Crypto analyst Michaël van de Poppe predicted that major changes in Ethereum (ETH) will prevent the SEC from granting consent to applications for a spot Ethereum exchange-traded fund (ETF). He duly informs his 717,600 followers that, in his opinion, this isn’t going to happen anytime soon. The U.S. Securities and Exchange Commission (SEC) is expected to approve or disapprove applications related to the ETH ETF submitted by large companies such as Hashdex and Ark 21Shares. Van de Poppe believes that the SEC’s ruling on this matter will have a significant impact on the market capitalization of altcoins. Incidentally, the trading…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage meme coin We are seeing adoption increase as investors begin to see the potential. Tesla currently accepts Dogecoin as a means of purchase, and we will likely see further adoption in the future. Additionally, as digital assets in general continue to gain traction, the cryptocurrency space is seeing an influx of new investors. Likewise, new meme tokens and presales are entering the cryptocurrency market. While some tokens offer potential market upside, choosing the best asset to add to your portfolio can be challenging. To alleviate these…
Ethereum’s groundbreaking Q1 2024The first quarter of 2024 was a very important time for Ethereum, with major developments changing the way Ethereum operates. The Dencun upgrade improved Ethereum’s scalability and lowered transaction costs. Meanwhile, the price of Ethereum hit $4,000, a level not seen in two years. Ethereum staking also increased significantly during this period. In this article, we will examine these changes and discuss their broader impact on the Ethereum network.Staking OverviewIn Ethereum’s Proof of Stake (PoS) mechanism, staking involves locking up ETH tokens to support the operation and security of the blockchain. Validators…
On-chain Bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. Deputy Prime Minister Wu expects to see central bank corruption being wiped out during this period, which he describes as “a time to be alive.” However, one of Woo’s followers believes that a central bank digital currency (CBDC), not Bitcoin, is (…)
AI and LLM Transforming Cybersecurity Generative AI and Large Language Models (LLMs) have the potential to bring significant change to the field of cybersecurity. This was the focus of a recent discussion between a16z general partner Zane Lackey and a16z partners Joel de la Garza and Derrick Harris on the AI + a16z podcast. They explained why the AI hype is legitimate in this context, as it can help security teams cut through the noise and automate tasks that often lead to mistakes. Lackey noted that many security teams are excited about the potential that…
Over the past few weeks, Liminal has seen a series of positive regulatory outcomes in Asia Pacific (APAC) and the Middle East and North Africa (MENA). Late last month, Dubai entity First Answer Custody FZE received initial approval from the Emirates Virtual Asset Regulatory Authority (VARA). First Answer India Technologies, Liminal’s India subsidy, is also registered as a reporting entity.
Bitcoin (BTC) begins the new week cautiously holding on to support at $60,000, with sentiment hovering between bullish and bearish.BTC price action is sticking to a narrow trading range. What can cause such a dramatic change in speed?This week is better than ever for volatility in the cryptocurrency market. The combination of US macro data and comments from Federal Reserve Chairman Jerome Powell could be an explosive mix for risk assets.Even at this established range, there are many risks to Bitcoin bullishness. The market is already signaling a deeper correction and traders are already indicating which level could come next.It…
The price of WLD has fallen more than 5% in the last 24 hours. Most technical indicators hinted at a future price rise. World Coin (WLD) A price correction has been witnessed in the past few hours, pushing the token towards support levels. But there is more to the story, and the price decline may not last as WLD is retesting its bullish pattern. Worldcoin turns bearish. Last week was not the most profitable for investors, as the token price fell by more than 4%. The situation worsened with the token’s value plummeting by more than 5.5% in the last…
North Korean hackers are targeting South Korean cryptocurrency companies and distributing ‘Durian’ malware. The resurgence of dormant hackers like Careto highlights the evolving cybersecurity landscape. Hacktivist groups like SiegedSec expand their offensive operations amid global social and political events. The first quarter of 2024 has proven to be particularly eventful, with notable results and trends emerging on the front lines of cybersecurity. From the deployment of sophisticated malware variants to the resurgence of long-dormant threat actors, the cyber threat landscape continues to change and presents new challenges to security professionals around the world. A recent report from Kaspersky’s Global Research…
Dogecoin extended losses and traded below the $0.1420 support zone against the US dollar. DOGE is currently recovering but faces a major hurdle at $0.1450. DOGE price tested the $0.1360 support and began a recovery. The price is trading below the $0.1450 level and the 100 simple moving average (4-hours). On the 4-hours chart of the DOGE/USD pair, there is a major bearish trendline forming at the resistance $0.1430 (data source from Kraken). The price should stabilize above $0.1450 to move into positive territory and start a new surge. Dogecoin Price Expands Losses After closing below $0.150, Dogecoin price extended…