Share this article In contrast to the enthusiasm prior to the approval of the spot Bitcoin ETF, reports over the past few weeks suggest that optimistic expectations about the approval of an Ethereum product have cooled. Katherine Dowling, general counsel for ETF applicant Bitwise, told Bloomberg this week that she expects it to be rejected next week due to the lack of public activity typically seen before approval.“Most people expect a universal order of disapproval,” Dowling said. “You won’t be able to see the types of public activity you would see if you had permission.”In a CNBC interview, VanEck CEO…
Author: Crypto Flexs
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Hello, this is Yuta! As some of you may have read in my previous post, I’ve been busy recently preparing for a security audit ahead of the release of the Ethereum genesis block. Ethereum will be launched after a world-class review by experts in IT security, cryptography, and blockchain technology. Prior to launch, we will also complete our bug bounty program, a key cornerstone of our approach to achieving security. The bug bounty program relies on the Ethereum community and all other motivated bug bounty hunters. Gustav will soon reveal the final details of the program currently in development. First…
ETH may be nearing bottom after failing to surge in transaction volume. Prices may fall, but traders are confident of a quick recovery. On May 19, AMBCrypto observed that the average transaction size for Ethereum (ETH) had fallen to $2,767. This is a 54.13% decrease from the metric when the month began. The average transaction size at the time was $5,893, according to data from IntoTheBlock. For beginners, average trade size determines the average trade value in dollars for an asset on a particular day. Historically, spikes in this metric signal high user activity, especially from large investors and institutions.…
PEPE has recently grabbed the headlines, New All-Time High (ATH) this week. Meme coins also received attention. crypto whale A person who has recently accumulated cryptocurrency tokens. Whales accumulating meme coins would suggest that now may be a good time to buy PEPE, but it may not be. Crypto Whale Purchases 720 Billion PEPE Tokens On-chain analysis platform Lookonchain Recently, a whale purchased $520 billion worth of PEPE, which caught the attention of the cryptocurrency community. Cryptocurrency exchange Binance. However, these moves may have been motivated by FOMO (Fear of Missing Out), as Lookonchain points out that this trader has…
Despite the recent surge in activity from large investors called “whales,” the price of Toncoin (TON) appears to be headed for a steeper trend. This comes as analysts have raised concerns about weakening technical indicators for the cryptocurrency and a possible breach of key support levels. Related Reading advertising Whales are all the rage, but can they save the day? In a recent report, Joao Wedson, a cryptocurrency analyst at CryptoQuant, observed a significant surge in whale activity on the Toncoin network. In the past few weeks, transactions exceeding 100,000 tonnes (equivalent to approximately $645,000 at current prices) have exceeded…
Despite the recent surge in activity from large investors called “whales,” the price of Toncoin (TON) appears to be headed for a steeper trend. This comes as analysts have raised concerns about weakening technical indicators for the cryptocurrency and a possible breach of key support levels. Related Reading Whales are all the rage, but can they save the day? In a recent report, Joao Wedson, a cryptocurrency analyst at CryptoQuant, observed a significant surge in whale activity on the Toncoin network. In the past few weeks, transactions exceeding 100,000 tonnes (equivalent to approximately $645,000 at current prices) have exceeded $1…
MetaLend introduces cross-chain cryptocurrency trading to Ronin Network – Chainwire housenewsroomMetaLend introduces cross-chain cryptocurrency trading to Ronin Network We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with 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 purpose of storing preferences that…
Jan Leike, former head of OpenAI’s alignment and “superalignment” initiative, took to Twitter (aka X) on Friday to explain why he was leaving the AI developer on Tuesday. In a tweet thread, Leike pointed to a lack of resources and a focus on safety as reasons for his decision to resign from the ChatGPT manufacturer.OpenAI’s Alignment or Superalignment team is responsible for safety and creating more human-centric AI models.Leike’s departure marks the third high-profile departure from the OpenAI team since February. On Tuesday, OpenAI co-founder and former chief scientist Ilya Sutskever also announced he was leaving the company.“Quitting this job…
Pre-launch token trading is a growing trend among cryptocurrency investors, despite the price volatility being up to 20 times higher than post-launch token trading.Prior to the token creation event (TGE), cryptocurrencies such as the Wormhole (W) token had a volatility of over 3,000% compared to approximately 100% a week after the coin’s launch, as measured by historical volatility based on 7-day standard deviation returns. Based on Volume Weighted Average Price (VWAP). Likewise, according to a Keyrock report shared with Cointelegraph, the volatility of the Jupiter (JUP) token increased by around 2,800% before launch and fell to around 150% a week…
XRP whales that participated in large purchases last week were able to capitalize on a new era of financial opportunities with RCO Finance (RCOF). These investors believe that RCO Finance (RCOF) could be the solution to avoid losses during market declines. RCO Finance (RCOF) is an AI cryptocurrency trading platform that allows users to exchange cryptocurrency assets for real options such as stocks, bonds, commodities, and more. XRP recorded marginal gains in the market as investors took a break. XRP whales have recently shown incredible confidence in the token. 110 million XRP Its value is $55 million. This show of…