Cryptocurrency index fund manager Bitwise has launched the Solana Staking Exchange Traded Product (ETP) in Europe with the stock ticker BSOL, pending US registration approval for the Solana Exchange Traded Fund (ETF) product. It is known. According to a Blockworks report, on December 17, Bitwise launched its Solana (SOL)-based cryptocurrency staking ETP in Europe in collaboration with its management automation tool Marinade. Bitwise did not respond to Cointelegraph’s request for more details on the partnership by the time of publication.The new ETP offers stakers an Annual Percentage Yield (APY) of 6.48%, which outperforms European competitors such as 21Shares, which offers…
Author: Crypto Flexs
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Ted Hisokawa December 18, 2024 06:58 The Hong Kong Monetary Authority announced the results of the People’s Bank of China’s six-month maturity RMB note bidding held on December 18, 2024. The Hong Kong Monetary Authority (HKMA) recently announced the results of bidding for six-month maturity Yuan banknotes issued by the People’s Bank of China (PBoC) through a press release. The tender, held on December 18, 2024, was successful, reflecting continued demand and confidence in Yuan-denominated financial products. Bidding Details The bid included six-month yuan notes, part of a broader strategy to promote the use…
Iris Coleman December 18, 2024 05:34 Matrixport is strengthening its presence in South Asia by applying for a Financial Services Permit license to provide virtual asset services in Gelephu Mindfulness City, Bhutan. Matrixport, a prominent player in the cryptocurrency financial services space, has announced its intention to apply for a financial services permit license from Bhutan’s Gelephu Mindfulness City Authority (GMCA). The move aims to enable Matrixport to conduct regulatory activities related to virtual assets within the Gelephu Mindfulness City (GMC), an important step as it is one of the first applicants under the…
A widely respected cryptocurrency trader says one decentralized oracle service project could one day overtake rival Chainlink (LINK). In a new video update, CoinBureau host Guy Turner told his 2.57 million YouTube subscribers that the market capitalization of Pyth Network (PYTH) could eventually soar due to its potential to generate massive fee income. “In my opinion, Pyth Network is one of the most underrated cryptocurrencies. This is because it is the oracle that provides the high-frequency data feeds that blockchains like Solana rely on. In other words, Pyth Network is similar to Chainlink, and some would argue that it is…
Darius Varu December 17, 2024 17:36 As analysts look ahead to a promising but volatile year for 2025, Bitcoin has reached a new milestone with a market capitalization exceeding $2 trillion and a price surpassing $100,000. Bitcoin (BTC) has achieved the incredible milestone of surpassing $2 trillion in market capitalization and reaching a price of $100,000, according to Bitfinex Alpha. Currently, 94.25% of the total 21 million Bitcoins have been mined, making Bitcoin the 7th largest asset globally, ahead of silver and Saudi Aramco. ETF dominance and market trends Exchange-traded funds (ETFs) will emerge…
reporter Posted on: December 18, 2024 CAT showed a strong bullish bias after rising nearly 50% in one day. Volume indicators have shown steady buying pressure in recent weeks despite a consolidation at $0.00004. Simon’s cat (CAT) had a big rally on December 16th. On this day, the stock price soared 48.6% and trading volume soared more than 10 times. This indicates high enthusiasm for buying the breakout meme coin. However, CAT faced some difficulties in convincingly breaking above the local resistance zone at $0.000063. On this day, it broke an all-time high of $0.000068, but the bulls failed to…
jack anderson December 17, 2024 18:13 Fine-tuning NVIDIA’s Small Language Model (SLM) promises improved accuracy in automating code reviews, reducing cost and latency while ensuring data privacy. The ongoing shift in enterprise technologies based on generative AI has resulted in significant advances in a variety of applications, including automating code reviews. According to NVIDIA, the adoption of large-scale native models is revolutionary, but brings challenges such as high costs, slow performance, and data privacy concerns. To address these issues, NVIDIA focused on fine-tuning its Small Language Model (SLM) to provide a more efficient and…
Ah, Christmas is a season of joy and sharing. Mariah Carey slowly emerged from her frozen sleeve hell to serenade us again with “All I Want for Christmas Is You.” And every year he comes early, like an enthusiastic relative who shows up three hours before dinner and drinks all the good wine. On Halloween, you’ll gasp before the stores start spewing out glitter, you’re being attacked by plastic reindeer, and you’re getting sharp reminders that you haven’t bought your presents yet. Casino slot games are not immune to the gravity of modern Christmas. Every provider needs Christmas time, even…
MicroStrategy (MSTR) stock is up 546% this year and now has a market cap of $99.4 billion. Bitcoin (BTC) holdings are the main reason for the significant year-to-date returns, as the organization added 249,850 BTC in 2024, bringing its total tally to 439,000 BTC. With the market capitalization on the verge of breaking the $100 billion threshold, MicroStrategy will acquire a major U.S. company if Bitcoin hits its higher price target. If BTC reaches $138,000, MicroStrategy’s market capitalization will surpass Starbucks and Nike.With 439,000 BTC in its treasury, MicroStrategy is the largest corporate holder of Bitcoin, surpassing Marathon Digital’s 40,435…
Dogecoin began a downward correction below the $0.400 support level against the US dollar. DOGE is currently consolidating and could target a fresh increase above $0.4050. DOGE price began a new decline below the $0.40 level. The price is trading below the $0.4050 level and the 100-hour simple moving average. The hourly chart of the DOGE/USD pair (data source from Kraken) has a bullish trendline attached with support at $0.3950. Clearing the $0.4050 and $0.4150 resistance levels could initiate another rally in the price. Dogecoin price eyes fresh hike Dogecoin price began a new decline, well above $0.410, unlike Bitcoin…