MicroStrategy Chairman Michael Saylor recently highlighted the potential impact the upcoming spot Bitcoin ETF will have on the market. In a Bloomberg TV interview, Saylor argued that this development, parallel to the introduction of the S&P 500 ETF, could be the most significant development on Wall Street in 30 years. According to Saylor, mainstream investors have been lacking a “high-bandwidth” compatible channel for investing in Bitcoin, a gap that Bitcoin ETFs are poised to fill. “Spot Bitcoin ETFs may be the biggest development on Wall Street in the last 30 years.” michael sailor Saylor expects daily Bitcoin production to fall…
Author: Crypto Flexs
Read More
quick take Elastos has launched BeL2, a groundbreaking ‘Bitcoin rollup’ solution that elevates the digital currency to a layer 2 powerhouse. BeL2 enables smart contracts, giving Bitcoin holders the possibility to stake their assets, lowering transaction fees and eliminating the need for intermediaries. This innovation represents a significant step forward toward a more distributed and autonomous digital future. BeL2 has the potential to transform Bitcoin into a comprehensive layer 2 powerhouse. In a significant development for the blockchain and cryptocurrency world, Elastos today announced the launch of BeL2, an innovative ‘Bitcoin roll-up’ solution with the potential to transform the digital…
The cryptocurrency analyst who correctly called the bottom of the Bitcoin (BTC) bear market in 2018 is bullish on the altcoin running on the Ethereum (ETH) network. Chainlink (LINK) is flashing multiple bullish reversal signals on the 8-hour chart, pseudonymous analyst Bluntz told his 232,400 followers on social media platform X. Analysts predict that LINK could rise to levels last seen in January 2022. “Okay, LINK swept $13.9 one last time and created the fifth wave of C and also created a beautiful high time frame bullish divergence. I believe this is a major wave currently at the 4th low.…
October 31st Bitfinex partners with Torogoz Dev to fund Bitcoin and Lightning developer training. Road Town, British Virgin Islands – October 31, 2023 – Bitfinex (https://www.bitfinex.com/), a next-generation digital asset trading platform, celebrated the 15th anniversary of the publication of the Bitcoin White Paper by announcing a new collaboration with Torogoz Dev, an educational program based on El. Salvador focuses on providing Bitcoin technical education and Lightning Network development. Following El Salvador’s historic decision to declare Bitcoin legal tender in 2021, there is significant demand for educational resources and training to increase understanding of how to use and develop Bitcoin…
Alkimi launches mainnet, bringing a $600 billion industry on-chain – Chainwire housenewsroomAlkimi launches mainnet, bringing a $600 billion industry on-chain We use cookies to make your experience on Chainwire’s website better. 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 a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for…
Britain’s Chancellor of the Exchequer said he would investigate claims that licensed cryptocurrency companies are having difficulty opening business accounts in the UK.On Tuesday, UK Chancellor of the Exchequer Jeremy Hunt agreed to meet with Treasury and Economic Affairs Secretary Wim Apolami to discuss the issue. Hunt responded: question This is what Lisa Cameron, chair of the Cryptocurrency and Digital Assets All-Party Parliamentary Group, raised about the challenges facing licensed cryptocurrency companies in the UK.Hunt responded that he would arrange a meeting with the British Treasury to investigate. He also took the opportunity to say that “the UK, and London…
Ethereum has followed Bitcoin’s general trend over the past few weeks, with the asset ETH price has also declined compared to the 2023 high. Following this price drop, a worrying pattern, known as a descending wedge pattern, appeared on the ETH chart. This was revealed by cryptocurrency analyst Alan Santana, who painted a bleak picture of what this means for Ethereum. Ethereum falling wedge pattern is bearish In an analysis published on the TradingView website, Alan Santana explains that the emergence of this descending wedge pattern does not bode well for the Ethereum price. Clearly, the ETH chart formed a…
Lisk decided to utilize the Ethereum network after learning that more than 90% of user transaction fees on the L1 platform were Ethereum-based. LISK, an open source blockchain network and platform for decentralized applications (dApps), announced its decision to join the Ethereum ecosystem as a layer 2 (L2) platform. According to the official blog post, Lisk is building its upcoming ecosystem based on Gelato’s Rollup and powering it with Optimism’s OP stack. Why Lisk is integrating Ethereum The move grew out of research conducted earlier this year as it attempted to expand its product roadmap. This study included deep insights…
join us telegram A channel to stay up to date on breaking news coverage As the end of 2023 approaches, certain cryptocurrencies are showing bullish trends and some are offering attractive investment prospects. Making smart investment decisions can be the foundation for accessing unparalleled opportunities in the cryptocurrency space. As we enter the coming year, the cryptocurrency industry promises continued excitement and opportunity for those prepared to navigate its complexity. Investors should keep an eye on emerging projects, market analysis, and expert insights to strategically position themselves in the volatile cryptocurrency space. In this article, we’ll take a look at…
reporter Posted on: December 20, 2023 Last week, nearly 60% of all transactions created on Arbitrum were linked to Inscriptions. Users had to pay much less for the inscriptions. Layer 2 (L2) blockchain Arbitrum (ARB) has seen a sharp increase in network activity over the past few days. Daily trading of scaling solutions hit a new all-time high (ATH) on December 16, according to on-chain analytics firm IntoTheBlock. Source: IntoTheBlock Inscription Powers Arbitrum’s On-Chain Traffic According to the Dune dashboard scanned by AMBCrypto, EVM Inscriptions, which are similar in concept to Bitcoin Ordinals, have led to a surge in on-chain…