CME’s ETH futures OI has surged 87% since last month. ETH traders were becoming increasingly greedy. Ethereum (ETH) is a little late to the party. But they are – better late than never! After TradFi giants like BlackRock and Fidelity entered the spot ETH ETF race, the second-largest asset digital asset has shown tremendous bullish potential. AMBCrypto uses data from CoinMarketCap to see ETH accumulating gains of more than 16% over the past month. Institutional inflow into ETH jumps These recent developments have led to a surge in institutional interest in ETH, which until very recently failed to attract significant…
Author: Crypto Flexs
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Cryptocurrency analyst Captain Faibik revealed his meme-inspired predictions regarding cryptocurrencies. Dogecoin (DOGE), This suggests that a major price rally for cryptocurrency assets is imminent. Crypto Analyst Predictions for Dogecoin The cryptocurrency analyst, using his official X (formerly Twitter) handle, said: share His predictions for Dogecoin. According to him, huge pumps are running as the DOGE train has already left the station. Faibik’s X post was accompanied by a meme coin chart showing a potential rally in DOGE. A chart shared by a cryptocurrency expert shows a huge price surge in the price range of $0.08 to $0.70. If analysts’ price…
R1 Skins burst onto the competitive CSGO skin gambling scene in 2021 as an ambitious upstart aiming to challenge established case opening sites through creative direction. Owned by operator WiseAvant OÜ of Estonia, R1 Skins makes its mark by offering hundreds of exotic weapon case collections unlocking lucrative skins, gloves, knives, and weapon finishes themed around specific rarities. Beyond staple crowd pleasers, R1 also innovates exclusive cases like the Paint and Rage series with wildly colored and aggressive designs resonating with discerning Counter-Strike fans. The site equally impresses implementing polished modern aesthetics and quick account setup fueling efficient access to…
hello. My name is Kevin and I am a seasoned cryptocurrency enthusiast who prefers trading at the platinum level. Based on the insights I shared, “Kevin’s Macro Perspective: Thriving in Cryptocurrency Spring,” I’m excited to explore Solana, a project that has played a pivotal role in my cryptocurrency journey. Through my in-depth analysis of “Solana: Past, Present, Future with Anatoly Yakovenko,” I gained profound insight into Solana’s trajectory and its potential in the cryptocurrency world. Solana’s Beginning: Paradigm Shift Solana visionary Anatoly Yakovenko introduced an innovation that surprised me: the Proof of History (PoH) consensus mechanism. This is not simply…
Bitcoin (BTC) is up nearly 170% after the European Central Bank (ECB) warned of an impending “rundown.”like famous The BTC price action announced by cryptocurrency proponent Eric Wall and others on December 4 went completely against economists’ predictions.ECB Bitcoin Myopia: “What’s Wrong Again?”When the ECB published a blog post commemorating Bitcoin’s demise on November 30, 2022, the price of Bitcoin was only $16,400.The post, which comes shortly after the collapse of the FTX exchange and subsequent market flight, argued that even those levels are a stopping point on the way to new lows.“Bitcoin value peaked at $69,000 in November 2021…
In a historic move, the first studio recording of a young Michael Jackson, kept secret for over 50 years, will be released on “digital vinyl” on December 7 via a blockchain-based platform. The track, titled “Big Boy (One-Derful Version),” will be published digitally through blockchain music platform Anotherblock and can be accessed through the platform’s player along with a master tape and song stem images. Available for 48 hours in open edition and limited edition. Michael Jackson’s “Big Boy (One-Derful Version)”, NFT limited edition version. Source: AnotherblockDating back to July 13, 1967, this recording features an eight-year-old Michael Jackson and…
Short-selling traders betting on a high Bitcoin (BTC) price lost about $90 million on Tuesday alone, with another $70 million added through short liquidation on Monday.
For the second time this week, an Asian cryptocurrency exchange has described an unusual spike in trading volume. Gate.io’s daily trading volume rose to a peak of $4 billion on the evening of December 4. This is several times higher than the typical daily trading volume on Asian cryptocurrency exchanges.The surge has already sparked controversy with the community behind so-called “animal tokens” called RATS, created on the Bitcoin blockchain using the BRC-20 protocol. Yesterday, the project publicly accused Gate of fake trading and called for a boycott of the exchange.However, Gate attributes these odd trading volumes to market fluctuations that…
The Bitcoin ordinal-backed ORDI token became the first BRC-20 token to surpass $1 billion in market cap after recording triple-digit monthly and weekly percentage gains. ORDI hit a new all-time high above $65 on December 5, up more than 850% from around $6.80 on November 5, according to CoinGecko data. ORDI is up 216% in the last 7 days.The sudden price rise of ORDI made it the first BRC-20 token to reach a market capitalization of $1 billion on December 5. As of this writing, this token is worth $1.3 billion. ORDI has fallen slightly from its highs and is…
Bitcoin (BTC) is having a good time once again. The world’s largest cryptocurrency is enjoying a 150% gain this year, with its price surging above $44,000 on Wednesday for the first time in 18 months. This increase signals the continued rise of the cryptocurrency, which is supported by several factors, including falling interest rates and growing expectations about the possible approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. Spot ETFs: Democratizing Bitcoin Investing While Lowering Risk Industry advocates say this new way to invest in Bitcoin at spot prices instead of futures prices makes it easier…