Renowned cryptocurrency analyst Michael van de Poppe recently outlined three key factors that could portend a bullish phase for Ethereum, the second-largest cryptocurrency by market capitalization. One of the important factors he identified is Bitcoin’s current behavior. The analyst noted that signs of Bitcoin’s recent bottom as the market leader tend to outpace altcoin rallies, suggesting a potential upside for Ethereum. Van de Poppe also highlights the growing excitement surrounding a spot Ethereum Exchange-Trade Fund (ETF). According to Van de Poppe, the growing buzz around these spot ETFs is a significant catalyst that could boost the value of Ethereum in…
Author: Crypto Flexs
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Earlier this week, Bitwise became the first Bitcoin exchange-traded fund issuer to issue a wallet for its fund, and it wasn’t long before the wallet started receiving unexpected gifts.Some users sent small amounts of Bitcoin to their wallets as follows: 0.00042069 BTC +3.58% . Others sent BRC-20 tokens, Bitcoin domain names, and various Bitcoin NFTs to their wallets. The purses totaled more than $5,000.Commenting on all of this, Bitwise CIO Matt Hougan said, “All assets are accrued for the benefit of BITB shareholders.”If Bitwise receives assets involuntarily, it may sell those assets for cash and distribute the cash proportionately to…
Contracts for Plutus and Timelock scripts surged. Network activity increased, but the ADA price fell to $0.47. Number of deployed smart contracts Cardano (ADA) The network has been growing since the beginning of the year. Cardano Blockchain Insights showed. At press time, smart contracts for Plutus Script V2 have increased. When the year began it was about 6,296 years old. However, at the time of writing, that number has risen to 17,718. This was a similar case for the Timelock script, which jumped from 115,469 to 118,364. Source: Cardano Blockchain Insights Cardano has scripts locked down. Smart contracts are programs…
question hello. At the time of this question, the reward per block is 6.25 Bitcoin. But if I understand correctly, this does not include transaction fees. On average, beyond the 6.25 Bitcoins, no new Bitcoins are created and how many additional Bitcoins can miners currently earn derived from transaction fees? more context I know that the number of transactions will vary as well, as will the cost of the individual fees added to each block, but I would also appreciate some insight into the range of variation in size.
Celsius, a bankrupt cryptocurrency lending platform, transferred 459,561 ETH worth more than $1 billion to Coinbase, Paxos and FalconX in the last 24 hours, per on-chain data. moved to centralized exchanges including FalconX).Specifically, over 300,000 ETH, equivalent to $673 million, was transferred to Coinbase Prime. The company also transferred 146,507 ETH worth approximately $323.3 million to Paxos and 7800 ETH worth $17.2 million to FalconX.This latest transfer follows a string of similar fund moves by Celesius recently. On January 24, blockchain research firm Lookonchain reported that the company had deposited 18,000 ETH worth $40 million into Coinbase.Meanwhile, cryptocurrency analytics platform…
In the overall downward trend surrounding the entire cryptocurrency market, XRP It was observed to be one of the most affected tokens and its price quickly fell to $0.51. Potential price surge for XRP The price of XRP has been witnessing a significant bearish trend for quite some time. This has led to several speculations in the market. analyst About the future of tokens. However, well-known crypto analyst XForceGlobal predicted that the price of XRP could rise to $11. Analysts use social media platform share His bold plans for the cryptocurrency community. XForceGlobal confirmed in its macro analysis that XRP…
Bitcoin price rebounded above $41,000 this morning, with outflows from Grayscale’s GBTC convertible spot ETF slowing for the third day in a row.GBTC recorded outflows of $394.1 million on January 25, up from $429.3 million on Wednesday and $515.3 million on Tuesday, according to data from BitMEX Research. Although GBTC outflows remain very high, yesterday’s figures were the second lowest since January 11, the first trading day for the spot Bitcoin ETF.9 New Spot Bitcoin ETFs — BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Ark 21Shares (ARKB), Invesco (BTCO), VanEck (HODL), Valkyrie (BRRR), and Franklin Templeton (EZBC) ) and WisdomTree (BTCW)…
Ripple (XRP) price is hovering above $0.50 on Friday, January 26th, with monthly losses approaching 20% and market indicators indicating that a rebound phase is imminent. After hitting a high of $0.63 on the opening day of 2024, the price of However, important market signals show that the sixth-largest cryptocurrency asset by market capitalization could now face a major rebound phase. After a month of retracements, XRP is approaching oversold territory. XRP holders experienced a 19% price correction between January 1 and January 26. The negative performance was due to controversy surrounding Ripple’s long-running legal battle with the U.S. Securities…
This week, BitStarz was named Best Online Casino at the 2023 LCB Awards. We could not be more humbled by the recognition. We are honored to receive this prestigious award for the second year in a row. When the LCB announced that voting had opened for the 2023 awards, it described the Best Online Casino category as one in which casinos must excel in everything from games and bonuses to support and payouts. Moreover, the winning casino had to exceed the player’s expectations. These are incredibly high standards and ones we continually strive to meet. road to the title In…
Are you looking for a new investment opportunity with the potential to generate huge returns? Look no further than Nimbus Coin. This innovative cryptocurrency is gaining traction in the market and has the potential to deliver significant returns to investors. In this article, we will uncover the hidden potential of Nimbus Coin and provide you with the information you need to make informed investment decisions. What is Nimbus Coin? Nimbus Coin is a decentralized cryptocurrency that runs on the Nimbus blockchain. It was created to provide a secure and efficient way for users to transact and store value. This coin…