Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. Bitwise says the U.S. Securities and Exchange Commission (SEC) is actively discussing cryptocurrency ETFs (exchange-traded funds) in addition to Bitcoin and Ethereum, meaning the launch of a physical ETH ETF is imminent. “We have actually discussed with the SEC the possibility of doing new products going forward,” Kathryn Dowling, Bitwise’s chief compliance officer, told Bloomberg in a July 9 interview. “I think the communication with the SEC about the prospects for these products has been really welcome.” But she added that additional approvals…
Author: Crypto Flexs
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Tread.fi, an algorithmic cryptocurrency trading platform founded by former Morgan Stanley employees, has raised $3.5 million in a pre-seed funding round.New Form Capital led the round, with participation from Aquanow, Varys Capital, GBV Capital, and Thanefield Capital, Tread.fi said Wednesday. The round was structured as a rolling simple agreement for future equity, or SAFE, along with a token side letter, setting the stage for a follow-on round in Q1 2025, David Jeong, former VP of quantitative research at Morgan Stanley and founder and CEO of Tread.fi, told The Block.The round closed in the first quarter of this year, Jeong said,…
Open Campus, a decentralized education protocol supported by multiple launch partners including Animoca Brands, has announced the Codex Hackathon Series. The initiative aims to encourage developers to build, with $1 million worth of EDU tokens up for grabs. Decentralized applications (dapps) are based on EDU Chain, the first blockchain built for educational purposes. Codex Hackathon Series Structure The Codex Hackathon series is divided into three semesters, each focused on incrementally building a comprehensive decentralized education ecosystem on blockchain. Semester 1 (July 8 – August 14, 2024): We focus on DeFi and infrastructure applications to…
Long-term holders had low confidence in ARB. ARB rose 6% and most market indices were bullish. Last month was a bloody battle for several cryptocurrencies, including: Arbitrage (ARB), Because it lost a significant amount of value, all ARB investors were forced out of the business. However, there has been a slight uptick over the past 24 hours. Could this change investors’ market position? Arbitrum’s risk status CoinMarketCap’s data Arbitrum’s price has dropped by more than 25% in the past month, IntoTheBlock, meanwhile, posted a tweet highlighting the surprising event. Depending on the Twitter, At the time of writing, 0% of…
Randomly guessing a long Bitcoin wallet password is about as unlikely as winning the Powerball 100 times in a row. But there are hackers who make a living doing exactly that. Two years ago, “Michael” contacted our white-hat team with a nearly impossible request. Could they help him brute force the lost password of a 10-year-old Bitcoin wallet, which currently holds $3 million worth of Bitcoin? The problem is that Michael’s lost password is 20 characters long, and since he used a password generator, he has no idea what the password was. Grand (YouTube) said, “No one would take on…
Bitcoin Bitcoin +1.27% According to CryptoQuant analysts, long-term holders are increasing their monthly holdings at the fastest pace since April 2023.CryptyQuant said, “Bitcoin whales have been increasing their holdings at a monthly rate of 6.3%, the fastest pace since April 2023, indicating increasing demand for Bitcoin.”The analytics firm’s Wednesday market report noted that increased demand for Bitcoin from long-term holders is supporting the digital asset’s price. This is despite the cryptocurrency’s increased supply in the market due to confiscated Bitcoin held by the German and U.S. governments and the distribution of funds from the closed Bitcoin exchange Mt. Gox. The…
Solana’s native token (SOL) rose 17% between July 7 and July 9, recovering to the $140 level. This recovery recovered all losses from the previous three days, when it bottomed at $121.At the time of publication, Solana was trading at $141 and was up 3% over the last 24 hours. This left traders wondering if the bullish trend in SOL could push the price back above $200.SOL/USD daily chart. Source: TradingViewSpot Solana ETF Could Drive SOL Prices HigherTrading activity in SOL has surged over the past 24 hours as VanEck and 21Shares filed with the U.S. Securities and Exchange Commission…
To celebrate its 7th anniversary, Binance has launched an exclusive referral promotion, allowing users to share 700 BNB worth of token vouchers. According to Binance, the promotion period will be from July 10, 2024, 08:00 (UTC) to July 23, 2024, 23:59 (UTC).How to participateParticipants must click the (Participate in Campaign) button on the activity page to participate in the campaign. To invite friends, users can get a unique referral link from the same page and share it. To successfully perform the referral, new users must register through the referral link and achieve a minimum cumulative…
Bitcoin closed at $60,000 on July 10, as bulls battled for support at key trend lines.BTC/USD 1-day chart. Source: TradingViewBTC Price RSI Provides Classic ReboundAccording to data from Cointelegraph Markets Pro and TradingView, the Bitcoin (BTC) price soared to $59,459 on Bitstamp that day.BTC/USD is up 1.5% at the time of writing after a quick rally during the Asian trading session, with the pair bouncing out of a classic “oversold” situation.Market participants have been discussing the issue extensively, especially with the Relative Strength Index (RSI) hitting its lowest level in 10 months.Source: Kevin SvensonPopular trader Daan Crypto Trades wrote in…
Major exchanges have filed for approval to list the first-ever Solana ETF. The filing follows a major win for the first Bitcoin ETF in the United States. A positive decision could lead to the creation of more cryptocurrency ETFs. For investors looking to get a piece of the Solana (SOL) pie through traditional exchange-traded funds (ETFs), the future may be brighter than ever. Chicago Board Options Exchange (Cboe) Global Markets, a major player in the exchange world, has filed a request with the Securities and Exchange Commission (SEC) to list an ETF directly tied to the popular cryptocurrency. The move…