Ethereum is the best performer among the top 10 most valuable coins. As of press time, ETH has posted an impressive 30% gain and is steadily rising above $3,700 as bulls break through immediate resistance levels. The trigger is that the U.S. Securities and Exchange Commission (SEC) is likely to approve the first Ethereum exchange-traded fund (ETF) this week or in the coming days. The reasons why the US SEC would approve a spot Ethereum ETF would be enormous. But while expectations are high and traders are hoping for further gains above $4,100 and all-time highs, the potential approval of…
Author: Crypto Flexs
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Worldcoin’s Commitment to Privacy, Security and User Control According to Worldcoin’s latest update, the company has taken a series of demonstrable steps in 2024 to increase transparency, strengthen privacy and security, and improve user choice and control at all levels of the project. This move is part of our commitment to build the world’s largest human network to increase online trust and access to the global economy. Unlike many online networks and services used today, Worldcoin does not seek to know, share, or profit from any individual’s identity or personal information. The company’s core premise…
The price of Cardano (ADA) fell 7.25% to $0.474 on May 22, two days after cryptocurrency analyst Justin Bons criticized the blockchain project for being extremely centralized. ADA/USD daily price chart. Source: TradingViewBons claimed in 2015 that Cardano’s parent company, Input Output Global (IOG), controls five of the blockchain’s seven “genesis keys,” which are cryptographic keys used to sign and establish initial blocks on the Cardano blockchain.“Genesis keys allow code changes to be pushed seamlessly without a hard fork,” the analyst added. “This means IOG can stop the chain, change emissions schedules, censor, and much more. This is an unprecedented…
As the House of Representatives prepares for a pivotal vote on HR 4763, commonly known as the FIT21 bill, prominent figures including U.S. President Joe Biden and SEC Chairman Gary Gensler have voiced significant opposition. The bill, which aims to reshape the regulatory environment for cryptocurrencies, has sparked heated debate among policymakers and industry leaders.source: White HouseBiden, Gensler Criticize Proposed BillAhead of the House vote scheduled for May 22, both President Biden and Chairman Gensler expressed concerns about the FIT21 bill. According to a statement released by the White House, the Biden administration opposed passage of HR 4763 due to…
Popular self-custodial hot wallet to be added bitcoin BTC +0.022% The support team reported this to CoinDesk, citing people familiar with the matter. The wallet provider hopes to roll out Bitcoin support within the next month, but these plans may change. Bitcoin features can start small and grow over time, CoinDesk added. MetaMask has already expanded beyond the Ethereum ecosystem to include Snaps, but this move will add one of the most popular blockchains to the most popular digital wallet platform. MetaMask mainly supports networks compatible with Ethereum, Ethereum Layer 2, and the Ethereum Virtual Machine (EVM), such as Avalanche,…
that much long legal battle Between Securities and Exchange Commission (SEC) Ripple is one step closer to completion with the committee’s latest submission. The court is expected to issue a ruling soon as both parties have submitted all necessary documents. What are the latest filings with the SEC? The committee letter Opposes Ripple’s motion to seal certain documents related to the resolution phase. To meet previous reportThe SEC noted that it does not object to Ripple’s request in its entirety. In response to the opposing redactions, the committee argued that the cryptocurrency company failed to “overcome the strong presumption that…
Disclosure: This article does not represent investment advice. The content and materials contained on this page are for educational purposes only. WienerAI, a memecoin that combines AI and cryptocurrency, generates optimistic price predictions from renowned cryptocurrency traders. It is no secret that the memecoin and AI sectors are booming, which offers great potential for the new WienerAI presale. Combining the virality of memecoins and the utility of AI, WienerAI is one of the trending prospects in cryptocurrency. The project is currently in the pre-sale phase and its total fundraising recently surpassed $2.5 million, reflecting increasingly high expectations among investors. New…
Data shows that Binance users reacted aggressively to the news of the Ethereum exchange-traded fund (ETF) by clamoring for the cryptocurrency. Binance’s Ethereum net taker volume hits record high. As CryptoQuant Community Manager Maartunn explained in his post Here, “net taker volume” refers to an indicator that tracks the difference between ETH taker buy volume and taker sell volume on a specific centralized exchange. Related Reading A positive value for this indicator means that taker buying or long volume is currently outpacing taker selling or short volume on the platform. This trend suggests that bullish sentiment prevails among investors. On…
Arkham Intelligence partners with Ninja TradersArkham Intelligence, a leading provider of on-chain data, tools and analytics, announced a strategic partnership with Ninja Traders, Turkey’s leading cryptocurrency trading group. As recently announced on the company’s official website, the partnership aims to provide Ninja Traders’ elite community of traders with access to Arkham’s high-quality cryptocurrency data in real-time.Ninja Traders: An active cryptocurrency trading communityNinja Traders has built a vibrant cryptocurrency trading community beyond Turkey. The trade group provides users with an ecosystem of news, tools and educational products. This includes several channels such as the trading terminal…
Dogecoin hovered above $0.15 on the neutral Relative Strength Index (RSI). DOGE surpassed $2 million in long-term liquidation, highlighting its high correlation with Bitcoin. DOGE’s $0.30 target would bring the OG meme coin back to 2021 levels. Dogecoin (DOGE) is potentially charting its roadmap to $0.30, a price milestone not seen since September 5, 2021. With DOGE successfully shaking off selling pressure and rising 5% over the past seven years, several prominent cryptocurrency analysts have listed $0.30 as their next target. It will take a few days to reboot above $0.15. Please wait patiently $DOGE fresh candle The odds of…