The Federal Deposit Insurance Corporation (FDIC) has announced significant changes to its official signage and advertising regulations. This update, the first since 2006, aims to extend the trust and assurance traditionally provided by the FDIC’s physical signage to the rapidly evolving digital banking environment. New digital signage requirements Starting in 2025, insured banks will be required to display the new black and navy FDIC official digital sign. This sign must be placed near the bank’s name on all websites and mobile applications. It is also displayed on certain ATMs (Automated Teller Machines). The move marks a significant change from the…
Author: Crypto Flexs
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Chainlink Labs revealed winners in six categories focused on solving specific tasks in the Web3 ecosystem. In a blog announcement on December 20, developers of the Chainlink decentralized oracle network revealed that they had awarded a $25,000 major prize to Unwallet.me, a seed- and gas-free multi-chain cryptocurrency wallet. The product utilizes a so-called account abstraction mechanism to create seedless wallets, allowing them to connect to various blockchain networks with a single domain name. Unwallet.me supports cryptocurrencies on various fiat-denominated distributed ledgers with the help of Chainlink Price Feeds oracles. “Constellation was our best and most successful hackathon to date, both…
Cathie Wood’s Ark Invest sold additional Coinbase shares yesterday, bringing the two funds to a total of 149,780 coins ($24.2 million) as the stock hit a yearly high, according to the company’s latest trading filing.Of the total, Ark sold 132,782 shares ($21.5 million) in the Innovation ETF and 16,998 shares ($2.7 million) in the Next Generation Internet ETF. The investment management firm continues to rebalance its fund weights amid the recent surge in COIN prices.Ark sold $5.5 million worth of Coinbase stock on Tuesday. The company sold $200 million worth of Coinbase stock over the past month.Coinbase shares closed at…
The co-founders of cryptocurrency analytics firm Glassnode believe altcoins are gearing up for a major move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on social media platform say It is predicted that the total market capitalization of digital assets, excluding Bitcoin (BTC) and Ethereum (ETH), is in the consolidation phase and will soon surge. “1-2-3-4-5 euphoria! The cryptocurrency market is making big moves. Cryptocurrency market chart minus BTC and ETH. We looked at the first three steps. Now acceleration awaits. Please see the chart below for detailed analysis.” Source: Negentropy/X Analyst charts…
According to Fox Business’s Charles Gasparino, financial firms are confident that the Securities and Exchange Commission (SEC) will rule in favor of approving a spot Bitcoin exchange-traded fund (ETF) after January 8, 2024.Gasparino’s post states that Bitcoin ETF shares can only be purchased with cash, not Bitcoin. Regulators said they were “concerned that ETFs are being used as a means of money laundering.” Over the past few weeks, spot Bitcoin ETF issuers like BlackRock have been meeting with the SEC to discuss the final details of their ETFs. There was one topic in particular when regulators were meeting with issuers:…
Oasys partners with Datachain and TOKI on cutting-edge inter-blockchain communications – Chainwire housenewsroomOasys has partnered with Datachain and TOKI on cutting-edge inter-blockchain communications. We use cookies to make your experience on Chainwire’s website better. Cookies help us give you 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access…
One analyst explained how Ethereum is currently re-testing the breakout zone and this could lead to a price target of $3,500. Ethereum is retesting the breakout line of the ascending triangle As analyst Ali points out in a new report: post At An “ascending triangle” is, as the name suggests, a pattern in technical analysis that resembles a triangle. This pattern includes a horizontal line created by connecting high highs and a sloping line connecting higher lows. If the price retests the horizontal top, you may feel some resistance. On the other hand, touching a lower level may cause the…
While Bitcoin has surpassed $43,500, Ethereum price is still struggling to climb back above $2,250. ETH is showing some worrying signs and could take a major hit. Ethereum is struggling to gain speed above the $2,250 resistance zone. The price is trading below $2,220 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trend line forming with support near $2,170. If it stays below $2,250 for long, this pair could fall significantly. Ethereum Price Faces Hurdles Ethereum price made another attempt to clear the $2,250 and $2,265 resistance levels. However,…
Coinbase CEO Brian Armstrong recently said: Solved American political situation regarding cryptocurrency. He believes that politicians’ strong anti-crypto stance could be a bad strategic move in the upcoming 2024 elections. These comments come in the context of the evolving digital asset landscape and growing cryptocurrency adoption among U.S. citizens. Digital Asset Money Laundering Prevention Act The Digital Asset Anti-Money Laundering Act proposed by U.S. Senators Elizabeth Warren and Roger Marshall is at the heart of this discussion. This bipartisan bill aims to integrate the digital asset ecosystem with existing anti-money laundering (AML) and terrorist financing regulations. The law proposes to…
join us telegram A channel to stay up to date on breaking news coverage Algorand price predictions show ALGO changing hands at $0.20 as the market price rises above the 9-day moving average. Algorand market price statistics: Current Algorand price: $0.20 Algorand Market Cap: $1.6 billion Algorand Circulating Volume: $8 billion Algorand total supply: $8 billion Algorand Coin Market Ranking: 46th ALGO/USD Market Main level: Resistance levels: $0.25, $0.27, $0.29 Support levels: $0.15, $0.13, $0.11 ALGOUSD – daily chart ALGO/USD is currently trading around $0.20 and once it breaks above the potential resistance of $0.22, the next target could be…