Bitcoin hit a seven-week high on July 29, approaching $70,000, though it was still about 6% below its all-time high. According to TradingView, the BTC price hit $69,775 during Asian trading hours on July 29. This brings the asset down to within 5.7% of its all-time high of $73,757, reached on March 14, four and a half months ago. This is the highest it has traded since reaching $70,000 on June 13, but hitting resistance there and falling back. BTC/USD 1D Coinbase. Source: TradingviewMeanwhile, the analyst “Crypto Giant” told his 86,000 followers on July 27 that Bitcoin was “programmed” to…
Author: Crypto Flexs
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Hong Kong lawmaker Johnny Ng has pledged to start talks in the city about the potential inclusion of bitcoin in the city’s financial reserves following a speech by former US President Donald Trump over the weekend.Ng, a member of Hong Kong’s Legislative Council, wrote: post On Sunday X said it was “worth considering” designating Bitcoin as part of the region’s official financial reserves.“Bitcoin’s global acceptance is steadily growing, and the public sees Bitcoin as ‘digital gold’ in a technical sense. So it may be possible to explore and consider including Bitcoin in strategic financial reserves in the future, as long…
that much Spot Ethereum ETF These funds did not have a perfect start as they experienced mixed performance during the first three days of trading. Cryptocurrency research firm 10x Research I’ve provided some answers as to why. Institutional Investors I’m not too enthusiastic about these funds. Wall Street Doesn’t Fully Understand What ETH Is Suggested in 10x study Recent Reports The reason institutional investors haven’t warmed to spot Ethereum ETFs is because they don’t fully understand what they’re doing. A report by Marcus Thielen notes that these Wall Street investors “generally don’t bet on things they don’t understand.” fun, Bloomberg…
Iris Coleman 29 July 2024 03:50 Binance will update the collateral ratios for multiple assets in Portfolio Margin on July 30, 2024. These changes may affect users’ Unified Maintenance Margin Ratio (uniMMR). Binance, the leading global cryptocurrency exchange, has announced an upcoming update to the collateralization ratio for several assets under its Portfolio Margin Program. According to Binance, the change will take effect on July 30, 2024 at 06:00 (UTC) and is expected to be completed within approximately 1 hour. Impact on users This update affects the Unified Maintenance Margin Ratio (uniMMR), which is…
A widely known cryptocurrency analyst and trader believes that one meme coin is on its way to the next level of growth. Anonymous cryptocurrency trader Altcoin Sherpa told his 216,400 followers on social media platform X that Pepe (PEPE) market fundamentals look strong. “Pepe: Didn’t get a chance to add to $0.00001111, but I’m still here. Looks incredibly strong. Still a huge fan of the meme overall.” Source: Altcoin Sherpa/X At the time of writing, Pepe is trading at $0.00001128, down 8% in the last 24 hours. The analyst then said that Solana (SOL), a competitor to Ethereum (ETH), has…
Ted Hisokawa 26 Jul 2024 06:09 Pantera Capital announced an investment in aPriori, a company specializing in digital manufacturing software solutions to drive innovation and efficiency in the manufacturing industry. Pantera Capital, a leading blockchain and cryptocurrency investment firm, announced its entry into the digital manufacturing space with an investment in aPriori, a company known for its cutting-edge software solutions that streamline manufacturing processes and increase efficiency. Strategic Investment in Digital Manufacturing According to Pantera Capital, the investment in aPriori is aimed at accelerating innovation in the manufacturing sector. aPriori’s software leverages cutting-edge technology…
Both ETH and BNB saw price declines last week. Despite the bullish pattern, market indicators for ETH and BNB were bearish. Best altcoins like: Ethereum (ETH) and B&B Last week the chart was underperforming as it remained red. However, recent analysis points to an update that suggests an imminent trend reversal. In fact, if that is true, ETH and BNB could see huge upside. Are Altcoins Ready for a Rally? CoinMarketCap’s data ETH has seen a 7% price correction over the past week. At the time of writing, the king of altcoins was trading at $3,230 and had a market…
Proposals passed in recent lending protocols compound compete -8.048% In the financial sector, there have been claims of governance attacks by community members who claim that a small group of people were able to acquire a large number of tokens on the open market and then force the proposal through the approval process. Proposition 289, which would allocate 499,000 COMP tokens, or about $24 million worth of 5% of Compound’s treasury, to a yield-generating protocol designed by the “Golden Boys” for one year, passed Sunday with a vote of 682,191 to 633,636. Voting on the proposal began at 11:40 p.m.…
Peter Zhang 28 Jul 2024 11:07 ElevenLabs has upgraded their dubbing API, increasing the file upload limit from 500MB to 1GB and increasing the duration from 45 minutes to 2.5 hours. ElevenLabs has announced a significant upgrade to their dubbing API, increasing the maximum file upload limit from 500MB to 1GB. Additionally, according to ElevenLabs, the upload duration limit has been extended from 45 minutes to 2.5 hours. Enhanced features for users This enhancement aims to provide users with greater flexibility and efficiency in handling larger and longer audio files. This upgrade is expected…
Independent blockchain detective Wazz posted a public warning on July 28th that “Ethereum’s largest $Neiro token is a honeypot.” source: Wow.First off, our preliminary investigation is still inconclusive as of the time of this article’s publication. However, Wazz’s post raises some notable red flags about the project. So far, we have been unable to find any contact information for the developer behind the token.According to the past detective work of Per Wazz, who is credited with first uncovering the $870,000 hot wallet hack of billionaire Mark Cuban, the specific Neiro meme token with the Ethereum blockchain address “0x3ad4f189f08cdc60496eeBb3bd70B90dF28B7455” is a…