Author: Crypto Flexs

Grayscale met again with the SEC to discuss the application of a spot Bitcoin ETF, and Hashdex became the second company to post an ad for a cryptocurrency ETF. Grayscale met with the SEC on Tuesday to discuss potential rule changes for ETF application, according to the report. Leaked memo shared by Bloomberg reporter James Seypart This shows that Grayscale is still pushing spot and cash trading for its Bitcoin ETF. Spot trading refers to the process of creating or redeeming ETF shares by exchanging securities such as stocks and bonds instead of cash. This method helps manage the ETF’s…

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CryptoQuant said Bitcoin could rise to $160,000 next year due to factors such as halving, ETFs, approvals, and interest rate cuts. Analysts are optimistic about the potential of Bitcoin (BTC) next year, indicating several factors that could push the price towards $160,000. Bitcoin may already be on its way to more than doubling its current all-time high (ATH), according to a report from blockchain analytics firm CryptoQuant. A pyramid push for Bitcoin, according to CryptoQuant CryptoQuant highlighted several indicators, including the upcoming Bitcoin ​​halving in April, increased network activity due to increased demand, and recorded growth in stablecoin liquidity. Additionally,…

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As 2023 comes to a close, the cryptocurrency community is abuzz with excitement. In a year that has been clouded by many uncertainties, there is renewed hope for investors ahead of the new year, which is expected to start an uptrend in the closing weeks that followed. Greed and fear levels in market sentiment have reached above-average levels and are now at 73%. For the first time in a very long time, 2024 is a year to look forward to. Additionally, with the Bitcoin halving event scheduled to take place next year, certain tokens are expected to experience massive increases…

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Elizabeth Warren’s latest move to increase oversight of cryptocurrencies has been met with a counterattack from industry heavyweights, including Coinbase CEO Brian Armstrong. Earlier this week, a senator from Massachusetts sent a series of letters. letterDemanding answers to what she claims is “A veneer of legitimacy.”Coinbase Armstrong: Opposing cryptocurrencies is a really bad political strategy until 2024 wrote X accused Warren of “lobbying for big banks.”“It’s sad that @ewarren, who started his career with good intentions, has morphed into a disingenuous all-rounder who grabs headlines at every opportunity,” said Galaxy Digital CEO Michael Novogratz. Posted.voting strategyCryptocurrency lawyer Scott Johnsson believes…

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An unknown cryptocurrency trader is making astronomical profits after holding onto a new meme token for just a few weeks. According to on-chain data tracker Lookonchain, traders spent less than $500 to acquire a stack of Coq Inu (COQ), a memecoin running on the Avalanche (AVAX) network. According to Lookonchain, the entity in question used Avalanche-based decentralized exchange (DEX) Trader Joe’s on December 7 to exchange its AVAX assets for trillions of dollars of COQ. At the time, COQ was trading at approximately $0.0000000925. The trader then traded most of his COQ stack for AVAX and the stablecoin USDC, while…

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join us telegram A channel to stay up to date on breaking news coverage Hedera Hashgraph price prediction shows that HBAR can stay above the 9-day and 21-day moving averages. Hedera Hashgraph Prediction Statistics Data: Current Hedera Hashgraph price – $0.086 Hedera Hashgraph market capitalization – $2.8 billion Hedera Hashgraph Circulation Volume – 33.5 billion Hedera Hashgraph total supply – 50 billion Hedera Hashgraph CoinMarketCap Ranking – 30th HBAR/USD Market Main level: Resistance levels: $0.100, $0.105, $0.110 Support levels: $0.070, $0.065, $0.060 HBARUSD – Daily Chart According to the daily chart, HBAR/USD is hovering above the 9-day and 21-day moving…

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BNB Chain Ends Historic Year of Lowering Web3 Entry Barrier – Chainwire housenewsroomBNB Chain Ends Groundbreaking Year in Lowering Web3 Entry Barrier 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 is…

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December 21st: Wallet Connect According to the team, it has announced “an ambitious new roadmap to build an open, permissionless, and decentralized network that will improve the performance of the WalletConnect protocol and achieve features better aligned with the principles of Web3.” “The roadmap’s milestones will be tested, audited and implemented over the next year, culminating in a proposed formal launch of the open, permissionless WalletConnect network in 2025.”

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In the burgeoning world of cryptocurrencies, the synchronized price movements of Ripple’s XRP and Stellar’s XLM have long puzzled investors and sparked heated debate. Why do these seemingly different tokens dance to the same tune? This case study provides valuable insight into the complex factors behind puzzling price correlations with Ripple’s CTO, David Schwartz. We discuss a variety of explanations, from market uncertainty to shared market sentiment. Join us as we uncover the complex forces influencing these intertwined digital assets. XRP and XLM Overview Ripple (XRP) and Stellar Lumens (XLM) have established themselves as prominent players in the ever-evolving cryptocurrency…

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