Conspiracy theories and scam rumors are widespread in the cryptocurrency industry, but basic market knowledge is sometimes lacking among retail traders who get most of their information from social media.Recently, some prominent cryptocurrency market analysts have identified so-called “Binance manipulators” who have been extremely active in Bitcoin (BTC) futures trading. This entity is believed to be one of the main reasons why Bitcoin was rejected at $66,000 and retested the $63,500 support level today.While there is undeniable evidence that large-scale offers and transactions existed, a number of unsubstantiated and flawed assumptions contribute to the belief that this entity was attempting…
Author: Crypto Flexs
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The U.S. spot Bitcoin exchange-traded fund (ETF) recorded net inflows of $61.3 million on Monday, extending its streak of positive flows to eight days.BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, saw $72.15 million in inflows into its product, according to SosoValue. data. Fidelity’s FBTC reported net inflows of $8.32 million. Ark and 21Shares’ ARKB recorded net outflows of $9.5 million on Monday, after recording significant inflows of $203.07 million last Friday. Bitwise’s BITB recorded daily net outflow of $9.67 million. Grayscale’s GBTC recorded zero flows on Monday after recording rare daily inflows of $26.15 million on Friday.…
According to Coinbase, Ethereum network transaction fees have risen significantly over the past two weeks due to a surge in on-chain activity.According to Coinbase’s weekly report released on September 27, from September 16 to September 26, average Ethereum gas fees were 498% higher than the monthly average, with median transaction costs rising to $1.69 from $0.09 at the beginning of the month. . . Ethereum transaction fees and ETH transfer volumeCoinbase analysts David Duong and David Han said the surge in transaction fees was due to a surge in on-chain activity on Ethereum.“There was no single driver for the increase…
Alvin Lang September 30, 2024 20:43 Robinhood Markets, Inc. expects to issue an earnings call on October 30, 2024, following the release of its third quarter 2024 financial results. Robinhood Markets, Inc. (NASDAQ: HOOD) announced that it will release its third quarter 2024 financial results on Wednesday, October 30, 2024, after the market close. The announcement was made public via a press release from GlobeNewswire. Revenue currency details The earnings conference call will be held on the same day at 2:00 PM Pacific Time/5:00 PM Eastern Time. The call will be webcast live and…
The baby hippopotamus-style Mudeng meme coin has soared 130,000% since its launch. The untimely selling action would set the trader back $6.3 million in unrealized profits. Meme Coin division achieved 20% capital growth in one week. Last week’s meme coin bonanza revealed several triple-digit winners, with some large traders falling victim to wild meme coin price fluctuations. One of the latest examples is the viral meme involving Moo Deng, a happy baby hippopotamus that entered the blockchain realm of Solana (SOL).SOL Trader Purchases MOODENG Upon Launch$MOODENG quickly gained popularity within a few days of being mined on Solana. The coin…
Jerry Brito, founding executive director of Coin Center, a cryptocurrency advocacy and research organization, will step down by the end of the year, he said in a post on the group’s website, adding that he would retain his board seat. .
According to Coinbase, Ethereum network transaction fees have risen significantly over the past two weeks due to a surge in on-chain activity.According to Coinbase’s weekly report released on September 27, from September 16 to September 26, average Ethereum gas fees were 498% higher than the monthly average, with median transaction costs rising to $1.69 from $0.09 at the beginning of the month. . . Ethereum transaction fees and ETH transfer volumeCoinbase analysts David Duong and David Han said the surge in transaction fees was due to a surge in on-chain activity on Ethereum.“There was no single driver for the increase…
join us telegram A channel to stay up to date on breaking news coverage Offering a fresh and unique concept as a voting revenue platform, Flockerz has already raised over $326,000 in pre-sales with its newly launched meme coin. In the fast-paced player-versus-player environment of meme coins, where important decisions are typically controlled by a few, Flockerz flips the script by giving its community, ‘The Flock’, the power to push the project forward. At the heart of Flockerz is FlockTopia, an innovative decentralized autonomous organization (DAO) where every token holder not only has a say, but is also rewarded through…
join us telegram A channel to stay up to date on breaking news coverage Popular cryptocurrency YouTuber Crypto Boy reviewed the Crypto All-Stars presale, which successfully raised an impressive amount of $1.8 million for $STARS tokens. This initiative stands out as it introduces the first integrated staking protocol for meme coins, allowing users to earn passive income by staking their tokens on a single platform. Interest in this project is expected to increase further, and as it gains momentum and prepares for listing on the exchange, more investors, including whales, are expected to join. The current pre-sale price for Crypto…
Jerry Brito, who helped found the Coin Center, a nonprofit research and advocacy group, is resigning at the end of the year.Coin Center’s senior policy advisor, Robin Weisman, is also resigning, Brito said. mail On Monday. Both will remain on the organization’s board of directors and will advise the team moving forward, Brito said.“I am very proud of what we have accomplished over the past 10 years and will be leaving my role at Coin Center,” Brito said. “When we started in 2014, it wasn’t clear whether governments would allow Bitcoin to flourish. Bitcoin and cryptocurrencies are technically unstoppable, but…