interest rate determinationThe Hong Kong Monetary Authority (HKMA), which represents the Hong Kong Special Administrative Region government, announced the annual interest rate for the sixth installment of the iBond series, which matures in 2024. According to HKMA, the sixth interest payment will be made. It will be issued on June 24, 2024, subject to the terms and conditions outlined in the issuance circular dated May 12, 2021.The sixth payment interest rate is determined by the higher interest rate between the current variable interest rate and the fixed interest rate. On June 7, 2024, these rates…
Author: Crypto Flexs
tonekeeper wallet dominate Google Play store. that much telegram-Compatible wallets include a variety of innovative features. characteristic to provide something better user experience. ton Apparently it’s at UNStopfable ascent. Telegram Open Network (TON) suffered a major setback in 2020 when the U.S. Securities and Exchange Commission (SEC) forced it to return $1.2 billion to investors for allegedly offering unregistered securities. Today, following a post-SEC community takeover, TON has rebounded strongly to become a top 10 cryptocurrency. TON continues to secure key partnerships to expand its reach and appeal. Most notably, it has partnered with Tether to offer USDT and XAUT…
An increase in the number of active addresses and trading volume can have a significant impact on Litecoin’s market performance. Analysts predict a positive trajectory for LTC prices. Litecoin (LTC) was initially introduced as an alternative to Bitcoin (BTC) and has recently seen significant growth. As observed, active addresses surpassed those on Ethereum, indicating a surge in user interest and network activity. According to the latest on-chain data, Litecoin’s active addresses have increased by 75%, surpassing Ethereum’s active addresses by over 100,000. Dynamic Litecoin Ecosystem The change in activity is highlighted by the significant increase in daily transactions for Litecoin,…
The non-fungible token market has finally returned to its initial positive trend after more than two months of decline. The global NFT market began to plummet in early March after the initial market hype that fueled its revival died down. The NFT market surged 1.75% this week. NFT sales have increased 1.75% over the past seven days. The non-fungible token market has finally broken resistance levels and recorded some positive growth this week, according to data collected by cryptoslam.io, an on-chain cryptocurrency market data aggregator and multi-chain non-fungible token explorer. Over the past seven days, the NFT market has recorded…
Bitcoin (BTC) saw sharp downward volatility heading into the Wall Street open on June 7 as U.S. payroll data surprised the market.BTC/USD 1-hour chart. Source: TradingViewBitcoin stumbles due to highly mixed US jobs data.Data from Cointelegraph Markets Pro and TradingView showed that the BTC price fell $1,300 within an hourly candle before the rebound began.Bitcoin joined the merciless reaction to U.S. non-farm payrolls data, which beat expectations by a wide margin suggesting the labor market is coping better with tighter fiscal policies than expected.This in turn lowers the probability that the Federal Reserve will cut interest rates, a key prerequisite…
Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technologies aimed at fighting chronic diseases, expanded its Bitcoin portfolio by acquiring an additional 247 Bitcoins for $17 million, including fees and expenses. As of June 6, the company’s total Bitcoin holdings were 828 BTC, purchased for a total of $57 million. CEO Doug (…)
Blockchain network Zilliqa has officially released its whitepaper and roadmap for its highly anticipated version 2.0 upgrade, which will be deployed on mainnet in late 2024. According to the network, the new version promises to improve the platform, making it faster, more efficient, and able to collaborate with other blockchain networks. What’s new in Zilliqa 2.0At the core of Zilliqa 2.0 is a sharding architecture called x-shard. This feature allows businesses and developers to create customized blockchain experiences tailored to their needs, while users can build anything they imagine on the Zilliqa platform.Sharding is a method used in blockchain and…
Available exclusively throughHow BlackRock’s Bitcoin ETF Shapes Cryptocurrency Markets Andjela Radmilac · 4 days ago CryptoSlate’s latest market report details the meteoric rise of BlackRock’s Bitcoin ETF to understand how it has positioned itself at the forefront of the cryptocurrency market.
The Norwegian government froze and returned $5.7 million in related funds, including $600 million. ronin theory -2.22% Exploit in 2022.Ronin is an Ethereum sidechain built to support Play-to-Earn Web3 games. axi infiniti AXS -1.12% Created by developer Sky Mavis.Sky Mavis posted on The Axie Infinity web3 game creator said recovering assets would require a joint effort between law enforcement, lawyers, accountants and blockchain forensics companies such as Chainalytic. It was confirmed that 15% of the funds would be used to cover costs and the remainder would be deposited into the Axie Infinity treasury.“We would like to express our heartfelt gratitude…
A closely watched cryptocurrency analyst believes an Ethereum (ETH) competitor is gearing up for huge profits. Alien trader Kaleo tells his 641,800 followers on social media platform “AVAX/BTC: I still won’t sleep on the Avalanche here. The chart appears to be at a similar point as in July 2021. I started the year with big gains, followed by months of bleeding before I started tearing up. Be quiet before the storm comes.” Source: Kaleo/X Looking at the chart, traders suggest that AVAX/BTC could break out to 0.0014 BTC ($99.87) in a descending channel, similar to t.The trading pair surged from…