Starting Monday, Google will update its advertising policies to allow certain cryptocurrency products to be advertised on its platform. These developments have the cryptocurrency community speculating about the potential impact on spot Bitcoin ETFs, given Google’s extensive reach and high search volume.Google changes its policy #Bitcoin ETF advertising begins on January 29th. Google processes 100,000 searches per second 🤯 Bitcoin will have unprecedented levels of institutional and retail exposure. Prepare accordingly— ₿itcoin Therapist (@TheBTCTherapist) January 25, 2024 Google’s Revised Cryptocurrency Advertising PolicyIn December 2023, Google announced plans to revise its cryptocurrency and related advertising policies to allow advertising from ‘advertisers…
Author: Crypto Flexs
Arthur HayesThe former CEO and co-founder of cryptocurrency exchange BitMEX predicted how low Bitcoin could go: recent decline. Hayes also revealed two altcoins to invest in if the current Bitcoin bottom occurs. Bitcoin will still fall to $33,600. his most Recent Blog PostsHayes hinted that Bitcoin would experience a 30% correction. Spot Bitcoin ETF The highest approved amount is $48,000. If so, the price of the flagship cryptocurrency token is expected to fall to $33,600. Accordingly, Hayes believes that BTC will subsequently form support between $30,000 and $35,000. BitMEX Co-Founder He said he was preparing for that to happen and…
📣 Last chance to practice Genesis before mainnet 📣 tl;dr Announcement of Spadina Launchpad As of today, Spadina Launchpad Live streaming 🎉 If you’re unfamiliar, Spadina is a fast-fired eth2 testnet that launched on September 29th and has a 3-day lifespan. If you are interested in testing deposits and genesis chops one last time before mainnet launch, Spadina is for you. Submit your deposit today! Please confirm Quick update from last week For more information on what Spadina is and why, see here. if this is yours first Check out the eth2 testnet. EthStaker Discord For tips and discussion. From…
Solana’s native token, SOL, was listed on the market at $87.16, up $8.845 in the last 24 hours. This reflects a decline of 21.92% over the past 30 days. In other words, the Christmas season means a meaningful autumn. Since then, the token has experienced some turmoil. SOL has just passed the $100 milestone and has also reached a base of $80.31. Resistance levels have been drawn around $111, which is expected to remain there beyond the first date of the year. The highest SOL price is $116.1 on January 1, 2024. Now that the cryptocurrency market is collapsing, there…
Cryptocurrency crackdowns by the U.S. Securities and Exchange Commission (SEC) will surge in 2023, with more than 50% more cryptocurrency-related enforcement actions compared to 2022, according to a new report. The report said securities regulators “have made cryptocurrency-related enforcement a top priority and have taken 46 enforcement actions against various digital asset market participants.”advertising SEC prioritizes cryptocurrency enforcement Cornerstone Research published a report this week titled “SEC Cryptocurrency Enforcement,” revealing that the SEC’s focus on digital asset enforcement hit new highs last year. “The Securities and Exchange Commission (SEC) continues to consider cryptocurrency-related enforcement a top priority, resulting in 46…
The native altcoin for a little-known public blockchain project surged more than 20% on Friday, outpacing most cryptocurrency markets. Conflux (CFX) is a hybrid proof-of-work and proof-of-stake chain that claims to be “China’s only compliant, public, and permissionless blockchain.” The web3 project, which says it is suitable for both decentralized finance (DeFi) and gaming, aims to bridge the gap between Western and Asian markets in line with its mission to “catalyze the borderless economy.” CFX is trading at nearly $0.227 at the time of this writing, up from $0.185 on Thursday. The 88th-largest cryptocurrency asset by market capitalization is up…
Bitcoin recently surged past $42,000. Traded below $40,000 for a few days. This market recovery is believed to be the result of a variety of factors, including: Recent revelations about the U.S. economy. Macroeconomic factors contributing to the recent Bitcoin surge The personal income expenditure (PCE) price index is Key inflation indicatorsReleased on January 26th, reported It was probably lower than expected. This suggests that inflation in the United States is subsiding, and experts predict that the Federal Reserve will likely scale back its aggressive monetary policy. The Federal Reserve’s hawkish stance is known to be as follows: Negative impact…
Cryptocurrency has become a hot topic in recent years with many new coins appearing. One coin that has captured the attention of investors and enthusiasts alike is PhoenixCoin. With its unique features and promising potential, PhoenixCoin is considered a game-changer in the world of digital currencies. What is Phoenix Coin? PhoenixCoin is a decentralized digital currency that aims to provide a secure, private and fast way to transfer value globally. The coin is built on unique blockchain technology that ensures transparency and immutability of transactions. PhoenixCoin’s focus on privacy and security makes it stand out from other cryptocurrencies on the…
Ripple (XRP) appears to be laying the groundwork for a future XRP exchange-traded fund (ETF). A recent job posting for Ripple’s Senior Manager of Business Development lists the key responsibilities as “driving cryptocurrency-related ETF initiatives with the insider trading team and relevant partners.” This has led some in the cryptocurrency community to wonder whether blockchain payment companies are adapting their strategies to the evolving cryptocurrency landscape. These developments have surfaced as Ripple navigates its way through a high-profile legal battle with the U.S. Securities and Exchange Commission (SEC), which many believe will eventually lead to clearer regulations for cryptocurrency ETFs…
Illustration by Mitchell Preffer for Decrypt.Bitcoin (BTC) I had a depressing week after that. Historical Approvals and Transactions It is one of several cryptocurrency exchange-traded funds (ETFs).Largest cryptocurrency by market capitalization fell hard next monday For Sale That’s according to digital asset fund manager Grayscale. The virtual coin fell below $40,000 ($38,678) on Tuesday but slowly recovered as the week went on. It is currently trading at $41,830 according to CoinGecko data. showA movement of less than 1% over 7 days. Before Grayscale’s Bitcoin ETF began trading, it operated like a closed-end fund, with investors unable to redeem their shares…