Iris Coleman 30 Aug 2024 20:09 The Hong Kong Mortgage Corporation (HKMC) has released its 2024 Social Bond Allocation Update and Impact Report, detailing the allocation and social impact of bonds issued in 2022 and 2023. According to the Hong Kong Monetary Authority, Hong Kong Mortgage Corporation (HKMC) has released its 2024 Social Bond Distribution Update and Impact Report. The report provides a comprehensive overview of the net proceeds distribution of the two social bonds issued in 2022 and 2023, and the social impact as of 30 June 2024. Key allocations and social impacts…
Author: Crypto Flexs
Read More
Elon Musk hints at Dogecoin relaunch at Tesla The proposal comes after the tech billionaire and his company won a class-action lawsuit. The lawsuit accuses them of manipulating the price of DOGE. Tesla co-founder and CEO Elon Musk has hinted at the possibility of Dogecoin (DOGE) returning as a payment option for the automaker’s products. The electric car maker began accepting DOGE payments for some of its products on its website in January 2022. However, the payment option mysteriously disappeared from the website after some investors accused Musk and his company of manipulating cryptocurrency prices. The lawsuit seeks about $258…
Bitcoin (BTC) fell more than 2% on September 1, as the monthly close turned “over-the-counter” and unfavorable for the bulls.BTC/USD 1-hour chart. Source: TradingViewBTC prices traditionally show a downward trend in September, when they are “red”.According to data from Cointelegraph Markets Pro and TradingView, the BTC price weakness has pushed the price down to $57,230 on Bitstamp, the most recent level since August 16.The monthly close was dismal as liquidity conditions tightened mid-week, leaving buyers unable to hedge further losses later.According to data from monitoring resource CoinGlass, Bitcoin lost 8.6% in August, compared to its average gain of 1.75%. The…
The cryptocurrency industry has always had its fair share of speculators, for better or worse. It’s no wonder then that two of the most popular platforms in crypto (Memecoin launchpad Pump.fun and decentralized prediction market Polymarket) are built on speculation.But oddly enough, these platforms can be seen as the inverse of each other. On Pump.fun, users speculate about memecoins that have no intrinsic value proposition other than branding and community value, meaning it’s hard to predict which coins will break through the noise and attract fans. On Polymarket, users are encouraged to use all the information at their disposal when…
Renowned cryptocurrency analyst Altcoin Sherpa believes that despite its astronomical gains so far this year, one popular meme coin has room to rise further. The anonymous trader told his 221,900 followers on social media platform X that POPCAT, a Solana (SOL)-based meme token, could sustain its bullish momentum after bouncing off a key level around $0.64. “POPCAT still looks pretty strong right now and is a great S/R (support/resistance) retest. If it breaks back towards the highs, this will be a leading category for memes and CAT betas.” Source: Altcoin Sherpa/X As of this writing, Popcat is trading at $0.59,…
Renowned cryptocurrency analyst Altcoin Sherpa believes that despite its astronomical gains so far this year, one popular meme coin has room to rise further. The anonymous trader told his 221,900 followers on social media platform X that POPCAT, a Solana (SOL)-based meme token, could sustain its bullish momentum after bouncing off a key level around $0.64. “POPCAT still looks pretty strong right now and is a great S/R (support/resistance) retest. If it breaks back towards the highs, this will be a leading category for memes and CAT betas.” Source: Altcoin Sherpa/X As of this writing, Popcat is trading at $0.59,…
Rebecca Moen September 1, 2024 13:11 The SEC has issued a Wells Notice to OpenSea, questioning the classification of certain NFTs as securities, which could potentially impact the entire NFT market. According to blog.bitfinex.com, the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to leading NFT marketplace OpenSea, indicating potential litigation for classifying certain NFTs as securities. The move by the regulator represents a new phase of SEC oversight of the NFT market and raises concerns about the future of digital art and collectibles. SEC Targets the NFT Industry: What’s Going…
Blockchain, or simply chain abstraction, has become a hot topic in the web3 as developers, users, and advocates look for ways to attract new users and expand the reach of the overall cryptocurrency ecosystem. Blockchain abstraction means simplifying the end-user experience of blockchain technology by separating the complex underlying technology of blockchain while retaining the core benefits of blockchain. This allows users and developers to interact with blockchain applications more easily without having to have deep technical knowledge. Why do we need chain abstraction?Despite the improvements in usability of various blockchain applications over the years, there are still certain technical…
Selling pressure on Ethereum has been increasing over the past few days. The NVT ratio indicates that Ethereum is overvalued. Ethereum (ETH) Investors have had a tough time as bears continue to dominate the market. In fact, recent data suggests that it may take longer for bulls to regain control. Let’s take a look at why the ETH downtrend is likely to push the token price lower even further. Ethereum’s troubled future CoinMarketCap’s data Ethereum bears have revealed that the token’s price has dropped by more than 10% over the past seven days. The bearish trend continued over the past…
At first glance, the Win-O-Mart slot appears to depict the most ordinary scene possible: a convenience store staffed by standard white men. Then look a little closer and some of the items start to move as if they have something alive inside them. The neck of the wine bottle is twisted so much that it is not effective in pouring the wine into the glass. Then the 10% off sign comes to life and changes so quickly that you will wonder if you have lost your mind when you first see it with your squint. And just when you think…