Salim Ramji has been appointed as Vanguard’s new CEO, sparking discussion about the company’s cryptocurrency policy based on his previous Bitcoin ETF experience at BlackRock. The post Vanguard plans to name former BlackRock ETF head as next CEO: WSJ appeared first on Crypto Briefing.
Author: Crypto Flexs
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Binance Futures Trading Ends Support for XRP and TUSDIn a recent announcement, Binance Futures, part of the Binance exchange, declared that it would discontinue support for two cryptocurrencies, XRP and TUSD, as margin assets in multi-asset mode. This change will take effect from 06:00 on May 28, 2024 (UTC).XRP and TUSD transfer limits in multi-asset mode have already been updated to 0 from 06:00 (UTC) on May 14, 2024.Balance conversionAny XRP and TUSD balances remaining in your USDⓈ-M futures wallet after the aforementioned time and date will automatically be converted to USDT within approximately 24…
As of early May, more than $107 million had been linked to Solana across multiple blockchains. The figure shows the scope of cross-chain transfers. Cross-chain transfers facilitated by Wormhole and deBridge Finance. Known for its high throughput capabilities, Solana has recently become a center of significant financial activity. In the first two weeks of May, more than $107 million was moved to Solana from various chains, including Ethereum. This movement is made possible through connectivity technologies such as Wormhole and deBridge Finance, which play a pivotal role in facilitating these transfers. However, the picture shows only one part of the…
Bitcoin was the first digital currency to achieve a transfer of value without the intervention of a central authority, which would otherwise have resulted in twice the cost. Bitcoin’s much-coveted blockchain technology, which underlies its transaction mechanism, makes this a possible phenomenon. These prominent Bitcoins could potentially disrupt the financial system and revolutionize global markets and regulatory issues. As the gig economy permeates the Bitcoin landscape, the question has been raised: “Can Bitcoin transform the future of work in the gig economy?” Surfaces with great expectations. Take a closer look at this article and you will get the answer to…
Bitcoin continues to see sideways price action as bears sell off the rally while bulls defend the psychological support of $60,000. A sideways move near a high is generally a positive sign because it shows that bulls are in no rush for an exit. However, if the price falls below the support line, it indicates a range distribution, so confirmation will only occur after the price breaks the resistance line. Due to uncertainty about the next direction of movement, spot Bitcoin exchange-traded funds are showing a muted response. Market research firm Santiment told X: post That fear and indecision has…
Edmond de Rothschild Holding SA, a private banking and asset management company linked to France’s prominent Rothschild banking family, holds stakes in Grayscale’s GBTC and Blackrock’s IBIT, according to a recent earnings report. Edmond de Rothschild Holding’s 13F filing reveals investments in Grayscale and Blackrock Bitcoin ETFs. For many years (…)
Bitcoin (BTC) fell 3.3% on May 14 to retest the $61,000 support level, but was quickly defended. More importantly, this correction marked the second failed attempt to break $63,500 in a week. Despite sub-optimal price action, Bitcoin bulls remain confident, as evidenced by BTC derivatives indicators.Although the current Bitcoin price trend appears bearish, some analysts still believe there is a good chance of a price resurgence above $70,000.source: CryptotoadTrader and analyst Cryptotoad was impressed by how long the $60,500 support level held. However, he argues that a higher high (likely a daily close above $67,000) is needed to break the…
Lingo launches largest SocialFi campaign ever with multi-million token reward pool – Chainwire housenewsroomLingo launches its largest SocialFi campaign ever with a multi-million token rewards pool. We use cookies to make Chainwire’s website a better experience. 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…
Community & educationBITS Pilani Ethereum Ecosystem Advancement InitiativeSupport for Ethereum educational development at the Birla Institute of Technology & Science (BITS) Pilani in India through coursework, practical projects, and community engagement.Community & educationBlockchain Fundamentals Course & Solidity BootcampXerxisEthereum educational content for the local Ethiopian developer community in Amharic.Community & educationDeveloper CoursesEthereum BogotáProduction and organization of advanced in-person Solidity development courses over a seven month period.Community & educationCommunity Building MeetupsEspacio CriptoSeries of six in-person community-building meetups for communities in Mexico City to explore and be educated about Ethereum content.Community & educationETHBostonConference and hackathon in Boston, USA, centered around topics related to…
A 7-day moving average of active addresses was noted a few weeks ago for the first time since March 2020. Bitcoin BTC -2.24% The network fell below 700,000 as expectations for Rune caused fees to skyrocket after the halving. This was not unexpected. High fees can price out users and discourage them from interacting with the blockchain.When fees become unsustainably high, as in Runes, users unwilling to pay the fees will back off. Eventually, the hype will die down and fees will stabilize again, allowing users to come back and transact at more consistent prices.But that doesn’t seem to be…