Market • April 6, 2024, 1:08 PM EDT Posted 1 minute ago In ~ Pantera Capital, the first $5.2 billion asset manager solely focused on blockchain technology and digital assets, recorded a 66% gain in its Liquid Token Fund during the first quarter of 2024. Profits were led by: Solana brush +2.03% And the following micro tokens: Ribbon Finance RBN -1.10% Aebo, and stack STX +2.52% According to Bloomberg reportThe fund sold a significant portion of its positions. Bitcoin BTC +0.78% and Ethereum ETH +0.55% Base token. Pantera’s Liquid Token Fund manager explained that the fund has meaningfully reduced its…
Author: Crypto Flexs
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Koala Coin (KLC) is capturing the hearts of Bitcoin and Ethereum Classic enthusiasts, launching an attractive pre-sale at just $0.014 with an ambitious target of 110x profits. This unique product shines brightly in the cryptocurrency community and is attractive to those looking for a long-term investment option. The Koala Coin pre-sale is encouraging conversion into an investment without compromising the potential for significant returns. Koala Coin (KLC): A unique combination of whimsy and wealth Koala Coin is at the…
Heavy metal band Avenged Sevenfold has been a longtime Web3 enthusiast, launching its own line of Deathbats NFTs and building out token-gate ticket sales through Ticketmaster.Now the band has launched Season Pass, a decentralized fan rewards platform that it calls the “culmination” of Web3’s efforts, allowing Avenged Sevenfold followers to collect rewards by participating in activities connected to the band. It’s similar to the battle pass for the popular video game Fortnite, but with a focus on bands.Frontman Matt Sanders (aka M. Shadows) said: decryption By slowly introducing fans to the benefits of Web3, “they become evangelists for Web3 because…
With the Cardano collapse impacting investor sentiment, the market is cautious about fluctuating FLOW price predictions. Still, the spotlight is on that side. BlockDAG (BDAG) Projects hailed as top cryptocurrency investments, with innovations such as DeFi payment cards revolutionizing trading. With $13.2 million raised in presale and expectations for a 20,000% ROI, BlockDAG’s recent whitepaper v2 release signals a transformative era for DeFi. We promise fast, secure, and decentralized financial solutions that will captivate the cryptocurrency community. Flow’s market resilience amid volatility The FLOW price prediction presents a bullish outlook for the price to rise to $1.54, soon rising 30.04%,…
The world around us is constantly changing, and how we manage our money is no exception. The digital age has opened up exciting new possibilities for building wealth, but it can also be confusing. In the past, traditional banks and investment firms were the frontrunners, but now a new force is emerging: decentralized finance (DeFi). DeFi leverages the power of blockchain technology to provide an alternative financial ecosystem. DeFi promises a more accessible, efficient, and potentially more profitable approach to wealth building. But this nascent technology also carries inherent risks. That’s right there amplification Amplifi is a tool designed to…
There is a point where numbers start to lose touch with reality. Am I not the only one who has this belief? An example of this phenomenon is the asteroid Psyche, located about 370 million kilometers from Earth. According to scientists, the asteroid has large deposits of precious metals such as gold and platinum. NASA scientists estimate that if these metals were brought to Earth, they would be worth as much as $10 trillion. That’s a 1 followed by 19 zeros! And we are talking about the US dollar here, not the Zimbabwean dollar. How can you wrap your head…
The first time I heard about people passionate about Luna and UST was when I attended a weekly gathering in London. They claimed that the coin continues to rise and that UST is being used by Korean citizens to pay for groceries. At the time, I was skeptical to say the least. Stablecoins based on other tokens that could go to zero at any point seemed insecure at best. One of my biggest regrets as a journalist is that I didn’t look into this issue more deeply and consider the risks in more detail. But even if that were the…
On February 15, Genesis received permission from the New York Bankruptcy Court to sell approximately 36 million shares of GBTC and two additional shares of the Grayscale Ethereum Trust. Real estate attorney upon application Grayscale stock has been valued A total of $1.6 billion, including nearly $1.4 billion from GBTC, $165 million from the Grayscale Ethereum Trust, and $38 million from the Grayscale Ethereum Classic Trust.
Pantera Capital’s Liquid Token Fund, which has total assets of about $300 million, reported a 66% return in the first quarter. This was primarily driven by investments in cryptocurrencies such as Solana and reducing stakes in Bitcoin and Ethereum-related assets. According to Bloomberg, altcoins such as RBN, Aevo, and STX also contributed to these impressive first quarter results. During the same period, Bitcoin rose 67%, reaching a high of $73,798 by mid-March, but has since declined slightly. By contrast, Solana’s value has nearly doubled. The prices of Bitcoin and Solana were recorded at $67,540 and $174, respectively, at last check…
A widely followed trader is expressing bearish sentiment towards the months-old memecoin built on top of Solana (SOL). Trader known by the pseudonym Bluntz says 253,400 followers on social media platform X scheduled for correction by dogwifhat (WIF). According to an anonymous trader who applies Elliott Wave theory to technical analysis, WIF appears to have completed its five-wave rally and is now ready to enter the ABC correction wave. According to Elliott Wave theory, bullish assets tend to witness ABC corrections after completing a five-wave upward movement. Blunts says: “I think macro 5 (wave) from scratch in WIF could be…