Month: August 2024

Market Swing Yields 12% Gains For UNI

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With the broader market swing suggesting that most cryptocurrencies are in a bull run, Uniswap has continued its upward trajectory, capturing some of the momentum of the broader market. According to CoinGecko, the token is up nearly 12% since last week despite the market dipping slightly yesterday, August 21st.  Related Reading Uniswap’s position within the crypto community is largely untouched, especially after its recent on-chain development that shows exceptional growth as a market. However, there are some aspects where the platform is seeing some weakness, putting UNI’s position into question…

Why Actively Managed Crypto SMAs Could Outperform ETFs for Institutional Investors: Key Advantages Explained

Unlike ETFs, SMAs give you direct ownership of your assets, which enables greater portfolio customization to meet your specific risk/return needs goals. That is, SMAs can be custom-tailored by your investment manager to meet your unique requirements – risk tolerance, investment horizon, financial goals and more. Direct ownership also facilitates more transparent and straightforward tax management strategies, such as tax-loss harvesting. Finally, SMAs are custody-agnostic, allowing investors to choose from a wide variety of custodians and venues ranging from Anchorage, BitGo, Coinbase and Kraken. Source

Solana Dump Far From Over? Whales Continue To Dump SOL

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The Solana dump looks far from over as whales continue offloading their SOL holdings during this market downtrend. The recent shakeup in the crypto space might have also contributed to these whales’ bearish sentiment towards Solana.  Crypto Whale Offloads $16 Million Worth Of Solana In an X (formerly Twitter) post, the on-chain analytics platform Lookonchain drew the crypto community’s attention to a whale who has sold 114,300 SOL ($16 million) on Binance and OKX since August 4. This whale’s most recent sale came on August 20, when they sold 10,000…

Fanton Secures $1M Seed Investment to Enhance Blockchain Fantasy Football Platform

Zach Anderson Aug 22, 2024 13:42 Fanton Fantasy Football secures $1M in seed funding from Animoca Brands and others to expand its blockchain-based platform integrated with Telegram. Fanton Fantasy Football, a blockchain-based fantasy sports platform seamlessly integrated with Telegram, has successfully closed a significant seed funding round, securing $1 million. According to GlobeNewswire, the round saw participation from notable investors such as Animoca Brands, Delphi Ventures, HashKey x TON Accelerator, and Kenetic Capital. Rapid Growth and Strategic Momentum Fanton Fantasy Football has…

Bitcoin Price (BTC) Fell 0.1% While Ether Price (ETH) Dropped 0.3%

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Dogecoin Price (DOGE) Poised To Surge If This Support Holds

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Here’s why Trumpcoin, MAGA, and Trump tokens are rising

Donald Trump-themed cryptocurrencies surged on Aug. 21 as his odds of winning the election increased and as Bitcoin held steady above $60,000. MAGA (TRUMP) token rose by 46% to $3.88 while MAGA Hat (MAGA) rose by over 13.2%. Trumpcoin (DJT) jumped by 10% to $0.000154.  This rally coincided with rising odds that Donald Trump might win the general election. According to Polymarket, the likelihood of a return to the White House now stands at 54%. Meanwhile, rival Kamala Harris’s odds dropped to 46%. This marks a significant reversal, as she…