Nine new spot Bitcoin exchange-traded funds have amassed more than 300,000 Bitcoin as assets under management in less than two months. And so far, US-based Coinbase has been the primary cryptocurrency exchange mandated to act as custodian for issuers offering these new investment products.But now Kraken, a California-based rival of Coinbase, appears to want to challenge the status quo.Kraken announced its new institutional brand on Tuesday, saying it wanted to mitigate the risk of relying on one company to provide most of the custodial services for identifying Bitcoin ETF issuers.“The approval and subsequent launch of the Bitcoin ETF has only…
Author: Crypto Flexs
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London, UK, February 26, 2024, Chainwire Launches March 1st at 9AM PT on OpenSea.io ElmonX is proud to announce the release of ‘The Scream’ by Edvard Munch. Digital collectibles platform ElmonX has revealed its collaboration to release one unique drop licensed from Bridgeman Images. The Epitaph, 1895 (lithograph), Edvard Munch (1863-1944) / Art Institute of Chicago, Illinois, USA / Bridgman Image. Key information about the medium: Public Sale: Friday, March 1st at 9AM PT Price: 0.075 Eth (purchase limit 3 per wallet) Edition: 780 (36 reserved) License: Bridgeman Image available: Worldwide on OpenSea.io Previous NFTs released through ElmonX include iconic…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is award-winning Media outlets covering the cryptocurrency industry. Journalists must: Strict editorial policy. November 2023, Acquired CoinDesk Owner of Bullish Group stress, Regulated digital asset exchange. Bullish Group is majority owned by: Block One; both companies understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect journalistic independence. CoinDesk offers stock options from the Bullish group as part of their compensation to all…
Risk management plays an important role in the decentralized finance (DeFi) ecosystem as it helps protect investors’ assets and maintain the stability of the platform. However, there is an ongoing debate between supporters of paternalism and those who believe in the invisible hand of the market. Paternalism in Risk Management Proponents of paternalism argue that a centralized approach to risk management is needed to protect investors from risky decisions that could result in significant losses. They believe that regulators and governance mechanisms should enforce strict rules and restrictions to prevent reckless behavior and ensure the safety of the DeFi ecosystem.…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEETFs have become a hot topic in the cryptocurrency world after the U.S. Securities and Exchange Commission (SEC) approved applications for a multi-spot Bitcoin…
RippleX announced that Chief Technology Officer (CTO) David Schwartz will present Ripple’s 2024 blockchain strategy at ETH Denver, with a focus on improving interoperability, integrating Ethereum Virtual Machine (EVM) capabilities, and Ripple’s strategic vision. Blockchain Initiative. The presentation, scheduled for 12:30 PM (GMT-7) on February 27, is part of ETH Denver’s broader XRPL Zone, which aims to serve as a convergence point for developers, investors and blockchain enthusiasts interested in the XRP Ledger. Aim. (XRPL) project. Major Ripple announcement from XRPL today? A statement released by RippleX on X (formerly Twitter) highlighted the importance of the upcoming fireside chat. “Dive…
Always outspoken, Justin Sun seems eager to convince the world that he actually uses the HTX cryptocurrency exchange.On Tuesday, Sun went to Apparently, Sun posted this image in response to suggestions that he doesn’t use HTX often, despite serving as a global advisor to the company.“My personal HTX account balance (for those of you who say you don’t use HTX much)”, Sun Posted in. “Personally, I use almost all major exchanges and am a supporter of them. But when someone says I rarely use HTX That would be inaccurate. I am a heavy HTX user. “My personal use of HTX…
MSTR is a timely play on the BTC halving. Start with purchase: BenchmarksBenchmark believes MicroStrategy (MSTR) has a unique business model focused on acquiring and holding Bitcoin, which accounts for the majority of the company’s value. The company has a Buy rating and $990 price target on MSTR stock. They expect Bitcoin prices to rise higher due to the launch of spot Bitcoin ETFs and the reduction in supply due to the halving. MicroStrategy’s software business provides stability and generates cash flow to purchase more Bitcoin. The company recently purchased an additional 3,000 bitcoins, bringing its total holdings to 193,000…
Dormant Ethereum addresses came to life in the final days to take advantage of the price surge that rocked the digital asset. The wallet, which had seen no activity for nearly a decade, made its first transaction after the price of ETH rose above $3,200. Considering that these investors have held for the past few years, are they ready to sell? Dormant pre-mined Ethereum addresses are awakened Whale Alert, an on-chain data tracking platform, reported that a dormant Ethereum address was awakened in the early hours of Tuesday. The address in question is a pre-mined address, meaning it existed before…
There is unparalleled excitement in the blockchain world and beyond ahead of the launch of the most awaited real-world asset (RWA) in Web3 history, creating a buzz that cannot be ignored. This excitement, which we are witnessing for the first time in history, is well established. Global celebrities are leveraging the power of blockchain to mobilize people around the world and inspire them to support the monumental planetary movement. Lionel Messi, one of the greatest soccer players of all time, is gearing up for the launch of PLANET’s game-changing “Join the Planet” RWA on March 1, 2024. With the grand…