Posted 1 minute ago In ~ Updated: April 12, 2024, 10:42 AM EDT Hong Kong regulators could approve spot ETFs based on Bitcoin and Ethereum as early as Monday, Bloomberg News reported, citing sources familiar with the matter. As part of this approval, a subsidiary of Chinese asset manager Harvest Fund Management Company is expected to receive approval to operate as a Bitcoin and Ethereum fund issuer. Additionally, a partnership between Bosera Asset Management (International) Co. and HashKey Capital is also expected. We are authorized to offer both types of spot ETFs. As The Block reported earlier Friday, HashKey CEO…
Author: Crypto Flexs
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One analyst explained how PEPE’s daily close outside a certain price range could lead to a 54% rally in its value. PEPE symmetrical triangle could hint at Memecoin’s next move. new post At X, analyst Ali discussed recent trends in PEPE prices. According to analysts, Memecoin is currently forming a symmetrical triangle pattern on the 1-day chart. Here, “symmetrical triangle” refers to a pattern in technical analysis (TA) that, as the name suggests, looks like a triangle. This pattern has two lines of interest along which asset prices consolidate over a period of time. The upper line connects the successive…
Amid the widespread price correction affecting most of the top 100 cryptocurrencies, one digital asset has defied the trend and surged to impressive heights. Nervos Network not only recorded a significant rise with its own token, CKB, but also ranked 79th in the market, raising questions about the reasons for the surge. Nervos network decoding The Nervos network is a proof-of-work (PoW) layer 1 (L1). blockchain Designed to optimize application-specific layer 2 chains. The network aims to provide a more secure smart contract platform than Ethereum (ETH) while establishing its native asset, CKB, as a more sustainable store of value…
Unlike the first quarter, AVAX’s network activity declined in the second quarter. The price of AVAX has risen by more than 2% over the past seven days and indicators have looked bullish. Avalanche (AVAX) Blockchain performance in terms of value captured declined during the first quarter. However, checking the enlarged photo revealed a different story. Let’s take a closer look at AVAX’s health in the first quarter to better understand its overall performance. The Avalanche’s first quarter revenue was down. Data analysis platform Coin98 Analytics recently launched Twitter Mentioning the Avalanche’s first quarter statistics: According to the tweet, Blockchain’s fees…
A new Deutsche Bank survey found that more than half of respondents expect cryptocurrencies to become an important asset class and payment method. Additionally, 10% of respondents expected the Bitcoin price to exceed $75,000 by the end of the year. Deutsche Bank’s Cryptocurrency Survey A recent survey conducted by Deutsche Bank of more than 3,600 consumers revealed the following (…)
Share this article Coinbase has filed a motion to appeal a judge’s decision last month to allow the SEC’s lawsuit to proceed, Paul Grewal, Coinbase’s chief legal officer, said in an X Post today. If the appeal is upheld, the Second Circuit could review the U.S. Securities and Exchange Commission’s (SEC) authority to classify certain digital asset transactions as investment contracts, potentially halting ongoing trials. today @Coinbase We filed a brief requesting the court’s permission to pursue an interlocutory appeal. @SECGov The case for this governing question: whether an “investment agreement” requires something to be contractual – we think it…
Special thanks to Tim Swanson for reviewing, and for further discussions on the arguments in his original paper on settlement finality. Recently one of the major disputes in ongoing debate between public blockchain and permissioned blockchain proponents is the issue of settlement finality. One of the simple properties that a centralized system at least appears to have is a notion of “finality”: once an operation is completed, that operation is completed for good, and there is no way that the system can ever “go back” and revert that operation. Decentralized systems, depending on the specific nature of their design, may…
Framework Ventures and the Abu Dhabi branch of Brevan Howard Digital (BH Digital) co-led a $100 million Series B round for layer 1 blockchain developer Berachain. Additional financial support comes from Polychain Capital, Hack VC, Samsung Next, Laser Digital from Nomura Group, Hashkey Capital, Nomad Capital, Hypersphere, Arrington Capital, Cypher Capital, Tribe Capital, Rubik, Bo Feng from Dragonfly, Yat Siu from Animoca Brands, and Temasek. Antony Lewis of Polygon, Sandeep Nailwal et al. of Berachain wrote On social media platform Bloomberg said the company plans to use the funds to strengthen its expansion in Hong Kong, Singapore, Southeast Asia, Latin…
DeeStream Presale redefines decentralized streaming, allocating 50% of advertising revenue and platform fees to token holders, fostering community growth, and providing rapid withdrawals. KangaMoon (KANG) merges Social-Fi and Play-to-Earn elements. This sets it apart from typical meme coins by creating a vibrant community with games and rewards like the best NFTs and KANG tokens. The BlockDAG network, on the other hand, revolutionizes blockchain scalability through Directed Acyclic Graph (DAG) technology and Proof-of-Engagement (PoE) consensus, achieving 10,000 to 15,000 transactions per second. BlockDAG eliminates mining costs and offers zero or low-fee transactions. With a 350% increase in pre-sales, entering its 8th…
The Choise.com team continues to uncover the groundbreaking Choise.ai ecosystem and has made another big announcement favorable to CHO token holders. In the next 1-2 months, new VLT tokens will be activated to support Choise.ai’s B2B revenue sharing program. It aims to reward CHO owners for their commitment to the company’s continued development. On April 3, Choise.com declared its imminent transition to the enterprise sector following the successful market debut of Vault, a B2B provider of white label digital/cryptocurrency banking products and APIs running on Choise.com’s infrastructure. As part of this innovative strategy, both Choise.com and Vault will be integrated…