Market • March 19, 2024, 7:33 a.m. EDT Posted 1 minute ago In ~ Updated: March 19, 2024, 7:40 AM EDT No major U.S. financial institution yet supports the new Bitcoin ETF set, but this could soon change.“We are probably a few weeks away, maybe a week or so, from getting the first of the major warehouses to approve it,” Bitwise CIO Matt Hougan said during a panel on Bitcoin ETFs at the Digital Asset Conference in London. “And in a few months they will all be.”Hougan explained that the U.S. retail wealth market can be divided into two groups:…
Author: Crypto Flexs
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The Ethereum vs. Solana debate took a turn again in the third week of March after Solana achieved an important milestone. first of all, Solana (SOL) Search interest on Google Trends surpasses Ethereum (ETH). This indicates a surge in retail interest in SOL compared to ETH. Additionally, SOL ranked in the top three by market capitalization by converting BNB. DeFi ranking. Recent cryptocurrency influencer Anthony Pompliano interviewed Arthur Hayes is a serial investor, co-founder, and former CEO of BitMEX. He was asked his thoughts on the ETH vs. SOL debate, and Hayes gave his honest opinion. “I don’t think anything…
join us telegram A channel to stay up to date on breaking news coverage The current global cryptocurrency market cap is $2.74 trillion, with a change of 4.24% in the last 24 hours. This data represents significant fluctuations in the market and demonstrates its dynamic nature, influenced by factors such as demand, market sentiment, and technological advancements. The cryptocurrency market is growing as more people use digital currency, and efforts to prevent financial problems are also active. This means the future of cryptocurrency looks good. New cryptocurrency launches, listings and pre-sales today Get ready to learn about four awesome tokens…
Over the past month and a half, the Ethereum core development and research team has been building on the progress made over the past year, and with the specter of last year’s security issues now far behind, the Ethereum core development and research team has been looking forward to the Metropolis hard fork. First, here’s our collaboration with the Zcash team and our continued progress on zk-SNARK implementation: On the proof-of-stake side, myself, Vlad, and others have continued to solidify the Casper spec and converge on the roadmap. The main focus of our work has been on the concept of…
MetaMask and CoinLedger are teaming up to simplify tax reporting for users by integrating automated tax features into MetaMask portfolios. CoinLedger, a prominent cryptocurrency tax software company, announced a strategic partnership with MetaMask, a widely used Web3 custodial wallet. The goal of this collaboration is to reduce the burden of tax calculations on users by introducing an automatic tax reporting feature in MetaMask portfolios. This partnership comes at a critical time as the Internal Revenue Service (IRS) and other global tax authorities are tightening regulations on cryptocurrency trading. As the cryptocurrency ecosystem matures, regulatory compliance has become a major focus…
Bitcoin price struggled to recover above the $68,800 resistance level. BTC is now trending lower and is at risk of further declines below the $65,000 support. Bitcoin price is struggling to start a new rally above $68,000. The price is trading below $68,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a bearish trend line tying with resistance at $67,800. In the near term, a break above the $68,000 resistance area could provide bullish momentum. Bitcoin price faces resistance Bitcoin price attempted a new rally above the $65,500 area. BTC…
On March 19, the price of Ethereum fell below $3,250, down 20% from last week’s high. A rare trend in derivatives markets suggests that an ETH rebound could be imminent. After losing more than $78 billion in market capitalization last week, we are now seeing some significant signs of a market rebound in the ETH spot and derivatives markets. Ethereum derivatives traders are hedging rather than exiting. Ethereum, down 20%, was the second-biggest decliner in the top 10 cryptocurrency market rankings after Dogecoin (DOGE) since the sell-off began following the Dencun upgrade on March 14. However, interestingly, ETH speculative traders…
Libre, an institutional web3 infrastructure protocol for the issuance and distribution of tokenized alternative assets, launched today for eligible investors.Libre, developed by WebN Group and Laser Digital, based on Polygon technology, was first released last January, with institutional heavyweights Brevan Howard and Hamilton Lane lining up to be among the first to use the platform.Laser Digital is the cryptocurrency arm of financial services company Nomura. WebN Group is an incubation hub for fintech and web3 innovators, backed by Alan Howard, co-founder of Laser Digital and Brevan Howard. The two companies also worked closely with Polygon Labs on protocol development.Libre is…
Empower Oversight, a government watchdog, filed a lawsuit alleging that the Securities and Exchange Commission (SEC) failed to comply with Freedom of Information Act (FOIA) requests. The request aimed to uncover potential conflicts of interest and bias within the SEC regarding regulation of cryptocurrencies, particularly Ethereum. SEC’s Investigation into Ethereum Trading Continues Commonly referred to as ‘ETH Gate’, the deal highlights growing concerns about the consistency and transparency of the SEC’s approach to digital asset regulation. Tristan Leavitt, president of Empower Oversight, criticized the SEC’s handling of FOIA requests in a public statement. : By being slow to respond to…
Zhao, former CEO of Binance, unveils a new education-focused blockchain project, excluding token offerings, details of which are as follows: The former CEO of Binance, one of the world’s leading cryptocurrency exchanges, has teased the launch of a new project deeply rooted in educational efforts surrounding cryptocurrency and blockchain technology. This news comes as the industry increasingly recognizes the importance of informed participation and knowledge sharing in fostering a sustainable and inclusive digital economy. Changpeng Zhao, popularly known as CZ, said the plan would stand in stark contrast to many other cryptocurrency projects, especially by ruling out the creation or…