Author: Crypto Flexs

Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced the acquisition of an additional 247 Bitcoins for $17 million in cash, bringing its total holdings to 828 BTC. The company also plans to raise $150 million to expand its Bitcoin reserves. Just arrived: BlackRock branch #Bitcoin ETF IBIT saw inflows of $347.1 million today. pic.twitter.com/SIKByVcctAadvertising — Bitcoin Magazine (@BitcoinMagazine) June 6, 2024 Semler made waves last month when he adopted Bitcoin as his primary treasury reserve asset, mimicking MicroStrategy’s influential corporate Bitcoin accumulation strategy. After purchasing his first 581 bitcoins, Semler continued to acquire more coins. “Semler remains focused on two…

Animoca Brands Chairman Yat Siu said Hong Kong asset managers were working to include staking in their spot ether exchange-traded fund, hoping the staking rewards feature would be approved this year.Hong Kong is “currently in discussions,” Siu told The Block in an interview. ETH -0.98% He stated that the possibility of ‘staking’ being approved in Asia rather than the United States is ‘almost a foregone conclusion.’“As for how fast, there is an optimistic side to hoping it will happen within the year,” Siu said. “I would say that unless there is a big movement in annual staking, the election results…

We are very excited to announce that. PENDLE, Now available on Kraken! Funding and Transactions PENDLE funding is now available and trading will begin on June 6th. Go to: Add tokens to your Kraken account. fundingSelect an asset and tap deposit. Make sure you deposit your tokens on a network supported by Kraken. Deposits made using other networks will be lost. Did you purchase PENDLE? And what about the Kraken account? ⤵️ PENDLE is tradable on Kraken and Kraken Pro using the following parameters: LegacypairPrice decimal precisionMinimum order sizeMinimum deposit amountpendleUS Dollar, Euro422 memo: Once liquidity conditions are met, trading…

Bitdeer Technologies announced the development of the SEAL04 chip, an energy-efficient solution for Bitcoin mining expected to achieve a power efficiency of 5J/TH by the second quarter of 2025. The post Bitdeer unveils new chips for low-power Bitcoin mining appeared first on Crypto Briefing.

If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportMedical technology company Semler Scientific has doubled its purchasing plans. bitcoin It purchased an additional $17 million worth of BTC for the Treasury and announced plans to purchase up to $150 million more.In a press release, the company stated that it acquired 247 BTC for a total of $17 million in cash, including fees and expenses. This purchase brings total Bitcoin holdings to 828 BTC, worth nearly $59 million at…

GalaSwap, a key player in the cryptocurrency ecosystem, has unveiled a new feature to empower its community: a project token creation tool. According to Gala News, this innovative tool allows users to create their own custom tokens on GalaChain by burning $GALA and submitting it to a community approval process. Create your own token The project token creation tool allows GalaSwap users to burn $GALA tokens to create a variety of tokens, from meme coins to utility tokens. This simple process allows users to bring their unique ideas to life. Once the token is created,…

The TON blockchain is making big moves to bring the USDT stablecoin to users around the world. Tether’s vast network will be leveraged to seamlessly integrate USDT into the TON ecosystem. Business development teams on both sides have been working to ensure smooth adoption of USDT by local partners. The TON blockchain, known for its association with messaging giant Telegram, is making major efforts to achieve wider adoption. TON aims to significantly increase accessibility for users around the world by collaborating with Tether, a leading stablecoin USDT issuer. Tether (USDT) collaborates with TON This strategic collaboration focuses on seamless integration…

Ethereum price began a downward correction at the $3,885 resistance zone. ETH is now back below $3,800 and may continue to fall towards $3,720. Ethereum began a downward trend after failing to clear resistance at $3,880. The price is trading below $3,840 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a break has occurred below a key bullish trendline with support around $3,830. As long as the pair fails to close below the $3,720 support, the pair could start a new uptrend. Ethereum price falls again Ethereum price rose above the $3,840…

index Former President Donald Trump has gone from a cryptocurrency critic to a digital asset advocate, holding more than $32 million in cryptocurrencies.The change in President Trump’s position is largely influenced by Vivek Ramaswamy, who has advised Trump. This change is reflected in Trump’s increased cryptocurrency holdings.Donald Trump’s Growing Crypto HoldingsTrump’s cryptocurrency portfolio has increased significantly in value over the past three months, according to data compiled by Arkham Intelligence. Driven by an unprecedented surge in meme coins, the portfolio hit a high of $32 million. However, in addition to meme coins, Trump has diversified his holdings across a variety…

Bitcoin remained stuck at $71,000 until June 7 as analytical tools began calling for a retest of lower levels.BTC/USD 1-hour chart. Source: TradingViewBitcoin bulls “save” the daily close after selling on exchanges.Bitcoin (BTC) price was on the rise after hitting an intraday low of $70,120 on Bitstamp before the daily close, according to data from Cointelegraph Markets Pro and TradingView.The recent move continued the theme throughout the week with resistance below all-time highs and a trip towards a heavy downside wick. Another week on June 5th took BTC/USD to $69,600 before a rebound began. Commenting, trading resource Material Indicators suggested…