Matthew Sigel, head of digital asset research at VanEck, said: May 22nd The company should be able to launch a spot Ethereum ETF before its competitors. In a conversation hosted by The Block, Sigel said VanEck was the first to file an S-1 registration statement and was “fully expecting” to receive comments and “go first.” SEC Shouldn’t Pick Winners “Before the U.S. government began picking winners on an unprecedented scale, it made sense to submit first,” Sigel argued. He added: “…We urge the SEC to respect the queue.” Sigel said the SEC’s decision to approve all spot Bitcoin ETFs simultaneously…
Author: Crypto Flexs
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Bitcoin (BTC) price struggled to hold above $70,000 on May 22 as Glassnode analysts suggested the pioneering cryptocurrency was preparing for a “bigger move” towards the upside. BTC/USD daily chart. source: TradingViewEasing sell-side pressure to ease distribution and lower Bitcoin pricesData from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin is steadily rising after a prolonged decline from all-time highs. During this decline, the BTC market experienced extreme distribution pressure, causing the price to fall to $56,500 on May 1, the lowest since March 5. A recent report from Glassnode attributed Bitcoin’s recent recovery to $71,000 to…
Bitcoin (BTC) surged on May 20th, but the price still remains within a range. Typically, traders sell when the price approaches overhead resistance, but inflows into spot Bitcoin exchange-traded funds show that buying is continuing. A total of $500 million flowed into spot Bitcoin ETFs on May 20th and 21st, according to data from Farside Investor. However, some analysts are concerned about Bitcoin’s near-term price movements. John Bollinger, founder of Bollinger Bands, told X followers that Bitcoin’s formation suggests a near-term consolidation or decline. Likewise, trading resource Material Indicators warned that one of its trading tools was signaling a “clear”…
Bitcoin price began a downward correction below the $70,000 level. BTC is currently testing the $68,800 support and may attempt a fresh hike. Bitcoin extended its decline below the $70,000 support zone. The price is trading above $68,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), there is a bearish trendline connecting with resistance at $70,000. Unless the pair closes below $68,800, another increase could begin. Bitcoin price revisit support Bitcoin price began a downward correction after struggling above the $71,500 level. A new weekly high was set at $71,896…
People • May 22, 2024 10:10 PM EDT Posted 1 minute ago In ~ Montenegrin authorities recently met with representatives of the U.S. Securities and Exchange Commission to discuss the investigation of former Terraform Labs CEO Kwon Do-do and broader issues related to protecting cryptocurrency investors, the Montenegrin Ministry of Justice said Wednesday.Ministry of Education said name The SEC announced that it had submitted the results of its investigation into Mr. Kwon to Attorney General Andrej Milovich, along with the U.S. court proceedings against Mr. Kwon.Although the details discussed regarding Mr. Kwon were not disclosed in this disclosure, it may…
Questions about Cryptocurrency or project other than Bitcoinand Does not apply to Bitcoin, off topic. See this meta discussion for more details. Questions about Cryptocurrency or project other than Bitcoinand Does not apply to Bitcoin, off topic. See this meta discussion for more details. hello. I’m using the bitcoinjs-lib package to generate wallet addresses and private keys locally, but it seems to be generating legacy type Litecoin addresses. My goal is to create a segwit type with the following prefix: tltc Here is my code: const bitcoin = require(‘bitcoinjs-lib’); function generateLtcAddress() const litecoinTestnet = messagePrefix: ‘\x19Litecoin Signed Message:\n’, bip32: public:…
Multipool Launches LBP at Fjord Foundry, Raising $200,000 in 24 Hours – Chainwire housenewsroomMultipool launches LBP at Fjord Foundry, raises $200,000 in 24 hours We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate…
Last week, Ethereum clients, testing, and research teams from around the world came together for a week of intensive work on the Pectra network upgrade, PeerDAS, and Verge. Similar to previous events Edelweiss 🏔️ or Amphora 🏺The focus of star ✨ interop has achieved multi-client interoperability across different technology tracks. In addition to this, Nyota held its first public event. frontier africakey developers and researchers spent the day meeting and interacting with builders from across the region. frontier africa Inspired by: impactful travel that Africa without borders Organized in Africa last year, the continent has quickly become a top contender…
Phantom acquires Bitski to enhance Web3 capabilities. Integrations simplify the user onboarding process. This acquisition could increase Solana’s adoption. User experience has long been one of the focuses of cryptocurrency innovation in a field often considered difficult to enter. To make this experience as seamless as possible, Solana-powered Phantom Wallet has acquired Bitski, a Web3 browser extension. The goal of this acquisition is to simplify the onboarding process for users and developers, making it easier to interact with decentralized applications (dApps) on the Solana blockchain.Why Phantom acquired BitskyOn Thursday, May 21, Phantom, the leader in Solana cryptocurrency wallets, announced the…
Cryptocurrency analyst We have predicted the next price target for XRP price.It noted that altcoins are nearing a key point that could potentially trigger a massive rally for the cryptocurrency. XRP price roadmap to $20 In a May 20 X (formerly Twitter) post, cryptocurrency analyst Javon Marks said: predicted bear bullish breakout XRP price in this market cycle. Marks explained that XRP is steadily approaching a critical convergence point. Relative Strength Index (RSI) This pattern indicates strong underlying momentum in the cryptocurrency. Related Reading RSI is a technical tool used to measure the speed and changes in price movements of…