‼️ Strange withdrawal of capital from the gold ETF fund

⚪️ In a strange incident, billions of dollars of capital have been withdrawn from gold ETF funds, which is a trend opposite to Bitcoin ETF funds. Since the start of 2024, $2.4 billion has been withdrawn from 14 gold ETFs. However, it is said that it is unlikely that all gold ETF investors have necessarily migrated to Bitcoin ETFs, only because of FOMO in the US stock market.
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▶️Coin Mayro meme was listed on coinone🪙 exchange.
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JUST IN: Jeff Bezos sells another $2 billion worth of Amazon stock with a total of $6 billion $AMZN shares sold over the last week.

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btc 🧐
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btc
yes 👍
no ❤️
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#BTCUSDT 4h 💸📌
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🔊Adam Beck predicts Bitcoin may reach $700,000.‼️

Adam Beck, CEO of Blockstream and one of the key players in the crypto space, has hinted that Bitcoin could reach a staggering $700,000.

This bold prediction is based on the assumption that Bitcoin has the ability to compete with gold's $13.5 trillion market cap.

Beck's analysis is based on a significant shift of investments from gold to Bitcoin, which suggests that the two assets may become the same value.

This shift not only underscores the growing appeal of Bitcoin, but also indicates a possible decline in gold-based investments.

15 Feb 2024 / 26 Bahman 1402. 6

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Dogwifhat coin meme reached the market cap of 460 million dollars
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The United States is investigating vulnerabilities in the iOS version of TrustWallet

The National Institute of Technology and Standards, a non-regulatory agency in the United States responsible for setting cybersecurity standards in the country, has discovered a potential vulnerability in the iOS version of the Binance wallet trust. This vulnerability was recently added to the CVE database and indicates serious problems that could cause harm to users. According to this information, attackers have already used this vulnerability. In the course of several exploits in 2023, more than 4 million dollars were stolen from Trust Wallet users' assets. A Binance spokesperson said that this wallet is now a separate legal entity and operates independently of Binance. / Source

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Analysis of #Bitcoin:

👨‍🏫#Magzanalyst: Will Bitcoin form a similar structure before becoming vertical (meaning a completely upward trend)?

1) Black Swan Event (Black Swan is an unpredictable event that goes beyond what is normally expected from a situation and has potentially severe consequences)
2) Vertical price accumulation
3) Breakout of key resistance at $48,500
4) Only above📈 (we are at this stage now)

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⚠️ Additional: Nat Koin announced the recovery of the official Twitter account of this project by publishing a post.

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Integrating Clayton and Finskia blockchains to create Asia's largest Web 3 ecosystem

Layer 1 blockchains Clayton and Finskia announced by publishing a statement that the proposal to merge these two networks has been officially approved by the governing members of both foundations. A part of this statement reads: "Our effort to create the largest Web 3 ecosystem in Asia will culminate with the formation of an inclusive governance with the participation of more than 45 companies, 420 decentralized applications and a user pool with more than 250 million wallets in this region. Receipt". The two entities said they will create a new foundation in Abu Dhabi to lead the merger process. The new blockchain mainnet will be compatible with the Ethereum virtual machine and the CosmWasm platform. / Source

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$2.4 billion withdrawal from gold ETFs in 2024; Unlike Bitcoin ETFs

According to Eric Balchunas, senior analyst at Bloomberg Intelligence, a total of 14 top gold ETFs in the market have seen $2.4 billion in outflows since the beginning of 2024. While, according to Farside data, the value of capital inflows to 10 spot bitcoin ETFs since their launch on January 11 (Dec 21) has reached a total of $3.89 billion. Of course, Balchunas believes this doesn't necessarily mean investors are moving from gold ETFs to spot bitcoin ETFs, but could simply be the result of fomo in the US stock market. / Source

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The volume of open contracts in Bitcoin futures trading reached a two-year high

🔸 Glassnode data shows that the volume of open contracts for Bitcoin permanent futures transactions has experienced a significant increase this month and reached $9.716 billion on February 1 (February 12) to $12.742 billion on February 12 (February 23). This figure is the highest recorded since December 2021 (Azer 1400). Considering that traders usually use perpetual futures contracts as short-term trading strategies, an increase in this indicator means the growth of speculative activities in the Bitcoin trading market. / Source

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Citibank is testing the issuance of tokenized securities on the blockchain

Citibank, the financial services and banking arm of Citigroup, announced on Wednesday that it is testing the issuance of tokenized securities on the Avalanche blockchain in collaboration with AvaLabs to expand the adoption of distributed ledger technology on Wall Street. The results of this test will determine whether or not Citibank plans to offer its blockchain-based services in the near future. Also, the bank is working with Wisdomtree and Wellington to develop its "proof of concept" protocol. According to Citibank, the rules for the distribution of funds are embedded in the Wellington Fund smart contract, and Wisdomtree determines how tokens are distributed among customers. / Source

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Hack NatCoin's official Twitter account

🔸 The official Telegram channel of NatCoin announced the hacking of the official Twitter account of this project by publishing a post. Natcoin warned users and asked them not to open the link of the last post published in this user account./ Source

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BlackRock's total Bitcoin assets reached $5.45 billion

Financial titan BlackRock has just invested an additional $518 million in Bitcoin (BTC).
BlackRock added 1,0003 bitcoins to its exchange-traded fund (ETF) on Wednesday, according to Lookonchain.
In this way, BlackRock's total assets reached 105,280 bitcoins ($5.45 billion). / Source

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Genesis received court approval to sell $1.6 billion of Grayscale shares

A judge on Wednesday granted Genesis' request and allowed the bankrupt lender to sell its shares of Gary Scale's bitcoin ETF.
The proposal allows the debtors to begin selling shares at their discretion and does not set a timetable. US Bankruptcy Judge Sean Lin also rejected the cryptocurrency group's request for advice on the stock.
As part of his approval, Judge Lane added that the debtors could convert the shares into bitcoins or cash. Genesis' lawyer estimated the value of Greyscale's Genesis stock at $1.6 billion. / Source

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According to reports, the X account of the Notcoin project was hacked.

Notcoin is a recently released project that plays on the TON ecosystem and uses Telegram as its platform. The project offers users a simple game to mine virtual coins that can potentially be converted into tokens.

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US Treasury Secretary Brian Nelson dismissed the notion that Hamas relies heavily on cryptocurrencies to finance terrorism, stressing that Hamas has minimal support for digital assets and their preference for traditional financing.

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