Author: Crypto Flexs

It was a historic moment when the U.S. Securities and Exchange Commission approved 11 applications for Bitcoin ETFs. The community has applauded the speculation that the token will now inch closer to ATH, or at least continue to surge on a daily basis. But the questions surrounding BTC speak to its potential to become a way for people to retain their value. This is because price volatility has not been resolved despite the approval of the ETF application. It was not initially raised considering that all financial or investment products are exposed to market risk. The belief that the BTC…

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According to recent reports, the now-defunct cryptocurrency exchange FTX reportedly sold approximately 75% of Grayscale Bitcoin Trust shares (GBTC) in a matter of days. The sale is estimated to have generated about $600 million, according to people familiar with the situation. FTX quickly offloaded millions of GBTC shares. FTX Real Estate recently sold more than “two-thirds” of its 22.28 million shares, according to a Bloomberg report citing sources familiar with the matter. “Large capital markets ETFs serve a variety of investment strategies, and we expect GBTC’s diverse shareholder base to continue to deploy strategies that influence inflows and outflows.” Additionally,…

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Maxine Waters, the top Democrat on the House Financial Services Committee, said she wanted answers from Meta Platforms, formerly Facebook, amid concerns that its digital asset plans could come under renewed scrutiny. California Democrats sent the following letter: letter On Monday, it expressed concerns to CEO Mark Zuckerberg and COO Javier Olivan about five trademark applications related to digital assets filed by the company over the past year. These applications were intended for projects including “online social networking and dating” services that allow for the exchange of digital currencies, computer hardware and software design related to blockchain, and “currency trading…

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Matteo Greco, Research Analyst at Fineqia International, a listed digital asset and fintech investment firm. (CSE:FNQ) Bitcoin (BTC) ended the week at around $41,600, up slightly 0.4% from the previous week’s closing price of around $41,750. Price volatility has decreased compared to last week, and speculation has come to an end as stability has increased following the SEC’s approval of the ETF. The introduction of the new BTC spot ETF has led to an influx of funds from traditional finance into the digital asset market. The 11 spot ETFs have attracted a total of $1.15 billion in cumulative inflows since…

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The Ethereum Foundation, a non-profit organization dedicated to the blockchain network ecosystem, liquidated $1.6 million worth of ETH, according to cryptocurrency analytics firm Arkham Intelligence.Data from the platform shows that the foundation leveraged the CoW protocol to sell 700 ETH and obtain $1.6 million in DAI stablecoin. Afterwards, the funds will be sent to the address “0x9ee…” identified by Etherscan as the grant provider. 313D”.This transaction, which may have occurred when ETH was worth around $2,400, is very similar to the previous transaction on January 16th. During this period, the foundation exchanged 100 ETH for $253,000 and the funds were…

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With the rise of cryptocurrencies over the past decade, the number of digital currencies available on the market has skyrocketed. One of the emerging players in the cryptocurrency space is Lucky7Coin. In this article, we will learn more about what Lucky7Coin is, its potential as a future cryptocurrency, and what sets it apart from other digital currencies. What is Lucky7Coin? Lucky7Coin is a decentralized digital currency that aims to provide a safe and efficient way to conduct financial transactions. It is based on blockchain technology that ensures transparency and immutability of transactions. Lucky7Coin can be used for a variety of…

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The price of DOT has fallen by double digits in the past month. This is due to low activity on Polkadot. The value of Polkadot (DOT) has plummeted nearly 20% over the past month. CoinMarketCap. An on-chain assessment of activity on the Proof-of-Stake (NPoS) blockchain network shows that demand has declined since the beginning of the year, leading to a double-digit decline in DOT value. At press time, DOT was trading at $6.73, a price level last observed in September 2023. Source: CoinMarketCap Bears endanger DOT holders. The price movement of DOT observed on the 24-hour chart showed a significant…

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Ah, clowns. They are strange people who bring joy to some and nightmares to others. Speaking of nightmares, I’d like to take you through the sequel to Play ‘n Go!’s 2021 hit 3 Clown Monty 2 slot! These brothers look like they just escaped from a horror movie set, but they’re here to make you laugh. Or at least try it. All while you stand to win up to $25,000. Join the Monty Brothers and their not-so-cute monkey, BIT-E, on their quest to conquer the Las Vegas Strip with their monsters: a circus show. Put your clown phobia aside, let’s…

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