Cryptocurrency exchange OKX has announced its support for the upcoming RNDR token migration to RENDER, in accordance with the official plan set by Render Network. The migration will be carried out at a 1:1 ratio and will follow a systematic schedule to ensure a smooth transition for users.Migration ScheduleThe migration process is scheduled to begin on July 9, 2024. As part of this process, all pending orders for RNDR tokens will be canceled and RNDR spot trading pairs RNDR/USDT and RNDR/USDC will be suspended at 8:00 UTC on the same day. After that, RNDR transfers,…
Author: Crypto Flexs
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Funds • July 2, 2024 1:08 AM EDT Posted 1 minute earlier In ~ The 11 U.S. spot Bitcoin exchange-traded funds reported positive inflows for the fifth straight day on Monday, with a total daily net inflow of $129.45 million. Monday’s net inflows also marked the largest fund acquisition the ETF has seen since June 7.Fidelity’s FBTC led the way yesterday with $65 million inflows, while Bitwise’s BITB recorded $41 million. data At SosoValue, Ark Invest and 21Shares’ ARKB reported net inflows of $13 million. Funds from Invesco, Galaxy Digital, VanEck and Franklin Templeton saw relatively small inflows of less…
Bookmakers are smart and the latest innovations in the online gambling world prove it. We live in the era of no-account casinos, or pay-and-play casinos, where registration is not required. This article explains exactly how these innovative gambling sites work and why they are making such a splash in the online betting community. How do casinos without accounts work?Traditional betting sites require customers to go through an account creation process before they can start betting. Casinos without accounts have forgotten this step. Instead of filling out lengthy registration forms, players can now jump right into the action by verifying their…
PayPal USD (PYUSD), a stablecoin issued by Paxos Trust Company, has now been integrated into Crypto.com Pay, Paxos announced. This development aims to further expand the utility and accessibility of PYUSD to millions of Crypto.com users. Enhanced Utility of PYUSD PYUSD was created to provide a stable digital currency designed for commerce and payments. The integration with Crypto.com Pay is in line with this vision, allowing users to utilize PYUSD for a variety of transactions. Crypto.com users can now use PYUSD to send money to friends, purchase gift cards from 100+ brands, shop on the…
Company • July 1, 2024 9:57 PM EDT Posted 1 minute earlier In ~ Updated: July 1, 2024 10:57 PM EDT Binance.US, the U.S. arm of the world’s largest cryptocurrency exchange, said Friday it is “prepared” for a court ruling that would allow the Securities and Exchange Commission to continue its lawsuit against the exchange.The company wrote X post He said he “expects” the case to be investigated further. “Specifically, the SEC has not yet found any evidence of wrongdoing by Binance.US in the extensive 11-month investigation we have engaged in to date,” Binance.US said in the post.Binance’s response comes…
A widely known analyst has issued a warning about a crypto bear market, saying the window of opportunity to drive the market lower is closing in. Flow Horse, an anonymous analyst, told his 220,100 followers on social media platform X that he is bullish on dogwifhat (WIF), a Solana (SOL)-based meme token. According to analysts, WIF is one of the fastest horses in the Mimecoin sector and is expected to continue its relative strength until the bull market ends. “WIF repurchase. The most powerful meme that says that a market is no longer bullish means that the lineup of market…
According to Grayscale’s recent market commentary, Bitcoin (BTC) is facing a significant supply glut as of June 2024. This glut is said to be impacting the cryptocurrency’s market performance, adding to the complexity of the already volatile digital asset market. Market Dynamics and Oversupply Supply overhang is a situation where the supply of tradable Bitcoin exceeds demand, putting downward pressure on the price. This can be caused by a variety of factors, such as large amounts of Bitcoin moving to exchanges, increased mining activity, or large sales by major holders. Grayscale’s analysis highlights that this…
Paxos has received approval from the Central Bank of Singapore to provide certain services, which will ultimately allow the company to issue stablecoins that are compliant with the country’s stablecoin framework.Paxos Digital Singapore Pte. LTD., the Singapore-based entity of Paxos, has been granted the right to offer “digital payment token services” as a primary payment institution, the stablecoin issuer said in a statement on Monday. “Stablecoins issued under the standards set by regulators like the Monetary Authority of Singapore (MAS) are renowned for their rigorous regulatory standards and are a critical step toward democratizing access to commerce and financial services,”…
The 50% retracement level and the daily RSI indicated a possible range formation. Buying pressure is increasing and the liquidation heatmap is showing contrary signals. PEPE has struggled to break above local resistance levels. Mimecoin has shown signs of forming a range, but according to a previous AMBCrypto report, a bullish chart pattern is also a viable scenario. The report also added that on-chain metrics suggest selling pressure is likely to increase in the coming days. For PEPE, we looked at liquidation level data along with technical analysis to see which path is more likely. Key levels of long-term Fibonacci…
OKX is introducing a new campaign targeting merchants in Latin America, giving them the opportunity to win a featured ad spot on its peer-to-peer marketplace. The initiative aims to increase visibility and drive traffic by placing merchant ads at the top of the marketplace for three days. Campaign Details The campaign period runs from 1 July 2024 15:00 UTC-3 to 26 December 2024 15:00 UTC-3. To be eligible, participants must be a registered Super or Diamond Merchant and have an account in one of the following countries: Argentina, Colombia, Venezuela, Mexico, Peru, Panama, Costa Rica,…