The much-anticipated spot Ethereum exchange-traded fund (ETF) appears to have encountered difficulties as it enters the United States. Industry leaders are growing concerned about the potential for regulatory approval from the Securities and Exchange Commission (SEC), and the SEC’s silence is adding to their anxiety. Jan van Eck, CEO of investment firm VanEck, recently cast doubt on the possibility of SEC approval of a spot Ether ETF in May. In a CNBC interview, van Eck expressed his belief that the application would likely be rejected due to a complete lack of communication with regulators. This sentiment finds echoes in the…
Author: Crypto Flexs
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London, UK, April 9, 2024, Chainwire NeuroMesh (nmesh.io), a pioneer in artificial intelligence, announces the launch of a distributed AI training protocol ready to revolutionize global access and collaboration in AI development. Embracing DePIN’s decentralized framework, NeuroMesh bridges the gap between the needs for large-scale AI model training and distributed GPUs. This initiative aims to strengthen the inclusivity of AI development and foster participation across different sectors and geographies. Vision in AI: The team’s global ambitions The NeuroMesh team, comprised of researchers and engineers from Oxford, NTU, PKU, THU, HKU, Google and Meta, pioneers a democratic AI training process. This…
Mayoral candidate Brian Rose wants to give everyone in London £100 worth of new cryptocurrency tokens under plans revealed on Thursday.Under the working title LONDON TOKEN, Rose’s plan would see a £1 billion liquidity pool created through a one-off tax on profits made by the city’s financial institutions.According to Rose’s campaign team, the plan is for the new cryptocurrency to be accepted across London’s transport network and used to pay council rates, parking fees and other charges.London Coin can receive funding from large banksThe campaign team argued that the proposed 1% Tradfi tax on profits made by large financial institutions…
SOL’s market capitalization increased by more than 130% in the first quarter. Sentiment surrounding the token has turned bearish over the past week. Like most cryptocurrencies, the first quarter of 2024 ended on a positive note. Solana (SUN), This is because it achieved good results in many ways. So, let’s take a closer look at SOL’s first quarter performance and what we can expect in the second quarter. Solana’s first quarter statistics Data analysis platform Coin98 Analytics recently launched Twitter We highlight Solana’s network statistics for the first quarter. According to the tweet, SOL has shown remarkable performance in terms…
Local miners in the Yukon’s Klondike region discovered gold in the late 1800s. This brought a massive influx of people, with over 100,000 miners traveling to the area in search of fortune. Now, by today’s standards, 100,000 people is about the size of a Taylor Swift concert. However, at the time, the population was much smaller, accounting for about 0.16% of the total U.S. population. So by today’s standards, that’s the equivalent of six or seven Taylor Swift concerts. That girl knows how to fill her stadium! Fortunately, when you expect success with: Yukon Fever Slots from mascotYou don’t have…
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Solidity was launched in October 2014, when there was no real-world testing of either the Ethereum network or virtual machines. Gas costs back then were much different than they are now. Additionally, some of the early design decisions were carried over from Serpent. Over the past few months, examples and patterns that were initially considered best practices have been exposed as reality, and some of them have actually turned out to be anti-patterns. Because of this, I’ve updated some items recently. Robustness DocumentationHowever, most people will not be following the github commit stream for that repository, so I’d like to…
The Australian Securities and Investments Commission (ASIC) has appealed a Federal Court ruling that found Finder Wallet’s “Earn” product complies with Australian financial law, raising consumer protection concerns. The Australian Securities and Investments Commission (ASIC) has filed an appeal against the Federal Court’s decision to reject a lawsuit brought against Finder Wallet Pty Ltd and its cryptocurrency product “Earn”. The court previously decided that Finder Wallet complied with the laws governing financial services in Australia. This ruling is likely to have a significant impact on future cases in Australia related to cryptocurrency and regulatory compliance. To provide some context, the…
Ethereum price remained above the $3,400 support zone. ETH is recovering its losses, but needs to clear $3,600 to continue rising in the near term. Ethereum extended its downtrend and tested the $3,400 support area. The price is trading above $3,500 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance at $3,500. A stay above the $3,500 support area could provide bullish momentum. Ethereum Price Aims Higher Ethereum price continued its downward trend below the $3,500 level. ETH also surged below the…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. XRP price falls due to whale speculation. The volatility resulting from SEI consolidation leads to diversification. Milei Moneda sells over 50 million tokens with deflationary appeal. In recent weeks, the cryptocurrency market has been abuzz with the changing trends of investors. Making the headlines are XRP and SEI investors jumping into new DeFi projects on the market. Here we take a look at DeFi acronym MEDA (Miley Moneda) and what is driving this movement. XRP price falls as whales…