$5.5 billion worth of Bitcoin (BTC) options expire in the early morning hours of July 26. This month’s expiration is particularly significant as the Bitcoin price has faced significant negative pressure from multiple sources: the Mt. Gox bankruptcy proceedings distribution, the German government’s sale of 50,000 BTC, and the sale of 14,000 BTC by the failed Genesis Trading company.Significant selling pressure has caused most Bitcoin call options to become worthless.On July 24, Mt. Gox assets sent 42,583 BTC to several addresses likely to be cryptocurrency exchanges. These funds have been held for over a decade since the Japanese-based exchange collapsed…
Author: Crypto Flexs
Read More
Company • July 24, 2024 5:53 PM EDT Posted 1 minute earlier In ~ Cryptocurrency asset management firm Hashdex has taken the next step in its plans to launch an exchange-traded fund (ETF) that directly owns physical bitcoin and ether, creating the first index-based cryptocurrency ETF in the United States.Hashdex filed a registration statement, also known as an S-1, with the U.S. Securities and Exchange Commission on Wednesday. The fund, called the Hashdex Nasdaq Crypto Index US ETF, will hold bitcoin and ether, but could later hold more assets depending on how the regulatory environment evolves.“If any other crypto assets…
Mimecoin, a member of the Solana ecosystem, has seen significant gains over the past seven days, outperforming the overall cryptocurrency market.According to data from CoinGecko, the total market cap of memecoins on the Solana blockchain has increased significantly over the past seven days, reaching $9.2 billion as of July 24.Cat in Dogs World (MEW) has the biggest weekly gain, up 82% over the last 7 days and up 1.4% over the last 24 hours. Gigachad (GIGA) has been the biggest gainer, up 45.5% over the last 7 days and up 9% over the last 24 hours.Large-cap Mimecoin in the Solana…
Jessie A Ellis 25 Jul 2024 01:48 Researchers are using AI to revive the DNA of extinct species to combat drug-resistant pathogens, a move that could potentially revolutionize antibiotic discovery. According to the NVIDIA Technology Blog, researchers are using artificial intelligence (AI) to mine the DNA of long-extinct species like woolly mammoths and giant sloths, discovering genomic secrets that could help us fight today’s most contagious pathogens. Coping with the Growing Crisis According to the World Health Organization (WHO), more than 1.25 million people die each year worldwide from infections that are resistant to…
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. Surprisingly, the first 24 hours after the ETH ETF was launched coincided with Mt. Gox’s decision to transfer another round of bitcoin to its lenders. The bearish news overshadowed the monumental launch of the ETF, creating mixed sentiment in the crypto market. While investors wait for the ETF news to have an impact on the market, attention is focused on the most popular cryptocurrencies on the Avalanche chain. In today’s article, we look at the price action of Xana, Shrapnel, and VAPE, highlighting…
Mimecoin, a member of the Solana ecosystem, has seen significant gains over the past seven days, outperforming the overall cryptocurrency market.According to data from CoinGecko, the total market cap of memecoins on the Solana blockchain has increased significantly over the past seven days, reaching $9.2 billion as of July 24.Cat in Dogs World (MEW) has the biggest weekly gain, up 82% over the last 7 days and up 1.4% over the last 24 hours. Gigachad (GIGA) has been the biggest gainer, up 45.5% over the last 7 days and up 9% over the last 24 hours.Large-cap Mimecoin in the Solana…
Polygon (MATIC) Labs announced plans to launch Binius-based zkVM in collaboration with Irreducible. Ethereum co-founder Vitalik Buterin has praised Vinius as a game changer in cryptographic proof-of-concept efficiency. Binius-based zkVM is the latest of several features being added to AggLayer. The promise of zero-knowledge technologies to create more secure, scalable, and privacy-preserving blockchain solutions has generated significant interest in the tech world in recent years, even sparking a slogan. “ZK is the endgame” It is one of the projects seeking to scale Ethereum. One team pushing the boundaries of what’s possible in this space is Polygon (MATIC) Labs. Last year,…
Digital asset bank Signum reported profitability on Wednesday following strong first-half results.According to a statement shared with The Block, Sygnum has seen cryptocurrency spot trading double, crypto derivatives trading increase by 500%, and lending volume increase by over 360% in the first half of 2024 compared to the same period last year.Cryptocurrency transfers on Sygnum’s institutional-grade platform have grown significantly across four key customer segments: professional individual investors, external asset managers and multi-family offices, cryptocurrency foundations and DLT companies, and funds and hedge funds.Sygnum’s “Staking-as-a-Service” offering has also seen notable growth, with the percentage of Ether staked by customers increasing…
Peter Zhang 24 July 2024 22:57 Bitfinex has released version 6.22.0 of its mobile app, which includes major improvements and fixes for an improved user experience. According to blog.bitfinex.com, Bitfinex has released version 6.22.0 of its mobile app, which includes a series of enhancements and bug fixes to improve user experience. Major Improvements One of the notable updates in this release is the revision of the Lite Mode theme colors. This update also increases the size of the recent deposit/withdrawal tables to improve visibility and usability. New token icons for UXLINK, DOP, MEW, and…
In today’s digital age, online trading structures have revolutionized the way people invest and manipulate price ranges. Among the numerous alternatives available, Wealthinvest24 stands out as the most beneficial choice for investors of all levels. In this article, we explore why Wealthinvest24 is a quality fit for online trading, and provide insight into its features, benefits, and competitive aspects.Comprehensive range of trading toolsWells Invest 24 We offer a wide range of trading gadgets to suit the various financial patrons’ preferences. Whether you are interested in stocks, exotic trades, items, lists or digital currencies, Wealthinvest24 has you covered. This excellent estimated…