Bithumb announced new investment warning designations for SANTOS, PORTO, and LAZIO tokens due to low liquidity and manipulation risk. As Korea’s leading digital asset platform, Bithumb has consistently prioritized investor protection through strict trading support policies and supervision of supported digital assets. Bithumb recently announced to users that it has decided to designate three soccer club tokens (SANTOS FC (SANTOS), FC PORTO (PORTO), and SS LAZIO (LAZIO)) as investment warning assets. This decision is in accordance with the ‘virtual asset investment warning designation policy’. The main reason cited for this new designation is the low liquidity associated with these tokens,…
Author: Crypto Flexs
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A well-known cryptocurrency analyst is looking at the altcoin market trading Bitcoin (BTC). Cryptocurrency trader Michaël van de Poppe says 710,800 followers on social media platform “Altcoins are down 50-70% on Bitcoin pairs. It’s a real opportunity to establish yourself in that field.” Despite recent consolidation in the altcoin market, Van de Poppe Called Alt still has room to grow. “… Altcoin market caps saw a correction, which ultimately led to a buying opportunity. But if you look at the broader picture, you don’t really see a big correction and there’s still more to be gained… ” Source: Michaël van…
One analyst explained how a buy signal was formed in the price of Polygon (MATIC), which could lead to the asset rebounding towards this price target. Polygon is currently displaying a TD sequential buy signal. new post At X, analyst Ali discussed the Tom Demark (TD) sequential signal forming on the MATIC price chart. Here, TD Sequential refers to an indicator in technical analysis that is commonly used to pinpoint where a reversal in the value of a particular asset is likely. This indicator consists of two stages, the first stage is known as “Setup”. At this stage, up to…
One individual miner mined a single block of Bitcoin, earning 6.36 BTC before the impending halving. On April 5, a lone miner with an equipment hash rate of 7 PH/s entered block #837,814 into the first cryptocurrency blockchain. According to Mempool, users received a total of 6.36 BTC at the time of block mining, including a fee of 0.1 BTC. This equates to $422,750. Source: Mempool CKPool pool manager Con Kolyvas noted that miners have been mining intermittently since the pool was last restarted, and on average have accumulated about 0.05% of the stake needed to solve a block. “The…
The primary expense that must be paid by a blockchain is that of security. The blockchain must pay miners or validators to economically participate in its consensus protocol, whether proof of work or proof of stake, and this inevitably incurs some cost. There are two ways to pay for this cost: inflation and transaction fees. Currently, Bitcoin and Ethereum, the two leading proof-of-work blockchains, both use high levels of inflation to pay for security; the Bitcoin community presently intends to decrease the inflation over time and eventually switch to a transaction-fee-only model. NXT, one of the larger proof-of-stake blockchains, pays…
Funding • April 5, 2024, 12:39 PM EDT Posted 5 minutes ago In ~ “If there is no Ethereum ETF approval in May, we assume there will be litigation after May,” Nikolaos Panigirtzoglou, managing director and global markets strategist at JPMorgan, told The Block. “I think the most likely scenario is that the SEC ends up losing this lawsuit (similar to what happened with Grayscale and Ripple’s legal battle last year), which means the SEC will eventually approve a spot Ethereum ETF. This is probably ).”Notably, Panigirtzoglou maintained the probability of approval in May at 50%, despite recent reports that…
Predicting the next big move in the dynamic world of cryptocurrency is as much about understanding market sentiment as it is about recognizing technological innovations. As of April 19, three altcoins: Dogecoin (DOGE), Shiba Inu (SHIB), and Option 2 Trade (O2T) – is showing signs of potentially astronomical profits. These cryptocurrencies, each with their own unique appeal, are attracting the attention of smart investors aiming for 1000% returns. Dogecoin (DOGE): The Original Meme Coin Dogecoin (DOGE), the pioneer of meme cryptocurrency, has maintained a strong presence in the market despite volatility. With the support of a dedicated community and the…
In the cryptocurrency market, it is important to find the next big thing before you can succeed. With the Bitcoin halving event just around the corner, traders are looking for promising currencies that can yield high returns. Here are the top 5 cryptocurrencies that could explode in price below $0.1: 1. KANG 2. PEPE 3. GALA 4. VeChain (VET) 5. Flare (FLR) 1. KangaMoon (KANG): The best cryptocurrency to buy right now First on our list of top cryptocurrencies under $0.1 is KangaMoon (KANG). This rising pre-sale star soared 290%, raising more than $4 million. Some analysts also expect KangaMoon…
Optimism has seen a huge uptick in liquidity over the past few days. Operating profit prices continue to fall despite a surge in liquidity Among other layer 2 networks, Optimism (OP) has benefited tremendously from the recent Dencun upgrade of the Ethereum network, which has reduced gas fees for these networks. get liquid Over the past week, Optimism’s liquidity has increased by $62 million. Higher liquidity generally improves market efficiency and reduces slippage, making it more attractive for traders and investors to participate in network trading. This can drive increased trading activity and volume, contributing to an overall healthier ecosystem.…
Australian asset management company Monochrome plans to launch Korea’s first physical Bitcoin exchange-traded fund (ETF) that holds physical Bitcoin.Just came in: 🇦🇺 First #Bitcoin Australian spot ETF launched "In 2024" Asset management company Monochrome says:It will be the first Australian ETF to hold the holding. $BTC right away. pic.twitter.com/x8nYRNzZra— Bitcoin Magazine (@BitcoinMagazine) April 5, 2024 Monochrome has submitted an application to list its flagship Bitcoin ETF on stock exchange Cboe Australia. The company expects approval by mid-2024.Unlike previous Australian Bitcoin exchange-traded products, Monochrome’s ETFs hold actual Bitcoin. This structure mirrors the highly successful spot Bitcoin ETF in the US.The Australian…