Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. While experts predict Solana and Filecoin prices will decline by the end of May, Miley Moneda’s pre-sale is attracting investors seeking significant returns. With the recent market challenges faced by Solana (SOL) and Filecoin (FIL), their communities are increasingly looking elsewhere for revenue opportunities. Meanwhile, the pre-sale of Milei Moneda (MEDA) is attracting significant interest from holders of these tokens, as the prospects for doubling down on their investment on MEDA’s listing seem more favorable. Solana’s growth stagnates as…
Author: Crypto Flexs
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Posted 1 minute ago In ~ The Chicago Mercantile Exchange (CME) Group plans to launch Bitcoin spot trading in addition to its existing futures products, the Financial Times reported, citing people familiar with the matter.The group has reportedly been holding discussions with traders who prefer to trade cryptocurrencies on regulated platforms. According to the report, this plan has not yet been finalized.The FT report added that once Bitcoin spot trading begins on the CME, traders could profit from so-called basis trading, which allows them to profit by exploiting the difference between the futures price and the spot price of the…
May 13th Bitfinex Securities: Raising Capital for First Hotel at El Salvador International Airport Post time: 11:39h announcement Posted by Tammy April 11, 2024, Bitfinex Securities – Leading stock trading platform officially launches token bond issuance project for hotel construction Hampton by Hilton new international airport Messiah. This is the first project implemented by Bitfinex Securities El Salvador after becoming the first unit licensed to operate under El Salvador’s Digital Asset Securities Act. This project will feature a 5-story building with a total area of 4,484 m2, with convenience facilities such as 80 guest rooms, 5 commercial spaces, a swimming…
Fintech giant Mastercard announced on May 15 that it has added five new startups to its Start Path blockchain and digital asset program. The Start Path Blockchain and Digital Asset Program is a fintech accelerator program focused on “exploring future use cases to scale new solutions with startups around the world.” Participants in the program include cryptocurrency payment and card issuer Kulipa, blockchain software company Parafin, decentralized physical infrastructure network (DePin) company Peaq, data platform Triangle, and blockchain developer Venly. In a press release, Mastercard emphasized that this part of the program will focus on use cases and testing to…
I was woken up by a call from Vitalik at 5:55 this morning. It was pitch dark outside, and the night was still ahead of us. Nonetheless, it was time to leave and this week it was best to start off on the right foot. The 25-minute walk in the dark from Zug-based headquarters to the train station was a wet one. The streetlights reflecting off the puddles of the clean Swiss streets provided a quiet yet picturesque village parade. I couldn’t help but think that the rain streaming down my face was a very fluid sign of the impending…
Binance Adjusts Tick Size for Spot Trading Pairs To increase market liquidity and improve the overall trading experience, leading cryptocurrency exchange Binance has announced adjustments to the tick size (minimum change in unit price) for certain spot trading pairs. These changes are scheduled to be completed by 05:00 UTC and 07:00 UTC on May 23, 2024. More information about the tick sizes for all spot trading pairs on Binance can be found in the platform’s trading rules. Impact of Coordination Importantly, the adjustment does not affect spot trading and other related functions. API users can…
The S&P 500 Index (SPX) and Nasdaq Composite Index hit record highs after the U.S. consumer inflation report showed weaker-than-expected results. This triggered a rally in Bitcoin (BTC), pushing the price above $66,000. The further Bitcoin moves away from $60,000, the less likely a collapse becomes. However, this does not guarantee the start of a new upward trend. Galaxy Digital founder and CEO Mike Novogratz said during the company’s first quarter earnings call that Bitcoin is likely to consolidate between $55,000 and $75,000 before moving higher later this quarter.The failure of the bears to get Bitcoin below $60,000 appears to…
The Swiss Federal Council’s proposal to include cryptocurrency assets in the Automatic Information Exchange (AEOI) system demonstrates the country’s commitment to cryptocurrency tax compliance and transparency. The Swiss government is preparing a tax policy for cryptocurrencies. On May 15, 2024, the Federal Council declared that it would conduct a consultation process for the Automatic Exchange of Information (AEOI) on cryptocurrency assets. This decision will allow Switzerland to cooperate more internationally with other countries in efforts to tackle digital tax evasion. AEOI previously focused on financial accounts. In modern times, there are more and more ways to evade taxes. This issue…
In a notable development in the blockchain industry, TRON DAO announced that Google Cloud has joined its list of super representative candidates. This collaboration aims to strengthen blockchain governance and provide advanced analytics capabilities to developers within the TRON ecosystem. Google Cloud’s entry as a Super Representative candidate builds on existing collaboration between the two companies. TRON data was previously available in BigQuery, Google’s serverless data warehouse, enhancing developers’ analytics capabilities. This partnership is expected to further streamline transaction processing and block production on the TRON network. Including Google Cloud brings several benefits to the TRON ecosystem. The advanced analytics…
The U.S. spot Bitcoin exchange-traded fund (ETF) recorded a total daily net inflow of $302.97 million on Wednesday, the highest since May 3.According to SoSoValue, Fidelity’s FBTC led the inflows with $131 million in daily inflows, followed by the Bitwise fund’s $86 million. data. Ark Invest and 21Shares’ ARKB recorded $39 million, while Valkyrie, VanEck, Franklin Templeton, WisdomTree and Bitcoin ETFs managed by Invesco and Galaxy Digital reported single-digit net inflows.Meanwhile, Grayscale’s GBTC, the largest spot Bitcoin fund by net asset value, recorded its third net inflow yesterday, bringing in $27 million. The second largest, BlackRock, had zero flows.“The large…