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In the absence of retail trader FOMO and the use of high leverage, Bitcoin price surges above $50,300. Cointelegraph elaborates on the significance of this development. Bitcoin (BTC) rises to $49,752, marking a 17.5% increase in the past week and crossing $50,000 for the first time since December 2021. This surge is partly fueled by…
quick take It’s anticipated that the majority of significant crypto firms will once more refrain from advertising during the upcoming big game, marking the second consecutive year of silence since the remarkable year for crypto ads in 2022. Bitcoin ETF providers BlackRock and Grayscale won’t be advertising either, as their ETFs gained approval after commercial…
The third-highest day of inflows for spot Bitcoin ETFs occurred as Bitcoin’s price surged past $46,000, reaching a new multiweek peak, coming close to but staying $2,000 below its yearly highs. On February 8th, spot Bitcoin exchange-traded funds (ETFs) experienced their third-largest surge, reaching a substantial £403 million influx. This surge occurred despite over £100…
On the same day as the third-largest inflow for spot BTC ETFs, Bitcoin’s price surged past $46,000, reaching a fresh multiweek peak, coming within £2,000 of new yearly highs. On February 8th, spot Bitcoin exchange-traded funds (ETFs) saw their third-largest surge, totaling £403 million. This significant inflow occurred despite over £100 million exiting the Grayscale…
Sota Watanabe, the founder of Astar (ASTR), recently announced that the company will roll out the second version of its token economy next week. This update aims to significantly reduce inflation and boost the burn rate. In his statement, Watanabe shared, “dApp staking v3 is coming next week. This means that the second version of…
in brief The disconnect between Musk’s tweets and DOGE’s price movement has been significant. DOGE still holds relevance due to its origins and widespread popularity. While Dogecoin (DOGE) holds the title of being the “original memecoin” and the largest token in this category of cryptocurrencies, its shaky fundamentals are beginning to challenge its dominance. The…
Phishing attacks have caused significant damage in the crypto industry. In an effort to tackle cyber fraud, the National Fraud Intelligence Bureau (NFIB) in the United Kingdom has taken action by blocking 43 web domains linked to fraudulent activities. Led by the City of London Police, this initiative comes after the identification of a spoof…
According to the crypto analytics firm IntoTheBlock, Ethereum (ETH) experienced a significant exodus from centralized exchanges this week, potentially alleviating selling pressure on the ETH market. Lucas Outumuro, the head of research at IntoTheBlock, conducted a thorough analysis of Ethereum’s netflows, which gauge the movement of ETH into and out of centralized crypto exchanges by…
quick take Justin Sun has executed a significant HT token burn. it is a component of his larger strategy to overhaul the HT token. Sun aims for HT to evolve into “a meme token devoid of any actual control by individuals.” On Saturday, TRON founder Justin Sun revealed the most recent burn of Huobi Token…
Steven Nerayoff, a crypto expert and former Ethereum advisor, has expressed worries regarding the extent of Chinese influence and control within the Ethereum ecosystem. Nerayoff contends that the substantial control of tokens by the Chinese Communist Party represents a notable threat to the entire cryptocurrency sector. China’s Strong Connections with Ethereum Steven Nerayoff has brought…