Ethereum exchange-traded funds (ETFs) have seen their biggest outflows in two years as the U.S. Securities and Exchange Commission continues to delay approving spot ETF trading.According to CoinShares’ latest Digital Asset Funds report, these outflows have resulted in $30 million in outflows from global cryptocurrency-related investment products for the third week in a row.But James Butterfill, head of research at Coinshares, noted that last week’s modest moves “show that outflows have slowed down considerably.”Meanwhile, negative sentiment had little effect on trading volumes in these products, which rose 43% to $6.2 billion per week, but still significantly below the weekly average…
Author: Crypto Flexs
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The Hong Kong Monetary Authority (HKMA) has issued a public warning about fraudulent social media accounts and phishing instant messages related to Royal Bank of Canada (RBC), according to a press release from the HKMA. These fraudulent activities have been reported to the HKMA and are being investigated. Details of fraudulent activity The HKMA warning includes a reminder that banks generally do not send SMS or emails with embedded hyperlinks that direct customers to their websites for transactions. Banks also do not request sensitive personal information such as login passwords or one-time passwords (OTPs) via…
My name is Godspower Owie and I was born and raised in Edo State, Nigeria. I grew up with three siblings who were always my idols and mentors, they helped me grow and understand the way of life. My parents are literally the backbone of my story. They have always supported me through good times and bad, and have never left my side when I felt lost in this world. Honestly, having such amazing parents makes me feel safe and secure, and I wouldn’t trade them for anything in this world. I was exposed to the world of cryptocurrencies 3…
Twenty South Korean cryptocurrency exchanges and their representative organizations jointly issued a new code of conduct for domestic cryptocurrency companies on Tuesday, which involves re-evaluating more than 1,300 cryptocurrencies already traded on local platforms.The newly announced self-regulatory standards for industry players will go into effect on July 19, the same day that South Korea’s first regulatory framework for cryptocurrency investor protection goes into effect, industry body Digital Asset Exchange Association (DAXA) said in a press release.“When new cryptocurrencies are listed in the future, exchanges will be required to review the tokens on both a formal and qualitative basis,” the press…
According to Apollo Crypto’s head of investment, sales of non-fungible tokens (NFTs) fell 44% in the second quarter amid a recent surge in meme coins featuring celebrities, politicians, and animals, and a slump in the cryptocurrency market. According to data from CryptoSlam, NFT sales fell from $4.14 billion in Q1 to $2.32 billion in Q2, part of a broader market slowdown.“Q2 was a difficult market, with Bitcoin down 15% and many altcoins performing even worse,” Henrik Andersen, chief investment officer at Apollo Crypto, told Cointelegraph.Monthly NFT trading volume since June 2017. Source: CryptoSlam“(However), meme coins are likely to take some…
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. Cryptocurrency traders are constantly pursuing: Best Cryptocurrency to Buy Every day. In this post, we highlight some coins with high potential. With the demand for promising altcoins with significant yield potential growing, several tokens have been gaining attention recently with significant increases in value. InsideBitcoins offers a variety of tokens that are of interest to investors due to their development and growth potential. It can be beneficial to closely monitor these alternative coins, especially if the market conditions continue to improve. Best Cryptocurrencies…
Binance has announced a limited-time promotion for USDC Simple Earn Flexible Products, giving users the opportunity to earn up to 7% APR rewards. According to Binance, the promotion will run from July 2, 2024 to July 15, 2024.Promotion DetailsUsers who sign up for USDC Simple Earn Flexible Products during the promotional period will enjoy an exclusive bonus tier APR of 4% on top of the live APR of approximately 3%. This combination allows participants to potentially earn a total APR of 7%.The subscription process operates on a first-come, first-served basis. Users must complete their subscription…
PowerPool 2.0: Capturing the AI Agent Market – Chainwire We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the Subscriber or User to use specific services expressly requested by the Subscriber or User, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested by the…
PowerPool 2.0: Capturing the AI Agent Market – Chainwire We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the Subscriber or User to use specific services expressly requested by the Subscriber or User, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested by the…
According to on-chain data, long-term Ethereum holders have recently been increasing their total share of the cryptocurrency’s supply. Currently, Ethereum HODLers hold the majority of the ETH supply. According to data shared by market intelligence platform IntoTheBlock in a post on X, the supply of long-term Ethereum holders has been increasing recently. “Long-term holders” (LTH), as defined by IntoTheBlock, are ETH investors who purchased ETH more than a year ago. Statistically, the longer an investor holds a coin, the less likely they are to sell it at any point. Therefore, these LTHs that tend to be long-term holders include those…