Global cryptocurrency funds saw record inflows of $2.45 billion last week, an unusual spike that indicated a sharp increase in investor interest. Due to this inflow, the total assets under management (AUM) has surged to levels not seen since December 2021, indicating a robust recovery in the cryptocurrency market. Record $2.45 billion in inflows propel … Read more
An unidentified hacker gained access to Fixedfloat, an automated cryptocurrency exchange, and stole about $26 million in Bitcoin and Ethereum. The exchange is looking into the incident and trying to close any potential weaknesses; it has already recognized the hack. Until further notice, Fixedfloat’s platform is still closed. $26 million in ETH and BTC are … Read more
The Worldcoin project’s WLD token surged 142.7% this week against the US dollar, topping the leaderboard as the biggest gainer of the week. The digital currency bitget token (BGB), which had a rise of slightly more than 58% in the previous week, was right behind it. On the other hand, Astar (ASTR) dropped 6.4%, which … Read more
Many market observers and cryptocurrency fans are interested in knowing if there will be a brief drop in price before to the upcoming fourth halving event of the Bitcoin network. In the past, the value of bitcoin has increased six to seven months before reward halvings, but there has also always been a notable decline … Read more
According to a recent article, a number of cryptocurrency mining companies looking to open operations are showing interest in working with Denton Municipal power (DME), a community-driven nonprofit power provider in Texas. These businesses are looking to power their mining operations with a five-year agreement. Talks Between Texas’ Denton Municipal Electric and an Unidentified Crypto … Read more
The CEO of Sound Planning Group has projected a significant increase in the price of bitcoin, saying that it is set for “a serious rally.” He said that the adoption of spot bitcoin exchange-traded funds (ETFs) and the impending Bitcoin halving would be the main drivers of his optimistic forecast for the price of the … Read more
Wealthy Father, Poor Father According to author Robert Kiyosaki, gold will plummet below $1,200, but silver and bitcoin will soar. In his book from years ago, he predicted the “biggest crash in history,” and now he is urging investors to get ready for it. He counseled: “Rather than trust the Fed, I prefer to trust … Read more
The nine recently launched spot bitcoin exchange-traded funds (ETFs) have amassed an astounding 264,232.74 bitcoin in just 37 days, which, at current exchange rates, is worth $13.5 billion. With 115,989.80 bitcoins in its holdings, Blackrock’s IBIT ETF leads the field and possesses a sizable 43% of the total. Nine New ETFs Secure $13.5B in Bitcoin, … Read more
Dave Portnoy, the owner of Barstool Sports, is suffering from severe cryptocurrency remorse and wishes he hadn’t sold his bitcoin. Additionally, he wishes Barstool, his company, had made a $10 million cryptocurrency investment. “I’m really upset with myself over bitcoin. I should have about 75% more bitcoin now,” he emphasized. But Portnoy told Michael Saylor, … Read more
To strengthen security in Web3 environments, Telefonica, one of the biggest telecom corporations in the world, has teamed up with Chainlink, a decentralized oracle provider. With the use of Telefonica’s SIM Swap API implementation and Chainlink features, Polygon apps would be able to determine whether a phone’s SIM has changed within a specific time frame. … Read more