According to sources, the SEC has asked applicants for a spot Ethereum ETF to update their 19-b4 filings, which has increased optimism about potential approval. Bloomberg ETF analyst Eric Balchunas said May 20 that the SEC could reverse its expected stance and choose not to reject pending applications. He cited ETF Store President Nate Geraci, who argued that the SEC could approve the 19-b4 exchange listing rule while delaying a decision on the S-1 registration statement. James Seyffart added that he and Balchunas have heard from several sources and that some new filings are expected to come out in the…
Author: Crypto Flexs
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BitMEX Lists LayerZero’s ZRO Token with 2x LeverageBitMEX, a prominent cryptocurrency exchange, has listed LayerZero’s upcoming token, ZRO, for trading. According to an announcement on the BitMEX blog on May 21, 2024, this new addition to the platform can now be used with up to 2x leverage.Trading of ZRO tokens according to the ZROUSDTZ24 listing officially began on May 21, 2024 at 04:00 UTC. Traders and investors interested in learning more about this new offering can view the full specifications of this futures listing on BitMEX’s official platform.LayerZero’s ZRO tokenLayerZero is a fast-growing name in…
A cryptocurrency strategist says he is bullish on one Ethereum (ETH) rival, which has surged 43% in the past week. Alien trader Altcoin Sherpa told his 216,300 followers on social media platform X that Fantom (FTM) could see more upside in the coming months. “I think FTM will be around $1 before the pullback occurs and will go much higher in the next six months. There’s an interesting upgrade/pivot coming here, and I’m in the bag. “It looks strong in the short term,” he said. Source: Altcoin Sherpa/X As of this writing, FTM is worth $0.856. Looking at the underlying…
As expectations for the ETH ETF rise, the price of Ethereum rises by more than 20%. ETH has overcome many obstacles and even broke the $3,500 resistance zone. Ethereum started a new surge and cleared the $3,500 resistance area. The price is trading above $3,600 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term ascending channel with support at $3,640. Unless the price closes below the $3,400 support, the pair may continue to rise. Ethereum price begins a new uptrend Ethereum price formed a base and rebounded above the $3,200 resistance…
Binance’s new security measures aim to protect users from spoofed addresses.Binance, the world’s largest cryptocurrency exchange, has introduced a groundbreaking solution to combat the growing threat of address poisoning fraud. The scheme follows a major exploit that saw traders lose $68 million to such scams. A new algorithm developed by the Binance security team successfully identified millions of spoofed addresses on the BNB Smart Chain and Ethereum.How the Algorithm WorksSophisticated algorithms work by detecting and flagging potentially tainted addresses before the user initiates a transaction. It specifically looks for suspicious transfers involving minimal value or unrecognized tokens linked to legitimate…
Celebrate this year by ordering pizza with Bitcoin! Learn the story behind the customary Pizza Day and how to buy the perfect pizza pie with Bitcoin.🍕When is Bitcoin Pizza Day?Bitcoin Pizza Day this year falls on Wednesday, May 22, 2024.Who first bought pizza with Bitcoin?Laszlo Hanyecz, a programmer and early Bitcoin miner, bought a pizza for 10,000 BTC.690 million dollars.The value of 10,000 BTC is at an all-time high.What is Bitcoin Pizza Day?Bitcoin Pizza Day commemorates the day on May 22, 2010, when early Bitcoin enthusiasts used Bitcoin to purchase pizza. The person who bought the pizza with Bitcoin was…
Funding • May 21, 2024 12:58 AM EDT Posted 1 minute ago In ~ The U.S. spot Bitcoin exchange-traded fund (ETF) reported another day of total net inflows on Monday, reaching $241.12 million. This was the sixth straight day of inflows and the longest positive streak the fund has seen since mid-March. Ark Invest and 21Shares’ spot Bitcoin ETFs added $68 million worth of funds, followed by BlackRock’s IBIT, which saw net inflows of $66 million. data From SoSoValue. Fidelity’s FBTC saw net inflows of $64 million, while Bitwise’s spot ETFs saw inflows of $28 million. Grayscale’s GBTC, which had…
Bitcoin (BTC) surged to $70,000 on Monday, marking the first time it has risen to that level in over a month. As of this writing, the price of Bitcoin has risen 5.8% in the last 24 hours and more than 10% in the past week. This increase comes ahead of the vote on the 21st Century (FIT21) bill and a surge in spot purchases and physical BTC exchange-traded fund (ETF) purchases. This activity has raised questions in the cryptocurrency community as to whether the bull market is just beginning or is reaching its peak. BTC faces significant resistance in the…
Yesterday was the first day of ÐΞVhub Berlin, following the first Ethereum internal developer symposium ÐΞVcon-0. I’d like to post a few images here so you can get a sense of the vibe. Henning, Marek, Viktor and Felix are hacking away on the couch. Aeron and Brian in discussion Alex and Jutta meeting about network and security The rest of the team is hacking in the lab.
BitTorrent reports on weekly development and user statisticsBitTorrent Inc., a leading consumer software company headquartered in San Francisco, shared its weekly report, revealing key developments and statistics. Founded in 2004, the company uses leading P2P sharing technology standards and operates the world’s largest decentralized P2P network, accounting for 22% of upstream traffic and 3% of downstream traffic globally, according to a Medium report. .The company’s flagship desktop and mobile products, BitTorrent and µTorrent, allow users to send large files over the Internet. This technology connects users with legitimate third-party content providers. According to the report,…