The Chicago Board Options Exchange filed an application for the Solana ETF on June 10, 2024. Renowned Bloomberg ETF expert offers mixed views on Solana ETF approval Analyst argues that Joe Biden’s re-election would be “dead on arrival” for the SOL ETF. Famed Bloomberg Financial analyst Eric Balchunas has shaken up the cryptocurrency market by saying the upcoming U.S. presidential election could determine the outcome of Solana’s exchange-traded fund (ETF) application. Solana ETF will likely have a final closing date in mid-March 2025. But the most important date between now and then is November. If Biden wins, it will most…
Author: Crypto Flexs
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The FTX-Alameda Bankruptcy Court has filed a suit against Jump Trading subsidiary Tai Mo Shan over a $264 million claim surrounding a loan transaction with Alameda Research. FTX’s attorneys argued that the claim was invalid because the loan never originated.Tai Mo Shan is seeking approximately $264 million in damages from Alameda Research for failing to deliver 800 million Serum (SRM) tokens under a loan agreement dating back to August 2020. SRM is the native cryptocurrency of FTX-backed decentralized exchange Serum. Collapsed with FTX Exchange in 2022.According to Court documentsJump Trading said it calculated the loss based on an options model…
Donald Trump is set to speak at the Bitcoin 2024 conference in Nashville, Tennessee. Bitcoin CoinPerine made the announcement Thursday morning. Trump-related meme coins surged after the news broke. The organizers of the Bitcoin 2024 conference are: announce Former US President Donald Trump is expected to be one of the speakers. Bitcoin 2024 is scheduled to take place in Nashville, Tennessee from July 25 to July 27. This is one of the largest Bitcoin conferences in the world, and Trump will be joining the list of top Bitcoiners at a time when cryptocurrencies are becoming an increasingly important topic for…
Leading cryptocurrency exchange Binance has announced the addition of new trading pairs and trading bot services to its platform. According to Binance’s recent announcement, trading pairs 1000SATS/USDC and IO/USDC will be available for trading starting from July 12, 2024 at 08:00 UTC. New trading pairs The introduction of 1000SATS/USDC and IO/USDC trading pairs aims to expand the list of available trading options on Binance Spot, providing users with more options to enhance their trading experience. These new pairs are available to users who meet certain eligibility criteria, depending on their country or region of residence.…
A popular cryptocurrency trader believes one of Ethereum’s (ETH) competitors will perform well in the coming months. The pseudonymous analyst Altcoin Sherpa told his 217,800 followers on social media platform X that he is “pretty neutral” on Solana (SOL) in the short term, but is becoming more bullish on the asset as 2024 draws to a close. “I still believe $120-170 is a good area to accumulate SOL overall and it looks like it could still do quite well in the second half of the year, but I don’t expect this area to move until the overall market environment improves.”…
Bitcoin’s post-halving crash appears to have divided the cryptocurrency community, with investors currently seen as the most bullish group. Cryptocurrency investors, developers, speculators, and traders appear to have mixed views on the current state of the market, with “no strong consensus sentiment” at the moment, according to cryptocurrency price aggregator CoinGecko. In a survey of 2,558 participants conducted from mid-June to July 8, CoinGecko assessed market sentiment. The largest group of respondents (26.1%) described themselves as “somewhat bullish,” while the smallest group (11.8%) described themselves as “bullish.” Overall, about 50% of participants were bullish, despite Bitcoin’s recent price drop below…
Bitcoin (BTC) long-term holders are refusing to sell during the “most severe correction” in the current BTC price cycle.Cryptocurrency analytics firm Glassnode has some good news for Bitcoin holders in the latest issue of its weekly newsletter, “The Week Onchain.”Glassnode Praises ‘Strong’ Bitcoin MarketBitcoin may be experiencing its biggest drop of the current bull market, but the “diamond hand” shows no signs of panicking.For Glassnode, “If you look at Bitcoin’s performance relative to its halving dates, you can see that the current cycle is one of the worst performing cycles.” “This is the first time this has happened as the…
The Olympics are about to start and Record Breaker slots are here to get us ready! And I’m curious about my athletic ability. Imagine if I were to do a high jump. Dude, my highest jump was at Sour Diesel and it was just impossible. I’m so glad that there is a slot game that lets you fulfill your Olympic dreams without breaking a sweat, breaking a leg, or exhausting your mind. When it comes to legs and mental health, the only two Olympic gold medalists I know are Oscar Pistorius and Bruce Jenner, who later became Keeler and Caitlyn.…
Cryptocurrency miners in Malaysia stole at least 3.4 billion ringgit ($722 million) worth of electricity between 2018 and 2023, the country’s energy officials said.Akmal Nasrullah Mohd Nasir, deputy minister for energy transformation and water resources conversion, told local news website Malay Mail on Wednesday that illegal cryptocurrency mining activities were becoming more widespread. Reported.“Cryptocurrency miners steal electricity because they believe that this activity cannot be detected because there are no meters in the buildings,” the official said. “However, energy companies have various methods to detect abnormal energy consumption in a particular area.”The deputy minister made the remarks at an event…
Filecoin price plummeted but then rebounded, showing signs of recovery amid market volatility. The significant trading volume and OI highlighted continued investor interest in Filecoin. Last week, Filecoin (FIL) showed significant volatility in its price action. In fact, the price of this altcoin dropped sharply from around $4.20 to below $3.40 on July 5. This drop was followed by a recovery phase, with the price rising again to around $4.00 on July 7. At the time of writing, Filecoin’s price was: $3.92With a 1.7% increase over the previous trading period, the price fluctuated between $3.84 and $3.98 in the 24-hour…