Bitcoin Realized Cap has hit a new all-time high (ATH) following the recent rebound in the cryptocurrency price, according to on-chain data. Bitcoin Realized Cap just hit a new high. CryptoQuant founder and CEO Joo Ki-young explained: post At X, Bitcoin realization limit sets a new record. “Realization limit” is simply an indicator of the total amount invested by an investor in cryptocurrency. This capitalization model differs from typical market caps, which calculate the total value of an asset by equating the price of each coin in circulation to its current spot value. Instead, Realized Cap sets the value of…
Author: Crypto Flexs
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According to Elie Le Rest, CEO of Colony Lab, large institutions will only fully embrace decentralized finance (DeFi) if they are confident that counterparties will comply with sanctions and other international laws. This highlights a key barrier to widespread institutional adoption of DeFi: concerns about regulatory compliance. In the world of traditional finance, compliance has been a top priority for large institutions to avoid hefty fines and legal penalties. However, ensuring compliance can be more difficult in the decentralized and often anonymous world of DeFi. Le Rest suggests that counterparties in DeFi can demonstrate their commitment to following the rules…
Cryptocurrencies have revolutionized the way we think about finance and trading. One of the latest players in this emerging market is BillaryCoin, a digital currency that promises to change the game once again. What is BillaryCoin? BillaryCoin is a decentralized digital currency that operates on a blockchain network. It was created with the goal of providing a safe, private and efficient way for people to transact online. Unlike traditional currencies, BillaryCoin is not controlled by any government or financial institution. Key Features of BillaryCoin Decentralized: BillaryCoin is not controlled by any central authority, making it resistant to manipulation and censorship.…
mix mob, SolanaThe game-based gaming brand announced Thursday that it is adding the Stormtrooper character from ‘Star Wars: A New Hope’ as a character. NFT COLLECTABLE AND PLAYABLE CHARACTERS racer 1 game A game that combines racing and card-based strategy. But there are some interesting nuances to this licensing deal.The licensed character is actually the iconic Stormtropper from the original 1977 sci-fi film, but the deal wasn’t brokered by Disney or Lucasfilm or anyone representing them. Instead, a deal was struck with Shepperton Design Studios and original ‘Star Wars’ prop creator Andrew Ainsworth.Ainsworth designed the familiar white armored soldiers from…
The CBN said $26 billion was traded through Binance Nigeria from unknown sources, raising concerns over the depreciation of the naira and increased regulatory action. Nigeria’s financial landscape is facing a critical moment of reckoning as the Central Bank of Nigeria (CBN) recently announced that a whopping $26 billion worth of transactions were made through Binance Nigeria from unidentified sources in just one year. This disclosure was made by CBN Governor Olayemi Cardoso at the Monetary Policy Committee (MPC) meeting held in Abuja. This revelation comes at a tumultuous time for Nigeria’s currency, the naira, which is experiencing a significant…
reporter Posted on: February 29, 2024 With Ethereum (ETH) recently surging 16% last week, respected market analyst and TV host Jim Cramer predicted that Ethereum ETFs will be the next big thing. February 28th, Jim Cramer X (formerly Twitter) said he drew parallels between the rise of Bitcoin (BTC) and Ethereum’s $3,400 surge. “Given the success of the Bitcoin ETF, it is very clear that the Ethereum ETF will soon blossom.” Coinbase supports spot Ethereum ETF Further fueling the event, currency exchange Coinbase has formally petitioned the Securities and Exchange Commission (SEC) to authorize trading of the Grayscale Ethereum Trust…
Two major banks, Bank of America’s Merrill and Wells Fargo & Co, are reportedly currently offering physical Bitcoin exchange-traded funds (ETFs) to their customers. Banks are known to be offering this product not only to wealth management customers who request it, but also to customers with brokerage accounts. Banks jump into Bitcoin ETF amid price surge With the price of Bitcoin reaching record highs, two banks are planning to start offering the product, according to a recent Bloomberg report. This comes after BeInCrypto reported that nine of the recently launched spot Bitcoin ETFs have hit all-time highs. At the time…
The Bitcoin price appears to be on the verge of breaking its current all-time high (ATH) level. Cryptocurrencies have received a strong boost from the launch of spot Bitcoin exchange-traded funds (ETFs), which have officially registered institutions in the nascent sector. At the time of this writing, Bitcoin (BTC) is trading at around $62,900 over the past 24 hours, with a gain of 3%. Last week, the cryptocurrency registered a significant gain of 22%. It was one of the three biggest gainers in the top 10 by market capitalization, surpassing Solana (25%) and Dogecoin (57%) during the same period. The…
BitGo joins the Hedera Council and commits to strengthening the Hedera network through digital asset security and trust expertise. BitGo Trust Company Inc., a leader in digital asset trust and security, announced that it is joining the Hedera Council. This strategic partnership is set to strengthen the development and success of the Hedera network while fostering cutting-edge innovation in the digital asset space. Founded in 2013, BitGo has solidified its reputation as an industry pioneer, serving more than 1,500 customers in more than 50 countries around the world. Known for providing secure hot wallets and regulated custody cold wallets through…
SynFutures, a decentralized derivatives exchange focused on cryptocurrency perpetual futures trading, has launched its latest version, V3. Ethereum ETH -0.31% Layer 2 Blast mainnet launched earlier today.Perp DEX also launched a points rewards program today called Oyster Odyssey. SynFutures said V3 users are also eligible for the upcoming Blast airdrop.“By interacting with SynFutures, users will be eligible to receive Oyster Odyssey points and Blast points,” Rachel Lin, co-founder and CEO of SynFutures, told The Block. She added, “We are also committed to returning 100% of the Blast developer airdrops to our users, so they can enjoy many benefits.”A source with…