Day: March 23, 2024

Rebel Satoshi’s new token shines amid upswing on Avalanche, Aptos

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.  In 2024, Avalanche and Aptos have seen impressive gains of 39% and 61% respectively, with experts predicting continued growth, while Rebel Satoshi’s RECQ emerges as a top investment. Avalanche (AVAX) and Aptos (APT) have performed impressively thus far in 2024. As a result, investors have started eyeing investments in these top altcoins. However, experts recommend investing in Rebel Satoshi’s RECQ token, which recently started its public presale.  Avalanche jumps…

March Sees Nearly $1 Billion In Ethereum Netflow To Centralized Exchanges

boss

The price of Ethereum has not exactly lived up to its promise as the month has gone on, despite a stellar start to the month. While this bearish pressure has been widespread in the general cryptocurrency market, regulation uncertainty has been an additional concern for ETH, igniting a negative sentiment around the “king of altcoins.” Interestingly, the latest on-chain revelation shows a substantial amount of Ethereum has made its way to exchanges so far in March, suggesting that investors might be losing confidence in the long-term promise of the cryptocurrency.…

Electric Capital to address cross-chain cnalytical data challenges with new NFT venture

Electric Capital, a web3 venture capital firm, is delving into the analytical aspect of the NFT market to address two unresolved issues. In an X thread on Mar. 22, Electric Capital founder Avichal Garg unveiled a new analytical platform designed to address the scarcity of cross-chain data and transparency within the turnover of digital collectibles. 1/ Announcing NFT Pulse!https://t.co/rcIdebM3Q2 At @ElectricCapital we kept asking NFT questions but had 2 problems:A. data sources were susB. data was not cross chain We built a v1 on @AlliumLabs data & are opening the…

WisdomTree receives crypto custody launch approval from NYDFS

WisdomTree has received a license from the NYDFS, allowing it to offer cryptocurrency-related products and services. Under New York State banking laws, asset manager WisdomTree has received approval from the NYDFS to operate as a limited liability trust company.With the permission, a WisdomTree Digital Trust Company subsidiary can offer local clients services for storing cryptocurrencies, issuing stablecoins, and managing the latter’s reserves. The license will allow the firm to launch a mobile application focused on personal finance, WisdomTree Prime. The company plans to offer dollar- and gold-pegged stablecoins WisdomTree Dollar…

9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone

boss

In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ETFs are short of 25,636.45 coins to hit the 500,000 milestone. Excluding GBTC, Fidelity’s FBTC and Blackrock’s IBIT Dominate Bitcoin ETFs In […] Original

Bitcoin ETFs see a fifth consecutive day of net outflow 

boss

Spot Bitcoin exchange-traded funds (ETFs) reported total net outflows of $51.6 million on Friday, marking the fifth day of consistent withdrawals.  Among these, the Grayscale ETF (GBTC) experienced a substantial single-day net outflow of $169 million. In contrast, the BlackRock ETF (IBIT) and Fidelity ETF (FBTC) saw modest single-day net inflows of $18.89 million and $18.13 million, respectively, both reaching two-day record lows. Despite this downward trend, there’s a silver lining as the rate of outflows appears to be decelerating. The most significant drop happened on Tuesday, with over $323…

Ethereum Drops Below The 100-Day Moving Average

boss

The crypto market is experiencing a pullback after Bitcoin, the leading cryptocurrency, reached a new all-time high. However, Ethereum (ETH) is not left out in this downward move. After setting a new yearly high of $4,094, the price of Ethereum has been moving downward and this has led to the price trading below the 100-day Moving Average (MA) both in the 1-hour and 4-hour timeframes, but this is not so in the daily timeframe.  Will the price continue downward or will it change direction and start moving upward? At the…

Is the IDF weaponizing blockchain? Are cartels paying ransomware on the dark web? #hearsay

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Welcome to #hearsay, Dorian Batycka’s weekly crypto gossip column. This week’s edition brings you a small dose of dark web cartels, a potential blockchain interface for the Israel Defense Force (IDF), and one NFT collector’s hilarious flex fail. Every week, crypto.news brings you #hashtag hearsay, a gossip column of scoops and stories shaping the crypto world. If you have a tip, email Dorian Batycka at [email protected] Question:…