Talk of altseason still dominates the cryptocurrency community despite the market decline. However, most analysts agree that this is not the case yet and this may be the last chance to buy the dip. Altcoins are currently in retreat, which may provide more opportunities to load in before the alt season. Altcoins by The Cusp Analysts are paying renewed attention to altcoins following a recent rally that pushed the overall market capitalization to $1.5 trillion, the highest in 18 months. “It’s not alt season yet,” said cryptocurrency trader Jacob Canfield on November 27. He commented on the decline in Bitcoin…
Author: Crypto Flexs
Read More
Brian Armstrong’s US cryptocurrency exchange sent an email to some users regarding a court subpoena it received from the CFTC regarding rival platform Bybit. Coinbase, the largest U.S. cryptocurrency exchange, is responding to a subpoena it received from the Commodity Futures Trading Commission (CFTC) in connection with the regulator’s investigation into Bybit, a Dubai-based digital asset trading venue. An email was sent to selected customers. notice Posted Coinbase customers took to social media to explain that the exchange may submit information about certain accounts and transaction history in accordance with U.S. law. No action is required on your part, but…
Arthur Hayes believes that China’s monetary authorities are preparing to pump credit into the country’s economy, which in turn will strengthen Bitcoin and the wider cryptocurrency market.“Let’s see how the Middle Kingdom throws gasoline on the raging fire of the nascent cryptocurrency bull market,” the BitMEX co-founder said in a blog post on Monday.Hayes described a confluence of factors that could lead China to “flood the world with yuan credit.” He explained in his blog post how these capital inflows could push Bitcoin higher. Interaction between the US Dollar and the Chinese YuanMaelstrom CIO and former BitMEX CEO explained how…
Traditionally, using CHECKMULTISIG to generate n-of-n multi-signatures means publishing a proportional number of signatures and public keys on the blockchain to the signers of the transaction. Not only does this approach reveal the total number of participants in the transaction, but transaction fees become progressively higher as the number of signatories increases. MuSig, on the other hand, allows a group of users to jointly generate a single signature and public key to verify transactions, increasing privacy and lowering transaction costs for all signers involved. When MuSig was first introduced in 2018, its main drawback compared to CHECKMULTISIG was the user…
Changpeng Zhao, commonly known as “CZ”, has stepped down from his position as Chairman of the Board of Directors of Binance.US. Binance.US’ recent announcement of Changpeng Zhao, known as “CZ”, stepping down as Chairman of the Board signals a significant moment in the cryptocurrency sector. the company decided, “As (Zhao) transitions to life after Binance, he has decided to step down as Chairman of the Board and transfer his voting rights through a proxy agreement.” The move comes amid regulatory scrutiny and market uncertainty in the cryptocurrency world. Binance.US emphasized its operational independence from Binance.com, saying, “We operate independently of…
Polygon Labs announced that Google Cloud is now a validator for the Polygon PoS network. The new validator provides “the same infrastructure” that supports YouTube and Gmail. Google Cloud recently joined Deutsche Telekom. Polygon Labs presentation Google Cloud is now officially a validator for the Polygon PoS network. The company revealed the development in a post on X on September 29th. Google Cloud joins Polygon’s checker Google’s cloud computing platform joins more than 100 validators from the leading Ethereum layer 2 network, according to Polygon Labs. “A trusted, security-conscious, high-quality validator like Google Cloud provides an additional layer of security…
On Monday, Ethereum founder Vitalik Buterin outlined his views on “technological optimism,” inspired by Marc Andreessen, who opined about AI in his Technological Optimism Manifesto last October. I reflected. While Buterin agreed with Andreessen’s positive outlook, he also noted the importance of how AI is developed and the future direction of the technology.Buterin acknowledged the existential risks of artificial intelligence, including leading to human extinction.“This is an extreme claim. “There are many islands of civilization that remain unscathed by the worst-case scenario of climate change, man-made pandemics, or nuclear war.” said.“But if a superintelligent AI decides to turn against us,…
Dan Tapiero also shared insights on his bullish Bitcoin price prediction, emphasizing the cryptocurrency’s role as a monetary network and immutable distributed ledger. Bitcoin has been flirting with the $37,000 level for some time, leaving investors confused as to what’s next direction. Long-term investors continue to remain optimistic about the future. Some believe there has never been a better time to be bullish on BTC, with the first Bitcoin ETF set to launch in the US in early January 2024. In a recent interview with TheStreetCrypto’s Natalie Brunell, prominent macro investor Dan Tapiero shared his optimistic outlook. Potential price rise…
reporter Posted on: November 28, 2023 Over the past two months, there has been a steady flow of funds into cryptocurrency-based investment products. Ethereum’s month-long inflows have nearly dwarfed all outflows recorded so far this year. Digital asset investment products recorded an inflow of $346 million last week. This represents the largest single weekly inflow in nine consecutive weeks ever recorded, digital asset investment firm CoinShares said in a new report. report. According to the report, the surge in fund inflows last week was due to expectations for the launch of a U.S. spot-based ETF. CoinShares found that last week’s…
summary Applying traditional approaches to asset inheritance to digital assets introduces complexity and risk. Among the greatest risks (1) Create an up-to-date inventory of your digital assets, failing which your assets will become inaccessible. (2) Entrusting your credentials to access your digital assets to a third party. If you choose the wrong person, that person You may lose your assets, transfer them to unauthorized third parties, or attempt to access them before you are authorized to do so.. Risks of Using Traditional Approaches to Inheriting Crypto Assets traditional approach1. Select a beneficiary.2. Write instructions for how this person will have…