Binance Square
Square Post Sitemap
Dogecoin and This Ethereum Token Are Saving Crypto Investors With High Profit Margins
Custodia Bank CEO Caitlin Long Explains Why Bitcoin’s Future Is More Secure Than Ever
Decentralized Starknet to Introduce Staking Mechanism
Don’t Miss Out: New Listing on Binance Could Be a 50X Memecoin!
Decentralized Starknet to Introduce Staking Mechanism
Decentralized Collaboration: Linea and Status Partner for Ethereum L2 Rollup Project
USDⓈ-Margin BRETT contract with up to 50x leverage to be launched on Binance Futures 🕔Launch time: 20.08.2024 13:35 (Kyiv time) Please note: ➡The maximum financing rate for perpetual contracts at the time of launch is +2.00% / -2.00%. ➡Financing commission is calculated every 8 hours $BRETT #BRETT
🗞 Catch up on the news over the last 24 hours! 📉 Solana memecoin trading volume dips 🚹 Malicious Chrome extension targets Solana users 🐋 Mystery whale buys WBTC amid controversy 🐕 Is Elon Musk boosting $DOGE again? đŸ’” Tether mints another $1B $USDT on TRON â›Ș Ever heard of a church going crypto? 🌐 Base hits 4M active addresses during 'Onchain Summer' đŸȘ™ Metaplanet adds 57 Bitcoin to holdings 🇼🇳 Binance faces $86M tax demand in India 🔼 What are your predictions for this week?
Shiba Inu (SHIB) Below 1 Trillion in 24 Hours: Here’s What It Means
Shiba Inu Burn Spikes 1000%, SHIB Price Set For 50% Rally?
Moonbeam is now fully integrated with @graphprotocol's decentralized network of Indexers 📊 That means even better indexing and querying services for dApps in our ecosystem—AND the enabling of The Graph’s indexing rewards on Moonbeam! 📚 Read the details👇
NTRN/USDT Assessing the Bullish Momentum Amidst a Bearish Trend $NTRN {future}(NTRNUSDT) {spot}(NTRNUSDT) The current price of #NTRN/USDT is $0.3907, showing a slight increase of 1.06% in the latest session. The price remains below the 200-period Moving Average (MA) at $0.4170, indicating that the overall trend is still bearish despite the recent upward movement. RSI (Relative Strength Index): The RSI is at 61.21, approaching the overbought zone, which suggests that the asset has bullish momentum, but caution is warranted as a reversal could occur if it reaches higher levels. The MACD shows a mild bullish signal with the MACD line above the signal line and the histogram in positive territory. However, the strength of this bullish momentum is moderate, indicating that the upward movement could face resistance. Resistance: The immediate resistance level is at $0.3980. A breakout above this level could lead to further upward movement, potentially towards the next significant resistance. Support: On the downside, the first support level is around $0.3538. If the price drops below this level, it could signal a continuation of the bearish trend. Bullish Scenario: If the price manages to break and sustain above the $0.3980 resistance level, it could indicate a shift in momentum from bearish to bullish, with potential for further gains.Bearish Scenario: If the price fails to break above the resistance and falls back below $0.3538, it may lead to a continuation of the downward trend, targeting lower support levels. Disclaimer: This analysis is provided for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves significant risk, and it is important to conduct thorough research before making any trading decisions. #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #6thTrade
New level just unlocked... $120,000,000,000 Lifetime Spot Trading Volume. ✅
Arbitrum Nova đŸ€ The Graph @Arbitrum Nova mainnet is now available in Subgraph Studio 🧡 Arbitrum Nova devs can now build subgraphs and use them to create fast, performant frontends for Nova dapps ⚡ Start building now âŹ‡ïž https://thegraph.com/studio/
Sei is built on the foundation of 'Community First.' đŸ€ The Sei Creator Fund Round 2 has 180+ approved creators, showing that the time to create on Sei is NOW. Gitcoin pools small donations as votes, matched by the Sei Foundation to foster and amplify community content. Get involved and help shape the ecosystem’s future by donating to your favorite creators today.👇 Voting period ends on: 2024/08/30 12:00 EDT
The GameFi sector is indeed poised for significant growth, especially as we approach the next bull market. Currently, GameFi tokens listed on Binance have a combined market cap of around $10 billion, which is expected to surge dramatically as the crypto market experiences renewed interest and investment. Moreover, the broader transition of Web2 projects to Web3 is anticipated to bring new audiences into the GameFi space, expanding its market potential. Big tech companies and major game developers are also entering the blockchain gaming scene, adding credibility and drawing in more users. Here's a breakdown of how some major GameFi tokens have gained traction over time, particularly in terms of unique addresses or users involved in their ecosystems: 1. Axie Infinity ($RONIN ) * Unique Addresses: By mid-2023, it had over 2.8 million unique addresses on the Ronin blockchain. 2. Gala Games :$GALA * Unique Addresses: Gala Games has also seen substantial growth. By 2023, the platform had over 1.3 million unique addresses. 3. Yield Guild Games $YGG * Unique Addresses: YGG, a decentralized gaming guild, has grown rapidly with over 110,000 unique addresses by 2023. 4. Immutable X (IMX): * Unique Addresses: Immutable X, which powers games like Gods Unchained, has seen steady growth with over 250,000 unique addresses. Its focus on zero-gas fees and scaling Ethereum for games has made it a popular choice for developers and players alike. 5. Enjin (ENJ): * Unique Addresses: Enjin, known for its work in NFTs and gaming, has over 500,000 unique addresses. Enjin’s platform has been widely adopted for creating, managing, and trading NFTs across various gaming platforms. 6. Pixie (PIXEL): * Unique Addresses: PIXEL is still in its early stages with about 20,000 unique addresses. Given these dynamics, it's reasonable to predict that the market cap of GameFi tokens could multiply several times in the next bull market. #CryptoMarketMoves #GamingCoins #BULLRUN24
BITCOIN LOSES $60,000: INVESTOR PANIC SETS IN Bitcoin's price has dropped below $60,000, causing concern among investors. Analysts warn of potential further losses due to investor panic and weak risk appetite. Short-term investors are particularly affected, with 80% of them holding coins at a loss. However, long-term holders remain relatively unaffected, with 81% of investors still profitable at current prices. Miners are also feeling the pressure, with the average cost of mining Bitcoin at $57,200. {spot}(BTCUSDT) #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #Write2Earn! #Saminakhan
XRP/USDT 1. **Moving Averages (MA):** - MA(7) is currently at 0.5992, MA(25) is at 0.5965, and MA(99) is at 0.6026. The price is slightly below the MA(7) and MA(99), indicating a potential bearish trend in the short term. The price hovering near MA(25) suggests consolidation. 2. **Volume:** - The volume has decreased compared to previous candles, indicating reduced buying or selling activity. This often signals indecision or a potential reversal when combined with other indicators. 3. **MACD (Moving Average Convergence Divergence):** - The MACD is slightly positive (0.0001), with the DIF line at -0.0003 and DEA at -0.0004. These values suggest that the market is relatively flat, with no strong bullish or bearish momentum. A potential crossover may indicate a future trend reversal. 4. **RSI (Relative Strength Index):** - The RSI values are 35.9938 (short-term), 44.3448 (mid-term), and 45.6532 (long-term). The short-term RSI is below 40, suggesting that the asset may be slightly oversold, which could lead to a possible upward correction. 5. **General Price Action:** - The price action shows a slight retracement from a recent upward movement, which could suggest a minor pullback. If the price holds above the MA(25), it could indicate a continuation of the upward trend.
FLOKI Meme Coin Holders to Receive Simon’s Cat Airdrop Via Binance
Cardano: Crucial Levels At $0.36 and $0.42 to Watch for Upcoming Moves
Swiss Digital Asset Bank Sygnum Issues Crypto Industry’s First-Ever Bitcoin-Backed Syndicated Loan
U.S. Job Market May Face One Million Job Losses in Major Revision
#PORTALUSDT $PORTAL {spot}(PORTALUSDT) {future}(PORTALUSDT) The price has been trading within a defined range between $0.2600 and $0.3000, with recent price action showing attempts to breach the upper boundary. The consolidation near these key levels suggests that the market is preparing for a potential breakout. The PORTAL/USDT pair is currently trading at $0.2851, showing a modest increase of 0.35% in the latest session. The price is positioned above the 200-period Moving Average (MA) at $0.2641 and slightly above the Volume Weighted Average Price (VWAP) at $0.2804, indicating a positive market sentiment and potential for further upward movement. The RSI is at 58.85, suggesting that the market is slightly bullish, but there is still room for growth before reaching the overbought zone .The MACD shows a positive histogram. Support: The first support level is located at $0.2600, within the highlighted purple zone. This area has acted as a strong support level in previous sessions and is critical for maintaining the current bullish bias. A break below this level could lead to a bearish correction. Resistance: The immediate resistance is at $0.3000, which represents a psychological level and has been tested multiple times. A successful break above this resistance could pave the way for a more significant upward move towards higher levels. Bullish Scenario: If the price can break and hold above the $0.3000 resistance, there is a strong likelihood of a continuation of the bullish trend, with potential targets at $0.3200 or higher. Bearish Scenario: If the price fails to break the $0.3000 resistance and drops below the $0.2600 support level, it could signal a bearish reversal, leading to further declines towards $0.2400 or lower. Disclaimer: This analysis is provided for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves significant risk, and it is important to conduct thorough research before making any trading decisions. #BinanceLaunchpoolDOGS #CryptoMarketMoves #BecomeCreator #6thTrade
BNB/USDT Surges with Optimism: Strong Uptrend Signals More Growth Ahead ? $BNB {future}(BNBUSDT) {spot}(BNBUSDT) #BNB/USDT has exhibited impressive upward momentum, driving the price to an impressive $572.7. This consistent and powerful rise has kept the pair within a well-defined and bullish range, signaling not just stability, but the strong potential for even more growth as the uptrend gains further traction. The market's positive reaction to the recent breakout above critical resistance levels is a clear indication of the underlying strength and confidence in this rally. This upward surge isn't just a fleeting movement; it's a strong affirmation of BNB's resilience and the broader market's belief in its continued ascent. The breakout has injected a renewed sense of optimism among traders and investors alike, with many eyeing even higher targets on the horizon. This is a market that's not just moving up, but doing so with purpose and conviction. For those who strategically positioned themselves with a 1:3 risk ratio, this move has been nothing short of a rewarding experience. However, as with any market, vigilance is key. While the current trajectory is highly encouraging, the dynamic nature of price action means that fluctuations can still occur. But with the momentum we've seen, the outlook remains bright. BNB/USDT is on a strong upward path, and the recent price action suggests that this is just the beginning. The potential for further growth is significant, and the market sentiment is clearly optimistic. Traders and investors should remain confident, while also staying alert to any potential shifts, as the journey toward higher highs continues. Disclaimer: This analysis is provided for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves significant risk, and it is important to conduct thorough research before making any trading decisions. #BinanceLaunchpoolDOGS #PowellAtJacksonHole #MarketSentimentToday #6thTrade
River: A Bitcoin Brokerage Built From The Ground Up
$ADA This may not materialize now or it may never will who knows but here's my macro analysis for Cardano (ADA) 🙅 spot trade only. -Harmonic pattern is visible in the macro time analysis -Double bottom pattern is also visible in it's lower time frame -With a neckline target which needs to break to initially Activate the set up. -Neckline price at 0.8090 breaking this will trigger a potential Double bottom pattern -while hitting the maximum target for double bottom pattern is at 1.2737 -Breaking 1.2737 will soon connect to harmonic pattern which is years in process. -connecting 1.2737 to 1.8471 will fully verified the the harmonic pattern target profit. while stoploss is at 0.2108 Wild guess: in my pov ada is a good shelter in a storm since there's lesser people trust this coin its a good hidding spot for 🐳 again 0.2108 will be 🛑 stop loss for risk management all are not financial advice đŸ”„ 🚀🚀🚀
Solana protocol teases market for Gamestop-style short squeeze of $53bn memecoin market
Solana price hits a wall at $150 as several headwinds intensify
**Solana's SOL Token Faces Challenges Despite Network Growth** Solana's native token, SOL, has struggled to break past the $150 mark since August 11, despite consistent buying activity around the $125 support level. Interestingly, the Solana network has seen significant growth in deposits and activity, but this hasn't translated into a price increase for SOL. **Key Points:** - **Memecoin Hype Fades:** Recent hype around SOL was driven by memecoins and airdrops, which have seen significant price drops. - **Network Activity Decline:** Solana's DeFi, NFT, and other sectors have seen reduced activity, impacting SOL's performance. - **ETF Uncertainty:** Hopes for a Solana spot ETF were dampened after the SEC raised concerns, leading to Cboe Global Markets halting their application process. Despite these challenges, some decentralized applications (DApps) on Solana, like Jito and Raydium, have shown increased fees and activity. However, the overall decline in network activity and regulatory uncertainties continue to weigh on SOL's price potential.
Yassamin Ansari Wins Arizona Primary For Congressional Seat
Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary By 39 Votes
Bitcoin Mining Costs Surges Drastically Amidst Post-Halving Challenges
Top Hedge Funds Lead Institutional Investors Increased Exposure to Bitcoin ETFs in Q2 2024
OpenAI Partners With Condé Nast to Enhance AI Content Offerings
$NTRN took a huge breakout from 0.28$ and now it is all prepared to cross 0.65$ in a shorter timeframe. The way this volume is coming, it seems like we'll reach there way earlier than expected. Just hope Bitcoin doesn't disappoint us. As of now, we've tracked 600% gains on it.
đŸŽ™ïž AMA: GoraBots NFT Launch đŸŽ™ïž đŸ—“ïž Wed, Aug 21 @ 4:30pm ET In 24 hours, join @GoraNetwork and @ShuflLabs to learn all the details about the GoraBots NFT launch đŸ€– Hear from @al_goanna, @Osman808s, @MoonAlgo, and @joana_scl. Set your reminder: https://twitter.com/i/spaces/1MYGNMRDoDnKw
What's the longest you've ever waited for a transaction to confirm? âŒ›ïžđŸ˜© We're looking for the absolute worst of the worst horror stories.đŸ˜± Tell us your worst!
🔔🔔🔔 FREE #SOL GIVEAWAY ALERT🔔 🔔 🔔 Claim Free Random $SOL Coins Airdrop đŸȘ‚ 🎁 🧡 Just Complete 3 Simple Steps đŸ“ŠđŸ”„đŸš€ đŸ”¶ STEP 1 :- Click here 👉 @ProCryptoTech to open profile 🎉✅ đŸ”¶ STEP 2:- You Will See Yellow #VOTE Option 🟹 đŸ‘ïž Click on Vote Option & Done ✅🚀 đŸ”¶ STEP 3:- After Completing VOTE 🟹 👌 Type " VOTE DONE " In Comment On This Post & You will Get SOL Reward BOX 🎁 If You're Not Receiving #solana đŸ”„đŸ”„ Box Reward ✌ Vote again đŸ•Żïž Vote Task is Must Help Us To Win Creator Of The Year 2024 Award 🏆 #ProCryptoTech #Binance
Everything you need to know about real estate tokenization ↓ https://chain.link/education-hub/tokenized-real-estate
🚹 Protofire Public RPC Update 🚹 A new rate limit of 50 requests/sec has been implemented. Regular wallet users (i.e. metamask & dApps) are not affected. Looking for alternatives? Check out 1rpc, Chainstack, Ankr, and more: https://docs.harmony.one/home/developers/getting-started/list-of-rpc-providers
Speculative Analysis: Could DOGS Hit $0.0125 on Binance Based on MEME's Launch Performance? Memecoin (MEME) was the 39th project featured on Binance Launchpool. With a total supply of 69 billion tokens, MEME also conducted an airdrop to distribute tokens. For context, MEME's supply is roughly 8 times that of DOGS, which has a total supply of 550 billion. On its first day of trading on Binance, MEME achieved an All-Time High (ATH) of $0.10, with a low of $0.001. If we use this performance as a basis to predict the potential price of DOGS when it gets listed on Binance on the 26th, a simple calculation can be made. By dividing MEME’s ATH by 8, we arrive at an estimated first-day high of $0.0125 for DOGS. However, this is just a rough estimate and not a guaranteed prediction. Many other factors could influence DOGS' price, so it's wise to keep your expectations in check. This analysis is more of a speculative exercise than a definitive forecast. #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021
đŸ’„đŸ’„đŸ’„ New #Shibalnu ($SHIB ) Bull Run Possible but Under an Important Condition: Details 1. SHIB Turns Bullish - After a prolonged consolidation in August, SHIB seems to have found its bottom and is now poised to explore higher levels. The support at $0.000011 held firm, and bulls are now targeting the key resistance at $0.000014. If this resistance is broken, it could spark a new rally. At the time of writing, SHIB is trading at $0.000012. 2. Is the Downtrend Nearing Its End? - Should buyers step in at this level, SHIB might finally end the downtrend that has persisted for months. For this to happen, it’s crucial that SHIB turns the $0.000014 level into support. This week could be pivotal in determining SHIB's next move. 3. Bullish Momentum Returns - The daily #MACD flipped bullish last week, and now the two-day MACD has followed suit. This indicates that buyers are gaining the upper hand, and if this momentum continues, SHIB could enter a sustained uptrend. For the latest updates on the ecosystem, be sure to check out our Shibarium news. Source - cryptopotato.com #cryptoupdates2024 #BinanceSquareTrends #CryptoMarkets
SYS crypto soars 200%: Can it maintain the momentum?
🚀 Tokyo-based Metaplanet investment firm has just made waves in the crypto world! They’ve snapped up an additional 57.273 BTC, valued at around $3.4 million, during the current market lull, setting the stage for long-term growth. đŸŒ± This move is part of their strategy announced on August 8, following a hefty 1 billion yen loan (~$6.8 million) aimed at boosting their Bitcoin reserves. 📈 Since the announcement, Metaplanet's stock price has soared over 11%! 📊 With this latest purchase, Metaplanet's total Bitcoin holdings now stand at an impressive 360.368 BTC. The firm began adopting Bitcoin as a strategic treasury reserve asset in May, responding to Japan's economic challenges. đŸ’Œ Metaplanet's strategy mirrors that of MicroStrategy, which has been acquiring BTC since 2020. 🏩 Other companies like Marathon Digital Holdings and Semler Scientific are also raising capital to invest in Bitcoin. 🌐 Stay tuned, Bitcoin enthusiasts! The future looks bright for BTC! 🌟
Tuna Chain Partners With Mystiko Network to Make Blockchains More Interoperable and Scalable
Metaplanet Stocks Surge By Double Digits After the Latest Bitcoin Acquisition
Tether Mints $1B USDT on Tron, Hits $33B in Yearly Issuance
$ACE {spot}(ACEUSDT) {future}(ACEUSDT) #ACE/USDT Consolidates with Bullish Bias: Key Levels to Watch for Breakout or Reversal The price has been oscillating within a relatively narrow range between $2.170 and $2.400, with recent action showing a bullish attempt to break out of this range. The consolidation near the moving averages suggests that the market is gathering momentum for a potential breakout, but it is still facing resistance at higher levels. Relative Strength Index (RSI): The RSI is currently at 54.45, which suggests a moderately bullish sentiment. The RSI is not in the overbought or oversold zone, implying that there is still room for price movement in either direction. The MACD indicator is slightly negative, with the MACD line below the signal line, and the histogram showing minor bearish divergence. This could indicate a potential short-term correction, but the overall trend remains positive. Support: The first support level is around $2.199 to $2.170, a zone that has previously held as a key area where buyers step in to support the price. If the price falls below this level, it could indicate a reversal of the current bullish trend. Resistance: The immediate resistance is at $2.400, which is the upper boundary of the recent trading range. A break above this level could trigger further upside movement, potentially targeting higher resistance zones around $2.500 and beyond. Bullish Scenario: If the price successfully breaks and holds above the $2.400 resistance, there could be an acceleration in the bullish trend, with the price potentially moving towards $2.500 and higher levels. Bearish Scenario: If the price fails to break through $2.400 and drops below the $2.199 to $2.170 support zone, it might signal a reversal, leading to further declines towards $2.100 or lower. #MarketSentimentToday #6thTrade #Marketupdate #BecomeCreator
Trying to buy crypto for the first time... $BTC $ETH #CryptoMarketMoves #Babylon_Mainnet_Launch #LowestCPI2021
New SHIB and Pepe Pairs Added by Major US Exchange
Bitcoin bears & Ethereum bears are very aggressive at this point. A short squeeze is problem-solving for this. #Binance #bullrun2024📈📈 #bearflag #MarketSentimentToday #SEC
Trader Narratives Declare DTX Exchange as The Next Breakout Star Over Toncoin and Dogecoin
$GALA {spot}(GALAUSDT) {future}(GALAUSDT) the latest trading session, the GALA/USDT pair demonstrated a significant surge in upward momentum, pushing the price to a new level of $0.0188. This steady and consistent rise has not only kept the pair within a well-defined trading range but also reinforced the bullish sentiment that has been building over recent sessions. The pair's performance suggests that the uptrend is far from over, with the potential for continued growth on the horizon. The market's positive response can be attributed to a recent breakout above crucial resistance levels, which has acted as a catalyst for further buying interest. This breakout is particularly noteworthy as it signals a shift in market dynamics, where previously hesitant buyers have now gained confidence, leading to increased demand and upward pressure on the price. Moreover, the sustained increase in price reflects underlying strength in the market, as the GALA/USDT pair continues to attract attention from both short-term traders and long-term investors. The well-defined range within which the pair has been trading indicates a period of consolidation that has allowed the market to build a solid foundation for future gains. As the uptrend progresses, market participants will be closely watching for further signs of strength, particularly any attempts to breach higher resistance levels that could open the door to even greater price appreciation. The current price action suggests that the GALA/USDT pair is poised for further advances, provided that the broader market conditions remain supportive and the bullish momentum continues to build. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves significant risk, and it is important to conduct your own research before making any trading decisions. #BinanceLaunchpoolDOGS #6thTrade #Market_Update #MarketSentimentToday
🚀 Ethereum users are shifting towards private transactions to combat frontrunning, now consuming over 50% of Layer 1 gas! This trend is reshaping the network, impacting everything from digital wallets to dApps. 🔍 While private transactions only make up 30% of all Ethereum transactions, their gas usage highlights a new economic layer. Major builders like Titan and Flashbots are dominating, pushing smaller players out. This shift could affect Ethereum’s decentralization and accessibility, but it also underscores the network's evolving dynamics. Exciting times ahead for #Ethereum! #CryptoNews
🚀 Ethereum users are going private to dodge frontrunners, and it's shaking up the network! Over 50% of Ethereum's gas is now used by private transactions, even though they make up only 30% of all transactions. đŸ€Ż This surge is causing base fees to become more volatile, thanks to the EIP-1559 upgrade. Major players like Beaver, Titan, Rsync, and Flashbots are dominating the scene, pushing smaller builders out. Is this the future of Ethereum? Share your thoughts below! 👇 #Ethereum #Blockchain #CryptoNews
Ethereum Users Shift to Private Transactions Amid Frontrunning Issues
Why Ripple (XRP) Is Soaring Today: What’s Behind the 8% Surge
Germany’s BaFin Seizes 13 Crypto ATMs in Nationwide Crackdown
$RSR has a bullish signal, moving forward after confirming support at 0.0041$. The next target is 0.0087$ in a shorter timeframe. Expecting Bitcoin to remain bullish as well! We've identified a 370% gain in the last rally.
Bitcoin On Brink Of Massive Breakout Like Gold In 2008: Hedge Fund CEO
🚀 Exciting news from Brazil! The Brazilian Securities and Exchange Commission (CVM) has greenlit a second Solana ETF, set to be offered by Hashdex in collaboration with BTG Pactual. 🌟 Hashdex, a seasoned player in the ETF space with over $962M in assets, is no stranger to innovation, having already launched Nasdaq Crypto Index, Bitcoin, and Ethereum ETFs on the B3 exchange. This approval follows the first Solana ETF by QR Asset on August 8. What are your thoughts on Solana's growing presence in the ETF market? Share in the comments! #Crypto #Solana #ETF
🚀 **Brazil Approves Second Solana ETF!** Big news from Brazil! The Brazilian Securities and Exchange Commission (CVM) has given the green light to a second Solana exchange-traded fund (ETF). This new ETF, still in its pre-operational phase, will be offered by Hashdex, a seasoned asset manager with over $962 million in assets, in collaboration with BTG Pactual, a local investment bank. - Hashdex is no stranger to the ETF game, having previously launched products like the Nasdaq Crypto Index and Bitcoin and Ethereum-based ETFs. - This follows the approval of the country's first Solana ETF by QR Asset on August 8. What do you think about the growing interest in Solana ETFs? Share your thoughts in the comments! 💬
Sorella Labs, a Web3 startup, has emerged from stealth mode with a $7.5 million seed round led by Paradigm, along with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent. The company aims to tackle Maximum Extractable Value (MEV) issues on the Ethereum network. MEV is a profit technique used by bots and validators to exploit inefficiencies in the trade ordering mechanism. This includes strategies like front-running, sandwich attacks, and arbitrage, which often disadvantage those with limited resources. Sorella Labs is developing two products, Brontes and Angstrom, to address these challenges. Brontes, debuting on August 20, is an open-source blockchain analytics tool designed to classify transaction actions and identify MEV through pattern matching and analysis. Unlike other MEV solutions that target the Ethereum protocol level, Sorella focuses on mitigating MEV at the application layer.
🚀 Brazil just approved its SECOND Solana ETF! 🎉 The Brazilian Securities and Exchange Commission (CVM) gave the green light to Hashdex and BTG Pactual to launch this new crypto marvel. 🌐 Hashdex, already a pro in the ETF game with products like the Nasdaq Crypto Index and Bitcoin/Ethereum ETFs, is teaming up with BTG Pactual to bring Solana {{SOL}} to the masses. 🌞 With over $962M in assets under management, Hashdex is ready to rock the DeFi and Web 3 world! 🌍đŸ’Ș Feeling bullish? Drop your thoughts in the comments! 🚀 #DeFi #Web3 #Solana #CryptoNews