Reuters reported on April 25, citing industry sources, that the U.S. SEC is expected to reject several applications for exchange-traded funds (ETFs) based on Ethereum, the world’s second-largest cryptocurrency.The decision, expected in May, follows recent discouraging interactions between ETF issuers and the SEC.Notably, companies like VanEck and ARK Investment Management have filed applications with the SEC for ETFs that directly track the spot price of Ether.Agency decisions on these applications, of which VanEck and ARK are the first, are due May 23 and May 24, respectively.cold shoulderParticipants in recent meetings with the SEC described the talks as one-sided, with agency…
Author: Crypto Flexs
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The cryptocurrency landscape is witnessing significant changes following the Bitcoin halving, with transaction fees dropping dramatically after the initial surge. At the same time, forecasts for Uniswap (UNI) show an upcoming bullish trend. Despite the halving primarily affecting miners, the expected market rise could prove profitable for miners, investors, and traders alike. A new altcoin sensation BlockDAG It is gaining momentum with record-breaking pre-sales, having already amassed $20.7 million through sales of over 8 billion BDAG coins. Uniswap Rising: Signs that a price surge is imminent Market indicators point to an optimistic future for Uniswap, with significant whale activity evident,…
join us telegram A channel to stay up to date on breaking news coverage Pepe prices are up 3% in the last 24 hours. Traded for $0.00000746 As of 1:36 a.m. EST, trading volume was up 3% to $1.1 billion. This comes just days after Coinbase International began trading the Pepe perpetual futures contract. This allows customers outside the US to trade MEM Coins using leverage. Pepe Price maintains surge on bullish pennant. Pepe price surged 22% to resistance around $0.00000822 after futures were launched on Coinbase International. PEPEUSD Chart Analysis Source: Tradingview.com After an upward trend in March that…
Bitcoin and cryptocurrencies could still be friends with US Treasury Secretary Janet Yellen if liquidity comes back to life in the economy next week, Arthur Hayes said.
Cryptocurrencies are known for their volatility and complexity, presenting many challenges to investors. However, the evolution of artificial intelligence continues to fundamentally change the way we approach cryptocurrency investing, providing a variety of game-changing tools and applications.Now let’s take a look at how AI is changing cryptocurrency investing for the better!How AI Simplifies Your Cryptocurrency Investment StrategyOne of the most important ways AI is impacting cryptocurrency investing is through automated trading. Forget about manually refreshing charts or scrambling to react to price movements.Cryptocurrency trading AI bot It could be your secret weapon. These sophisticated programs can analyze massive amounts of…
join us telegram A channel to stay up to date on breaking news coverage Solana (SOL) is seeing a “dramatic increase in allocations” from asset managers and hedge funds that are expanding their exposure to altcoins, Coinshares said. “Investors are more optimistic about the market. Solana“ James Butterfill, head of research at CoinShares, wrote on April 24. report. The findings are based on a survey of 64 investors with a total of $600 billion in assets under management. Investors Prefer Solana Over Ethereum Market leaders Ethereum (ETH) and Bitcoin (BTC) remain popular, the survey shows. Following the approval of a…
MeWe Launches Community Investment Round via WeFunder – Chainwire housenewsroomMeWe launches community investment round through WeFunder 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 the legitimate purpose of storing preferences that have not been…
The cat-themed airdrop for the upcoming Solana “Chapter 2” phone may just cover the cost of the device ahead of its tentative 2025 launch.An airdrop of 5,199 newly released MANEKI tokens on April 24th and an airdrop of 37,600 MEW (Cat in a Dogs World) tokens on April 1st briefly covered Chapter 2’s pre-order costs on Thursday. According to Solana Floor, the two airdrops alone brought the device to $459, compared to the $450 it once cost.MANEKI is up more than 10% in the last 24 hours, while MEW is down 3%, according to CoinGecko data. According to the Two…
One of the largest sources of confusion in the question of blockchain security is the precise effect of the block time. If one blockchain has a block time of 10 minutes, and the other has an estimated block time of 17 seconds, then what exactly does that mean? What is the equivalent of six confirmations on the 10-minute blockchain on the 17-second blockchain? Is blockchain security simply a matter of time, is it a matter of blocks, or a combination of both? What security properties do more complex schemes have? Note: this article will not go into depth on the…
Arthur Hayes, co-founder and former CEO of cryptocurrency exchange BitMEX, provided X with a detailed analysis of the US economic environment and its potential impact on the cryptocurrency market. Known for his incisive commentary and deep understanding of traditional and digital finance, Hayes’ insights are closely watched by industry participants. Why the Crypto Bull Market Will Restart on Monday in post, Hayes noted that the Treasury General Account (TGA) received a significant boost due to an inflow of approximately $200 billion in tax receipts. “Expected tax receipts have added approximately $200 billion to the TGA,” Hayes said, setting the stage…