A new warning has emerged that Bitcoin (BTC) could face difficulties once it becomes the first spot exchange-traded fund (ETF) to be approved in the United States.in line On November 28 at X (formerly Twitter), Joshua Lim, head of derivatives at capital markets firm Genesis Trading, predicted a volatile start to 2024 for BTC price action.Bitcoin ETF Approved: Retail Could Be ResponsibleBitcoin is already a target for traditional finance, or “TradFi,” which is betting on a big win in spot ETF approval, Lim said.The thread explained CME Group’s Bitcoin open interest with data. “We know Tradfi experts/macro tourists are already…
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Assetclub unveils gamefi project with 1 million token airdrop: merging traditional finance with web3 – Chainwire housenewsroomAssetclub unveils gamefi project with 1 million token airdrop: merging traditional finance with web3 We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access…
Key Takeaways Cryptocurrency markets have been weak since the beginning of the week, with Bitcoin and other major cryptocurrencies trading in the red zone. which rememberer Pre-sales have reached a new milestone and are set to go even higher. Bitcoin and altcoins are underperforming. Bitcoin and altcoins have underperformed over the past few days. BTC has lost more than 1% of its value in the last 24 hours. At the time of reporting, bitcoin price That’s $36,912 per coin. Major altcoins including Ether, BNB, Solana, ADA, DOGE, and TRX have all lost more than 2% of their value in the…
Binance’s Japanese arm plans to nearly triple the number of cryptocurrency tokens listed on its platform. A Japanese cryptocurrency exchange has announced that it will soon offer 100 cryptocurrency assets for trading. The exchange plans to cooperate with local exchanges and market makers to secure liquidity. Binance Japan also plans to register a company to broker fiat-backed stablecoin transactions. Binance Japan is reportedly planning to triple the number of cryptocurrency assets available on its trading platform. The Japanese branch of the world’s largest cryptocurrency exchange plans to soon increase the number of cryptocurrency tokens listed on its platform from 34…
Last week, the Reserve Bank of India updated its warning list of unauthorized forex trading platforms and added 19 new entities, including: black bullAdmiral Market, Easy Markets, Enclave FX, Finowiz Fintech, FX SmartBull, Fx Tray Market, Forex4you, Growing Capital Services, HF Markets, HYCM Capital Markets, JGCFX, PU Prime, Real Gold Capital, TNFX, Ya Markets, Gate Trade, right away. Marketplace and GoDo FX. RBI had taken a similar step in February 2023, when the central bank updated its list of unauthorized forex websites and apps, which included 34 forex trading platforms. The updated list consisted of 48 names, including: Avatrade, PepperstoneFP…
Every true blockchain project that leverages artificial intelligence has 100 coins. Magazine spoke with Near founder Illia Polosukhin, Framework Ventures founder Vance Spencer, MakerDAO founder Rune Christensen, Quantstamp’s Richard Ma, Casper’s Ralf Kubli and others to explore real-life, not overhyped, use cases for AI in cryptocurrency and blockchain. We will be releasing one real-world use case of AI in cryptocurrency every day this week. This includes why you shouldn’t believe the hype. AI can help run DAOs MakerDAO is creating an Atlas of the entire project to support AI governance (Maker). The decentralized autonomous organizations that exist today are a…
join us telegram A channel to stay up to date on breaking news coverage Every day we review a few of our picks: Best Cryptocurrencies to Buy NowBased on the latest market trends, blockchain news and trend narratives. It is noteworthy that stablecoins, designed to maintain fixed value and mitigate volatility, have emerged as a dominant force. 24 hours trading volume The current value of stablecoins is $45.57 billion, accounting for 92.34% of the total cryptocurrency market size. Best Cryptocurrencies to Buy Now It is important to approach these indicators from a neutral perspective while acknowledging the volatility of the…
Posted 1 minute ago In ~ Cryptocurrency startup Econia Labs has launched an on-chain order book. apartment appropriate + Mainnet said in a statement.Econia Labs, which raised $6.5 million in a seed round led by cryptocurrency venture fund Dragonfly earlier this year, launched on mainnet after an initial testnet competition. During the testnet phase, more than 1,000 traders from 68 countries participated, according to the company’s website.Econia implements an atomic matching engine that leverages Aptos’ sub-second finality to clear transactions the moment they are made, according to the company.The team said the goal is to serve traders who want to…
We are excited to announce that Kraken now supports deposits and withdrawals. Ethereum (ETH) in the zkSync era! What is zkSync Era? zkSync Era is an Ethereum virtual machine compatible layer 2 rollup protocol from Matter Labs. Previously known as zkSync 2.0, the project was rebranded as zkSync Era in February 2023. ZkSync Era uses zero-knowledge (ZK) rollups to significantly improve Ethereum’s transaction throughput capabilities and lower fees. Era ZK Rollup works by batching transactions and validating them off-chain (separate from Ethereum’s blockchain). The operator generates a single cryptographic proof, known as a compact non-interactive argument of knowledge (SNARK), for…
Written by Matteo Greco, Research Analyst at Fineqia International, a listed digital asset and fintech investment firm. (CSE:FNQ). When analyzing BTC supply, approximately 68.5% of the total circulating supply has remained untouched for at least a year, close to its highest level. Additionally, BTC’s hash rate, which represents the computing power of the blockchain network, reached an all-time high on a 7-day moving average. These statistics highlight Bitcoin’s resilience. The number of long-term holders is increasing, reflecting the trend of holding assets for long-term appreciation rather than speculative purposes. At the same time, the growing competition among miners, despite mining…