Crypto legal expert Jake Chervinsky expressed skepticism about approving an ETH ETF in 2024, highlighting the SEC’s political concerns and market volatility. ETH ETF’s uncertain future The cryptocurrency community’s hopes for the approval of an Ethereum exchange-traded fund (ETF) may have to temper expectations, as legal expert Jake Chervinsky casts doubt on the possibility of such a development this year. Despite the past success of Bitcoin ETFs, the Securities and Exchange Commission (SEC) faces political pressure and market instability that could sway its decision-making process. SEC’s Position on Cryptocurrency ETFs The SEC’s approval of a Bitcoin ETF has come under…
Author: Crypto Flexs
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Consensys CEO and Ethereum co-founder Joseph Lubin said the world is on the cusp of a generational paradigm shift driven by decentralization, as the world’s current monetary systems are failing.He made these remarks during a fireside chat at ETHDenver where he discussed his thoughts on what could drive the next supercycle in technology and finance.Rubin believes this shift will result in a “super cycle” for the cryptocurrency industry as monetary systems evolve and wealth is transferred to younger generations. He said:“The momentum is accelerating and we can’t stop it.”The need for a decentralized systemRubin paints a broad picture, drawing parallels…
Do you invest in Bitcoins? Do you hold other crypto coins apart from Bitcoin? Do you invest in Altcoins? Do you invest in Defi? Do you find those not so popular coins and invest in them? If the answer to any of the questions above is a resounding yes, you must have faced the issue of keeping track of the return from each coin or your existing portfolio valuation. If you are becoming a pro cryptocurrency trader, you also need something better than excel sheets to quickly analyze your cryptocurrency portfolio and take a call on buying/selling. As far as…
Multi-signature wallets have long been recognized as a cornerstone of cryptocurrency security. Provides improved protection against theft and fraud by requiring multiple private keys to authorize transactions. However, as the cryptocurrency landscape has evolved, so have the requirements for multi-sig solutions. Partially signed Bitcoin transactions (PSBT) have emerged as a game-changer not only for Bitcoin but also for altcoins. In this evolving environment, investment education firms play a critical role in providing comprehensive understanding and guidance. This article takes a closer look at the integration of PSBT with altcoin multi-signature wallets, exploring its importance, advantages, technical implementations, real-world use cases,…
With the possible approval of a U.S. spot Ethereum ETF, the upcoming Dencun upgrade, the expected launch of several scaling solutions, and the introduction of EigenLayer, Ethereum (ETH) rose to its highest value in 22 months and recorded its highest weekly close in 97 weeks. . In fact, ETH has surpassed the $3,000 level several times despite brief downtrends. This rise in the price of Ethereum, combined with significant ETH withdrawals from cryptocurrency exchanges, has created a strong supply crunch, potentially triggering an altcoin season. Interest in altcoins follows a surge in Bitcoin (BTC) dominance. Bitcoin (BTC) dominance reached a…
Binance, the world’s largest cryptocurrency exchange, Massive Token BurnWe have decided to burn over 2 billion LUNC per day. Binance Begins Massive LUNC Burn A new report from a member of the Terra Luna military has emerged from X (formerly Twitter). revealed Massive 2.2 billion LUNC burn initiated by Binance. Cryptocurrency exchanges burned approximately 2,243,572,668. away token Its value is approximately $321,301. Cumulatively, Binance executed Since May 2022, a total of 53.49 billion LUNC has been burned across 2,956 transactions. In early February 2024, cryptocurrency exchanges started the month with over 2.09 billion LUNC burns. At the beginning of the…
Bitcoin Dogs ICO Raises $5.7 Million with BRC-20 and Pioneering Bitcoin Gaming – Chainwire housenewsroomBitcoin Dogs ICO raised $5.7 million, pioneering BRC-20 and Bitcoin gaming. 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 expressly 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…
In today’s rapidly changing world, the concept of money is undergoing a paradigm shift with the emergence of universal currency. With the emergence of cryptocurrencies such as Bitcoin and Ethereum, the traditional concept of money is being challenged and reorganized. The future of money is no longer limited to physical cash or bank-issued notes. It is becoming increasingly digital, decentralized and borderless. Rise of Cryptocurrency Cryptocurrencies, digital or virtual currencies that use encryption for security, have attracted considerable attention in recent years. Bitcoin, the first and most well-known cryptocurrency, was created in 2009 by an unknown individual or group using…
Note: Due to security vulnerabilities, the Constantinople itinerary is being postponed. Please ignore the instructions in this blog post. Click here for more information.. The Ethereum network will undergo scheduled upgrades. Block number 7,080,000This is expected to occur in . Wednesday, January 16, 2019. The exact date may change depending on the block time and may become active 1-2 days or later. The countdown timer can be viewed here: https://amberdata.io/blocks/7080000. Network upgrades can be monitored in real time. http://forkmon.ethdevops.io/. What is Constantinople? Constantinople is the name given to this network upgrade. Previous network upgrades were given different names: fake dragon…
The little-known interoperability-focused altcoin hit a new all-time high after Binance announced it would list the asset. Axelar (AXL) is a programmable Web3 interoperability platform that aims to provide cross-chain communication between numerous blockchains. Describe the project’s website, “Unlike other cross-chain connectors, Axelar is a proof-of-stake blockchain. It can do everything blockchain can do. Transparent smart contracts built on Axelar automate the user’s path, reducing it to a single click. Permissionless tools reduce developer overhead.” The project’s underlying asset, AXL, is trading at $1.94 at the time of this writing, up almost 27% from its price 24 hours ago. The…