People • June 28, 2024 11:04 AM EDT Posted 1 minute earlier In ~ Updated: June 28, 2024, 11:28 AM EDT Former PayPal CEO and Founders Fund co-founder Peter Thiel has confirmed that he still holds Bitcoin, reiterating previous comments that he wished he had bought more earlier.Asked by CNBC’s Andrew Ross Sorkin at the Aspen Ideas Festival on Thursday whether he had sold any bitcoin, Thiel said, “I still have some. I just haven’t bought as much as I should have.”However, Thiel does not seem so optimistic about Bitcoin’s price potential, adding, “I’m not sure it’s going to go…
Author: Crypto Flexs
21Shares filed an S-1 application with the Securities and Exchange Commission on June 28 for a physical Solana exchange-traded fund (ETF). The fund will be called the 21Shares Core Solana ETF. This is the second application the SEC has received for a physical SOL ETF, following VanEck’s filing on June 27.The proposed ETF will be traded on the Cboe BZX Exchange. Coinbase will act as custodian for the fund’s privately secured Solana (SOL) holdings. The fund’s assets are stored in a separate wallet on the Solana blockchain. The fund does not participate in SOL verification or staking. The intraday value…
Gala Games has announced its release. treasure hunteris an innovative clicker game on Telegram designed to reward players with free $TREZ tokens. According to Gala News, Treasure Tapper offers users an engaging and fun way to accumulate tokens by simply tapping the screen. How to play Playing Treasure Tapper is simple and user-friendly. Players collect $TREZ tokens by tapping the screen, with the number of tokens increasing with each tap. Additionally, users can collect more $TREZ tokens by completing quests, making the game fun and rewarding. Features and Benefits Easy to play: Tap and…
Investment firm VanEck said on Thursday: For ~ Solana brush -1.82% – Listed index fund.Many experts say the U.S. Securities and Exchange Commission is unlikely to approve the listing, as Solana’s native token has been declared a security in at least two lawsuits.But Matt Sigel, head of digital asset research at VanEck, said now is the right time to try.“We believe the regulatory environment is changing,” Sigel told The Block in an interview. He pointed to recent bipartisan legislative developments, including the passage of the landmark FIT21 market rescue bill and how the SEC suddenly changed course and agreed to…
The SEC has been under increasing pressure to approve a Solana-based ETF. These documents provided a glimpse into how the Solana ETF will function. The approval process will depend on how U.S. regulators classify Solana. As competition for Solana-based ETFs intensifies in the US market, 21Shares has filed a registration statement with the Securities and Exchange Commission (SEC) for a Solana ETF. The move follows a similar filing from VanEck a few days ago, and reflects growing demand for investment products tied to Solana, the fifth-largest cryptocurrency by market cap. 21Shares Solana ETF Seeks SEC Approval The 21Shares ETF aims…
According to Galaxy, there were significant developments in the cryptocurrency space this week. This includes VanEck’s application for the Solana (SOL) ETF, the European Union’s MiCA framework coming into effect, and the launch of Ethereum’s first production-ready Reth execution client. Solana trades at higher price with ETF application VanEck has made a big change in the crypto ETF market by filing an S-1 with the SEC for a spot Solana exchange-traded product (ETP). The proposed trust aims to track the price of Solana (SOL) by holding the underlying cryptocurrency. Despite the filing, operational details such…
Bitcoin BTC +0.20% Stocks were flat over the past 24 hours despite gains as investors digested new personal consumption expenditures (PCE) price index data showing inflation is cooling.After the opening bell rang in New York, stock indices turned green. The Dow Jones Industrial Average, S&P 500, and NASDAQ-100 rose 0.23%, 0.39%, and 0.55%, respectively. In contrast, Bitcoin, the largest digital asset by market capitalization, was trading around $61,640 at the time of writing, according to The Block’s price page, and has been trading flat for the past 24 hours. The morning stock rally came after a Commerce Department report Friday…
The gaming-focused blockchain platform has bucked a sideways cryptocurrency market and is up 37% this week ahead of an upcoming hard fork and token burn. WEMIX is a cryptocurrency project that promotes an “experience-based, platform-centric, and service-centric mega ecosystem.” More than 580,000 people are using the blockchain gaming platform WEMIX Play. The project’s native token is trading at $1.37 as of this writing, up from $1.01 seven days ago. WEMIX showed an upward trend as users’ expectations grew for the ‘Brioche hard fork’, which will reorganize the project’s token economics. The hard fork is scheduled for July 1st. Describes WEMIX.…
NVIDIA announced that it has developed a new fine-tuning method called Weight-Decomposed Low-Rank Adaptation (DoRA) that provides a high-performance alternative to the widely used Low-Rank Adaptation (LoRA). According to the NVIDIA Technology Blog, DoRA improves both the learning ability and stability of LoRA without introducing additional inference overhead. Advantages of DoRA DoRA has demonstrated significant performance gains across a variety of large language models (LLMs) and vision language models (VLMs). For example, in the common sense reasoning task, DoRA outperformed LoRA with improvements of +3.7 points on Llama 7B and +4.4 points on Llama 3…
I broke a ladle last week. The fact that Pantera Capital is raising funds for its second investment ton +1.68% Immediately after creating the token This is the largest investment in tokens in the 21-year history of the company earlier this year. Upon further investigation, I found that Pantera Capital was not alone in this.Kingsway Capital’s current largest token holding is the TON token, founder and CEO Manuel Stotz told me (not previously reported). Kingsway began buying TON tokens more than two years before Pantera, Stotz said.Ryze Labs (formerly Sino Global Capital) has also invested heavily in TON tokens. Founder…