In the last 24 hours, Ethereum (ETH), the second largest cryptocurrency by market capitalization, has experienced a significant 5% rise. price drop. The drop comes amid growing speculation that the highly anticipated Ethereum ETF will likely be rejected by the U.S. Securities and Exchange Commission (SEC) at its upcoming deadline in May. U.S. Bitcoin ETF issuers brace for expected rejection by SEC Depending on the According to a recent Reuters report, various US Bitcoin ETF issuers and companies expect the SEC to reject their applications to launch ETFs linked to the price of ETH. Those expectations have been bolstered by…
Author: Crypto Flexs
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Policy • April 25, 2024, 2:46 PM EDT Posted 1 minute ago In ~ The Federal Bureau of Investigation (FBI) has warned Americans against using unregistered cryptocurrency transfer services.Americans should avoid cryptocurrency services from companies that are not registered as money service businesses (MSBs) under federal law and do not follow anti-money laundering regulations, according to a statement released Thursday by the FBI’s Internet Crime Complaint Center (IC3). They say it shouldn’t be done.“Taking a few simple steps can help prevent unintended use of non-compliant services,” the FBI wrote in a release. “For example, avoid cryptocurrency transfer services that do…
join us telegram A channel to stay up to date on breaking news coverage BlockDrop Coin ($BDROP) is designed to democratize Bitcoin mining by leveraging blockchain technology and tokenization. Originating in Turkey, Vatra INU ($VATR) is a community-driven token that advocates the principles of decentralization and collective ownership. Lastly, Verum Coin ($VERUM) prioritizes the security and efficiency of international transactions. From attracting investors interested in passive income through cryptocurrency mining to Meme coins that are generally riding the wave of community hype, to niche applications for messengers focused on privacy; new coins It demonstrates the innovative and speculative nature of…
There have always been bugs in IBC, but developments in the protocol codebase have only recently made them exploitable, Asymmetric Research said.
Cryptocurrency enthusiasts can now participate in the BounceBit (BB) Megadrop, an event hosted by Binance, one of the leading cryptocurrency exchanges. This unique opportunity allows users to participate in the Megadrop by subscribing to BNB locked products or completing Web3 quests. Participants can participate in the BounceBit Megadrop from 00:00:00 UTC on April 26, 2024 until 23:59:59 UTC on May 12, 2024. By locking BNB in a BNB locked product, users increase their chances of winning attractive rewards. Regular snapshots of subscription amounts are taken, and locked BNB scores are calculated based on these snapshots.…
join us telegram A channel to stay up to date on breaking news coverage In the Bitcoin world, a select few hold significant influence and accumulate a significant portion of the cryptocurrency within their digital vaults. As institutional interest grows, the once-shrouded identities of these prominent holders are increasingly being revealed. Consider the examples of MicroStrategy and Tesla, which boldly debut billion-dollar Bitcoin investments. Their actions provide a rare glimpse into the traditionally secretive world of blockchain ownership. However, amid this rise in transparency, a mysterious figure named Wallet emerges, who set out to acquire Bitcoin in May 2023. With…
The BlackRock-managed iShares Bitcoin Trust (IBIT) has achieved a significant milestone, reaching zero inflows for the first time since the launch of the Bitcoin exchange-traded fund (ETF) in the United States. After a 71-day period in which the exchange-traded fund (ETF) regularly received significant investments each day, this marks the end of this trend. Bitcoin exchange-traded fund (ETF) inflows are slowing. Other Bitcoin exchange-traded funds (ETFs) also saw a decline in investor interest at the same time as the halt in inflows associated with IBIT. Both Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares…
Layer 1 blockchains are the underlying networks that support a variety of applications directly from the protocol, while Layer 2 blockchains operate on top of these underlying layers to improve scalability and efficiency. Comparing the usage and efficiency of EVM-compatible L1 and L2 blockchains and sidechains can help us better understand market value and where most DeFi activity is occurring.According to Dune Analytics data analyzed by CryptoSlate, Polygon, a layer 2 sidechain, was the leader in the DeFi ecosystem, followed by BNB Chain, an EVM-compatible layer 1 blockchain.One of the most important metrics when analyzing L1 and L2 is daily…
Solana attempted to recover above the $140 level. SOL price is currently struggling to clear the $160 and $170 resistance levels. SOL price recovered higher and tested $160 resistance against the US dollar. The price is currently trading below $160 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, there is a major bullish trendline forming around support at $146 (data source from Kraken). If it stays below $160-$170 for a long time, the pair could start another decline. Solana Price Faces Resistance Solana price started to decline significantly below the $170 and $160…
The price of SOL fell today due to unresolved network outage issues on the Solana blockchain and a disappointing US economic report.