AGIX, FET, and OCEAN will merge into a single token, $ASI. Consequently, $FET will transition to $ASI at a 1:1 conversion rate. $AGIX and $OCEAN will both be converted at a conversion rate of 0.433 to 1.
As for how to buy $ASI or convert to $ASI, there is currently no answer from the project. However, we can see that the field of Artificial Super Intelligence (ASI) is showing high potential for development. So don't miss out on this opportunity.
What do you think about this merger? Leave your comments below. #Cryptocurrency #Investment #binance $trends #CryptoToday #BinanceVietnamSquare
ℹ️ Bitcoin News MicroStrategy has purchased 27,200 BTC for approximately $2.03 billion (averaging $74,463 per #bitcoin). Purchase Period: October 31st to November 10th, 2024 The company now holds a total of 279,420 BTC, acquired for approximately $11.9 billion with an average price of around $42,692 per bitcoin. $BTC
A decline in Bitcoin's dominance is often correlated with an increase in altcoin prices. This can be attributed to several factors:
Portfolio diversification: When Bitcoin's price stagnates or decreases, investors tend to diversify their portfolios by allocating funds to altcoins in search of higher returns. Market sentiment: Positive market sentiment can embolden investors to allocate funds to altcoins, leading to increased prices. Competition: The proliferation of altcoins offering innovative features and technologies has increased competition and attracted investment. Market cycles: Certain market cycles may exhibit periods of strong altcoin performance while Bitcoin remains relatively stable or declines, contributing to a decrease in Bitcoin's dominance. $BTC $ETH $OP
BREAKING: 🇩🇪 German government sells off all Bitcoin holdings, worth a total of $2.9 billion.
The source of the $BTC held by the German government mainly came from the confiscation of assets from a piracy website called Movie2k that operated from 2013. All of the BTC was then transferred to a crypto wallet managed by the Federal Criminal Police Office of Germany (BKA). **The bad news is over, will BTC be able to recover in the next few days? **
BREAKING NEWS: Bitfarms' Bitcoin Mining Revenue Plunges 45% to $7 Million in First Month After Bitcoin Halving Bitfarms reported earning 156 $BTC BTC in May, down 42% from April.
This comes after a recent announcement that Bitfarms had rejected a near $1 billion takeover bid from Riot Platforms.
The U.S. Securities and Exchange Commission (SEC) has approved eight Ethereum exchange-traded funds (ETFs) ✅ Eight approved ETFs include: Grayscale Blackrock Fidelity Bitwise VanEck Invesco Galaxy ARK 21Shares Franklin Templeton ✅ However, the SEC has only approved one 19b-4 filing, meaning that ETH ETF funds cannot start trading immediately like Bitcoin ETFs.
✅ The S-1 filing will be approved later, and the timeframe will depend on the SEC. According to sources, the fastest is 2 weeks and the slowest is 7-8 months. $ETH
$ETH Ethereum Spot ETF Update: Coindesk confirms potential approval this Thursday Coindesk has reported that Ethereum Spot ETFs could be approved as early as this Thursday. This news has sent shockwaves through the crypto community, with many investors eagerly awaiting the potential launch of these products.
According to three sources, exchanges that want to list and trade shares of Ethereum Spot ETFs were suddenly asked by the SEC to update their filings. This suggests that the SEC may be close to making a decision on the approval of these ETFs.
In order for an ETF to be approved and begin trading, the issuer needs the SEC to approve both a 19b-4 form (which approves the rules for having an Ethereum Spot ETF) and an S-1 form (which approves a company's specific product for trading, such as BlackRock's Ethereum ETF product). In the case of Bitcoin ETFs, both of these were approved almost simultaneously, and trading began within a few days.
One theory being discussed is that the SEC does not want to alienate the crypto community, but they also do not want an Ethereum Spot ETF on the market right now. One way they could do this is to approve Ethereum ETFs as a general product but delay approving any specific products until they have approved the companies' S-1s, which could take some time.
$ALT is gaining attention from the investment community with many positive predictions about its growth potential. The project has received a lot of shilling but does not apply a locking staking mechanism. The project fund has recorded an impressive growth of x25 - x45 times from the seed and private funding rounds. The time is coming to unlock a large amount of tokens for investors.
Crypto News Summary 1. Mainland Chinese investors are currently not allowed to participate in the trading of virtual asset spot ETFs in Hong Kong. (Source: Caixin)
2. The official website of the Hong Kong Securities and Futures Commission has listed Bitcoin and Ethereum spot ETFs, as well as the stock codes of ChinaAMC, Boshi, and Harvest.
3. Boshi HashKey Bitcoin and Ethereum ETFs will have zero management fees for the first four months.
4. Analysts: Management fees for Hong Kong's Bitcoin/Ethereum Spot ETFs are 0.3%, 0.6%, and 0.99%, respectively.
5. People familiar with the matter: Morgan Stanley is looking to allow brokers to actively promote Bitcoin ETFs to clients.
6. US prosecutors are seeking a 36-month prison sentence for Zhao Changpeng.
7. Binance founder Changpeng Zhao apologized before sentencing, and 161 others have sent letters of support.
8. The total net asset value of Bitcoin spot ETFs is now $55.82 billion, and the ETF net asset ratio is 4.27%.
9. KPMG: Nearly 40% of institutional investors surveyed in Canada will have exposure to cryptocurrencies in 2023.
10. Justin Sun's suspected address has once again withdrawn 7.1279 ETH from Binance, equivalent to approximately $22.28 million.
11. Upbit is fueling South Korea's cryptocurrency craze and is ranked among the top 5 exchanges globally.
12. The EU's anti-money laundering law has passed its final vote and officially imposes due diligence requirements on crypto companies.
13. The number of addresses holding stablecoins has increased by 15% this year to 93.6 million.
SEC Proposes Massive $5.3 Billion Penalty for Terraform Labs and Do Kwon
The U.S. Securities and Exchange Commission (SEC) has proposed a hefty $5.3 billion penalty against Terraform Labs and its co-founder, Do Kwon, following a court ruling finding them liable for fraud.
This substantial penalty comprises approximately $4.7 billion in disgorgement and prejudgment interest, along with $520 million in civil penalties. The SEC also seeks to bar Do Kwon from serving as an officer or director of any securities-issuing company and has requested the disclosure of his personal financial information.
Terraform Labs and Do Kwon had previously submitted their own proposal for significantly lower fines, suggesting a maximum penalty of $3.5 million for Terraform Labs and $800,000 for Do Kwon. Do Kwon currently remains in Montenegro, and the final outcome will depend on the court's decision.