On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC leading, capturing $379 million on Tuesday. U.S. Spot Bitcoin ETFs Secure Over $61 Billion in BTC Holdings Spot bitcoin ETFs have been experiencing daily inflows…
[PRESS RELEASE – Zug, Switzerland, June 5th, 2024] The innovative AI Learning Ecosystem will be unveiled at the highly anticipated Crypto Valley Conference 2024. This groundbreaking event, hosted by the Crypto Valley Association, will take place on June 6-7, 2024, in Zug, Switzerland, and will also be available online at cryptovalleyconference.com. Dr. Wulf Kaal, a…
Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading cryptocurrency must reach $84,740 per coin to match silver’s current $1.67 trillion valuation. Bitcoin Is Now in 9th Place Among the World’s Largest…
The $7.5 significant resistance region recently halted Polkadot’s bullish momentum, resulting in a 12% decline. Nevertheless, DOT’s price action hints at the continuation of the mid-term consolidation stage. Technical Analysis By Shayan The Daily Chart A detailed examination of Polkadot’s daily chart reveals an uncertain sentiment, with the price showcasing a prolonged period of sideways…
Paolo Ardoino, CEO of Tether, has issued a warning about a possible security breach involving a prominent email vendor frequently used by cryptocurrency companies. CoinGecko’s co-founder and COO, Bobby Ong, supported the caution, noting that the cryptocurrency data platform’s newsletter service might also be affected. Email Vendor Compromise In a post on X, Ardoino stated…
Bitcoin’s price seems to be on the verge of creating a new all-time high, as only one significant resistance zone is standing in its way. Technical Analysis By TradingRage The Daily Chart The price has been tested to the higher boundary of the large descending channel and the $69K resistance level in the daily timeframe.…
The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will reduce the number of SEC regional offices from 11 to 10. The jurisdiction for Utah, previously held by SLRO, will now be managed by the…
With the market recovering, meme coins are back in the spotlight. In what follows, we are looking at SHIB, WIF, and FLOKI. Meme Coins to Watch Shiba Inu (SHIB) SHIB’s price managed to close the past 24 hours with a 8% price increase which shows buyers are again in this meme coin once again. After…
After a long correction, SHIB is giving clear signs it wants to go higher. Key Support levels: $0.000025Â Key Resistance levels: $0.000030 1. SHIB Making Higher Highs In late May, SHIB made a higher high and a lower high in early June. This signals that an uptrend might be about to start. This would not…
Bitcoin, priced at $70,875, has exhibited strong bullish trends within the last 24 hours, with intraday prices ranging from $68,819 to $71,339. The cryptocurrency boasts a market capitalization of $1.39 trillion and a 24-hour trade volume of $37.14 billion. Analyzing the 1-hour, 4-hour, and daily charts alongside oscillators and moving averages indicates continued positive momentum,…