Grayscale’s head of ETFs is optimistic that regulators will eventually have to approve exchange-traded funds based on cryptocurrencies other than Bitcoin and Ethereum.Grayscale’s global head of ETFs, David LaValle, was asked during a roundtable discussion Wednesday whether he thought exchange-traded funds based on other cryptocurrencies could gain approval in the next two to three years.“I think it’s 100%,” he said. “The path to digital asset ETFs was through regulated markets on the futures side, but as the digital asset market as a whole continues to expand and mature, we have already proven that we can do this. bitcoin BTC -4.11%…
Author: Crypto Flexs
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Ernst & Young (EY), a Big 4 accounting firm, unveiled OpsChain Contract Manager (OCM), a new service that manages corporate contracts through blockchain technology, on April 17. The tool is designed to manage complex multi-party business contracts with enhanced security and privacy features through blockchain technology. The service currently runs on the Polygon proof-of-stake (PoS) blockchain and will be upgraded to the Ethereum mainnet in the future. O.C.M. OCM is designed to securely process business contracts on public blockchains, leveraging zero-knowledge proofs to maintain contract integrity and confidentiality while ensuring privacy by increasing time efficiency and reducing costs. It integrates…
When an investment can be traded quickly and easily for another asset (usually cash) without affecting its value, it is called liquidity. Unlike liquid assets that are difficult to trade due to a lack of market participants or other circumstances, highly liquid assets can be acquired or sold quickly and at a fair price. Stablecoins, such as USD Coin and Tether, are a liquidity bridge between cryptocurrencies and fiat currencies in the cryptocurrency market. Introducing Tether: The Stablecoin Pioneer Tether is known as a stablecoin because it maintains stability compared to other cryptocurrencies. Base currencies such as the dollar or…
The UK Gambling Commission (UKGC) monitors the UK’s online gambling industry to ensure it is safe, fair and honest. This sets the standards for internet casinos to follow, protecting consumers and keeping them compliant with the law. The introduction of cryptocurrencies has seen a notable shift towards digital transformation in the banking sector. The gaming industry is paying attention to this money because of its global appeal, the possibility of fast and secure transactions, and its digital nature. At the intersection of cryptocurrency and online gambling, questions naturally arise about how new financial technologies may interact with stringent UKGC regulations.…
I recently took on the challenge of building a working BTC miner on solo.ckpool.org. Yes, I know that the probability of finding a nonce is close to 0 (especially given that the process is ongoing and not just the nonce). However, we only focused on iteration through nonce search. A space for simplicity. Now I want to test whether block mining actually works. But there is a caveat: How do I find blocks with known nonces that I can test against my miners? In a perfect world, you would use the same format that the pool provides (JSON) so that…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. The cryptocurrency market is buzzing after a surprising $1 million investment poured into the Kelexo (KLXO) presale. This huge sum has sparked much interest and speculation. While excitement continues to build for Kelexo, seasoned analysts are taking a cautious look at established players such as Ethereum (ETH) and XRP (XRP). They predicted that the value is likely to decline in April this year due to a combination of macroeconomic factors and difficulties within the cryptocurrency ecosystem. Multifaceted challenges shaking…
Bitcoin halving is almost here. This is mostly interesting as it slows down Bitcoin issuance and reduces block rewards to 3.125 BTC, but some people are excited about this because of Runes.Runes is a new protocol from Bitcoin developer Casey Rodarmor of Ordinals. While the basic idea of Ordinals focused on bringing non-fungibility to Bitcoin by distinguishing specific Satoshis based on the order in which they were issued, the BRC-20 token standard also emerged, helping to issue new fungible tokens on the network. .Runes is similar to BRC-20 in that its goal is to enable new tokens to be traded…
Blockchains are a powerful technology, as regular readers of the blog already likely agree. They allow for a large number of interactions to be codified and carried out in a way that greatly increases reliability, removes business and political risks associated with the process being managed by a central entity, and reduces the need for trust. They create a platform on which applications from different companies and even of different types can run together, allowing for extremely efficient and seamless interaction, and leave an audit trail that anyone can check to make sure that everything is being processed correctly. However,…
April 17, 2024, London, UK, Chainwire Dogeverse, a new multichain meme coin, raised $6 million in presales and recently passed a smart contract audit. The new meme coin leverages bridge technology to ensure the tokens are available on the most popular on-chain markets. Multi-chain approach provides broad accessibility Dogeverse’s approach to multi-chain availability means that tokens are available across major smart contract-enabled blockchains. The plan is launching on Ethereum, BSC, and Polygon, but will soon launch on Solana, Base, and Avalanche. This approach makes Dogeverse more versatile and allows it to sustain itself if users migrate from one of the…
Investing in Bitcoin can feel like a roller coaster ride. bitcoin price Swing. One thing about this market is that Bitcoin is known to be highly volatile. This post will guide you on how to keep your investments safe from these ups and downs.Read on to find out more!Key TakeawaysProtect your Bitcoin investment by understanding that prices can change quickly due to news, supply and demand, hype, and government action.Protect your money in a variety of ways, including spreading your money across a variety of investments, checking and changing your investment plan regularly, setting stop-loss orders to avoid large losses,…