Edmond de Rothschild Holding SA, a private banking and asset management company linked to France’s prominent Rothschild banking family, holds stakes in Grayscale’s GBTC and Blackrock’s IBIT, according to a recent earnings report. Edmond de Rothschild Holding’s 13F filing reveals investments in Grayscale and Blackrock Bitcoin ETFs. For many years (…)
Author: Crypto Flexs
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Bitcoin (BTC) fell 3.3% on May 14 to retest the $61,000 support level, but was quickly defended. More importantly, this correction marked the second failed attempt to break $63,500 in a week. Despite sub-optimal price action, Bitcoin bulls remain confident, as evidenced by BTC derivatives indicators.Although the current Bitcoin price trend appears bearish, some analysts still believe there is a good chance of a price resurgence above $70,000.source: CryptotoadTrader and analyst Cryptotoad was impressed by how long the $60,500 support level held. However, he argues that a higher high (likely a daily close above $67,000) is needed to break the…
Lingo launches largest SocialFi campaign ever with multi-million token reward pool – Chainwire housenewsroomLingo launches its largest SocialFi campaign ever with a multi-million token rewards pool. 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…
Community & educationBITS Pilani Ethereum Ecosystem Advancement InitiativeSupport for Ethereum educational development at the Birla Institute of Technology & Science (BITS) Pilani in India through coursework, practical projects, and community engagement.Community & educationBlockchain Fundamentals Course & Solidity BootcampXerxisEthereum educational content for the local Ethiopian developer community in Amharic.Community & educationDeveloper CoursesEthereum BogotáProduction and organization of advanced in-person Solidity development courses over a seven month period.Community & educationCommunity Building MeetupsEspacio CriptoSeries of six in-person community-building meetups for communities in Mexico City to explore and be educated about Ethereum content.Community & educationETHBostonConference and hackathon in Boston, USA, centered around topics related to…
A 7-day moving average of active addresses was noted a few weeks ago for the first time since March 2020. Bitcoin BTC -2.24% The network fell below 700,000 as expectations for Rune caused fees to skyrocket after the halving. This was not unexpected. High fees can price out users and discourage them from interacting with the blockchain.When fees become unsustainably high, as in Runes, users unwilling to pay the fees will back off. Eventually, the hype will die down and fees will stabilize again, allowing users to come back and transact at more consistent prices.But that doesn’t seem to be…
A widely respected cryptocurrency analyst and trader believes that Bitcoin (BTC) is primed for a major rebound. Analyst known by the pseudonym Credible Crypto says The 393,300 followers on social media platform X said Bitcoin could recover to the $68,000 level within a few days. “Not much has changed here, but now I have a lot of substitutions hitting my down target/bounce zone and things are starting to line up. I would not rule out another plunge in local demand and would expect the relief/reversal in the upward trend we have been looking for. Let’s go and catch it.” Source:…
J. Christopher Giancarlo, former Chairman of the Commodity Futures Trading Commission, will join Paxos’ Board of Directors. According to a press release from Paxos, the former CFTC chairman will join the board of directors of the stablecoin issuer. The company hired Giancarlo to work with other directors, including former U.S. Senator Bill Bradley. “Chris brings unparalleled expertise and understanding of complex market dynamics to Paxos. (…) His insights will help us expand our position as a leader in regulated digital asset market structures and stablecoin innovation. It will be helpful.” Charles Cascarilla, CEO and Co-Founder of Paxos Giancarlo served as…
According to a May 14 report from blockchain security platform CertiK, the Alex protocol bridge on the BNB smart chain network suffered $4.3 million in suspicious withdrawals shortly after its contracts were suddenly upgraded.Alex is a Bitcoin layer-2 protocol. According to its official website, it provides decentralized finance applications for Bitcoin. Bridges are used to transfer assets from other networks, such as BNB Smart Chain and Ethereum, to their own network.Blockchain data confirms that the Alex distributor account has made five identical upgrades to the “bridge endpoint” contract on the BNB smart chain since 3:56 PM UTC. Approximately $4.3 million…
In addition to accumulating established cryptocurrencies such as Ethereum (ETH), Solana (SOL), and XRP, cryptocurrency whales are also known to hunt newer coins such as RCO Finance (RCOF). In addition to accumulating existing cryptocurrencies such as Ethereum (ETH), Solana (SOL), and XRP, altcoin whales are known to seek out new coins such as: RCO Finance (RCOF). An example is the Friend.tech whale, which recently accumulated over 55,000 newly minted FRIEND tokens. Offload after token airdrop launch. Let’s learn about recent whale activity and explore the potential of RCOF in a dynamic environment. Crypto Whales: Ethereum (ETH), Solana (SOL), and XRP…
Binance Introduces New USDⓈ-M Contract for Futures Copy TradingBinance, a giant cryptocurrency exchange, announced the addition of a new USDⓈ-M contract to its futures copy trading platform. The new contract was introduced on 14 May 2024 at 08:00 (UTC).What is Binance Futures Copy Trading?Binance Futures Copy Trading is a unique platform that allows users to copy the portfolios of experienced traders in real time. Once the user decides on the investment amount, the system automatically replicates the trade from the selected lead trader’s portfolio. This innovative feature gives novice traders the opportunity to become familiar…