Company • August 13, 2024 7:10 PM EDT Posted 1 minute earlier ~ in Quick take Grayscale’s newest fund for accredited investors tracks MakerDAO’s MKR token. Coinbase to Offer Cryptocurrency Services in Hawaii Bitfarms Co-Founder Nicolas Bonta Steps Down From Board The following is an excerpt from The Block’s newsletter, The Daily, published weekday afternoons. Happy Tuesday! In today’s Daily, we look at Grayscale’s MKR fund, Coinbase’s re-entry into Hawaii, Bitfarms co-founder resigns from the board, and more. Let’s get started.Grayscale Launches MKR Fund This new trust will allow qualified investors and institutions to gain exposure to MakerDAO’s governance…
Author: Crypto Flexs
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Jorg Hiller 13 Aug 2024 17:23 Audio Pitara’s ‘Dil se Dil tak’ podcast, recorded using ElevenLabs’ Hindi AI, has become a global success, garnering significant downloads and topping the charts. Audio Pitara, a podcast production company known for its diverse range of genres including history, horror, and romance, has launched a globally successful podcast titled ‘Dil se Dil tak’. According to ElevenLabs, the romantic story-based podcast was voice-recorded using ElevenLabs’ advanced Hindi text-to-speech technology.Innovation in audio content creationThis year, Audio Pitara began exploring AI audio solutions to reduce production costs and achieve faster turnaround…
Cardano has the potential to rally to $5 thanks to strong development activity and technical patterns. ADA has seen a significant increase in public interest and network activity, suggesting its fundamental strength. Cardano (ADA) has been one of the worst performing cryptocurrencies among the major cryptocurrencies. However, despite this fact, the asset still managed to maintain its position among the top 10 cryptocurrencies by market cap. Over the past two weeks, ADA has fallen 14.6%. Current price performanceThe sell-off appears to have continued into the past day, with ADA down 1% at $0.3356 at press time. Bullish predictions for adverse…
Floki Announces Massive Advertising Campaign for 2024-25 Premier League Valhalla – Chainwire housenewsroomFloki announces major advertising campaign for 2024-25 English Premier League Valhalla We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the subscriber or user to use specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications via electronic communications networks.…
The Bitcoin (BTC) price has risen by 6% over the past seven days, which is less than the overall cryptocurrency market, which has gained about 10% in total value over the same period.BTC/USD Weekly Chart. Source: TradingViewBitcoin has seen some upside over the past week for a number of reasons, but there are also altcoins that have delivered double-digit gains over the same period. Let’s take a closer look at three altcoins that are outperforming Bitcoin.SUI has recorded 100%+ returns.SUI (SUI), the 30th largest cryptocurrency by market cap, has outperformed Bitcoin over the past seven days, rising 109% from a…
Financial Company • August 13, 2024 5:11 PM EDT Posted 1 minute earlier ~ in The venture arm of Chicago-based high-frequency trading firm DRW Holdings Revealed It now has at least $195 million worth of cryptocurrency exchange-traded funds, including over $150 million in the Grayscale Ethereum Trust, marking the company’s first exposure to cryptocurrencies. Ethereum +1.13% According to its most recent Form 13F filing with the U.S. Securities and Exchange Commission,The SEC approved the first spot ether ETF to begin trading in July, roughly six months after the launch of the spot bitcoin ETF. And while the spot bitcoin ETF…
The Bitcoin (BTC) price has risen by 6% over the past seven days, which is less than the overall cryptocurrency market, which has gained about 10% in total value over the same period.BTC/USD Weekly Chart. Source: TradingViewBitcoin has seen some upside over the past week for a number of reasons, but there are also altcoins that have delivered double-digit gains over the same period. Let’s take a closer look at three altcoins that are outperforming Bitcoin.SUI has recorded 100%+ returns.SUI (SUI), the 30th largest cryptocurrency by market cap, has outperformed Bitcoin over the past seven days, rising 109% from a…
Ted Hisokawa 13 Aug 2024 17:58 HKMA and Cyberport launch GenA.I. Sandbox to promote responsible AI innovation in the financial sector The Hong Kong Monetary Authority (HKMA), in collaboration with Hong Kong Cyberport Management Company Limited (Cyberport), has officially launched the Generative Artificial Intelligence (GenA.I.) Sandbox. Announced at the FiNETech2 event, the initiative aims to accelerate the adoption of artificial intelligence in the financial sector, according to the HKMA. FiNETech2 Highlights Co-hosted by HKMA, Cyberport and the FinTech Association of Hong Kong, FiNETech2 brought together over 300 professionals from various fields including banking, securities,…
Ethereum and Solana recorded net inflows last week despite price corrections in most cryptocurrencies. Most recent According to the weekly report on digital asset fund flows published by CoinShares, cumulative inflows into these investment products reached an impressive $176 million during the week. This positive trend was consistent across all regions, with positive inflows recorded in each region, indicating widespread interest from investors around the world. Surprisingly and unlike ~ Bitcoin’s DominanceThis trend, Ethereum-based investments The product had the most traffic this week. Institutional Investors Take Notice of Ethereum and Solana Despite the volatility in market value, investor interest in…
As market activity resumes, Helium continues to soar to new highs, capturing investor interest. CoinGeckoThe token has gained over 48% since last week, making HNT a prime target for investors and traders alike who are looking for an asset that will generate long-term returns. Related Materials Helium Mobile has been gaining attention for its reliability and strength by facing major US carriers. Recently, it has once again shown its mettle and set a new record by announcing a test in which two carriers offloaded network traffic to the platform. Carrier Offload beta has launched and is showing great results. With…