While one unlucky Mimecoin trader lost $8 million worth of digital assets while trading the Geo Boden token associated with President Joe Biden, other traders are anticipating a potential Mimecoin season.Memecoin Trader Loses Nearly $8 Million on Boden TradeA Mimecoin trader lost about $8 million after selling Jupiter (JUP) tokens to buy Boden Mimecoin at its peak price.According to popular crypto trader Toby, an unknown Mimecoin whale’s investment is down almost 99%. He wrote in a July 21 post on X:”This trader sold $8m worth of JUP at Boden’s all time high at TWAP. He then sold $12.5k worth (0.5%…
Author: Crypto Flexs
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The US SEC has given final approval for the first US spot ETH ETF. Trading is scheduled to begin tomorrow, July 23. Today, July 22, the U.S. Securities and Exchange Commission accepted the securities filings of several spot Ethereum (ETH) exchange-traded funds (ETFs), allowing trading to begin as scheduled on Tuesday. The SEC has approved ETH ETF products from eight issuers, including asset management giants Fidelity, Blackrock, VanEck, 21Shares, and Bitwise. The SEC initially approved the above ETH ETF application in late May, but companies were waiting for the S-1 filing (registration of new securities) to be approved before they…
The Bitcoin (BTC) price fell to an intraday low of $66,569 on July 22, less than 24 hours before the launch of a spot Ethereum ETF in the United States.The bullish momentum that pushed BTC above $68,000 is being questioned as investors struggle to secure a daily close above $68,000. In addition to the impact of the withdrawal of US President Joe Biden from the November election on the price of Bitcoin, the pioneering cryptocurrency is also facing another problem: the strength of the US dollar.Let’s take a closer look at the factors affecting Bitcoin’s price today.The US dollar begins…
According to ~ Hacking attack It resulted in the theft of millions of dollars. Shiba Inu (SHIB), Ethereum (ETH) And among other coins, WazirX has launched an official bounty program. The popular Indian exchange has promised to reward anyone who helps in recovering stolen assets. WazirX Announces Bounty Program for Asset Recovery WazirX have announce In response to recent events, they announced via their official X (formerly Twitter) account that they have launched a bounty program. Cyber attack In one of the multisig wallets. The team of the Indian exchange said that the bounty program will be focused on recovery.…
Which seat Ethereum Ethereum -2.50% The exchange-traded fund (ETF) was approved to begin trading on Tuesday after weeks of discussions over changes to its registration statement. The U.S. Securities and Exchange Commission has approved the registration forms for 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco Galaxy, effective Monday afternoon. Registration forms for Grayscale Ethereum Trust and Grayscale Ethereum Mini Trust also became effective Monday. “The launch of the 21Shares Core Ethereum ETF (CETH) represents a significant milestone for 21Shares and U.S. investors. Today’s approval represents further evidence that cryptocurrencies as an asset class are here to stay,” he…
Six-time NBA Champion Scottie Pippen revives Solana vs. Ethereum battle The competition between SOL and ETH fans has expanded to BTC, DOGE, and ADA. Ethereum has the upper hand on the legislative front, despite its more relaxed adoption. Six-time NBA champion Scottie Pippen sparked a discussion on Ethereum (ETH) and Solana (SOL) by teasing the audience on X about his stance on crypto. As the crypto crowd debated, the iconic small forward for the 90s Chicago Bulls received nearly 5,000 responses to his question.Scottie Pippen’s Previous Crypto IssuesAs crypto enthusiasts engage in conversation, many are thinking outside the box when…
Wang Long Chai 22 Jul 2024 18:14 HP 3D Printing and NVIDIA Modulus join forces to power manufacturing digital twins using physics-based machine learning. HP 3D Printing and NVIDIA Modulus have announced a collaboration to develop an open-source manufacturing digital twin using physics-based machine learning (physics-ML). According to the NVIDIA Technical Blog, the partnership aims to accelerate innovation in AI engineering applications by embedding the laws of physics into the learning process. Advances in Physics – ML Physics-ML is an emerging field that integrates the laws of physics into machine learning models to improve…
The Bitcoin (BTC) price rose to its highest level in 40 days on July 22, reaching an intraday high of $68,518. The 10-day gain of 19.4% was fueled by investors’ confidence in a 2024 rate cut by the U.S. Federal Reserve, the end of the German government’s Bitcoin selloff, and a more constructive regulatory outlook, especially in the United States.The bullish momentum has pushed Bitcoin futures premiums, a key gauge of professional trader sentiment, to a five-week high. Traders now question whether this scenario will favor a rally to $72,000, despite uncertainty surrounding the U.S. presidential election and global socio-political…
Digital asset manager CoinShares says institutional cryptocurrency investors are making significant investments in leading altcoin Ethereum (ETH). CoinShares said there was $1.35 billion in inflows into cryptocurrency investment products last week, according to its latest Digital Asset Fund Flows Report. “Digital asset investment products saw additional buying last week with $1.35 billion in inflows, taking inflows to $3.2 billion over the past three weeks. Exchange-traded products (ETPs) volumes also increased significantly, reaching $12.9 billion, up 45% week-over-week, but still accounted for just 22% of overall crypto market volumes.” Source: CoinShares By region, $1.3 million and $66 million flowed into the…
People • July 22, 2024 3:00 PM EDT Posted 1 minute earlier In ~ Swan Bitcoin Bitcoin +0.93% Corey Klipsten, CEO of the California-based Bitcoin investment platform, said earlier this year that the company was pulling out of its mining operation and canceling plans to go public. announce About X.“@Swan is unlikely to continue its managed mining business in the short term. It will likely scrap its IPO plans in the near future as it does not expect significant short-term revenue from its managed mining business,” Klippsten said.The company also laid off several employees across “multiple functions” and scaled back…