binancepizza

Fintech company DeFi Technologies announced that its subsidiary Valour’s assets under management (AUM) had grown to 837 million Canadian dollars (about 609 million U.S. dollars) as of July 31, 2024, a year-to-date increase of 64%. Net inflows in July were 9.3 million Canadian dollars (about 6.75 million U.S. dollars).
The company currently has a cash and USDT balance of approximately 56.2 million CAD (40.9 million USD) and loans of approximately 17.9 million CAD (13 million USD).
As of August 7, the company held 204.34 bitcoins, 12,775 SOL tokens, and 1,484,148 CORE tokens, with a total value of $20.7 million CAD ($15.1 million USD).

Institutional digital asset broker FalconX posted on X that institutions are buying on dips in this crash, noting today that almost all investors are net buyers, including proprietary trading desks (57% of total buy-side traffic), hedge funds (63%), venture funds (61%), and retail aggregators (72%). The buy/sell ratio, which was below 50% last week, is now above 50% today.
In addition, BTC trading volume is 2.8 times that of ETH, and the trading volume of both is more than twice that of altcoins. #binancepizza

Arkham announced that it has marked the address of Canadian ETF issuer 3IQ, which currently holds more than $500 million worth of BTC, including:
-QBTC Bitcoin fund address holds 324 million USD;
-BTCQ Bitcoin ETF address holds $215 million worth of coins. #binancepizza

According to SoSoValue data, the total net inflow of Bitcoin spot ETFs yesterday (August 12, Eastern Time) was US$27.8689 million.
Yesterday, Grayscale ETF GBTC had a single-day net outflow of US$11.7743 million. The current historical net outflow of GBTC is US$19.463 billion.
Grayscale Bitcoin Mini Trust ETF BTC had a single-day net inflow of US$7.8537 million. Currently, the total historical net inflow of Grayscale Bitcoin Mini Trust BTC is US$274 million.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was the ARKB ETF from Ark Invest and 21Shares, with a single-day net inflow of US$35.4019 million. Currently, the total net inflow of ARKB in history has reached US$2.446 billion.

SEC approves first leveraged long MicroStrategy ETF
RELATED INDICES
The ETF's approval by the SEC offers U.S.-based traders increased leveraged exposure to bitcoin through MicroStrategy, which holds a significant bitcoin portfolio.
MSTX is designed to amplify investment potential for those seeking high-risk, leveraged exposure to bitcoin within an ETF format.
Defiance ETFs specializes in thematic and leveraged ETFs, including those targeting blockchain, AI, machine learning and quantum computing sectors.
MicroStrategy holds 226,500 bitcoin with an average purchase price of $35,158 per bitcoin, making it a key player in the bitcoin market.
U.S. spot bitcoin ETFs saw significant outflows on Wednesday, with Grayscale's GBTC experiencing the largest outflows, while BlackRock's IBIT and Franklin's EZBC were the only funds to record inflows.
Binance re-enters India
Binance announced that its website and app are now fully available to Indian users, emphasizing its commitment to complying with anti-money laundering standards in India.
Binance’s CEO, Richard Teng, stated that the alignment with Indian regulations allows the exchange to better serve the Indian VDA market.
Binance's re-entry into India follows a penalty of 188.2 million Indian Rupees ($2.25 million) imposed by the FIU for previous violations of the country’s Prevention of Money Laundering Act, which the exchange has confirmed paying.
ETH, SOL exhibit heightened price sensitivity amid wider market caution
The crypto market remains subdued despite cooler inflation data, and bitcoin and ether reacted negatively due to diminished hopes of a more dovish rate cut by the Federal Reserve.
The CME FedWatch tool indicates a 62.5% probability of a 25 basis-point rate cut by the Fed next month, which could support risk-on assets like bitcoin and ether.
BRN analyst Valentin Fournier views the current market dip as a strategic buying opportunity, expecting bitcoin to rebound to a $65,000 to $68,000 range driven by upcoming rate cuts and easing pressure on risk assets.
Spot bitcoin ETFs see $81 million exit
BlackRock’s IBIT and Franklin’s EZBC were the only bitcoin ETFs to record inflows, with $2.68 million and $3.42 million, respectively, while six other bitcoin ETFs recorded zero flows.
Spot ether ETFs continued their positive streak, with $10.77 million in net inflows on Wednesday, led by BlackRock’s ETHA with $16.13 million, while Grayscale’s ETHE was the only fund to post outflows at $16.95 million.
The total trading volume of the nine spot ether ETFs dropped to $155.91 million on Wednesday, compared to $190.76 million on Tuesday and $285.96 million on Monday.
Uniswap Labs's $2.35 million auditing competition
The v4 release introduces new features like "hooks," allowing for customizable liquidity pools and aims to reduce transaction costs by consolidating all liquidity pools into a single contract.
The auditing competition will start on Sept. 4, with rewards based on the severity of disclosed vulnerabilities and the quality of submission documentation.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
#binancepizza

Arthur Hayes delves into the complexities of global financial markets, focusing on the potential unwinding of the USD/JPY carry trade and its potential impact on the cryptocurrency market, predicting severe consequences for global financial stability if the trade collapses.

The number of global cryptocurrency millionaires has surged 95% in the past year as Bitcoin ETFs and other crypto assets climb, according to a new report. According to a report by New World Wealth and Henley & Partners, 172,300 individuals worldwide currently hold more than $1 million in crypto assets, a significant increase from 88,200 last year. The number of pure-player Bitcoin millionaires has more than doubled to 85,400.
There are now 325 crypto deca-millionaires (those holding $100 million or more in crypto assets), and 28 crypto billionaires, the report shows. The surge reflects the rapid growth of the Bitcoin ETF, which has surpassed $50 billion in assets since its launch in January and has sparked a wave of institutional participation. Bitcoin prices have risen 45% this year to about $64,000. As the value of other cryptocurrencies has risen, the market capitalization of crypto assets has grown to $2.3 trillion, up from $1.2 trillion last summer. (CNBC) #binancepizza

A U.S. Department of Labor spokesman said a technical glitch delayed the release of employment data on August 21. The Bureau of Labor Statistics has put in place new safeguards to ensure equal access to data. (Jinshi)
#binancepizza

Cryptocurrency prices in the non-fungible token (NFT) market fell on Wednesday morning in the United States on news that OpenSea may face U.S. regulatory action. In addition to the decline in the entire cryptocurrency market that began on Tuesday evening U.S. time, Blur (BLUR) fell 5% in the minutes after the news was announced, and then rebounded slightly. It has fallen 10% in the past 24 hours. Tensor (TNSR), a Solana-based NFT market aggregator, also fell 3%. The price of this token has fallen by nearly 9% in the past 24 hours. In the same time frame, the CoinDesk 20 Index fell by 4%.

Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, said in a social media response to top trader Eugene NgAh Sio, "I don't think SUI's market value will reach the level of SOL, but its current market value is only 3.5% of SOL, which sounds like the arguments given by the .eth community before or during SOL's outperformance."
#binancepizza

Episode 54 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro, FalconX Global Head of Revenue & Business Austin Reid, and US Senator Tim Scott.
Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

This episode of The Scoop was recorded with US Senator Tim Scott (R-SC) and Falcon X Global's Head of Revenue and Business Austin Reid live at the SALT Conference in Jackson Hole.
Senator Scott and Reid discuss the growing political interest in crypto and digital assets in the United States, and the need for better education that clearly conveys the value proposition of this new form of technology.
Start your day with the most influential events and analysis
happening across the digital asset ecosystem.
OUTLINE
00:00 Introduction
00:40 Crypto's Political
03:05 Trump's Crypto Shift
04:23 US Regulatory Landscape
08:06 Crypto's 'Branding'
16:23 Bipartisan Crypto Support
18:23 Harris' Crypto Policy
19:48 SEC Leadership Change
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network
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The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
#binancepizza

This article discusses the potential of QQQ6900, a cryptocurrency with a strong team and a proven track record, as a promising mid-term investment opportunity. #binancepizza

The U.S. Commodity Futures Trading Commission has warned of a potential surge in election gambling and requested that an appeals court continue to halt Kalshi's political prediction markets while the agency's appeal is ongoing. The CFTC stated that Kalshi and others have interpreted a judge's decision on September 6 as a green light for election gambling. The judge had ruled that the regulator was wrong to prevent the company from offering contracts on which party would control each house of Congress.
#binancepizza

According to informed sources, Elon Musk's artificial intelligence startup xAI is negotiating a round of financing with investors, with a valuation expected to reach around $40 billion. A few months ago, xAI's last valuation was $24 billion when it raised $6 billion in the spring. One informed source stated that xAI hopes to raise several billion dollars in the new round of financing. The cash raised will be counted towards the $40 billion valuation. Musk stated on Monday that xAI plans to increase the number of graphic processing units at its Memphis data center from 100,000 to 200,000. NVIDIA's CEO praised the speed at which xAI is establishing the data center in Memphis, referring to it as 'the fastest supercomputer on Earth' in a recent podcast. (Golden Ten) #binancepizza

Ave data shows that the number of GOOFY on-chain currency holding addresses has increased rapidly, exceeding 3,300. GOOFY has increased by more than 70% in the past 24 hours, temporarily reporting $0.00757. It is reported that GOOFY is a zoo-themed MEME coin released by the Solana chain. #binancepizza

Dr. Xiao Feng, Chairman and CEO of HashKey Group, delivered a keynote speech entitled "On-Chain" and "In-Chain" at SmartCon 2024 today, stating that traditional and crypto financial markets will achieve interoperability through stablecoins (Payfi, which is a fiat-tokenized stablecoin), ETFs (off-chain securitization of crypto assets), RWA (on-chain tokenization of traditional assets), and STO (tokenization of on-chain Web3 business), all of which will be carried out by licensed and compliant institutions (on-chain storage, lending, and trading).
Dr. Xiao stated that "On-Chain" mainly involves three ways: Web2 (data on-chain), DePIN (device on-chain), and DeFi (asset on-chain). On-chain is a path for users to embrace greater value rather than a goal. HashKey's recently released Ethereum L2 public chain, HashKey Chain, will build a compliant-friendly and innovation-encouraging ecosystem, allowing traditional finance and Web3 users to share the infinite possibilities and values brought by blockchain technology and applications.
#binancepizza

12:00-21:00 Keywords: USDC, central bank, Bitfarms
Berkshire Hathaway's cash reserves exceed $300 billion;2. This week, the US Bitcoin ETF purchased over $2.2 billion worth of BTC;3. The central bank's Lu Lei: The closer Bitcoin is to assets, the further away it is from widely circulated currency;4. The circulation of USDC has increased by about 300 million in the past 7 days;5. Forbes: In October, the volatility of Tesla, AMD, and Nvidia stocks was higher than that of Bitcoin;6. Bitfarms will deploy 10,000 miners in Pennsylvania;7. The current probability of predicting Trump's victory in the US presidential election is 57.5%;8. MicroStrategy transferred 1652 BTC to a new wallet. #binancepizza

According to Arkham monitoring, 4 minutes ago, Binance institutional custody platform Ceffu deposited 1,279,959,528,068 PEPE to Binance, approximately 11.49 million dollars. #binancepizza

Robinhood Markets reported in its submitted third-quarter report that the company's revenue and net deposits have significantly increased, indicating that despite facing previous challenges and regulatory pressures, the company is still expected to turn a profit. #binancepizza

According to Whale Alert, an address holding 8,563,180 USDT on the Tron chain was frozen about 20 minutes ago.
#binancepizza