Author: Crypto Flexs

Top news of the week Trump’s World Liberty Financial tokens crashed and were burned. Former US President Donald Trump’s token launch was a failure. On October 16, former US President Donald Trump launched the World Liberty Financial (WLFI) token. The token’s website claimed that investors would be able to get voting rights on future decentralized finance (DeFi) protocols. However, token sales were minimal even after almost a full day of trading. As of 10:00 AM (UTC) on October 17, according to the token website, only 848.63 million WLFI (equivalent to $12.7 million at pre-sale price) had been sold, with 19.1…

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Grayscale mainstreams XRP, SOL and AVAX in blended ETF offering. The Securities and Exchange Commission approved BTC and ETH ETFs in 2024. Cryptocurrency-backed ETFs are increasing demand in the United States, according to a study. Grayscale, the largest asset manager in the Bitcoin exchange-traded fund (ETF) space, is making great progress in launching a new mixed cryptocurrency ETF. Grayscale Investments is looking to convert its digital large-cap fund into an ETF, according to recent court filings.Grayscale Seeks Approval for Hybrid ETFGrayscale is requesting permission to convert the digital fund into a viable ETF product by filing a Form 19b-4 with…

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A top cryptocurrency analyst and trader believes Dogecoin (DOGE) could hit new all-time highs this cycle. Pseudonymous analyst DonAlt told his 591,700 followers on social media platform “This is a chart from my paper. I bought $0.12ish and I think it could go up to $1 unless the cryptocurrency market goes away again. I said I didn’t know. No one will hold your hand when you turn around. It’s an essentially useless and worthless meme. “Only crazy people deal in this.” Source: DonAlt/X Analysts say DOGE has weeks to take action. Otherwise he is out. “I’ll give it about two…

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Key Takeaways ECB officials argue that Bitcoin’s rise redistributes wealth from latecomers to early adopters. The report urges non-Bitcoin holders to advocate for legislation against Bitcoin to protect their wealth. Share this article According to a recent report, people who were late to Bitcoin or do not own the coin have good reasons to oppose it and advocate for legislation to protect themselves from the negative consequences of wealth redistribution. analyze Written by ECB officials Ulrich Bindseil and Jurgen Schaff.Bitcoin’s February price rally was as follows, the authors said: due to price manipulation Previous reports have claimed that Bitcoin has…

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Semilore Faleti is a cryptocurrency writer specializing in journalism and content creation. As he began writing about a variety of topics, Semilore soon discovered a knack for cracking down on the complexities and subtleties of the fascinating world of blockchain and cryptocurrency. Semilore is attracted to the efficiency of digital assets in terms of storing and transferring value. He is a strong advocate for cryptocurrency adoption because he believes that cryptocurrencies can improve the digitalization and transparency of existing financial systems. With two years of active cryptocurrency writing, Semilore has covered many aspects of the digital asset space, including blockchain,…

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The price of SOL surged 5.86% this week, with its social dominance hitting a high of over 3.8%. ARB’s social volume remained low, dropping to 0.09%, with the token trading below its key moving averages. This week, Solana (SOL) saw a significant price increase and a surge in social dominance. on the other wayArbitrum (ARB) and other L2 assets have seen significant declines on the social volume and price action front. Needless to say, this has created a contrasting narrative between these blockchain ecosystems. Solana and Arbitrum look at different social scales. According to Santiment, Solana and Arbitrum’s social volumes…

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