Author: cryptotechbro
Each fund would invest in SOL, which is currently the fifth largest cryptocurrency by market cap. Two asset management firms, VanEck and 21Shares, have applied to offer Solana spot exchange-traded funds (ETFs). VanEck filed its application with the U.S. Securities and Exchange Commission (SEC) on June 27, while 21Shares filed its application on June 28. Both funds intend to list and trade shares on the Cboe BZX Exchange. The ETFs aim to invest in Solana’s native cryptocurrency token, SOL, and reflect the the asset’s price performance minus operating expenses. Both applications identify certain companies that will participate in operations. 21Shares…
On-chain data shows the XRP sharks and whales have expanded their holdings to a new all-time high (ATH) with a 10% jump in August. XRP Wallets With 10 Million To 100 Million Tokens Have Set A New Record According to data from the analytics firm Santiment, the XRP sharks and whales have sharply increased their holdings recently. The indicator of relevance here is the “Supply Distribution,” which tells us about the total amount of the cryptocurrency that a given wallet group is holding right now. Addresses or investors are divided into these cohorts based on the number of coins that…
Donald Trump, a name synonymous with political spectacle, has now set his sights on the world of cryptocurrency. We analyzed his recent remarks. At the recent Bitcoin conference in Nashville, the former president made a bold promise: if elected, he would make the U.S. the “crypto capital of the planet” and usher in a “Bitcoin superpower.” The crowd erupted in cheers, but beyond the hype, what does this really mean for the future of Bitcoin? Trump’s embrace of crypto is undoubtedly a political maneuver. His campaign has already raked in millions in cryptocurrency donations, and his Nashville appearance likely generated a further windfall.…
Insider Brief LG Innotek partners with Ansys to expand Digital Twin technology, drastically reducing product development time and costs. Virtual simulations cut substrate warping prediction time from 11 days to 3.6 hours, optimizing production processes. Collaboration aims to implement Digital Twin across all value chains, enhancing quality and efficiency through AI-driven simulations. LG Innotek announced on August 8 its plans to expand the application of ‘Digital Twin’ technology across all processes in collaboration with Ansys, the global leader in engineering simulation, according to the Korea IT Times. This partnership aims to leverage the technology to improve the manufacturing sector by…
Solana price is up today as the wider crypto market recovers and analysts focus on SOL’s outperformance versus ETH.
The rise of blockchain technology has brought about a wave of positive transformations across multiple sectors, including online gambling. This cutting-edge technology ensures safety and openness in tackling concerns within the gambling sector. Blockchain technology functions as a decentralized ledger system that securely logs transactions across a network of computers. Each transaction gets bundled into a block connected to the one creating a sequential chain. This setup ensures transparency, immutability, and security because changing any block requires unanimous agreement across the network making it resistant to manipulation and fraud. Widely linked with cryptocurrencies such as Bitcoin, the use of blockchain…
The American Internal Revenue Service has announced much tougher tracking on income gained from cryptocurrency investments. Alright, listen up, crypto folks. The IRS just dropped some serious bombshells about how they’re gonna be tracking your digital dough. Let’s break it down: starting in 2026, crypto brokers are going to be spilling the beans on your trades. They’ll be sending the IRS all your juicy details on Form 1099-DA, including how much you made from selling your digital assets. And get this: in 2027, they’ll be ratting out your cost basis as well. Yeah, Uncle Sam wants to know exactly what…
Founded in 2019 by CEO Payman Samadi, Eino.ai is pioneering the application of artificial intelligence (AI) to automate and optimize network planning. Its cutting-edge platform integrates digital twins, AI-assisted design and validation capabilities to revolutionize how networks are designed and deployed. The journey begins with constructing accurate digital twins of the environment. As Samadi explained during a Silicon Valley presentation: “We start with an area. If it’s indoor, we have some layouts, we have walls. If it’s outdoor, we have our buildings, obstructions, trees, and everything and this the starting point.” But creating digital twins is just the first step.…
Shiba Inu (SHIB) is at risk of significant selling pressure thanks to the bankrupt crypto firm Genesis Trading. This comes amid a spike in large transactions for the meme coin, which is undoubtedly a bullish development. How Shiba Inu Could Face Significant Selling Pressure Data from the on-chain analytics platform Arkham Intelligence shows that Genesis Trading owns 21.9 billion Shiba Inu tokens. This means the meme coin could face significant selling pressure as the bankrupt crypto firm looks to repay its creditors. Genesis has already finalized its restructuring plan and has begun making repayments. On-chain data shows that Genesis has…
The cryptocurrency market is a dynamic and often unpredictable trading environment, with new projects emerging every day. Amidst this competitive landscape, Bonumbit is positioning itself as a standout player, poised to thrive and make a significant impact. With its innovative approach to integrating blockchain technology with e-commerce, strategic partnerships, and upcoming exchange listings, BBT is attracting attention from investors and industry experts alike. Here’s how Bonumbit is set to succeed in the current crypto market. Innovative E-Commerce Integration One of the key reasons Bonumbit is gaining traction is its focus on revolutionizing the e-commerce industry through blockchain technology. While many…