BlackRock is skeptical of interest in non-Bitcoin and Ethereum ETFs. Despite BlackRock’s cautious stance, Solana rose 5%. Other institutions, including Franklin Templeton, do not share this position. Exchange-traded funds (ETFs) are often referred to as the backbone of institutional investment in cryptocurrencies, providing a regulated way for traders to gain exposure to digital assets. However, US traders have so far only had access to Bitcoin and Ethereum ETFs. However, shortly after the recent approval of the Ethereum ETF, there has been talk of expanding ETFs to other assets, with Solana and XRP in particular appearing as the most likely candidates.…
Author: Crypto Flexs
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On-chain researcher ZachXBT, who requested anonymity, has raised questions about the accountability of Irene Zhao, founder of the SO-COL platform and crypto influencer, and what steps she is taking to compensate those harmed by the project.This is in response to a statement by Zhao detailing several allegations regarding her involvement in several cryptocurrency projects. In the statement, Zhao discussed IreneDAO, a project that she said started in January 2022 as a fun experiment with minimal expectations.Web3 project failureThe project gained unexpected popularity, with millions of dollars in trading volume in just a week. Zhao ensured transparency by ensuring that the…
Kamala Harris is now the presumptive Democratic presidential nominee after incumbent President Joe Biden abruptly withdrew from the race last Sunday.These developments raise questions about how the Harris administration in the White House will approach Bitcoin and the cryptocurrency sector in general.Immediately after Biden’s announcement, Bitcoin briefly fell 3% as the market adjusted its expectations for a pro-crypto Trump victory in November’s election. The digital asset then broke back above $67,000 on the back of anticipation surrounding Donald Trump’s upcoming speech. In ~ Bitcoin Bitcoin +1.71% Nashville, Tennessee, 2024.Kamala Harris PresidencyWith Harris’ odds of winning the November election rising to…
Jack Anderson 27 Jul 2024 09:53 Arkham Intelligence has announced a new feature that will allow users to register a unique username on the platform. According to arkhamintelligence.com, Arkham Intelligence has launched a new feature that allows users to register a unique username on the platform.New feature announcementThe latest update to Arkham Intelligence introduces a highly anticipated feature: the ability for users to claim their own unique usernames. This feature aims to increase user personalization and identity on the platform.According to the announcement, usernames are unique to each user and will play a key…
A widely known cryptocurrency analyst has shared his outlook on two different digital assets, saying he is bullish on the flagship MIME coin. Anonymous trader Altcoin Sherpa told his 219,000 followers on social media platform X that Dogecoin (DOGE) could surpass $0.50 in the next 6-12 months, representing a potential return of more than 275% from current levels. “DOGE is a great coin, but due to its market cap, its returns won’t be anywhere near what they were in previous cycles. Still, if you’re big and still want to capture *some* meme mania, it’s a good coin.” Source: Altcoin Sherpa/X…
Risk management in cryptocurrency trading is not just a backup plan, it is a key strategic element. That is why we are excited to introduce a new Take Profit/Stop Loss order for Kraken Pro futures trading, which allows you to pre-define your exit point. ~ before You submit your order. These orders, sometimes called “bracket” or “conditional*” orders, are a sophisticated way to enforce discipline, capture profits, and limit losses. But what makes this product so popular among advanced traders is not just its functionality, but its ability to automatically turn strategies into action, allowing traders to sleep much more…
Policy • July 26, 2024 2:44 PM EDT Posted 1 minute earlier In ~ It’s Friday! In today’s Daily, Kamala Harris’ team reaches out to the crypto industry, Bitcoin rises ahead of Trump’s keynote, BlackRock says there won’t be a “long list” of crypto ETFs, and more. Let’s begin. Kamala Harris’s Team Reaches Crypto Harris’ campaign team has already begun reaching out to ask questions, sources said. The source said her team asked why cryptocurrencies were receiving so much attention and wanted more information about past conversations the crypto industry had with President Joe Biden’s advisors. “My impression…
Darius Baru 27 Jul 2024 07:20 Binance maintained its top spot with 46.6% market share, while Bybit and Gate saw significant growth. Upbit experienced the biggest decline. According to a recent report by CoinGecko, Binance maintained its position as the leading centralized cryptocurrency exchange with 46.6% market share in Q2 2024. Nevertheless, the exchange has seen a decline in trading volume, a trend that has opened up opportunities for other exchanges such as Bybit and Gate.com to expand their market presence. Binance Market Share Binance remains the largest centralized exchange.OC) recorded a market share…
Network activity can be key to SOL’s short-term price movements. Positive demand trends provide protection from further downside. Solana has seen strong ecosystem growth so far in 2024, driven by memecoin and DeFi activity. This growth is reflected in the network’s stablecoin market cap and TVL growth, which has also been very strong. Can these observations give us insight into what to expect from SOL’s price action? According to DeFiLlama, Solana’s TVL and stablecoin market cap metrics have been rising rapidly so far this year. To put that into perspective, TVL hit its all-time low of $1.396 billion in early…
Company • July 26, 2024 4:20 PM EDT Posted 1 minute earlier In ~ Former FTX executive Ryan Salameh has asked a New York judge to postpone his prison sentence so he can undergo emergency surgery after being “bitten” by a dog while visiting a friend’s house.Salame, previously co-CEO of FTX Digital Markets, be sentenced He was sentenced to seven years and six months in prison after pleading guilty to criminal charges last year. Salameh was due to appear for sentencing on August 29 this year, but his lawyers are asking that date be postponed to October 13.The lawyers said…