Bitcoin is making waves in the investment world as its price surges to new levels. If you’ve been hesitant about investing in Bitcoin, now is the time to take the plunge. Digital currencies are breaking records and showing no signs of slowing down, making them a lucrative investment opportunity you don’t want to miss. to. Why is Bitcoin price soaring? There are several factors driving the Bitcoin price surge. One of the main reasons is Bitcoin’s increasing acceptance as a mainstream investment asset. Major financial institutions and corporations began accepting Bitcoin, which increased demand and caused prices to skyrocket. The…
Author: Crypto Flexs
Read More
Polychain Capital, a cryptocurrency investment firm, has confirmed that founder and CEO Olaf Carlson-Wee’s X account has been hacked. The breach came to light on January 4 when Carlson-Wee’s account began promoting fake airdrops for PCHAIN, Polychain’s native token. The hacker claimed that the airdrop was part of Polychain’s New Year’s celebration and that the post contained a link to a phishing website. However, soon after discovering the breach, Polychain issued a statement acknowledging the hack and warning users not to interact with Carlson-Wee’s X account until further notice. Important Notice: Olaf’s personal Twitter (@zxocw) is damaged. Do not use…
Judge Jed Rakoff, the U.S. District Court judge for the Southern District of New York overseeing the Terra case, said: Stand with the SEC With a ruling at the end of the year. He said the case of defendant Terraform and its founder Do Kwon “asks this court to strike down a law that has been settled for decades by the Supreme Court,” the judge ruled. “The court declined the defendant’s invitation.”
As we enter 2024, the cryptocurrency sector is experiencing a remarkable resurgence. A key factor in this resurgence is the expected approval of a Bitcoin exchange-traded fund (ETF) in January, a significant regulatory milestone. The event is expected to attract significant institutional investment, injecting both liquidity and stability into the market and setting the stage for Bitcoin to reach new prices. Reinforcing this positive trend, the Federal Reserve’s decision to keep interest rates low through 2026 is likely to boost economic growth and further strengthen the attractiveness of cryptocurrencies as an investment choice. April 2024 will be a landmark moment…
On January 5, CertiK, a blockchain security and smart contract auditing firm, knock down Victim of cyber attack. The incident occurred on the company’s official CertiK announced that a “verified account associated with a prominent media outlet” had hacked into one of the employee’s X accounts and posted a link to the phishing scam. The company quickly resolved the breach by removing the phishing link within 14 minutes, and there was no significant damage due to the abuse. The phishing attack was first detected through direct messages received by CertiK employees, which showed signs of danger. Blockchain Detective ZachXBT CertiK…
Current market conditions:Current price: According to CMC (at the time of writing), the current price of Bitcoin (BTC) is $43,652.31, down slightly by 0.46% over the past day.Market capitalization: Likewise, the market capitalization decreased slightly by 0.46% and now stands at $855.49 billion.24-hour trading volume: Trading volume decreased significantly by 21.98%, reaching a total of $26.82 billion.Volume/Market Capitalization Ratio: The ratio is 3.14%, indicating a moderate level of trading activity relative to the market size.Best ever: Bitcoin’s all-time high remains at $68,789.63, reached on November 10, 2021.Recent historical achievements:Changes in early January: Bitcoin has been volatile in early January 2024,…
October 4th Changelog: Version 1.81 Posted at 16:31h From the change log Maria Lobusova The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.81 characteristic Added pop-up notifications for active loans exceeding 1% daily interestAdded P2P banner for users in eligible countries improvement Added a short delay to review input fields when adding Google Authenticator while U2F is enabled.Updated to skip price updates when clicking on the interactive book row before ordering. Updated Turkish message translations for account deactivation success messages,…
Bitcoin BTC +0.68% The broader cryptocurrency market was trading lower on Friday as it awaited news from the Securities and Exchange Commission. We continually review more than a dozen applications for spot ETFs. The price of the world’s largest cryptocurrency by market capitalization fell 1.6% to $43,442 at 10:57 a.m. ET.Despite a brief pullback earlier this week, ETC Group head of research André Dragosch said there is still substantial evidence supporting the possibility of a spot Bitcoin ETF being approved in January.“After Wednesday’s sell-off, we received more evidence to suggest there is still no material change in investor expectations for…
Litecoin’s price fell 20% to levels below $70. However, it succeeded in rising by 10%. Grayscale felt that if the SEC agreed to the CBTC conversion, the company could convert the trust into an ETF format. If the SEC agrees to the Grayscale Spot Bitcoin ETF, it would serve to balance spot and futures ETFs. There is speculation that Litecoin could become part of a spot ETF due to its capabilities. That was the CEO’s position, and the company has now overcome the hurdles set up by the SEC when attempting to convert Grayscale Bitcoin Trust (GBTC) into a spot…
Cryptocurrencies are becoming more and more popular, and new cryptocurrencies are constantly appearing. One of the cryptocurrencies that has been attracting attention recently is KoboCoin. If you are looking for a promising investment opportunity in the cryptocurrency world, KoboCoin may be the next big thing to consider. What is Kobo Coin? KoboCoin is a decentralized cryptocurrency that aims to provide fast, secure, and cheap transactions. It is built on a blockchain platform and utilizes an innovative consensus mechanism to ensure the integrity and security of the network. KoboCoin also has a total supply limit, which means the number of coins…