTC, or 5.13% of Bitcoin’s circulating supply as of…
Author: Crypto Flexs
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A widely respected cryptocurrency strategist believes altcoins are poised for a rally of a magnitude never before seen in the current market cycle. Pseudonymous analyst Altcoin Psycho told his 493,700 followers on social media platform Traders who profited from Bitcoin (BTC) and meme tokens are keeping capital in circulation, according to analysts. trigger Another rally for the altcoin market. “If you think this market is fun, wait until MEMCOIN and BTC liquidity shifts back to quality altcoins. The best gains of the cycle tend to occur in the second leg. do not misunderstand. I think MEMCOIN will go higher and…
I’ve been thinking about this question for years without really understanding it. Let’s say Bob invested a small amount of $100 in 2013, and now it’s worth about $90,000, which is a pretty significant increase. For example, he can comfortably trade on Coinbase to get cash from a real bank. However, if Bob had invested $1,000,000 in Bitcoin in 2013, he would now theoretically have around $900,000,000. But when he tries to sell those coins for real money, he thinks it might be pretty difficult to find someone willing to pay $900 million to buy his coins. Also I’m sure…
Binance has launched a new airdrop campaign giving away $90,000 worth of DODO tokens to Web3 wallet users to encourage platform adoption and trading. Binance, a global cryptocurrency exchange, announced an airdrop of $90,000 in DODO tokens to provide incentives and rewards to next-generation Web3 wallet users. These developments come as part of Binance’s ongoing efforts to encourage participation in decentralized finance (DeFi) and the broader Web3 ecosystem. Airdrop Details and Participation The airdrop campaign is scheduled to run from March 5, 2024, 00:00 UTC to March 18, 2024, 23:59 UTC. To receive a share of the $90,000 prize pool…
introduction Cryptocurrencies have revolutionized the way people transact digitally, providing a secure and decentralized alternative to traditional banking systems. One of the cryptocurrencies that is making waves in the market is AcesCoin. In this ultimate guide, we will explore the future of cryptocurrency and how it is changing the landscape of digital transactions with AcesCoin. What is AceCoin? AcesCoin is a digital currency that operates on a blockchain platform, allowing users to conduct transactions safely and anonymously. It is built on a decentralized network, ensuring that no single entity can control the currency. AcesCoin uses cutting-edge technology to provide fast…
The foundation, which said it received a default judgment in Singapore in January due to Multichain’s failure to respond, is now seeking to liquidate the company, a process similar to Chapter 7 bankruptcy in the United States, so that all assets can be recovered and distributed. .
Shibarium’s significant increase in overall traction is indicative of progress in the cryptocurrency industry. Compared to the previous day, 905 accounts were used for transactions on Sybarium during the day, which is a 30% increase. According to data released by Shibariumscan, the sudden surge in activity may be due to increased engagement from existing Shibarium accounts rather than new listings. The almost 40% increase in Sybarium current account size two days ago in March can be attributed to more important factors. Having 64,693 accounts is a source of pride for the ecosystem. Moreover, the cumulative number of addresses reaches 1.365…
In particular, a surge in animal-themed memecoins like dogs, cats, and frogs has taken the cryptocurrency market by storm, with some tokens seeing astronomical gains over the past month. While the war between dog-, cat-, and frog-themed tokens continues, dog-themed tokens such as Dogecoin and Shiba Inu remain the most traded and popular among traders.Key points:Volume: Dog-themed coins, including Dogecoin and Shiba Inu, dominated trading volume, generating over $24.2 billion in revenue in the last 24 hours. In comparison, cat-themed coins like Popcat recorded a trading volume of $63.4 million during the same period.Performance: The best-performing dog token, WIF, soared…
Binance plans to list Solana-based meme coin Dogwifhat (WIF) with a seed tag on March 5, 2024. This indicates higher volatility and risk compared to other listed tokens. Binance, the world’s largest cryptocurrency exchange, announced that it will list Solana-based meme coin Dogwifhat (WIF) on its platform. WIF trading will begin on March 5, 2024 at 14:00 UTC, with the launch of four new spot trading pairs: WIF/BTC, WIF/USDT, WIF/FDUSD and WIF/TRY. Users can initiate WIF deposits in preparation for trading, and withdrawals will begin at 14:00 UTC on March 6, 2024. Binance also announced that there will be no…
The price of UNI has risen slightly over the past 24 hours. Most market indicators and indices have turned bearish for the token. Uniswap (UNI) We’ve had a good performance over the last week, especially in terms of whale accumulation. The big players in the game are starting to stock up on more UNIs, which is an optimistic sign. Does this mean individual investors should also consider accumulation? UNI demand increases According to the latest data Look on chainThe giant whale has amassed UNI worth more than $12 million in the past two days. There has also been an increase…