Despite Vanguard and State Street’s decision to abstain, the SEC still faces an important deadline in early January when it must announce its decision on the first Bitcoin ETF. Anticipation surrounding the possible approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has reached a peak. But amid this frenzy, two major players in the ETF industry, Vanguard Group and State Street Corp (NYSE: STT), have conspicuously decided to sit on the sidelines. While industry giants like BlackRock Inc (NYSE: BLK) and Grayscale Investments LLC are eagerly awaiting regulatory approval, Vanguard and State Street have taken a…
Author: Crypto Flexs
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After securing a $3.6 million seed funding round, decentralized finance (DeFi) platform Curvance has emerged from stealth mode. Positioned as the “everything app” for decentralized finance, lending, and borrowing, Curvance seeks to solve the problem of fragmentation across different chains and protocols. Curvance to resolve Defi fragmentation The seed round, held on December 5, garnered support from more than 20 decentralized autonomous organizations (DAOs) and prominent developers. Notable contributors from over 20 decentralized autonomous organizations and prominent developers. Among the backers were Offchain Labs, developer of Arbitrum, a cross-chain messaging platform Wormhole, and angel investors including Sandeep Nailwal, co-founder of…
Over a four-day period, wallets linked to cryptocurrency trading firms FTX and Alameda Research moved $23.59 million worth of digital assets to top cryptocurrency exchanges.Spot On Chain, a blockchain analytics company After tracking these movements, we estimate that the defunct entity has transferred $591 million using 59 different cryptocurrency tokens since October 24th.Wallets connected to FTX include a total of 19 tokens, including 3,150 Ether (ETH) worth $6.8 million, Aleph.im (ALEPH) worth $6.41 million ($59.6 million), Curve DAO (CRV) tokens ($2.48 million), and Avalanche ($990,000). Latest transfers of $23.59 million were spread across . (AVAX) and Chainlink (LINK) at $848,000.…
Bitcoin BTC -0.84% The price of was 6.6% higher during the stock market opening this week, but the recent rise in coin prices has not affected all cryptocurrency-related stocks equally.Here’s how stock market returns stacked up for the best cryptocurrency stocks last week. Small-scale miners have benefited greatly.The winners this week appear to be smaller Bitcoin mining companies Bitfarms (up 46.2%) and Core Scientific (up 43.5%), handily outpacing Bitcoin’s gains. Argo Blockchain and Terawulf also recorded small gains of 31% and 20% respectively this week, according to data from TradingView. However, not all small miners achieved the same results. Cipher…
In the complex world of financial markets, choosing the right online trading platform is important. There are numerous programs out there, each offering unique benefits, but it can be easy to feel overwhelmed. It is important to find a platform that suits your trading goals and preferences.Bullxm: A famous name in online tradingBullxm It stands out as one of the most popular and reputable trading applications. This web-based trading tool simplifies access to the international CFD markets, making it an ideal choice for those looking to take advantage of the favorable trading conditions on offer. With real-time updates and the…
Cryptocurrency analysts have identified indicators that could suggest: Cardano (ADA) The price is set so that you can enjoy parabolic movement. This is given as: altcoin Leading others as top gainers in the last 24 hours. When this happens, the ADA is on its way. in post Crypto analyst Tyler Strejilevich commented on his X (formerly Twitter) platform: ADA is set to record its first bullish weekly crossover since June 2020. The last time this happened, the cryptocurrency token was said to have risen 6,000% in a period that lasted over a year. This indicator appears to indicate very bullish…
Dogecoin (DOGE) price gains in the United States began to decline on Wednesday morning after internet entrepreneur Elon Musk revealed that his artificial intelligence business, xAI, was not raising funding. DOGE lost some of its gains after rising 14% the previous day and was down $0.10, or 1.1%, in the final hours. Dogecoin’s upward trend was immediately halted when Musk revealed that his AI startup would not seek further investment. Questions about the long-term impact of this DOGE design on the well-known cryptocurrency have been raised after something unexpected happened among investors. Musk’s AI business announcement Elon Musk made a…
join us telegram A channel to stay up to date on breaking news coverage Newly released cryptocurrency assets It can provide buyers with a higher return on investment (ROI). Today, we reviewed various new coins on the market. Cryptocurrency markets are relatively optimistic today. In particular, despite being the last day of the week, 24-hour global cryptocurrency trading volume reached $65 billion. Improved market prospects are fueling the influx of new cryptocurrency projects. New cryptocurrency launches, listings and pre-sales today One of the latest innovations in the industry is the move to disrupt the Bitcoin mining sector through cloud computing…
The US SEC’s lawsuit against Binance has been strengthened by a $4.3 billion legal settlement between the company, the Justice Department, and other US agencies. The SEC has nothing to do with this settlement, but plans to take legal proceedings against Binance, the world’s largest cryptocurrency exchange.The ongoing legal battle against BinanceOn December 8, the SEC asked a federal court in Washington, D.C., to review the admissions made as part of a legal agreement signed on November 21 by Binance and its former CEO Changpeng Zhao. The SEC filed a lawsuit against Binance and Binance in June. Zhao accuses them…
Here’s the update: Ethereum Foundation Researcher Marcus AM. Hello 👋, my name is Marcus and I am a researcher and builder from Guatemala. EF Fellow. An optimist, I am a leader in leveraging social, cultural and technological innovations to create a better society. This is a belief I have had since I was young. Guatemala: A country of challenging opportunities As a child, I spent weekends with my father visiting many of Guatemala’s most desolate villages. At the time, he was running a non-profit organization whose mission was to provide last-mile medical care and establish educational programs. The community we…