This week’s 13F filing revealed who is buying spot Bitcoin ETFs and how large their positions are. Bitwise Chief Investment Officer Matt Hougan said that while celebrating the ETF’s success, there is something important the media may be missing. I’m more bullish on the BTC ETF. Hougan reported that 563 professional investment firms collectively own $3.5 billion worth of Bitcoin ETFs. Hougan expects this number to eventually surpass 700 companies, with total assets under management reaching $5 billion.Hougan’s guess was spot on, with the latest data from K33 Research showing that more than 900 companies have disclosed their physical Bitcoin…
Author: Crypto Flexs
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We are proud to announce that Kraken has been recognized at the annual European Customer Focus Awards (ECCA) for the second year in a row. We won the Customer Insights and Feedback category and were shortlisted in the B2B Customer-Centric Culture and Customer Focus category. Overcoming fierce competition, this second award follows the 2023 ECCA win in the Customer Success category and being a finalist in the Employee Experience category. “We have always viewed customer feedback as a driving force that powers our overall business operations. We know that our customers are truly our best advocates, essential to the continuous…
Margex includes Kaspa deposits and withdrawals along with other existing features – Chainwire housenewsroomMargex includes Kaspa deposits and withdrawals along with other existing features. We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate…
OpenAI will train AI models based on content from social discussion platform Reddit, the two companies jointly announced on Thursday. Reddit, which describes itself as “an important space for Internet conversation,” said the agreement will expand the scope of OpenAI’s Large Language Model (LLM) corpus and improve user experience.“This partnership will allow Reddit to provide new AI-based features to Reddit users and mods.” OpenAI will “better understand and showcase Reddit content, especially on recent topics,” the company explained.Shares of Reddit (RDDT) briefly surged more than 14% in after-hours trading following the announcement. The company’s shares began trading on the New…
Solana-based memecoin launchpad Pump.fun said a former employee was behind the attack that occurred on Thursday. The incident involved a former employee gaining administrator privileges at Pump.fun and misappropriating approximately 12,300 SOL, worth approximately $1.9 million at the time.“At 15:21 UTC, a former employee used his privileged position at the company to illegally access withdrawal privileges and then used flash loans on the Solana lending protocol.” the platform said in its postmortem. Posted At X. The loan was used to borrow SOL to buy a lot of memecoins until the binding curve reached 100%, which gave the exploiter liquidity to…
How much does GME’s rally and social volume correlate with Bitcoin price trends? The same impact was seen at higher periods during the previous cycle. Bitcoin (BTC) broke above short-term local resistance at $64.5,000 on May 15, just two days after GameStop (GME) posted a measured 284% rally since last Friday. According to a recent post by X (formerly Twitter): st tly It was claimed that the GME craze has actually spread to cryptocurrencies. Given the speculative nature of the cryptocurrency market, especially the memecoin sector, this overlap makes sense. To see if crowd sentiment could mark the peaks and…
Bitcoin price rose to test the $66,500 area. BTC is currently consolidating gains and could attempt another hike up to $67,500. Bitcoin began its consolidation phase at the $66,500 resistance zone. The price is trading above $65,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a key bullish trendline with support at $65,150. Unless the bears break below $63,800, the pair could begin another rally. Bitcoin price remains supported Bitcoin price formed a base and began a new rise above the $63,500 level. BTC even cleared the $65,500 resistance and…
Notcoin: The New Frontier in Crypto Gaming Notcoin emerged as a popular clicker game on the Telegram app, captivating over 35 million users worldwide. Developed by Open Builders, the game allows players to earn in-game currency called Notcoins by repeatedly tapping golden coin icons. This mechanic introduces strategic gameplay elements that balance persistence and patience. The game includes a competitive element where players compete for positions on a global leaderboard categorized from Silver League to Diamond League. To increase returns, players can take advantage of daily boosts or purchase permanent enhancements with Notcoins. The game…
May 16th What is Notcoin (NOT)? Posted at 13:22h in education, tokens by admin Notcoin has carved out a niche for itself as a highly engaging clicker game within the Telegram app, captivating over 35 million users worldwide. Developed by Open Builders, the game simplifies the cryptocurrency gaming experience by allowing players to earn in-game currency called Notcoins by repeatedly tapping golden coin icons. Tapping like this depletes player energy and gradually regenerates it, introducing a strategic gameplay element that balances persistence and patience. The game enhances the way it plays by incorporating a competitive element where players compete for…
ETFSwap (ETFS) outperforms Shiba Inu (SHIB) and Litecoin (LTC) as liquidity flows into the ecosystem. With stealth and precision, the new kid on the block, ETFSwap (ETFS), has been observed to completely poach long-term whales and investors from top cryptocurrency projects Shiba Inu (SHIB) and Litecoin (LTC). The broader cryptocurrency industry, such as the whales of Shiba Inu (SHIB) and Litecoin (LTC), as well as large whales and smart money, identify increased investment potential and returns in ETFSwap (ETFS) based on the platform’s innovative utility. ETF Swap (ETFS) It recently raised a whopping $2 million in the first phase of…