Digital asset manager CoinShares said institutional investors poured hundreds of millions of dollars into cryptocurrency investment vehicles last week despite selling pressure across the market. CoinShares said in its latest Digital Asset Fund Flows report that institutional cryptocurrency investment products saw net inflows of $308 million last week. “Digital asset investment products recorded inflows totaling $308 million last week, but this overshadows the largest single-day outflow of $576 million on December 19, with total outflows over the last two days of last week reaching $1 billion. It’s reached. .” Source: CoinShares Last week’s hawkish Federal Open Market Committee (FOMC) announcement…
Author: Crypto Flexs
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Timothy Morano December 24, 2024 10:29 BitMEX has switched its marking method for HYPEUSDTZ25 to fair price marking using a new index that integrates market data from Gate.io, Kucoin, and Bitget. BitMEX has announced that the marking method for the HYPEUSDTZ25 trading pair will switch to a fair price marking system starting December 24, 2024, at 06:05 UTC. According to BitMEX, this adjustment is part of BitMEX’s ongoing efforts to improve trading transparency and accuracy. Introduction of strong indices The transition to fair price marking was facilitated by the development of a new index…
join us telegram A channel to stay up to date on breaking news coverage Despite rising 2% in the last 24 hours, the price of Pepe has fallen 24% over the past week, trading at $0.00001793 as of 3:45 AM EST, with volume down 11% to $2.4 billion. Pepe price prediction The Pepe price appears to be very volatile right now, but many meme coin traders and investors want to know where it will go in the future. The Bollinger Bands of the project have started narrowing in the last few hours, indicating growing uncertainty for traders. However, this could…
LUNC will burn 19.67 million tokens daily to support recovery and burn 394 billion tokens to reduce 5.5T supply. LUNC price stabilizes near $0.00011 due to reduced market activity, cautious trading, and mixed momentum. Terra Luna Classic (LUNC) The ecosystem continued its aggressive token burn strategy, recording a daily total of 19,674,564 tokens burned on December 22, 2024. According to data from LUNC Burn TrackerThis consists of 7,265,976 tokens burned from wallets and an additional 12,408,588 tokens burned through the on-chain mechanism. LUNC burned over 394 billion tokens, reducing the supply of the 5.5 trillion tokens in circulation. These burn…
Rebecca Moen December 24, 2024 09:20 Learn how Voice AI is reshaping communication, education, and accessibility, delivering intuitive technology experiences around the world. Learn about its potential and the need for responsible use. Voice AI: Bridging the Communication Gap Voice AI technology is set to revolutionize the way we interact with the digital world, making it more intuitive and accessible to users around the world. According to ElevenLabs, the natural ability of the human voice to make technology familiar is a key factor in this change. Because machines sound natural, they can convey knowledge…
Scammers pretend to be inexperienced cryptocurrency users and post seed phrases online for wallets that they believe are full of funds. This plan is a trap. When someone else tries to access your wallet to steal your funds, scammers take advantage of their attempts to steal your cryptocurrency instead.“Scammers have invented a new tactic: They use newly created accounts to post cryptocurrency wallet seed phrases in YouTube comments,” Mikhail Sytnik, an analyst at cybersecurity firm Kaspersky, said in a Dec. 23 blog post.Researchers discovered a comment from a user on a finance video asking how to transfer Tether (USDT) from…
Chainwire, Seoul, South Korea, December 24, 2024 Inspired by Korea’s popular spicy chicken dish ‘buldak’, Pepe Buldak ($BUL) presents a unique concept that combines the global appeal of the meme with elements of Korean culture. Leveraging the awareness of ‘Buldak’ and combining the word-of-mouth appeal of the ‘Pepe’ meme coin, the project gained global attention, raising over $2 million in the pre-sale phase and becoming popular in Korea, Asia, and other regions. I dragged it. Highlighting Korean cuisine and culture Although ‘buldak’ is widely associated with ramen, its origins as a traditional spicy chicken dish are not well known internationally.…
While Ethereum (ETH) has once again failed to break the stubborn $4,000 resistance level, BlackRock’s iShares Ethereum Trust ETF has quietly accumulated over $1 million of ETH. This milestone reflects strong institutional demand for Ethereum despite price performance remaining weak in 2024. Institutional interest in Ethereum is increasing. Ethereum, the second-largest cryptocurrency by year-to-date (YTD) market capitalization, has risen 43% from around $2,280 on January 1st to $3,283 at the time of this writing. While this is noteworthy, ETH’s performance has been overshadowed by other cryptocurrencies such as XRP, Solana (SOL), and SUI, which have recorded much higher gains over…
james ding December 24, 2024 07:15 BitMEX launches XBTG25, a new Bitcoin futures contract that will be available starting December 24, 2024. The contract expires on February 28, 2025, expanding trading options for investors. BitMEX announced the launch of a new Bitcoin (XBT) futures contract called XBTG25. This contract became tradable on December 24, 2024 at 04:00 UTC, underlined and with margin in Bitcoin. The XBTG25 contract is scheduled to expire on February 28, 2025, providing traders with a new opportunity to participate in Bitcoin futures. Details of the XBTG25 futures contract The XBTG25…
According to on-chain analyst Eugene, Cosmos network developers transferred 295.3 bitcoins. This is the first large-scale transfer in about two years. At the current price of $94,410.82, 295.3 Bitcoin (BTC) is worth approximately $27.8 million. Eugene explained that some of the BTC sold during the recent decline is likely to be funds raised during the Cosmos ICO in 2017, when Cosmos received large contributions from BTC and Ethereum (ETH). This new transfer is not the only one this year, as Cosmos developers also transferred $10.16 million to ETH on November 22nd of this year. Now the developers have sold 295.3…