Arthur Hayes’ family office fund has sold a significant portion of its holdings in decentralized finance (DeFi) altcoin PENDLE. According to cryptocurrency tracking site Lookonchain, Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over two days, resulting in a loss of $1.29 million. Lookonchain also mentions the price of PENDLE. It soared 24% after the sale. Just two weeks ago, Hayes, who was an adviser to Pendle, predicted on social media platform X that the asset would surge to $10. On Saturday, the BitMEX co-founder revealed that his family office fund, Maelstrom, was reducing…
Author: Crypto Flexs
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Jessie A Ellis 24 Sep 2024 17:46 BitMEX will update the index weights on September 27, 2024. The new weighted virtual values will be available in the ‘NEXT’ index family. According to the BitMEX blog, BitMEX announced that it will update its index weights on September 27, 2024 at 04:00:00 UTC. This update will introduce new virtual values for the index, which will be published in the ‘NEXT’ index family (e.g. .BXBT_NEXT). Update Details Starting from the announcement date, BitMEX will provide virtual values of the index with the new weighting. These updated indices…
Bitcoin (BTC) traders are currently trying to break through the resistance line to reach a two-month high of $66,000. For this to happen, the market would need to break through the thick $65,000 bid wall, either through increased spot volume or increased futures open interest, leading to a buildup of leveraged long positions. BTC/USD on Coinbase. 1-hour chart: TRDR.ioAs you can see in the chart above, the selloff is solidly represented at $66,000, $67,900 and $70,000, but emotionally, retaking the 200-MA ($64,000) as support and trading above the channel resistance line could be seen as progress. This would give the…
As of writing, Arweave is up more than 17% in the last 24 hours. AI Coins Will Lead an Alternative Revival, But Will AR Double Prices? Arweave (AR) has garnered significant attention for its impressive growth alongside other AI-focused altcoins. According to CoinMarketCap, the AR price has surged by more than 17% in the last 24 hours, while trading volume has increased by a whopping 134%. With a market cap of $1.5 billion and a price tag of $23.9 billion at press time, Arweave is a leader among the top AI coins and is expected to see even greater gains…
Travala integrates Solana to enable hotel and flight bookings with SOL, USDT, and USDC. Travala users can trade, deposit and withdraw directly for supported tokens without fees. Travala plans to introduce SOL Travel Rewards to improve user experience in cryptocurrency travel booking. Travala, a pioneer in cryptocurrency-based travel, has taken a huge leap forward by integrating the Solana blockchain into its platform. The partnership was announced by Travala CEO Juan Otero at the Solana Breakpoint conference in Singapore on September 21. CEO @joterovilla announce @travalacom Support Solana at Breakpoint! You can now pay for and book flights and accommodations on…
Wang Long Chai 24 Sep 2024 18:25 According to the BitMEX blog, BitMEX users experienced delays on all GET endpoints of the API between 6:40 AM UTC and 7:00 AM UTC. BitMEX users experienced delays on all GET endpoints of the platform’s API earlier today. According to the BitMEX blog, these delays occurred between 06:40 UTC and 07:00 UTC, and are likely to impact traders who rely on timely data for their trading.Impact on tradingDelays in the GET endpoint can have a significant impact on traders who need real-time data to make informed decisions.…
Crypto influencer Lady of Crypto’s strategy is not to hold on. She plans to cash out her entire crypto portfolio next year. In a conversation with Hall of Flame at Token2049 in Singapore, the Lady of Crypto said, “I plan to sell all of my crypto by September. I plan to sell 100%.” “Everyone looks at me like I’m crazy,” the anonymous figure laughs, sinking into a comfortable chair on the 40th floor of the Westin Hotel. She may have her reasons, but don’t worry, she didn’t fall for the dark forces and pour her money into something safe and…
Bitcoin (BTC) is set to experience its second-largest monthly options expiration of 2024, with total exposure reaching $8.1 billion. The question is, will this be enough to fuel a strong rally towards $70,000? Or will the bearish incentives be too strong to ignore?The current macroeconomic environment is favorable for risk assets, including Bitcoin, and the September 27 options expiry will be a significant event. Neutral to bullish options holders are well positioned to attract capital if Bitcoin remains above $63,000. However, bears have ample incentive to suppress this advantage by pushing Bitcoin price below $60,000. Therefore, it is important to…
Circle, the second largest stablecoin issuer USDC +0.13% Unveiling new compliance-focused tools for programmable wallets. CEO Jeremy Allaire Said About X.Allaire said the service, called Compliance Engine, will “help companies build on-chain while meeting stringent regulatory compliance requirements.” The system provides a way to program customizable and automated regulatory checks for a variety of decentralized applications. The service provides transaction review tools to detect risky and suspicious transfers and monitoring tools to help identify potential high-risk behavior. The “Travel Rule” service is designed to meet the Financial Activities Task Force’s surveillance and data verification requirements for virtual asset service providers.Of…
Hamster Combat has driven millions of players off the platform. The club accused the players of violating several rules. Affected players did not take it lightly, criticizing the airdrop campaign alongside disgruntled “honest” players. Hamster Combat, the viral Telegram-based clicker game that recently angered governments and law enforcement agencies around the world, is leaving frustrated players disappointed just days after its Season 1 airdrop campaign concluded. Built on The Open Network (TON), Hamster Kombat offers engaging gameplay where users take on the role of a cryptocurrency exchange CEO, tapping “Hamster”, completing missions, and playing other mini-games within the bot to…