Bitcoin (BTC) continued its sideways price action this week as buyers successfully defended the $55,724 support level. Large fund managers used the consolidation period to add spot Bitcoin exchange-traded funds (ETFs) to their portfolios. According to analysis by CoinShares Research, Goldman Sachs has bought $419 million worth of Bitcoin ETFs since March, Capula Management has bought $470 million, and Avenir Tech has bought $388 million.According to a report released by cryptocurrency exchange Coinbase, institutional investors classified as investment advisors increased their Bitcoin ETF holdings by 3% in the second quarter of 2024. Hedge fund holdings decreased slightly during the same…
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Wang Long Chai 19 Aug 2024 12:17 Dune introduces ‘Mint Moment’, a feature that allows users to mint data visualizations as NFTs, rewarding on-chain creators and analysts. Dune, a leading blockchain analytics platform, has launched a groundbreaking feature called ‘Mint Moment.’ This new initiative allows users to mint data visualizations into non-fungible tokens (NFTs) to capture important moments in on-chain data. According to Dune, ‘Mint Moment’ is designed to provide a new revenue stream for on-chain creators and analysts, while also rewarding users by allowing them to own and trade a piece of cryptocurrency…
Bitcoin (BTC) continued its sideways price action this week as buyers successfully defended the $55,724 support level. Large fund managers used the consolidation period to add spot Bitcoin exchange-traded funds (ETFs) to their portfolios. According to analysis by CoinShares Research, Goldman Sachs has bought $419 million worth of Bitcoin ETFs since March, Capula Management has bought $470 million, and Avenir Tech has bought $388 million.According to a report released by cryptocurrency exchange Coinbase, institutional investors classified as investment advisors increased their Bitcoin ETF holdings by 3% in the second quarter of 2024. Hedge fund holdings decreased slightly during the same…
Marc Boiron, CEO of Polygon Labs, claimed that the OP Stack chain will be connected to AggLayer. This statement comes in response to the debate surrounding the fragmentation of Layer 2 interoperability solutions. Boiron didn’t specify which OP Stack chains would be connected to AggLayer, but he hinted that at least one is considering doing so. With more Layer 2 chains being created every day, interoperability has become a critical user experience and innovation hurdle, which has forced Ethereum scaling solution providers to release their interoperability roadmaps in recent months. While the interoperability solutions proposed by these solution providers typically…
The U.S. Securities and Exchange Commission (SEC) held talks with prospective investors. Solana brush +1.22% According to people familiar with the situation, Cboe BZX raised concerns about Solana’s potential security status with ETF issuers before deleting the relevant 19b-4 filing.After discussion, the SEC and Cboe agreed not to file Form 19b-4 with the Federal Register, which would have started the approval process. Doing so would have pressured the SEC to make a decision regarding the potential Solana ETF.As we noticed over the weekend, the 19b-4 filings filed by the exchange on behalf of issuers are no longer listed on the…
Victoria, Seychelles, 19 August 2024, Chainwire Bitget, a leading cryptocurrency exchange and Web3 company, has announced a partnership with the popular TON project DOGS. Users can now claim the DOGS token airdrop without gas fees by linking their Bitget account via the DOGS Telegram mini-app. Once the process is complete, DOGS tokens will be automatically credited to the Bitget exchange account before the official TGE time. The DOGS token is inspired by Spotty, a mascot created specifically for the Telegram community by TON founder Pavel Durov. The token embodies the unique essence and vibrant culture of Telegram users. According to…
Peter Zhang 19 Aug 2024 12:36 Binance has announced that it will support the Frontier (FRONT) token swap and rebrand to Self Chain (SLF), which will impact trading pairs and futures contracts. Leading cryptocurrency exchange Binance has announced support for the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). According to Binance, this significant transition will impact a number of trading pairs and services on the platform.Token Swap DetailsStarting from 03:00 UTC on August 27, 2024, Binance will delist all existing FRONT spot trading pairs, including FRONT/BTC, FRONT/TRY, FRONT/USDC, FRONT/USDT. All pending…
In today’s world, financial independence is more than just a goal. It’s a necessity. With rising costs of living, economic uncertainty, and the unpredictability of traditional employment, managing and growing your financial resources has become a critical aspect of modern life. WealthInvest24.com serves as a beacon for those who want to take control of their financial future. Unlike many other platforms that focus primarily on short-term gains, WealthInvest24.com emphasizes the importance of long-term financial independence through strategic investing, education, and developing disciplined financial habits. In this article, we explore how WealthInvest24.com fosters a culture of informed investing and financial responsibility…
Ether (ETH) has been trading in a narrow $230 range since August 9, holding solid support at $2,550. However, this is a 20% drop from three weeks ago, when ETH closed above $3,300 in July. While this drop is in line with the broader contraction in cryptocurrency prices, Ether is facing its own unique challenges. Decentralized applications (DApps) on the Ethereum network have seen a significant decline in activity over the past seven days.Spot Ether ETF flows and weak Ethereum network activity limit ETH price gains.Part of the reason Ether has failed to maintain its bullish momentum could be the…
Company • August 19, 2024 5:07 PM EDT Posted 1 minute earlier ~ in Quick take As the Democratic National Convention opens, cryptocurrencies have been removed from the party’s platform. Bitwise Acquires Physical Bitcoin ETP Issuer ETC Group Amid European Expansion Shaquille O’Neal’s Legal Battle Over Astrals NFT Case Partially Dismissed The following is an excerpt from The Block’s newsletter, The Daily, published weekday afternoons. Happy Monday! Today’s Daily features the Democratic Party’s platform missing crypto before the convention, Bitwise acquires crypto ETP issuer ETC Group, Shaquille O’Neal’s NFT lawsuit partially dismissed, and more. Let’s get started. Cryptocurrency disappears from…