Day: September 28, 2024

Bitcoin Breaks $65K, $365M In Spot ETF Inflows Fueling The Rally

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Este artículo también está disponible en español. Bitcoin has been the subject of recent media attention, not only due to its price increase above $65,000 but also due to the extraordinary inflows into spot Bitcoin ETFs. These inflows, according to Farside Investors, have reached a remarkable $365 million as of September 26, 2024, which is indicative of the increasing institutional interest in the cryptocurrency market. Related Reading Record Inflows Amid Market Optimism The biggest daily flow for the month came from BlackRock’s Bitcoin ETF, which surged about $184 million on…

Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme

Crypto platform Zort’s CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying ‘active duty’ law enforcement $280,000 per month,” according to the authorities. Crypto Platform CEO […] Source CryptoX Portal

Shiba Inu Breakout Eyes $0.00002631 Level After Rallying Over 19%

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Shiba Inu is experiencing a notable price breakout, surging over 19% and positioning itself toward the critical resistance level of $0.00002631. This significant rally indicates a shift in market momentum, characterized by robust buying pressure and increased trading volume. Technical indicators suggest that SHIB is establishing a bullish trend, with key support levels solidifying its upward trajectory.  As Shiba Inu approaches this pivotal resistance zone, we will navigate its recent 19% breakout and its approach toward the critical resistance level of $0.00002631. By examining the underlying technical indicators, market sentiment,…