Hong Kong’s Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded their largest ever net outflow on Monday, May 13, wiping out all the profits they had earned since launch in less than two weeks.Bosera, ChinaAMC and Harvest Global’s spot Bitcoin ETF funds saw net outflows of $32.7 million, while ChinaAMC’s Bitcoin fund suffered the biggest loss on the day with outflows of $15.5 million, according to Farside Investors data. Yes.Meanwhile, spot Ether ETFs from the same issuer recorded joint net outflows totaling $6.6 million. Harvest Global and ChinaAMC recorded the largest outflows at $3 million each.As of Monday, total…
Author: Crypto Flexs
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President Joe Biden on Monday ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to cease operations, saying it posed a national security threat.
Chiliz and Atlético de Madrid expand partnershipIn a pioneering move that marks the start of a new phase of Fan Token utility, Chiliz, the leading blockchain provider for the sports industry, and Atletico Madrid have agreed to expand their partnership. The goal of this collaboration is to strengthen the Atlético Madrid Fan Token and make it more accessible to fans through the club’s official app and digital ecosystem.This expanded partnership provides Atlético Madrid Fan Token holders with more benefits along with more rewards. Crucially, this will allow fans to access opportunities linked to their Fan…
Bitcoin’s strong rebound from the $60,000 level is encouraging, but it could still be a hint that BTC’s range-limiting measures could continue for some time.
The IVS Crypto 2024 Kyoto and Japan Blockchain Week summit is expected to attract over 50,000 attendees from various web3 projects led by the Aptos (APT) community. Following the successful hosting of the 2023 IVS Kyoto event, the IVS Kyoto Executive Committee has revealed details of the annual cryptocurrency conference to be held in Japan this year. According to the announcement, the IVS Crypto 2024 Kyoto event will be held between Thursday, July 4 and Saturday, July 6, 2024. Japan’s richly decorated cryptocurrency and web3 event will be held at Kyoto Pulse Plaza. In addition to IVS Crypto 2024 Kyoto,…
Bitcoin (BTC) started the month with the deepest retracement of the cycle, falling to the $56,000 support level. The tracking has raised alarm among some cryptocurrency investors and market observers who fear the bull market is over. Since then, the largest cryptocurrency by market capitalization has recovered important levels and analysts have seen a bullish pattern on BTC charts, suggesting it may finally be coming out of the crisis.advertising Related Reading Is Bitcoin out of danger? As tracking progressed on May 1, cryptocurrency analyst Rekt Capital highlighted the similarities between Bitcoin’s performance following its 2016 and 2024 halvings. He suggested…
Pepe (PEPE) price broke the $0.000010 level for the first time since March 15th. According to data from Cointelegraph Markets Pro and TradingView, PEPE rose 34% in the last 24 hours to hit a new record of $0.00001119 on Binance.PEPE/USD daily chart. source: TradingViewPEPE’s trading volume increased 245% over the past 24 hours to $1.56 billion, and its market capitalization jumped to $4.31 billion, surpassing Ethereum Classic (ETC) to become the 23rd largest cryptocurrency by market capitalization. .PEPE’s achievement follows the return of ‘Roaring Kitty’, Keith Gill’s account on social media platform X, which has been dormant since June 2021.…
May 13th Understanding Tokenized Securities Tokenized securities represent an important evolution, combining the reliability of traditional investment vehicles with the efficiency and flexibility of digital assets. Today we’ll look at how these digital assets enable traditional securities like stocks, bonds, and derivatives while offering enhanced features like instant payments, global accessibility, and increased transparency. Let’s understand the concept of tokenized securities and explore their regulatory environment, operating mechanisms, and revolutionary potential to reshape investment paradigms in the digital asset era. What are securities in traditional finance? Traditional securities in established financial markets represent a broad category of tradable financial assets…
Bybit Web3 Announces IDO for Thetanuts (NUTS) – Chainwire housenewsroomBybit Web3 Announces Upcoming IDO for Thetanuts (NUTS) 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 purpose of storing preferences that have not…