Dogwifhat Open Interest (OI), a Solana-based Mimecoin, has been declining since July 27 due to the price crash, and traders are expecting a retest of key support levels in the short term.According to CoinGlass data, Dogwifhat (WIF) OI (measuring the total value of Dogwifhat futures contracts outstanding or unsettled across exchanges) fell to $252.5 million on August 3, down about 28% from $353.4 million seven days earlier on July 27.On April 1, Dogwifhat hit a yearly high on Open Interest, reaching $615.16 million. Source: CoinGlassAccording to CoinMarketCap data, WIF was trading at $1.67 at the time of publication on August…
Author: Crypto Flexs
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Tony Kim 2 Aug 2024 12:54 Arkham Intelligence has surpassed 100,000 users since its beta launch in August 2022, growing at an average of 40% per week. According to arkhamintelligence.com, Arkham Intelligence, a leading cryptocurrency analytics platform, has reached a major milestone by surpassing 100,000 users. This achievement was achieved less than two years after the beta program was launched in August 2022. Explosive growth since beta launch Since the launch of the Arkham Beta Program, the platform has experienced almost unprecedented growth, with an average weekly growth rate of approximately 40%. This rapid…
Policy • August 3, 2024 10:07 AM EDT Posted 1 minute earlier In ~ According to recent reports, White House officials and cryptocurrency industry executives are planning to attend a virtual roundtable on digital asset policy hosted by crypto-supporting Rep. Ro Khanna (D-CA) on Monday. The meeting appears to be a follow-up to Rep. Khanna’s roundtable in July, an in-person meeting on the same topic that also featured billionaire Mark Cuban and New York Sen. Kirsten Gillibrand. This time around, White House officials, including National Economic Council Director Lael Brainard, White House Deputy Chief of Staff Bruce Reed, and outgoing…
Man U NFT Trading Cards It will be broadcast live next season. Cryptocurrency and sports cause division organization. Manchester United Fans have High expectation attache Ineos buy transaction. The intersection of cryptocurrencies and sports is controversial, generating both excitement and skepticism. Supporters argue that blockchain technology offers unique fan engagement and immersive experiences that strengthen the bond with their favorite teams. Critics, however, worry that these initiatives could exploit loyal fans for financial gain. Despite ongoing controversy, United have unveiled their latest crypto venture: a trading card-based fantasy football game on the Tezos blockchain. Ronan Joyce, United’s head of digital…
On August 2, the first joint outflows were recorded from spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States. Bitcoin ETF sees $237.4 million in outflows The 11 U.S. spot Bitcoin (BTC) ETFs experienced a net outflow of $237.4 million at the close of trading on Friday, August 2. This is the largest outflow from these investment products since the $563.8 million outflow in early May. Bitcoin ETF Flows (Millions of Dollars) – 2024-08-02Total net flow: -237.4(Temporary data)GO: 42.8FBTC: -104.1BITB: -29.4Arc V: -87.7Bitcoincoin: 0EZBC: 0BRRR: 0Hodl: -23Bitcoin: 0GBTC: -45.9Bitcoin: 9.9See all data and disclaimers at https://t.co/4ISlrCgZdk— Farside Investors…
Rebecca Moen 03 Aug 2024 13:04 Riot Platforms, Inc. reported that it has significantly increased its stake in Bitfarms Ltd. to 16.9%, in an attempt to influence the composition of the company’s board of directors. Riot Platforms, Inc. (NASDAQ: RIOT) announced: take over According to the company’s recent press release, this is a 16.9% beneficial ownership of Bitfarms Ltd. This strategic move is part of Riot’s broader plan to influence Bitfarms’ operations and strategic direction. Acquisition Details On August 2, 2024, Riot Platforms acquired 380,838 common shares of Bitfarms, representing approximately 0.08% of the…
Bitcoin (BTC) attempted to reclaim $62,000 on August 3rd as the market rose slightly following a fresh liquidation trend.BTC/USD 4-hour chart. Source: TradingViewBTC Price Tests Breakthrough of $60K Stock SellAccording to data from Cointelegraph Markets Pro and TradingView, the BTC price is rebounding 3% after hitting a multi-week low of $60,435 on Bitstamp.It followed a gloomy day for global stocks, with the Nikkei down 6%, suggesting further losses on Wall Street. U.S. jobs data that fell far short of expectations added to the panic.Bitcoin itself fell close to $5,000, losing several key support levels, including the short-term cost of ownership…
A popular cryptocurrency analyst and trader has warned that Bitcoin (BTC) could suddenly drop even further. Altcoin Sherpa, an anonymous analyst, told his 219,100 followers on social media platform X that Bitcoin could fall by more than 7% from its current value. “If we lose that area (around $62,000), I think it’s going to be $58,000. It’s going to be a violent move overall. I still think this area is fine. And if you zoom in on the day, we’re still in a big trading range of $55,000 to $73,000.” Source: Altcoin Sherpa/X At the time of writing, Bitcoin is…
Genesis Global and its affiliates announced Friday that they had completed restructuring proceedings after filing for Chapter 11 protection in January 2023. The company also began distributing about $4 billion worth of digital assets and U.S. dollars to repay creditors. Press release.When Genesis filed for bankruptcy last year, it said it had more than 100,000 creditors and was $10 billion in debt. It owed about $3 billion to its top 50 creditors, including cryptocurrency exchange Gemini, asset manager VanEck, and trading firm Cumberland.Wallets connected to Genesis began transferring $1.5 billion worth of bitcoin and ether on Friday. As previously reported…
Explore Kraken Labs: labs.kraken.com We are excited to announce Kraken Labs, initially released as a set of five interactive data visualization modules created by staff designer Benno Gerrit Wissing. These experiments explore the infinite possibilities of crypto data visualization, leveraging both data from Kraken and on-chain data. These range from highly exploratory and abstract 3D real-time data visualizations to insight-driven experiments using time series clustering and pattern recognition. We decided to make this public to share its possibilities with the wider crypto community and build on our growing set of data visualization experiments. Kraken Labs currently includes the following experiments:…