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Bitcoin BTC/USD Including mining stocks Marathon Digital Holdings Co., Ltd. Mara, Riot Platforms Inc. riot and Clean Spark Co., Ltd. CLSK Wednesday is down Bitcoin BTC/USD Falling back from recent highs. The decline came as a broad market decline led to capital outflows from Bitcoin exchange-traded funds (ETFs). What you need to know: On Tuesday, the Bitcoin ETF recorded net outflows of $79.09 million, ending a seven-day streak of inflows. While inflows to BlackRock's ETF were small at $42.9 million, outflows to ARK Invest's ETF were large at $134.7 million, contributing significantly to overall market outflows. Bitcoin fell 1.52% in…

Ethereum co-founder Vitalik Buterin has unveiled tentative plans, including The Verge, to improve Ethereum's proof-of-stake (PoS) system. This update aimed to make Ethereum node verification more accessible and faster for users. To address data storage, Buterin is looking to expand participation in blockchain networks. Many users need help running a full validation node as it requires a large amount of storage, which is not practical for many. As data grows, decentralization must be constrained by limiting the number of users who can operate a node. – Advertisement – However, Buterin's upgrade enhancements introduce stateless client validation, which alleviates these storage…

There hasn't been a bull market at all since then. In the intervening years, cryptocurrencies experienced a spectacular crash that embarrassed many celebrities who were paid to promote cryptocurrencies. Although its value has recovered since the crypto winter of 2022, it has not yet reached the level of the peak market capitalization in 2021. As of the last presidential election, supporters were at least able to sell the idea that cryptocurrencies represented the future of American technology and the cutting edge of Silicon Valley innovation. Today, artificial intelligence clearly occupies that space in its place, and blockchain is similar to…

It appears that the U. bears are returning to the crypto market today, with sentiment shifting slightly towards the negative. The market has been hit by a wave of large-scale liquidations, with almost $138 million gone in the past 24 hours. This latest trend is indicative of the increased volatility that continues to plague digital assets, impacting thousands of traders across various crypto exchanges. According to CoinGlass, 54,568 traders were liquidated during the recent market crash, with $30 million in short-term liquidations and a whopping $108 million in long-term liquidations. The single liquidation order occurred on the OKX cryptocurrency exchange…

Important points BRICS leaders advocate Bitcoin to circumvent Western sanctions at annual summit. President Putin called for an alternative currency to the dollar and emphasized the need for new economic cooperation. Share this article According to a Bloomberg Terminal report shared by Matthew Siegel, head of digital assets at VanEck, BRICS lawmakers say Russian miners are selling Bitcoin to overseas buyers and that countries are buying Bitcoin and other crypto assets. They insist that it be made available for import. As the BRICS summit gets underway, leading lawmakers are pushing the idea that Russian miners could sell their mines #bitcoin…

Ethereum currently faces short squeeze risk as indicated by the rising estimated leverage ratio (ELR), which serves as a key indicator of market sentiment. The rise in ELR over the past few months reflects an increase in the number of traders adopting highly leveraged short positions. Ethereum faces short squeeze risk CryptoQuant data shared by market analyst “ShayanBTC” suggests that traders are betting on further decline in ETH price as the bearish outlook continues. With leverage levels reaching worryingly high levels, the futures market appears to be overheating and Ethereum is at risk of a short squeeze. ETH has fallen…

Russian officials are reportedly discussing how to use Bitcoin (BTC) to conduct international trade outside of the US dollar system. According to a Bloomberg report shared by Matthew Siegel, head of digital assets at VanEck, a Russian mining company sold its BTC to overseas buyers and used the coins to pay for imports, effectively eliminating sanctions. It is said that influential politicians are promoting the idea that it can be avoided. Russia has already made several moves this year to withstand economic sanctions, including allowing the use of cryptocurrencies in international trade and working to launch its own crypto exchange…

Why is blockchain development still a challenge for many companies and developers? Despite the rise of decentralized applications, coding blockchain remains a complex process, hindering widespread adoption . Qubetics addresses this issue with its innovative QubeQode IDE, offering a more accessible approach to blockchain development. Alongside established projects such as Ethereum, Monero, Stellar, and BNB, Qubetics is poised to make a big impact. In this article, we explore the recent trends in these four coins and why the Qubetics presale, which promises huge profits, creates a strong sense of urgency for investors.Qubetics: Streamline blockchain development with QubeQode IDEQubetics is revolutionizing…

A $16 million pyramid scheme in Austria that tricked 40,000 victims into investing in real estate and cryptocurrencies, forcing perpetrators to spend tens of thousands of euros on luxury cars, private jets, prostitutes, sharks and more. Five people were jailed for their involvement. tank. The Daily Mail reported that 11 suspects from Austria, Croatia and Italy were tried for 60 days in the Klagenfurt District Court in what was billed as the largest fraud trial in Austria's history. The defendants, who also include the 24-year-old son-in-law of an unnamed celebrity, are accused of guaranteeing huge profits to investors when they…

Ethereum co-founder Vitalik Buterin outlined the major updates in a recent blog post titled “Future Potential for the Ethereum Protocol, Part 4: The Verge.” The Ethereum co-founder explains how The Verge is primarily aimed at improving the efficiency of the Ethereum blockchain. In a recent blog post, Vitalik Buterin Ethereum's co-founder shared an update on “The Verge,” a stage aimed at incorporating stateless clients and Verkle trees into the network. Vitalik showed upgrade milestones called Surge, Scourge, Verge, Purge, and Splurge. merge Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-State (PoS) consensus mechanism in 2022. Surge is designed to achieve 100,000…