Despite the recent price decline, it has been revealed that US investors are actively buying ETH. Although mixed signals from various indicators cast uncertainty on the possibility of a rally, technical patterns point to an uptrend. Over the past 24 hours, the cryptocurrency markets have seen a significant drop, with Ethereum (ETH) down 8.41%, bringing its weekly performance down 4.76%. However, further analysis suggests that this downtrend may be short-lived, as US investors appear ready to push the ETH price higher. US investors are supporting ETH despite market volatility. Recent data from Crypto Quant on Ethereum, which measures the price…
Author: Crypto Flexs
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The Hamster Combat Airborne Operation is scheduled for September 26th. Today, the Hamster Kombat team has some much-anticipated news for the community: After a delay in the HMSTR token airdrop that raised many questions from players, a new date has finally arrived. According to the released information, the Hamster Combat airlift date is September 26th. As disclosed in the project whitepaper, 60% of the token airdrop will be allocated to the player community. The remaining 40% will be used to ensure market liquidity, provide reward squads, build ecosystem partnerships, and other purposes. The airdrop was originally planned for July. But…
Terryl Dickey 28 Aug 2024 15:35 Binance has announced the delisting of several spot trading pairs, including ALCX/BTC and BCH/TUSD, starting August 30, 2024. Leading cryptocurrency exchange Binance has announced that it will remove several spot trading pairs starting August 30, 2024. According to the official announcement, this move is part of Binance’s periodic review process to maintain a high-quality trading market. Details of deleted pairs Based on the latest reviews, Binance will be suspending trading for the following pairs: RCX/Bitcoin BCH/TUSD CHZ/Brazilian ETHFI/BNB Omni/BRL Delisting will take place on August 30, 2024…
At Bitcoin 2024 in Nashville, lines wrap around the block. Delays. The crowd awaits. Rumors swirl. Then the music comes on, and much of the audience stands in awe as Trump walks on accompanied by patriotic music. “There’s no way Kamala Harris could have come here”, I overhear someone comment. It certainly seems that Bitcoin — or at least its most ardent and vocal US supporters — has become heavily tilted toward the Republican. Gone are the days when the core of enthusiasts described their project as a politically neutral technology. This conference features bins of free “VOTE TRUMP” t-shirts…
Company Name: Bitwise Asset ManagementFounder: Hong Kim and Hunter HorsleyDate of Establishment: December 2016Headquarters Location: San Francisco, California and New York, New YorkAmount of Bitcoin held in the Treasury: Not disclosedNumber of employees: 65Website: https://bitwiseinvestments.com/Public or private? PrivateIn 2016, Hong Kim and Hunter Horsley, co-founder of Bitwise Asset Management, were living the startup life, working out of their living room in San Francisco, looking for projects they could turn into businesses.While experimenting with various ideas, none of them gained much traction, my friends kept talking about Bitcoin, and by early 2016, every venture capital firm in Silicon Valley was focused…
The CEO of a South Korean cryptocurrency company was stabbed in the neck multiple times during a trial in Seoul.The victim was Hugo Hyung-soo Lee, the CEO of Haruinvest, a South Korean cryptocurrency profit company.This was the case in court during the HaruInvest trial, where three company executives were accused of stealing $826 million worth of cryptocurrency from about 16,000 users.According to local media outlet Digital Asset, one of the victims of Haru Invest, a man in his 40s, suddenly jumped up from his guest seat and attempted to stab Lee in the neck with a small knife. Lee was…
Games • Aug 28, 2024 9:57 AM EDT Posted 1 minute earlier ~ in Updated: August 28, 2024 10:17 AM EDT After some delays, the popular Telegram-based cryptocurrency game Hamster Combat has announced that it will be holding its first airdrop next month.The Hamster Kombat team announced in a post on their Telegram channel with over 52 million subscribers that the token generation event, or TGE, will take place on September 26. In a recent whitepaper, Hamster Kombat developers stated that 60% of the token airdrop will be dedicated to players.“The remainder is used to provide market liquidity, ecosystem partnerships…
Caroline Bishop 28 Aug 2024 11:39 Julia Leong opens the Project Ensemble Sandbox launch event, emphasizing collaboration between innovation and regulation. Julia Leong, Deputy Director-General of the Securities and Futures Commission (SFC), opened the event at the Project Ensemble Sandbox launch. The event, which took place on 28 August 2024, marks an important step towards fostering innovation and regulatory collaboration in the financial technology sector. Key takeaways from Leung’s speech In her speech, Leung emphasized the importance of cooperation between regulators and the fintech industry. She emphasized that the sandbox initiative aims to create…
MakerDAO Rebrands to Sky, Marking a New Direction Sky Launches ‘Endgame Plan’ for Decentralized Governance The goal is to make the protocol resilient to external risks. Just as Ethereum is the largest platform for decentralized applications, MakerDAO has been one of the oldest players in decentralized finance (DeFi). The best Ethereum-based lending protocol with stablecoin DAI is now rebranding to Sky. This rebrand is part of the “Endgame Plan,” an ambitious proposal to completely overhaul MakerDAO’s governance and token economics. This rebrand and the launch of the USDS and SKY tokens on September 18th herald the beginning of this new…
Bitcoin (BTC) is still “up” as its value falls well below its all-time highs relative to the S&P 500.Mike McGlone, chief commodities strategist at Bloomberg Intelligence, suggested in a recent analysis of X that the risk-asset race “may be over.”McGlone: Bitcoin Suffering from a ‘Hangover’Bitcoin is struggling to reach its recent March highs, but another indicator suggests a more serious systemic vulnerability.McGlone noted that BTC/USD is currently worth about 11 times the value of the S&P 500, which is close to its all-time high.In Q1 2020, Bitcoin reached its peak, reaching 15x the S&P, a record that has not been…