Spot flows, including ETFs, turned negative, canceling out all recent gains. Why the recent short-term leverage fluctuations and what’s next as whales make a comeback? Unexpected selling pressure erased the recent gains that Ethereum (ETH) achieved in the first few days of January. There were several reasons for the selling pressure, including leverage reduction and spot outflow. The ETH spot ETF outflows were arguably the most notable sign of selling pressure. It started this week with $128.7 million worth of inflows on January 6, building on the January 3 inflows. This may have created a false sense of security and…
Author: Crypto Flexs
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Bitcoin (BTC) has fallen near $95,000, indicating that bears are trying to strengthen their position. A small advantage in favor of the bulls is that U.S. spot Bitcoin exchange-traded funds saw inflows of $52.4 million on January 7, despite Bitcoin falling more than 5%, according to Farside Investors data. This means that investors are not dumping their positions in anticipation of a resumption of the bull market.Bitcoin could benefit from the addition of up to $612 billion in new liquidity in the first quarter of 2025, BitMEX co-founder Arthur Hayes said in a blog post. This could offset delays in…
“We are cleaning the environment, because without us, the city will be too dirty,” explains Jane Mago, a waste picker from Dar es Salaam, Tanzania. Her words underscore the environmental challenges bedeviling much of Africa—from polluted oceans and the menace of plastic bottles to poorly managed waste. These issues are not just local but reflect a bigger, global crisis. In a world where the devastating effects of climate change and pollution are being witnessed on a regular basis, cleaning up the planet is no longer an option but a responsibility we owe to ourselves and future generations. But what if…
The world of financial trading is about to be shaken by the onslaught of technological advancements. Among all the cutting-edge innovations leading this changing world, two technologies are Perp DEX and AI or Artificial Intelligence, commonly referred to as perpetual decentralized exchanges. It will make the entire process much more accessible, smooth, and smart. Let’s now take a closer look at these tools and how much potential they have in changing the trading landscape.Looking for the best Perp DEX platform?best find puff dex Rankfi’s solution is a useful resource for comparing perpetual decentralized exchanges. Explore in-depth reviews, key features, and…
London, UK, January 8, 2025, Chainwire aiPump, a no-code platform for creating and deploying AI agents in the blockchain space, has been listed on KuCoin as the exchange’s first AI token listing in 2025. This development positions AIPUMP as a competitor to VIRTUALS on the Solana blockchain. An innovative approach to tokenized AI technology. aiPump provides a comprehensive platform that allows users to design and deploy AI-based agents for a variety of distributed applications, from social media engagement to economic management in Web3 environments. Key features of aiPump’s AI agent platform Sentient AI Twitter Agent: An autonomous AI agent that…
Analyst and trader Kevin Svenson believes the most explosive phase of the altcoin cycle is yet to come. In a new strategy session, Svenson told his 81,300 YouTube subscribers that based on historical precedent, the TOTAL3 chart could soon see an astronomical breakthrough. The TOTAL3 chart tracks the market capitalization of all cryptocurrency assets except Bitcoin (BTC), Ethereum (ETH), and stablecoins. “(In 2021) Bitcoin has reached a really high price and is just starting to cut. And while it was being cut down, TOTAL3 went to the moon.” Source: Kevin Svenson/YouTube Svensson predicts that alts’ most explosive season will begin…
This article is also available in Spanish. Bitcoin price failed to stay above $100,000. BTC is correcting its gains and may struggle to stay above the $96,000 support area. Bitcoin began a new downtrend at the $102,500 resistance zone. The price is trading below $100,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the connecting bullish trendline with support at $98,500. If it stays above the $95,500 support zone, further upside could begin. Bitcoin price falls below $100,000 Bitcoin price began a significant uptrend above…
Canada-based Sol Strategies has raised more capital for its SOL investment. Crypto VCs predicted optimistic results for SOL once the ETF is approved. Solana (SOL) MicroStrategy equivalent Sol Strategies has secured CAD $25M (approximately USD $17.4M) in credits for revamping its SOL token purchase and staking service. Part of a statement from the Canada-based company read, “The company plans to deploy these tokens across key focus areas within the Solana ecosystem, including decentralized finance protocols, validator operations, and providing strategic liquidity for emerging Solana-based projects.” SOL ETF expectations Institutional interest in layer 1 platforms could explode in the US market…
news publisher January 8, 2025 09:27 Xviral integrates gaming, e-commerce, and cryptocurrency into its social platform. Users can acquire and secure data. The hybrid design integrates centralized and decentralized aspects for increased productivity, and launched tokens on the Solana blockchain in January 2025 for community engagement and fair distribution. Blockchain.news recently broke the news about a new social media platform taking shape in Ghana. This has generated quite a bit of enthusiasm and excitement in the web3 community both locally and further afield. Our reporter caught up with Xviral’s chief architect, nicknamed “Password”, to…
Dogecoin (DOGE) price fell approximately 11.75% in the last 24 hours, reaching $0.352 on January 8. Memecoin’s plunge is part of an overall cryptocurrency market decline driven by Bitcoin’s sub-$100,000 yield.DOGE/USD vs BTC/USD 4-hour price chart. Source: TradingViewKey factors driving Dogecoin and the broader cryptocurrency market lower include stronger-than-expected US economic data and a general consolidation pattern on the DOGE price chart.Strong US Economic Data Drives DOGE Sell-OffDogecoin’s losses today coincided with a selloff across risk markets, including US stocks, which snapped a two-day winning streak. The decline came as traders gave up expectations of a Federal Reserve interest rate…