News Explorer — Ethereum's Negative Netflow Signals Potential Bullish Sentiment

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Nov 4, 12:43 pm

Decrypt

Ethereum's Negative Netflow Signals Potential Bullish Sentiment

Ethereum's recent negative netflow of -$359 million suggests investors are moving the cryptocurrency from exchanges to private wallets, potentially indicating a bullish sentiment and long-term holding strategy. Previous instances of major outflows were followed by price surges, hinting at a possible rebound in Ethereum's value.

Ethereum's recent negative netflow of -$359 million suggests investors are moving the cryptocurrency from exchanges to private wallets, potentially indicating a bullish sentiment and long-term holding strategy. Previous instances of major outflows were followed by price surges, hinting at a possible rebound in Ethereum's value.

Latest

Nov 4, 11:01 pm

Decrypt

Sanctions Imposed on North Korean Bankers for Allegedly Laundering Stolen Crypto to Pay for Weapons Programs

The U.S. Treasury Department imposed sanctions on expat North Korean bankers for allegedly laundering stolen crypto to s... Read Summary

Nov 4, 8:29 pm

Decrypt

Zcash Privacy Features Make It an Enticing Alternative to Bitcoin Amid Concerns Over Transparency, Surveillance

Zcash, a privacy-focused cryptocurrency, is gaining recognition as an alternative to Bitcoin due to its zero-knowledge p... Read Summary

Nov 4, 8:29 pm

Decrypt

Federal Appeals Judges Dubious of Sam Bankman-Fried Argument to Reverse His Fraud Conviction

During a court hearing in Manhattan, federal appeals judges expressed skepticism towards Sam Bankman-Fried's attempt to... Read Summary

Nov 4, 8:13 pm

Decrypt

MARA Hits Record High for Quarterly Revenue in Q3 as It Shifts to Become AI-focused Digital Infrastructure Firm

MARA, a publicly traded Bitcoin miner, reported its highest quarterly revenue of $252 million in Q3, marking a 92% year-... Read Summary

Nov 4, 7:45 pm

Decrypt

NIP Group Doubles Down on Bitcoin Mining to Increase Hash Rate, Expand Investments

NIP Group is expanding its Bitcoin mining operation to produce 160 BTC monthly, aiming to increase its hash rate to 11.3... Read Summary

Nov 4, 6:16 pm

Forbes

Bitcoin's White Paper, Now 17, Marked the Start of Its Evolution Into a $2 Trillion Asset

Bitcoin's white paper, turning 17, introduced proof of work and cryptography to solve double-spending. The network has evolved from CPU mining to global adoption, valued at over $2 trillion. Read Summary

Nov 4, 6:08 pm

Decrypt

IREN's Stock Spikes After Securing $9.7 Billion Deal With Microsoft, Highlighting Bitcoin Miners' AI Potential

Bernstein upgraded IREN's rating and price target after the company secured a $9.7 billion cloud services deal with Micr... Read Summary

Nov 4, 5:00 pm

Coindesk

Olas Launches Pearl V1, Empowering Users With Autonomous AI Agents and Data Ownership in Web3

Olas has introduced Pearl v1, a decentralized AI agent app store enabling users to manage autonomous AI agents with full... Read Summary

Nov 4, 5:00 pm

Coindesk

Chainlink's CRE Simplifies Smart Contract Deployment for Institutions Seeking Compliance and Data Integration

Chainlink has introduced the Chainlink Runtime Environment (CRE) to facilitate the deployment of smart contracts across... Read Summary

Nov 4, 3:57 pm

Blockworks

Financial Markets Actively Shape Reality, As Demonstrated by Brian Armstrong During a Coinbase Earnings Call

George Soros' theory of reflexivity explains how financial markets actively shape the reality they are meant to measure,... Read Summary

Nov 4, 1:58 pm

Unchained Crypto

Stream Finance Pauses Transactions After Reporting $93M Asset Loss

Deposits and withdrawals on DeFi platform Stream Finance were halted due to a $93 million asset loss reported by an exte... Read Summary

Nov 4, 12:43 pm

Decrypt

Ethereum's Negative Netflow Signals Potential Bullish Sentiment

Ethereum's recent negative netflow of -$359 million suggests investors are moving the cryptocurrency from exchanges to p... Read Summary

Nov 4, 12:23 pm

Decrypt

Dash, Zcash Lead Privacy Coin Surge Amid Broader Market Decline

Privacy tokens, including Dash, Decred, Horizen, and Secret, are experiencing significant gains amidst a broader digital... Read Summary

Nov 4, 9:47 am

Decrypt

Bitcoin Dives Under $104K as Ethereum, XRP and Other Alts Sink

The cryptocurrency market experienced a significant drop, with Bitcoin falling below $104,000, attributed to a DeFi cris... Read Summary

Nov 4, 4:56 am

Decrypt

Prosecutors Push for Five-year Prison Term for Samourai Wallet Founders

The U.S. government is seeking a maximum five-year prison sentence for the founders of Samourai Wallet, accusing them of... Read Summary