Previously bullish Standard Chartered Bank has now changed its stance on a spot Ethereum exchange-traded fund, saying the U.S. Securities and Exchange Commission is unlikely to approve such a fund in May.“We had expected the SEC to approve the ETH ETF on May 23,” Jeffrey Kendrick, head of foreign exchange and digital assets research at Standard Chartered Bank, said in a report Tuesday.“This is based on the view that the ETH approval process will follow a similar trajectory to the BTC ETF approval (which the SEC approved in January), but so far no such conversations have occurred, or at least…
Author: Crypto Flexs
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BONK is up 52% at press time since its April 19 low. The rebound may have been driven almost entirely by the futures market. BONK showed an upward trend on lower time frames and its momentum was strong once again. A recent AMBCrypto report highlighted how the social sentiment behind memecoin has improved. Trading volume also surged in the aftermath of the Bitcoin (BTC) halving. While this seemed like a positive development, there were still problematic elements that traders and investors should be wary of. BONK’s internal structure maintained a bearish bias. Source: BONK/USDT on TradingView Higher term structures have…
In the United States, the NCAA men’s and women’s basketball tournaments are called March Madness. However, this year’s March Madness was held on BitStarz’s reels rather than in U.S. courts. If you’ve spent any time looking at BitStarz’s big win ticker over the past couple of months, you’ve probably seen one name pop up over and over again. In March alone, this player (let’s call him Mr. Committed) had a total of 29 big wins, totaling $3,657,506.16. It’s a huge amount that leaves many players wondering how this one player got so lucky. Here’s the scoop. It starts with one…
Binance users will have the opportunity to secure allocations for EZ, the native token of Renzo, a liquid staking protocol. According to the announcement, Binance Launchpool will list Renzo (EZ) as its 53rd project on April 30. The maximum supply is set at 10 billion tokens, and the platform will deploy 1.05 billion EZ Coins as an initial supply. Last February, Binance, the largest centralized exchange for cryptocurrencies, previously invested in Renzo Protocol. However, the amount invested in the project was not disclosed. The investment was made through Binance Labs, the exchange’s venture capital arm, which now operates as a…
Over the past five days, myself, our Executive Director Ming Chan, and several people from the Ethereum team and Ethereum-based projects and businesses, including: maker, String/Dfinity and Consensis visited China and Hong Kong, where there was a series of back-to-back conferences and events, most notable of which were: Blockchain Workshop “October 11-13 in Hong Kong”First Global Blockchain Summit” Hosted by our friends in Shanghai wanxiang On October 15-16, we will simultaneously continue to carry out our usual duties such as research, development, DEVcon planning and management issues. Both conferences have proven to be very positive signs for the growth of…
The cryptocurrency market is buzzing with anticipation as two notable pre-sales, Fezoo and MEDA, are gaining investor attention. In this competitive situation, BlockDAG We differentiate ourselves with a powerful combination of groundbreaking technology and a well-crafted strategic roadmap. Positioned as the best cryptocurrency presale of 2024, BlockDAG’s recent performance highlights its growing influence, with over $19.8 million collected and an imminent price rise to $0.006 in the upcoming 10th batch. Fezoo: A Decentralized Transaction Innovation Fezoo is making waves in the decentralized finance (DeFi) space with the goal of changing the trading environment. We seek to challenge the dominance of…
As the cryptocurrency market rose once again, XRP experienced positive headwinds, which triggered an improvement in sentiment among investors. Due to this positive recovery, more cryptocurrency investors are moving to acquire altcoins and a very significant group of holders are pushing for new all-time highs. Wallets holding more than 1 million XRP are approaching ATH. There has been a lot of selling among XRP investors over the past year as the price continues to fall. Despite Ripple’s multiple partial victories against the U.S. Securities and Exchange Commission (SEC), this poor performance has continued, causing investors to jump ship. One group…
DeFi • April 23, 2024, 1:34 PM EDT Posted 1 minute ago In ~ Episode 6 The Block Research Podcast was recorded below: The Block CEO Larry Cermak and Safe co-founder Richard Meissner.Listen below and subscribe to The Block Research Podcast on YouTube. apologize, spotify, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).In this episode, Safe co-founder Richard Meissner explains how Safe attempts to abstract away many of the complexities that currently plague Web3 UX.outline:00:00 Introduction03:07 Safe’s user base09:31 Business Model11:40 Account abstraction15:33 EIP-307421:49 Keystore rollup25:47 Ethereum Layer-233:22 $SAFE token design43:15 Closing…
join us telegram A channel to stay up to date on breaking news coverage Panda Swap price has surged 28% in the past 24 hours, trading at $0.0130 as of 5:24 AM ET. The surge makes PANDA popular on CoinMarketCap alongside crypto kings Bitcoin, PEPE, BONK, SOL, and WIFSA. Oh right, Panda is very popular these days. @CoinMarketCap Today is the second @Bitcoin! 🚀 Today is going to be a good day. 🔥 @solana I need a panda swap. 🐼 #Radium Killer We are also Top Gainer. @Bitmart Exchange 🏆 next @MEXC_Official 🤯 pic.twitter.com/Wob6bItMxQ — Panda Swap (@PandaSwapSol) April 22,…
Share this article The OP_CAT covenant proposal was officially introduced as “BIP-420” with the goal of enabling smart contracts, secure bridges, and on-chain transactions on the Bitcoin network. Introducing BIP-420: Official Bitcoin Improvement Proposal for OP_CAT It’s a historic day! Today, after a long wait, the OP_CAT proposal officially received its BIP number. Meet BIP-420! BIP-420 enables contracts on Bitcoin, allowing smart contracts, secure bridges, and on-chain. pic.twitter.com/z6ItJT7LX4 — Woody | BIP-420 🐱 (@udiWertheimer) April 22, 2024that much proposal, written by Ethan Heilman and Armin Sabouri, seeks to reintroduce the OP_CAT opcode to Bitcoin through a backwards compatible soft fork…