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Showing posts with the label investments

Could Shiba Memu be one of the best meme presale investments of 2023?

Shiba Memu uses AI to generate value and market itself. Shiba Memu presale allows investors to generate returns every day. SHMU’s potential is huge owing to its value proposition and highly subscribed presale. Shiba Memu (SHMU) is starring as a potential presale leader in 2023. Not only has the project raised over $4.54 million in presale , but investors have made significant returns. The presale launched at just $0.011125, but the token is now valued at $0.042175. The value implies that you would have nearly made four times buying the token after being offered on presale . But is this the only reason Shiba Memu ranks as an attractive meme investment ? Shiba Memu is a potential 10x or 50x investment Times have changed, and meme investments rank high among the options available to investors nowadays. As a snapshot, the meme sector is now valued at over $20 billion, up from $0 in 2020. Thanks to new and revolutionary projects like Shiba Memu, ...

Ethereum's active addresses second-highest in history: analysts

Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Through an examination of Ethereum's (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13. This recent upsurge represents the second -highest number of daily active addresses ever recorded in Ethereum's history . The highest count was registered on Dec. 9, 2022, aligning with Ether's reevaluation following its losses from the post-2021 bear market. As a result, analysts at Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Additionally, this uptick in on-chain activity indicates a growing demand for the underlying asset. The #Ethereum network just saw 1,089,893 unique wallets acting as a sender or...

Nasdaq's Hashdex mixed Ether ETF filing joins crypto ETF race

Known as the Hashdex Nasdaq Ethereum ETF, this investment fund is the first filing for futures and spot Ether holdings under the ‘33 Act and is overseen and supervised by Toroso Investments. The Nasdaq stock exchange has submitted an application to the Securities and Exchange Commission (SEC) seeking approval to list an Ethereum Exchange-Traded Fund (ETF) offered by Hashdex, an asset management company. This ETF is designed to include a combination of spot ether holdings and futures contracts in its portfolio and pioneering a new approach to crypto currency investment within the regulatory framework.  Known as the Hashdex Nasdaq Ethereum ETF, this investment fund is the first '33 Act Ethereum futures filing of futures Ethereum under the ‘33 Act and is overseen and supervised by Toroso Investments. Toroso Investments is registered as a commodity pool operator with the Commodity Futures Trading Commission (CFTC) and is also a member of the National Futures Association. The current ...

Swipe right: A Tinder-like approach to venturing into DeFi and Web3

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Investing in DeFi and Web3 is now super easy with this platform, aiming to make crypto accessible to all. Investors use multiple tools to explore, invest and manage decentralized trading. This platform brings together the best of all worlds in one simplified interface to make investing in Web3 easier for all investors. Legendary investor Warren Buffett once said that we should never invest in businesses that we don’t understand. Web3 is a new market and it’s evolving fast. While understanding all intricacies of decentralized networks might be unachievable, this shouldn’t lead to lost opportunities. Ways to participate in DeFi and Web3 Investors can get exposure to DeFi in so many ways. Here are some of them: Investing in digital assets. Crypto holders can explore digital assets on decentralized exchanges (DEXs) and build noncustodial portfolios, meaning that they hold tokens in their personal wallets while interacting with the apps. Crypto tokens are highly volatile and prone to pric...

How blockchain technology and DeFi could help solve the housing crisis

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Home Construction Collective’s co-founders spoke with The Agenda podcast to explain why homes are so expensive and how decentralized finance might provide an answer. The prices of houses are sky-high all around the world, and homebuyers are feeling the pain. While affording a home has never been more difficult for many people, the ability to raise funds to construct new homes has never been easier, thanks to decentralized finance (DeFi). The newly launched Home Construction Collective is attempting to leverage blockchain’s coordination and fundraising potential in an effort to fund the construction of, and therefore increase the supply of, affordable homes. On Episode 14 of The Agenda podcast, hosts Jonathan DeYoung and Ray Salmond speak with Home Construction Collective co-founders Isaac Lidsky and Erich Wasserman about the housing crisis and how blockchain technology may offer a solution. Unpacking the housing crisis According to Lidsky and Wasserman, the housing crisis is not tru...

Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings

Investment managers WisdomTree and Invesco have filed for spot Bitcoin ETFs, hot on the heels of BlackRock. At least two investment firms have made new filing s for spot Bitcoin exchange-traded funds (ETF) following investment colossus BlackRock’s move to lodge a similar application for its own spot Bitcoin ETF on June 15.  New York-based asset management fund WisdomTree is the most recent investment firm to lodge a new filing for a spot Bitcoin ETF. According to a June 21 filing to the United States Securities and Exchange Commission (SEC), WisdomTree requested that the SEC allow it to list its “WisdomTree Bitcoin Trust” on the Cboe BZX Exchange under the ticker “BTCW.” WisdomTree has filed for spot bitcoin ETF h/t @NateGeraci pic.twitter.com/JwXj8rTs2X — Eric Balchunas (@EricBalchunas) June 20, 2023 WisdomTree has applied for a spot Bitcoin ETF twice before. Its first application was rejected by the SEC in December 2021. It's second application was rejected once again in Oct...

South Korean Prime Minister calls for disclosure of crypto holdings by high-ranking officials

Prime Minister Han Deok-soo reportedly believes that including cryptocurrency in property registration is the right thing to do. South Korean Prime Minister Han Deok-soo is calling for the disclosure and registration of crypto currency assets by high-ranking public official s, a local news outlet has reported.  In a press conference held at the Sejong Government Complex on May 17, the Prime Minister reportedly emphasized the importance of including crypto assets in the property registration of high-ranking public officials. According to a Google-translated version of the report, Prime Minister Han told reporters that the issue of whether high-ranking officials should include virtual currency in property registration “can be fully discussed and decided in the National Assembly.” According to the report, the Prime Minister shared that "Personally, I think it's right to put it in (in the property registration)." To support his stance, the Prime Minister drew a parallel w...