The total value of U.S.-based spot Bitcoin exchange-traded funds (ETFs) has reached a record high of about $58.4 billion so far in August, following a seventh straight day of positive inflows on Friday.According to data from SoSoValue, Friday saw the highest inflows since the streak began, with $252 million being the largest net inflow in 32 days since July 22. Unsurprisingly, BlackRock’s IBIT, the largest spot Bitcoin ETF by total asset value, saw the largest net inflows of around $87 million, extending its lead over other funds. Fidelity’s FBTC saw inflows of $64 million, the second-highest total. Grayscale’s GBTC, the…
Author: Crypto Flexs
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Electronics and entertainment giant Sony is developing a new Ethereum (ETH) layer 2 blockchain called “Soneium.” In a recent press release, Sony Group announced that it is developing Soneium as a means to further expand into the web3 world. According to Sony, leveraging blockchain technology can provide users with a more streamlined, secure, and decentralized experience. “By developing blockchain, the basic infrastructure of Web3, we will be able to provide comprehensive Web3 solutions from the infrastructure layer to the application layer, rather than simply providing some services. End users will be able to access Soneium via applications compatible with Soneium’s…
Wang Long Chai 23 Aug 2024 09:10 Binance Futures will launch VIDTUSDT perpetual contracts on August 23, 2024, offering up to 75x leverage to expand trading options. Leading cryptocurrency exchange Binance has announced the launch of a new USDⓈ-margined VIDTUSDT perpetual contract, which will be launched on August 23, 2024 at 09:30 (UTC). According to Binance.com, the new product will allow traders to leverage their positions by up to 75x.Key Features and DetailsVIDTUSDT Perpetual Contract is designed to enhance the trading experience of users by expanding the list of available trading options on Binance…
Rules • August 23, 2024 4:22 a.m. EDT Posted 1 minute earlier ~ in China has extradited a suspect named Zhang from Thailand. Zhang is believed to have led a massive $14 billion pyramid scheme involving cryptocurrencies, making him the first financial crime suspect to be extradited under the China-Thailand extradition treaty that came into effect in 1999.China’s Ministry of Public Security announced today that Chinese and Thai authorities formed a special task force called “Hunting Fox” and extradited Zhang to China on Wednesday.Zhang is accused of masterminding a fraud called “MBI Group” since 2012, which lured investors into paying…
TON is stuck in a tight range below $7. Can Altcoins Break Out of a Sideways Trend? From mid-August Toncoin (TON) is trading within a narrow price range. Friday’s relief bounce saw Bitcoin (BTC) tap $64,000, but it failed to generate much movement on TON’s price chart. In fact, it was still stuck within the $6.4 and $7 price levels. But given the improving sentiment in the cryptocurrency market over the weekend, at what levels should TON speculators be wary? Will TON break out of its sideways trend? Source: TON/USDT, TradingViewOn the upper time frame chart, the 200-day SMA (simple…
Singapore — WEEX ExchangeAs a leader in cryptocurrency trading, we are proud to announce the latest news. WEEX WE-Launch The event will feature the innovative and forward-thinking Bad Idea AI (BAD) project. Not only will the initiative include a massive 840,000,000,000 BAD token airdrop, but it will also give participants the opportunity to participate in the “Share 2 Earn” program where they can earn 2,000 USDT by promoting the project on social media. Understanding Bad Idea AI (BAD): A Bold Step Towards the Future Bad Idea AI ($BAD) is an experimental project that perfectly integrates blockchain technology, artificial intelligence, and…
Singapore — WEEX ExchangeAs a leader in cryptocurrency trading, we are proud to announce the latest news. WEEX WE-Launch The event will feature the innovative and forward-thinking Bad Idea AI (BAD) project. Not only will the initiative include a massive 840,000,000,000 BAD token airdrop, but it will also give participants the opportunity to participate in the “Share 2 Earn” program where they can earn 2,000 USDT by promoting the project on social media. Understanding Bad Idea AI (BAD): A Bold Step Towards the Future Bad Idea AI ($BAD) is an experimental project that perfectly integrates blockchain technology, artificial intelligence, and…
Caroline Bishop Aug 23, 2024 09:43 Discover how Web3 is changing the game as Immutable (IMX) ambassadors share their experiences and insights and highlight the benefits of true asset ownership. The gaming industry is undergoing significant change with the advent of Web3 technologies. In a recent article on immutable.com, three Immutable (IMX) ambassadors (Saltorious, GaspodeWD, Synix) shared their unexpected journey into the world of Web3 gaming, providing valuable insight into this rapidly evolving space.The Journey from Web2 to Web3 GamesTraditional gamers often face the frustration of investing time and money into a game without…
Beavers are the ultimate DIY enthusiasts of the animal kingdom, but instead of building shelves, they chop down trees and flood entire landscapes. With teeth that would put even a lumberjack to shame, these masterful rodents don’t just build homes, they build entire water parks, whether the townspeople want them or not. Thunder Kick This new game takes inspiration from hard-working rodents. Eager Beavers Slots. That’s a lot of trees! To win on the Eager Beavers slot you need to match 3 or more symbols on adjacent reels. When you match a winning combo, those symbols will disappear and be…
Coinbase Wallet is a non-custodial cryptocurrency wallet that allows users to manage and store their digital assets. This wallet was developed and built by the popular cryptocurrency exchange. CoinbaseThis is where the name comes from.Unlike major exchange wallets like Coinbase, Coinbase Wallet gives users full control over their private keys. This means that you, and not Coinbase, have full control over your digital assets and are responsible for the security of your cryptocurrencies and NFTs. Coinbase Wallet acts as a gateway to decentralized applications and Web3, allowing users to explore, transact, and interact with a variety of blockchain-based platforms.History of…