U.S. lawmakers are still racing to include cryptocurrency-related measures in their year-end legislative packages, but industry sources say more action is expected in 2024. while Republican House Speaker Mike Johnson’s approach to the spending bill could mean there won’t be a larger “omnibus” bill at year-end that could take several measures, and some cryptocurrency provisions could still end up in other year-end bills. there is. . The National Defense Authorization Act requires regulators to set standards for scrutiny of financial institutions engaging in cryptocurrency activity, while also requiring the Treasury Department to make recommendations to Congress on cryptocurrency mixers. The…
Author: Crypto Flexs
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INJ recorded a double-digit price increase following its listing on OKX and completion of its weekly burn. The coin has seen an increase in demand over the past week. Injective (INJ) recorded an intraday gain of 10% on November 30 after leading cryptocurrency exchange OKX announced the listing of the coin on its spot trading market. The price increase also follows the completion of the coin’s weekly burn auction. In a post by 3/ Over $65,000 yesterday $INJ It’s burned 🔥 pic.twitter.com/b59ZKHlx0c — Injective 🥷 (@Injective_) November 30, 2023 This formed part of the weekly burn that will take place…
ETF News Stimulates Markets, Coinbase Raises Crypto Army, and Napster Is Back in the Crypto Game. This week we bring you these stories and more in cryptocurrency. News about ETFs moved the market. ETF developments had a variety of impacts on the cryptocurrency market this week. Ether has soared on expectations that Valkyrie will soon expand its Strategy ETF to provide access to Ether futures along with the Bitcoin futures it already offers. However, as concerns grew about a U.S. government shutdown and the review of spot Bitcoin ETFs was delayed, Bitcoin prices plummeted. Nonetheless, Bitcoin ended the month on…
Welcome to Finance Redefine, a newsletter designed to bring you the most important developments of the past week. A newsletter that delivers essential decentralized finance (DeFi) insights every week.The hackers who stole more than $46 million from DeFi protocol KyberSwap have revealed a list of demands, including full control of the Kyber company and all of its assets. The hackers gave the Kyber team a deadline to meet their demands. An Australian law firm described the DeFi tax guidelines issued by the country’s financial regulator as “toilet paper”. Cadena Legal told Cointelegraph that these guidelines could only confuse Australians and…
The special donation period for the KZG Awards ran from April 1 to 16, 2023. This allowed participants to donate in ways that would not have been possible during an open giving period. Although only one honest participant is needed to provide a secure result, special contributions provide additional guarantees beyond standard entropy contributions. Computing entropy in an isolated environment (e.g., wiping and physically destroying the hardware on an air-gapped computer) means that there is no possibility of a malicious entity extracting the entropy at any point.It is unlikely that all of the detailed documentation attached to the actual reputation…
Ethereum price remained above the $2,020 level. ETH is currently rising and the bulls appear to be targeting a move towards the $2,200 level. Ethereum is making new attempts to clear the $2,100 and $2,120 resistance levels. The price is trading above $2,050 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a break occurred above a major contraction triangle with resistance near $2,055. A break above the $2,120 resistance area could provide bullish momentum. Ethereum price gains strength again Ethereum price began a downward correction below the $2,050 level. ETH tested the…
Zug, Switzerland, December 1, 2023, Chainwire TMN Global is proud to announce the successful listing of the native TMNG token on the MEXC cryptocurrency exchange starting December 1, 2023. This strategic partnership is an important milestone for TMN Global in the cryptocurrency space. EREA World AG has partnered with Europäische Metallhandels (EMH) AG to develop a cryptocurrency called TMNG, short for Technology Metal Network Global. EMH AG is a leader in the European commodity trading market. TMN Global is a platform that combines traditional investments in technical metals, rare earth metals and precious metals with the benefits of modern blockchain…
Ethereum (ETH) is trading higher on December 1 despite being unable to break the $2,100 resistance level. This level has prompted several rejections over the past three weeks, especially considering Ethereum’s 16.2% rise in November.Ethereum 12-hour price index, USD. Source: TradingViewHowever, the current positive momentum is supported by several factors, including spot ETF applications and the expansion of the Ethereum ecosystem by layer 2 solutions.ETH benefits from ETF expectations and negative news related to competing blockchains.A pivotal development occurred on November 30th when the U.S. Securities and Exchange Commission (SEC) began the review process for Fidelity’s proposed spot Ether ETF…
Bitcoin (BTC) is up about 9% in November, with $38,000 proving to be a difficult hurdle to clear. Buyers repeatedly tried to keep the price above $38,000, but the downward trend remained firm. Historically, December has been a mixed month. Over the past five years, Bitcoin has risen only in 2020, but its gain of 46.92% has been impressive, according to Coin Glass data. The Bulls will try to replicate at least some of that performance this year.Entering the new year, several analysts were bullish on Bitcoin. Standard Chartered said in a research note on November 28 that the price…
Student loan debt is a reality of life for many college graduates. BitPay Bill Pay gives you the flexibility to pay your monthly student loan payment in cryptocurrency directly to your lender, using virtually any wallet and over a dozen major cryptocurrencies, right from the BitPay app or our website.Student loan repayment, which had been halted for more than three years due to the pandemic, has reared its ugly head once again and picked up right where it left off. But now you can easily repay your student loans with Bitcoin or your favorite cryptocurrency through the BitPay app. Read…