join us telegram A channel to stay up to date on breaking news coverage BNP Paribas, Europe’s second-largest bank by assets, has made notable progress in cryptocurrency investing, in a significant development reported in a 13F filing with the U.S. Securities and Exchange Commission (SEC). The multinational bank acquired 1,030 shares of BlackRock iShares Bitcoin Trust (IBIT) in the first quarter of 2024. Each share was purchased at a price of $40.47, bringing the total investment to $41,684.10, which, interestingly, is less than the value of a single Bitcoin. At current market price. BNP Paribas’ strategic investment in Bitcoin ETF…
Author: Crypto Flexs
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Bitcoin (BTC) is facing significant resistance that is keeping the BTC price rebound below $60,000.BTC/USD recovered up to 6.2% from this week’s lows but failed to break a key trendline, data from Cointelegraph Markets Pro and TradingView showed.Moving average threatens BTC price “trial”Bitcoin fell 23% from its all-time highs through April and May, and so far, a return to BTC price discovery remains unlikely.As Cointelegraph reported, Arthur Hayes, former CEO of cryptocurrency exchange BitMEX, expects BTC/USD to feature trading in a range below $70,000 by August.But first the $60,000 needs to be recovered and so far the trend line protecting…
Renzo Protocol’s REZ has seen significant market turmoil. The token plummeted after two incidents. REZ still depicted volatile trading patterns at press time. Renzo Protocol’s native token REZ lost nearly half its value on Tuesday after being listed on Binance, the world’s largest cryptocurrency exchange by trading volume.On April 23, Binance listed REZ as the 53rd project on Launchpool as part of its token distribution plan. Renzo has allocated 250,000,000 REZ, equivalent to 2.5% of the token’s maximum supply, for the Binance Launchpool rewards program. Learn more Data retrieval failed: cURL error 28: Resolution timed out after 5514 milliseconds. REZ…
In his MicroStrategy World: Bitcoin for Enterprise keynote, MicroStrategy Chairman Michael Saylor gave a masterclass on corporate finance and the power of Bitcoin to strengthen corporate balance sheets. Saylor made a point of emphasizing Bitcoin. Single Solutions for Capital Gains in an Inflationary Environment.In his speech, Saylor likened the cost of capital to a benchmark that a company must surpass. Increase Purchasing power is “Bitcoin Only Assets that exceed the cost of capital. In other words, is Everything else is dilutive.”Additional explanation truth On the cost of capital, he said, “S&P is a modern replacement for the cost of capital….…
Share this article Trezor, a cryptocurrency hardware wallet manufacturer, announced today that it is discontinuing the CoinJoin feature in its Trezor Suite. The service provided in partnership with zkSNACKs, the developer of Wasabi Wallet, will end in June. Despite the termination of service, Trezor assures users that they will continue to have access to the funds within their Coinjoin account. Trezor’s Coinjoin will end on June 1, 2024. We take the privacy of our users very seriously and regret that we have to announce the discontinuation of the Coinjoin feature in Trezor Suite no later than June 1, as our…
The surveillance system includes international sanctions compliance and detection of illicit transfers that may be linked to activities such as terrorist financing and cryptocurrencies that “may pose a risk or be associated with illicit and/or sanctioned addresses,” according to the Tether blog. This will help you identify your wallet. post.
As 2024 passes, it attracts more attention. BlockDAG, ranked among the top 9 most talked about cryptocurrencies this year. With an impressive $22.3 million in pre-sales and a bullish trajectory toward $20 by 2027, BlockDAG is driving growth and innovation, outperforming other popular projects such as Bitcoin, Ethereum, and Solana. The impressive sales of 8.3 billion coins and $2.3 million raised from mining equipment sales highlight the company’s dominance and investor confidence. 1. BlockDAG: A pioneering hybrid encryption technology BlockDAG sets the standard with a unique hybrid of blockchain and DAG technologies, achieving exceptional scalability and security. BlockDAG, which quickly…
Web3 • May 3, 2024 2:46 AM EDT Posted 1 minute ago In ~ Web3 social media platform FriendTech’s new native token has begun trading on the Base network’s native decentralized exchange.According to DexScreener, the Friend token is currently trading at $3 with a circulating supply of approximately 14.5 million.FriendTech, which launched last August on the Ethereum Layer 2 network base, rose to prominence as a unique invitation-only networking service that leverages social tokens called “Keys” that give users access to exclusive chats and content from creators.The token airdrop coincided with the release of FriendTech version 2 (v2), which brings…
A wind of change is blowing around Ethereum, the world’s second largest cryptocurrency. Despite the recent price drop, the network has seen a surge in new user activity, sparking optimism. But the enormous influence of large holders known as whales continues to cast a long shadow. Opening a new wallet for business Data from blockchain analytics firm Santiment shows a surge in new Ethereum wallets, including a record 267,000 created on April 28 and 29. The inflow marks the highest two-day increase since October 2022 and suggests there may be renewed interest in the Ethereum network.advertising 📈 #Ethereum As April…
Popular trader and economist Alex Krüger says he is currently “big buy” in the cryptocurrency market. kruger says He has 173,800 followers on social media platform The economist points out that they are soon looking to “de-risk.” However, he acknowledges that Bitcoin (BTC) could plummet below $59,000 and then fall to $52,000. BTC is trading at $57,093 at the time of writing, down more than 4.5% in the last 24 hours. Describe Kruger. “I am not immune to bear attacks. My bigger picture perspective has not changed: a new ATH (for Bitcoin) will be released later this year. The end-of-cycle…