bitcoin BTC +9.44% The price surged more than 10% to a record high of $56,740 at one stage on Tuesday morning Asian time, the highest since November 2021, according to . The Block’s Pricing Page. “The main reason for this surge can be attributed to Bitcoin spot ETF trading volume, which reached a new high of $2.4 billion on February 26, further boosting US investor confidence in this asset class.” Lucy Hu, senior analyst at Metalpha, told The Block.Ethereum was trading at $3,234 at 10:30 a.m. in Hong Kong, up 4.7% over the past 24 hours, according to data from…
Author: Crypto Flexs
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BlackRock’s Spot Bitcoin ETF recorded more than $1 billion in trading today alone, according to Bloomberg senior ETF analyst Eric Balchunas, a significant milestone for the ETF. This achievement highlights the growing demand for Bitcoin investment products and highlights the growing acceptance of Bitcoin in traditional finance.important step $GO As of today, $1 billion worth of stock has been traded. It ranks 11th among all ETFs (top 0.3%) and in the top 25 among stocks. Those are crazy numbers for a beginner ETF (especially the 10 contenders). $1 billion a day is big boy level trading volume, enough for (even…
Ethereum (ETH) has outpaced Bitcoin (BTC) this year, rising 33% year-on-year. This surge in prices is not just due to the potential approval of cash exchange-traded funds (ETFs), according to a research report from broker Bernstein. One of the main factors contributing to Ether’s rise is deflationary supply. Since the Ethereum blockchain transitioned to a proof-of-stake consensus model in September 2022, Ethereum supply has remained constant. This aspect of cryptocurrency is often overlooked, but it plays a significant role in its value. Another important factor is the amount of Ethereum locked up. Currently, only 11% of ETH is held on…
After many months of silence, we’re proud to announce the v1.9.0 release of Go Ethereum! Although this release has been in the making for a lot longer than we anticipated, we’re confident there will be some juicy feature for everyone to enjoy! Warning: We’ve tried our best to squash all the bugs, but as with all major releases, we advise everyone to take extra care when upgrading. The v1.9.0 release contains database schema changes, meaning it’s not possible to downgrade once updated. We also recommend a fresh fast sync as it can drastically reduce the database size. Some of the…
Despite some unfavorable trends in the cryptocurrency market, XRP It has risen gradually in recent days, pushing the positive and optimistic forecasts of market analysts to unprecedented levels. XRP may hit all-time highs sooner than expected. Javon Marks, a cryptocurrency expert and internet personality, expressed his optimism about XRP. dividing Together with the community on social media platform XRP may be ready to undergo a significant move that will push its price to unprecedented heights, according to a cryptocurrency expert, highlighting the possibility of XRP rebounding past the $200 price. Marks noted that digital assets are experiencing “another higher low”…
Nine new spot Bitcoin ETFs recorded $2.4 billion in buying and selling activity on Monday, setting a new record for total daily trading volume, according to Bloomberg senior ETF analyst Eric Balchunas.”It’s official… New Nine bitcoin BTC +5.31% “The ETF broke its all-time trading volume record today at $2.4 billion, barely ahead of its first day but roughly double its recent daily average.” Posted by Balchunas in X. He also said that BlackRock’s spot Bitcoin ETF leads the way with $1.3 billion in transactions. According to Balchunas, when Blackrock’s ETF, IBIT, surpassed $1 billion this morning, it ranked “11th among…
Bitcoin hit $54,900 for the first time since 2021 as BlackRock’s IBIT traded $1 billion worth of shares. BTC price is rising as analysts predict a halving explosion. Bitcoin is aiming for a breakout before the halving, with its price exceeding $54,900 for the first time since November 2021. On cryptocurrency exchange Coinbase, the price of Bitcoin hit a record high of $54,980. The more than 6% rise pushed the benchmark cryptocurrency’s market capitalization to more than $1.6 trillion. BTC surges above $54,000 as IBIT trades $1 billion worth of ETF shares In the ETF market, BlackRock’s iShares Bitcoin Trust…
Blockchain technology offers many benefits to the online gaming industry, including the ability to prevent fraudulent activity. As a result, players can participate in online games with peace of mind knowing that their bets and winnings are protected from fraudulent activity.In this article, we will discuss how blockchain technology can prevent fraud and manipulation in online casinos.Transparency and ImmutabilityWhen to choose Online Casinos Australia 2024, Transparency should be one of the most important criteria to consider. Blockchain technology is a system that operates as a distributed digital ledger. This enables secure and transparent transactions across computer networks and ensures the…
Argentina’s liberal president, Javier Millais, is trying to stop Argentina’s central bank from printing money. Milei explained that he would send a bill to Congress that would impose prison sentences for issuing money, and that central bank officials who approve such moves would be imprisoned. Argentine President Javier Millais aims to establish seigniorage (…)