Cryptocurrency-linked investment products recorded the second-largest inflows of 2024 last week, reaching $708 million, almost 99% of which came from Bitcoin. US markets recorded $721 million in inflows, with new ETFs alone raising $1.7 billion. Spot Bitcoin ETFs have consistently attracted an average of $1.9 billion in capital over the past month, totaling $7.7 billion since approval, according to CoinShares research. The Bitcoin ETF has maintained an average of $1.9 billion in inflows over the past four weeks, reaching a cumulative $7.7 billion since it was first introduced in the second week of January. Despite the surge, $6 billion was…
Author: Crypto Flexs
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Chainlink (LINK) price has shown impressive gains over the past week, hitting a new yearly high. The emergence of this bullish rally continues to signal that the price surge is not over yet, as LINK bulls continue to hold firm near the $18 support area. Crypto analyst says Chainlink bullish flag has been broken. In an analysis published on the TradingView website, cryptocurrency analyst CobraVanguard explains why the Chainlink price is currently very bullish. According to analysts, despite altcoins showing very bullish signs, many traders do not realize that this is the case. They identified flagpoles created on the charts…
Spain’s finance ministry is set to expand its controls over domestic cryptocurrencies to allow it to seize digital assets to settle tax debts. A proposed legislative reform to general tax law would give the Spanish National Tax Service the power to identify and take over cryptocurrency assets owned by taxpayers with overdue debt. The move follows a royal decree that came into effect on February 1 expanding the agencies authorized to collect taxes on behalf of the government. The Treasury also plans to combat tax evasion by requiring banks and electronic money institutions to report all card transactions. Spanish residents…
Welcome to the ultimate guide to LibertyCoin, the revolutionary cryptocurrency that is changing the way we think about money and finance. In this guide, we’ll take a look at LibertyCoin’s origins, key features, and how it is changing the world of digital currencies. Origin of Liberty Coin LibertyCoin was created in 2017 by a team of blockchain and cryptocurrency experts who are passionate about creating a truly decentralized and secure digital currency. The goal was to provide a payment system independent of traditional banking systems and government controls, allowing users to transact freely and safely. Main features of Liberty Coin…
In the evolving contemporary art landscape, few artists capture the essence of change and permanence as powerfully as Ryan Koopmans and Alice Wexell. Their artwork bridges the gap between the natural world and urban decay. They delve into the heart of abandoned places and transform them into digital masterpieces that question the boundaries between reality and digital artificiality. Together, they explore the concepts of heritage and preservation in the digital age by recording their work on Bitcoin’s immutable ledger. Their latest work ‘The Origin’ demonstrates their innovative approach to digital art. Combining photography, digital manipulation, and Bitcoin ordinal technology to…
Technology • February 5, 2024, 10:48 AM EST Posted 1 minute ago In ~ Crypto mobile payments company Oobit has secured $25 million in Series A funding in a round led by Tether, Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital, the company said in a statement.Founded in 2017, Oobit seeks to eliminate “merchant friction” and provide functionality similar to Apple Pay, allowing consumers to utilize the app to pay for goods and services with cryptocurrency.“Tether’s strategic investment in Orbit highlights our unwavering commitment to welcoming new users to the cryptocurrency ecosystem,” Tether CEO Paolo Ardoino said in a…
SOHOTRN (SOHOT), a cryptocurrency operating on the Ethereum platform, has been making waves in the cryptocurrency market since its launch in January 2024. With a total token supply of 1 billion and a self-reported circulating supply of 800 million, SOHOTRN has shown remarkable performance, especially considering its recent price surge. SOHOTRN Market Statistics As of last update, SOHOTRN is trading at $0.0011328866103326478 and has registered an impressive 49.92% increase in the last 24 hours. This surge is part of a broader trend, with the coin rising 17.69% over the past 60 and 90 days and 15.66% over the past week.…
Ethereum (ETH)The second-largest cryptocurrency asset, several prominent analysts in the cryptocurrency industry are predicting that the market will see a price surge in the coming months as it shows bullish momentum. Ethereum is likely to go parabolic in the coming months. Altcoin Daily cryptocurrency analysts have revealed three key factors that could push Ethereum prices higher in the coming months. Analysts have recently shared some bullish insights on ETH. illustration – On YouTube “Ethereum price is still ready to explode.” According to analysts at Altcoin Daily, Ethereum is expected to reach $4,000 in the next three to six months. One…
In the cryptocurrency market, there have been significant price movements for the Ronin Network’s RON token over the past day, sparked by major exchange Binance’s announcement that it will list the token. Following this news, RON initially surged more than 30%, close to an all-time high, but then plunged nearly 20% due to profit-taking. TLDR Binance announced that it will list the Ronin Network’s RON token on February 5th. The price of RON surged more than 30% on the news, nearing an all-time high of $3.51. Hybrid cryptocurrency exchange Pullix (PLX) continues to make progress toward its beta launch and…