September 25th Bitfinex Alpha | The market remains stable with top sales. Post time: 12:44h On Bitfinex Alpha Posted by Tammy This week we evaluate the state of the Bitcoin market and market sentiment by analyzing various on-chain indicators. Seller fatigue is widespread among short-term Bitcoin holders, as evidenced by the Spent Output Profit Ratio (SOPR) indicator, which appears to have peaked and shifted sales in this group. This suggests that acquiring Bitcoin at these levels may be prudent. In contrast, long-term holder dynamics are less dynamic. This is because the group has long expressed confidence in the asset and…
Author: Crypto Flexs
Read More
Hong Kong’s financial sector is witnessing a phase of transformation, led by Venture Smart Financial Holdings Ltd. (VSFG), which aims to launch a spot Bitcoin exchange-traded fund (ETF) in the first quarter of 2024. The move took place as part of Hong Kong. Kong’s broader ambitions to establish itself as a digital asset hub. Venture Smart Financial Holdings’ strategic decision is consistent with Hong Kong’s evolving regulatory environment, which has recently become more conducive to cryptocurrency innovation. Hong Kong’s Securities and Futures Commission (SFC) has opened the door to spot Bitcoin ETF applications, signaling a gradual shift in the region’s…
According to the report, Kahn has been a “long-time client” of B. Riley and the bank helped him lead “the management buyout of Franchise Group (FRG), a retail company headquartered in Delaware, Ohio.” Additionally, Nomura, a major Japanese financial group, “led a $600 million loan syndicate to B. Riley to finance Khan’s acquisition,” the report said, citing loan documents. It was revealed.
A groundbreaking token has emerged with the dual purpose of reducing costs associated with cross-chain fees and providing a safe haven for storing wealth on the Ethereum blockchain. As it gains momentum in the pre-sale phase, the Mollars token is capturing the attention of investors looking for financial benefits, a solution to the challenges posed by cross-chain transactions, and a trusted store of value within the popular Ethereum ecosystem. Mollars as a store of value for Ethereum Mollars is a powerful Bitcoin alternative that exists on the Ethereum blockchain. This choice addresses growing concerns surrounding Bitcoin’s independent blockchain, particularly its…
US presidential candidate and anti-CBDC advocate Ron DeSantis has declared that he will withdraw from the US presidential race as elections are scheduled for November this year. DeSantis has actively advocated against government adoption of central bank digital currencies (CBDCs) while also defending the rights of individuals to utilize Bitcoin and other cryptocurrencies. Anti-CBDC candidate Ron DeSantis saw ‘no clear path to victory.’ In a video shared on Ron DeSantis speaking in a video posted on X. Source: X/Ron DeSantis Despite this dedication, he acknowledged that there was no clear path to victory and announced his withdrawal from the presidential…
A sophisticated programmatic fraud operation was behind more than 1,300 fraudulent crypto tokens created since April 2023, defrauding more than 42,000 victims of $32 million, according to an analysis by security researchers at Blockfence. The task runs almost automatically, generating tokens similar to companies or projects that have not yet announced or launched tokens. Fake volumes are then introduced to bait traders. Once enough legitimate capital has come in, the scammer (assuming there are more than one) cashes out the tokens and repeats the process over and over again. Although the token contract appears to pass a number of security…
I understand that it is possible to emulate a connection up to 32 bits by calculating: x || y = x + (y
Cryptocurrencies have been gaining momentum in recent years, and there is no denying that this is here to stay with the advancements in blockchain technology. However, with so many cryptocurrencies available, it can be difficult to decide which is the best investment. Enter JudgeCoin. What is JudgeCoin? JudgeCoin is a new cryptocurrency that aims to revolutionize the way transactions are performed. Built on a secure, decentralized blockchain, it is resistant to fraud and censorship. With a focus on transparency and fairness, JudgeCoin is poised to become the future of cryptocurrency. Why JudgeCoin? There are several reasons why JudgeCoin is superior…
Temperature Foundation Decentralized Finance (DeFi) Sphere recently unveiled its innovative Ondo Points program along with plans to unlock ONDO tokens. These important initiatives reflect Ondo’s commitment to democratizing finance and enhancing transparency in the global financial environment. Ondo Points Program – Promotes Community Engagement Launched on January 8, 2024, the Ondo Points Program is tailored to expand community engagement and raise awareness of Ondo ecosystem products. Consisting of three distinct campaigns, the program is a strategic move to encourage active participation while fostering a sense of community and collaboration among users. Campaign 1: Wasted Stablecoins and Competition The campaign focuses…
Asia • January 22, 2024 12:28 AM EST Posted 1 minute ago In ~ Ondo Finance, a US-based tokenized securities issuer, announced today We open our first office in Asia Pacific.The company, which claims to have approximately 40% of the global market share of tokenized securities, currently offers three tokenized products: OUSG, OMMF, and OUSG. USDY — Allows exposure to U.S.-based asset classes such as U.S. Treasury bonds and money market funds.“There is an active and fast-growing cryptocurrency community and an appreciation for the type of high-quality exposure to U.S. assets that our token provides,” Ondo founder and CEO Nathan…