Ethereum is currently hovering around $2,200 and the price has experienced quiet volatility over the past seven days. New data from Santiment has revealed the current sentiment among Ethereum whale addresses as total supply on exchanges recently hit a new low. According to the on-chain analytics platform, more than 240,000 ETH left 10 of the largest ETH exchange wallets in the last 24 hours. As a result, the cumulative number of ETH deposited on cryptocurrency exchanges decreased from 8.03 million ETH to 7.79 million ETH in one day, one of the largest ever. With the price of ETH currently hovering…
Author: Crypto Flexs
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The cryptocurrency market is abuzz with the possibility that the United States will approve a Bitcoin exchange-traded fund (ETF). This potential move has sparked various predictions regarding Bitcoin’s future price. Analysts and experts are working to provide insights ranging from cautious to energetic optimism. ETFs will open doors to institutional capital According to Bloomberg, there is a 90% chance that a spot Bitcoin ETF will be approved this year. The news sparked speculation about the impact such approval would have on Bitcoin’s value. Approving a primarily spot Bitcoin ETF could mark a pivotal shift in institutional participation in cryptocurrencies. This…
Posted 1 minute ago In ~ Phantom’s march to add support for a variety of chains has gone one step further with the announcement that users can now trade and transfer Bitcoin, Ordinals, and BRC-20 tokens.The wallet’s new option is “currently in beta, so it’s 100% optional,” Phantom said. Posted on. “without Bitcoin BTC +3.14% , there will be no Solana, Ethereum or web3. And for that, we are forever grateful to Bitcoin and are excited to launch Bitcoin on Fantom.”Phantom, known as the Solana wallet, has taken its first steps towards multichain by adding support for the Ethereum and…
According to Lookonchain data On December 20, whales are actively accumulating Chainlink (LINK) and Polygon (MATIC) and moving them on Binance, one of the world’s largest cryptocurrency exchanges by trading volume. Citing on-chain transfers, Lookonchain points out that LINK is seeing a particularly significant build-up in a new wallet called “0x8eAD,” which has withdrawn 247,860 LINK worth approximately $3.5 million from Binance over the past two days. Meanwhile, two new wallets “0xa813” and “0x38b3” are actively accumulating MATIC, including withdrawing 5 million MATIC worth approximately $3.13 million from Binance this morning. Chainlink whale moves coin | Source: Lookonchain via X…
Dubai-based Bybit, the world’s third-largest cryptocurrency exchange by trading volume, announced on December 1 that it has recently set a new standard in the cryptocurrency market through Proof of Reserve (PoR) certification. PoR has been expanded to 32 cryptocurrencies. 20 Press release.The report aims to demonstrate to customers that Bybit has fully backed up all assets within a sophisticated multi-layer wallet system. According to the report, the collateral range of the tokens is 100-124%.proof of reservesBybit’s proof of reserves shows that the company holds between 100% and 124% collateral for the 32 tokens in the report. The exchange’s BTC collateral…
Hey there, DeFi enthusiasts! Let’s dive into the world of Pendle Protocol, a groundbreaking platform in the decentralized finance (DeFi) landscape. If you’re like me, always on the lookout for innovative and efficient ways to manage your crypto assets, Pendle is a game-changer you need to know about. What is Pendle Protocol? Pendle Protocol is a cutting-edge yield management platform in the DeFi space. It’s not just another protocol; Pendle stands out for its unique approach to handling yield-bearing assets. The protocol allows users to maximize their returns and engage in more sophisticated financial strategies, something we’ve been craving in…
Posted 1 minute ago In ~ Trezor, a web3 hardware wallet manufacturer, has added support for two new tokens. Trezor’s hardware wallets, Model T and Safe 3, now support SOL and Solana Program Library (SPL) tokens. wrote on social media platform. The Trezor Safe 3 costs $79 and comes with a special chip that provides additional security. The Model T includes a touchscreen interface with a $179 price tag. Both support over 8,000 coins and tokens and allow users to send, receive, and trade assets. SOL is the native token of the Solana blockchain, and SPL is Solana’s token standard,…
introduction:As cryptocurrency investing continues to gain mainstream adoption, a variety of strategies and techniques have emerged to generate profits, diversify portfolios, and maximize returns on your investments. Among these approaches, cryptocurrency staking occupies a key position and is attracting the attention of both beginners and seasoned investors who want to not only support their favorite projects, but also earn passive income in the process.In this comprehensive guide, we will take a closer look at the concept of cryptocurrency staking, reviewing the mechanisms, benefits, drawbacks, and potential opportunities for investors looking to maximize passive income streams. We will look at topics…
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article.”What luck for rulers that men do not think.” – Adolf HitlerBitcoin will not kill the U.S. dollar. It will become the U.S. dollar, with all controls and restrictions that any CBDC issuer could dream of. “Impossible!” I hear you crying out, giggling to myself in the face of the utmost ignorance that seems to have accumulated quadratically with bitcoin’s price increase. “Bitcoin is freedom money!” And this is where you’re wrong. Bitcoin is…
Tether has blocked six new wallets from its Ethereum network, most likely linked to the Russian Finiko ponzi scheme. According to blockchain intelligence firm ChainArgos, the wallet may have been making suspicious transfers to addresses linked to Finiko. However, no other notable suspicious transactions were observed at this address. 1/4 @Tether_to We just added 6 new wallets to the blacklist: Ethereum: – 0x691169914a13465bd9528292f8fbdd0301354941– 0x6d82a3743261e0ac77116f4cf153338bec3c69c6 – 0x016a2046689fc94eec7d23545693bc7b81dbabd1– 0x873e288d432d1e8dd93defa63406fd9a80580491 -…— Chain Argos (@ChainArgos) December 20, 2023 Finiko is a pyramid scheme that started in Russia in 2018 and caused victims to lose up to $95 million. Last year, Interpol arrested conman Edvard…