[ad_1] Este artículo también está disponible en español. The spot Bitcoin ETFs (exchange-traded funds) in the United States have recorded their first net outflow day in the past seven days. This negative single-day performance ended what was another impressive weekly outing for the crypto investment products. Bitcoin ETFs Shine While Ethereum ETFs Continue To Struggle After a strong performance throughout the month of October, the US-based spot Bitcoin ETFs didn’t register a perfect start to November. According to data from SoSoValue, the BTC exchange-traded funds posted a net outflow of $54.9 million on Friday, November 1. Breaking down the data,…
Author: dfrancis36
[ad_1] “Police are inevitably corrupted.” A quote from Frank Herbert’s novel God Emperor of Dune may hold true in the case of a group of cops in Thailand who allegedly prey on foreign nationals to extort money. A Chinese-Vanuatu expat who filed a complaint at Thailand’s law enforcement agency said that the extortionist cops coerced him to give the police officers cryptocurrencies worth at least $165,000. Thailand: 7 Corrupt Cops Arrested The Thai authorities on Wednesday announced that they have arrested seven suspects involved in extorting digital currency from Sai. The arrested police officers were Police Lieutenant Colonel Chanachai, Police…
[ad_1] Este artículo también está disponible en español. World Liberty Financial, a decentralized finance (DeFi) initiative endorsed by former President Donald Trump, has disclosed that its ambitious $300 million crypto token offering is largely aimed at international investors. To date, fewer than 350 US investors have engaged with the project, raising questions about its domestic appeal amidst a landscape of regulatory scrutiny led by the US Securities and Exchange Commission (SEC). World Liberty Financial’s Offshore Focus Operating out of Wilmington, Delaware, yet managed from Puerto Rico, World Liberty recently filed a notice with American regulatory bodies, announcing its intent to…
[ad_1] Craig Wright, the discredited “self-proclaimed” Bitcoin creator Satoshi Nakamoto, faces another legal hurdle. According to multiple reports, a UK court has filed contempt of court charges against Wright. The filing is based on Wright’s £911 million ($1.1 billion) complaint he filed against Block’s Square Up Europe Limited. The charge is the latest twist in the Craig Wright saga, which captured the imagination of the crypto community with his statement that he’s “the real Satoshi Nakamoto.” The High Court of England and Wales has already shut down Wright’s arguments. The court subsequently mandated an injunction on Wright, therefore barring him…
[ad_1] Este artículo también está disponible en español. Remember the viral statement of Jim Cramer over Solana and other meme coins? In 2022, CNBC anchor Jim Cramer called Solana, Litecoin, and other meme coins “idiot investments.” Related Reading In a CNBC show dated December 9th, 2022, he added that Dogecoin, Solana, and XRP are “cons” and insisted that people should put their money on stocks of the same size. During this time, Solana is trading at $11, with a market capitalization below $5 billion. Today, Solana is trading at the $168 level, with a market cap exceeding $82.5 billion. In…
[ad_1] The Shiba Inu price movement has been marked by ups and downs in the past seven days. Particularly, the meme coin rallied from $0.00001660 to $0.00001996 in three days before dropping sharply to $0.00001770 in the three days after. This volatile Shiba Inu price action resulted in a fluctuating profitability for many SHIB addresses, with some holders briefly seeing gains before the downturn pushed a significant number back into loss territory. According to data from on-chain analytics platform IntoTheBlock (ITB), the sharp drop in the Shiba Inu price has seen about 44% of holders now in losses. Fluctuating Shiba…
[ad_1] Este artículo también está disponible en español. A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises To $3.8 Billion One of the standout metrics from the report is the growth of Solana’s Total Value Locked (TVL) in decentralized finance (DeFi), which rose by 26% quarter-over-quarter (QoQ) to reach $5.7 billion. This growth positioned…
[ad_1] Este artículo también está disponible en español. A top executive of a New York-based global investment firm made an audacious claim that Bitcoin breaching the six-figure price will happen very soon. SkyBridge Capital founder Anthony Scaramucci said that in the next two years, BTC will be traded at $176,000, joining other crypto investors who believed that the oldest cryptocurrency is ripe for a six-figure price per coin. Related Reading Bitcoin To Rally Threefold Scaramucci hailed the alpha crypto asset for sustaining a price surge in only a short period, adding that it sees the digital asset to further surge…
[ad_1] Crypto analyst Trader Tardigrade has highlighted a bullish pattern in which the Dogecoin price formed in previous bull cycles. Based on this, the analyst raised the possibility of the foremost meme coin rising to as high as $10. Dogecoin Price Repeats Falling Wedge Pattern Trader Tardigrade revealed in an X post that the Dogecoin price had repeated a falling wedge pattern on the monthly chart. He added that a parabolic move is set to follow the falling wedge breakout. His accompanying chart showed that Dogecoin could rally to $10 as this parabolic move occurs. Source: X The Dogecoin price…
[ad_1] Este artículo también está disponible en español. The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day. This massive token burn, as reported by the Shibburn tracking platform, coincides with a notable uptick in Shibarium transactions. Considering the significant volume of tokens burned in these large-scale SHIB transactions, this development could potentially serve as a catalyst for a rally, propelling the Shiba Inu price towards the $0.00008 milestone. Shiba Inu Burn Rate And Shibarium Transactions Skyrocket The Shiba Inu community has been filled with optimism as reports of an increase in…