Author: Crypto Flexs

Britain’s Chancellor of the Exchequer said he would investigate claims that licensed cryptocurrency companies are having difficulty opening business accounts in the UK.On Tuesday, UK Chancellor of the Exchequer Jeremy Hunt agreed to meet with Treasury and Economic Affairs Secretary Wim Apolami to discuss the issue. Hunt responded: question This is what Lisa Cameron, chair of the Cryptocurrency and Digital Assets All-Party Parliamentary Group, raised about the challenges facing licensed cryptocurrency companies in the UK.Hunt responded that he would arrange a meeting with the British Treasury to investigate. He also took the opportunity to say that “the UK, and London…

Ethereum has followed Bitcoin’s general trend over the past few weeks, with the asset ETH price has also declined compared to the 2023 high. Following this price drop, a worrying pattern, known as a descending wedge pattern, appeared on the ETH chart. This was revealed by cryptocurrency analyst Alan Santana, who painted a bleak picture of what this means for Ethereum. Ethereum falling wedge pattern is bearish In an analysis published on the TradingView website, Alan Santana explains that the emergence of this descending wedge pattern does not bode well for the Ethereum price. Clearly, the ETH chart formed a…

Lisk decided to utilize the Ethereum network after learning that more than 90% of user transaction fees on the L1 platform were Ethereum-based. LISK, an open source blockchain network and platform for decentralized applications (dApps), announced its decision to join the Ethereum ecosystem as a layer 2 (L2) platform. According to the official blog post, Lisk is building its upcoming ecosystem based on Gelato’s Rollup and powering it with Optimism’s OP stack. Why Lisk is integrating Ethereum The move grew out of research conducted earlier this year as it attempted to expand its product roadmap. This study included deep insights…

join us telegram A channel to stay up to date on breaking news coverage As the end of 2023 approaches, certain cryptocurrencies are showing bullish trends and some are offering attractive investment prospects. Making smart investment decisions can be the foundation for accessing unparalleled opportunities in the cryptocurrency space. As we enter the coming year, the cryptocurrency industry promises continued excitement and opportunity for those prepared to navigate its complexity. Investors should keep an eye on emerging projects, market analysis, and expert insights to strategically position themselves in the volatile cryptocurrency space. In this article, we’ll take a look at…

reporter Posted on: December 20, 2023 Last week, nearly 60% of all transactions created on Arbitrum were linked to Inscriptions. Users had to pay much less for the inscriptions. Layer 2 (L2) blockchain Arbitrum (ARB) has seen a sharp increase in network activity over the past few days. Daily trading of scaling solutions hit a new all-time high (ATH) on December 16, according to on-chain analytics firm IntoTheBlock. Source: IntoTheBlock Inscription Powers Arbitrum’s On-Chain Traffic According to the Dune dashboard scanned by AMBCrypto, EVM Inscriptions, which are similar in concept to Bitcoin Ordinals, have led to a surge in on-chain…

For absolute beginners, how do I sign a new address format (e.g. taproot)? Ride the Lightning (RTL) has the possibility to sign lightning messages. However, it must be signed from a specific on-chain address. I also tried bitcoin-cli signmessage <adr> <msg> However, this did not work for taproot addresses or Bech32 addresses (both generated from RTL). The error message returned is: error code: -32601 error message: Method not found It looks like you don’t know the signmessage command? I also found this thread. However, I currently don’t know where I can get the private key for the proposed solution. signmessagewithprivkey

Blockchain gaming company Immutable announced the launch of its “Passport” tool to increase interoperability.According to a statement, Immutable’s Passport tool is designed to simplify “the sign-up process for players by providing them with a universal profile that allows them to carry their identities, achievements, and digital assets across a variety of online games and marketplaces.” Initially, the tool, which promises interoperability, will be available across five game titles and a marketplace with more than 500,000 users, the company said. According to the statement, these games and marketplaces include “Gods Unchained,” “Blocklete Golf,” “Bleacher Report Watch2Earn,” TokenTrove, and AtomicHub.Between games like…

The SOL/ETH ratio, a metric comparing the value of Solana (SOL) and Ethereum (ETH), provides a clear lens through which to evaluate Solana’s position in the competitive layer 1 (L1) blockchain space. With Solana’s growing user base and growing market capitalization, this ratio is an essential tool to gauge its position as one of Ethereum’s strongest competitors. The SOL/ETH ratio is calculated by dividing the market value of one SOL token by the market value of one ETH token. A sharp rise in the ratio indicates Solana’s relative strength compared to Ethereum, either due to positive developments in the Solana…

The Legendary Meme Coin Sensation of 2023 – $sponge – Announced that they are back and better than ever with the launch of V2, giving early adopters another 100x opportunity. Those who remember $SPONGE will fondly remember the hilarious memes, healthy community, and most importantly, the massive 100x returns. Those who missed out now will have the chance to participate in the next incarnation of the project, with the same opportunities as Sponge V2 to follow in its footsteps. Sponge V2 differentiates itself from existing presales in that the stake-bridge utility is the only way to acquire tokens. Here’s everything…

The price of Bitcoin recovered quickly, surging above $43,000 on December 19, thanks to recent developments in the approval process for the first spot-priced exchange-traded fund (ETF) in the United States. BlackRock, one of the first US Bitcoin spot ETF applicants, has updated its filing with the US Securities and Exchange Commission (SEC). Notably, BlackRock has revised its policy on ETF redemptions, now allowing BTC to be redeemed in-kind as an option, and introduced new rules for exchanging a basket of stocks for cash, pending regulatory approval.BTCUSD Chart – Tradingview.comIncreasing expectations for Bitcoin ETF:The Bitcoin community is abuzz with excitement…