reporter Posted on: December 10, 2023 Ethereum developers postpone Cancun upgrade. The price of ETH was unaffected and continued to grow. As the price of Ethereum (ETH) soared, interest in the network also increased. However, this improving sentiment may soon come crashing down due to new development updates in Ethereum. slight delay They recently decided to delay deploying the Cancun upgrade. This was done when Ethereum developers recently met at their 176th meeting to discuss upgrades to make Ethereum better. They are currently testing the Cancun/Deneb upgrade to make Ethereum more efficient and secure. We plan to go live on…
Author: Crypto Flexs
It appears that BlackRock and Grayscale recently met with the Securities and Exchange Commission (SEC) to discuss approval requirements for spot Bitcoin ETF applications.Coinbase, which offers both Bitcoin custody and Bitcoin brokerage products, has been proposed as a custodian for the Bitcoin assets of several ETF applicants. BitGo CEO Mike Belshe recently raised concerns about Coinbase’s dual role as exchange and custodian. While his position clearly aligns with his own interests, since BitGo is a custodian and not an exchange operator, Belshe warned that Coinbase’s dual role could result in the SEC rejecting such applications.Despite these concerns, analysts are confident…
Meme Coin has seen significant gains over the past month, increasing $6.7 billion, or 39.18% since November 8. While bonk (BONK) is leading the pack, up 153% against the US dollar last week, there are also several other meme coins such as dogecoin. , Shiba Inu, Pepe recorded a double-digit increase.advertising Explosive growth in the Meme coin sector as market capitalization reaches $23.8 billion The meme coin economy is now worth $23.8 billion, $6.7 billion more than the $17.1 billion recorded 30 days ago. Nine of the top ten meme tokens have seen double-digit gains over the past week.…
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Asset manager VanEck filed its fifth amendment application for a spot Bitcoin (BTC) exchange-traded fund (ETF) on December 8.Depending on the An amended filing with the U.S. Securities and Exchange Commission (SEC) on Form S-1 to the regulator’s database highlights updates to the VanEck Bitcoin Trust. Spot Bitcoin ETFs are investment vehicles that allow people to purchase shares in a fund that tracks the price of Bitcoin.The VanEck ETF is now expected to be listed under the ticker “HODL.” This is either a misspelling of “hold” or an abbreviation for “hold on for dear life.” Bitcoiners use this phrase to…
On-chain data showed growing sentiment among investors to hold Bitcoin. Bitcoin has been on the rise since the beginning of this month, breaking a new yearly high. At the same time, CryptoQuant’s exchange data allows cryptocurrencies to Preparing for a continued upward trend. According to an on-chain analytics platform, Bitcoin’s exchange supply, or the amount of money that can be purchased on exchanges, has fallen to its lowest level since 2017. Exchange supply falls to lowest level in 6 years The Bitcoin market is flashing bullish signals that are correlated with expectations for spot Bitcoin ETF applications. CryptoQuant’s chart of…
The cryptocurrency market is currently witnessing interesting changes, with players such as Solana (SOL), Dogecoin (DOGE), Avalanche (AVAX), and the emerging Scapesmania making significant progress. While Bitcoin (BTC)’s rise stalled, altcoins such as Ethereum (Ether) and Solana (SOL) surged to their highest levels in 19 months. This change signals growing interest in altcoins and is potentially indicative of a broader market trend. In particular, Solana (SOL) showed significant gains, reaching its highest level since May 2022. This upward trend in the altcoin market, especially Solana (SOL) and Dogecoin (DOGE), suggests optimistic sentiments among traders and investors as we approach the…
Posted 1 minute ago In ~ Tether, the developer of the world’s largest stablecoin, has frozen the wallets of individuals sanctioned by the U.S. Office of Foreign Assets Control (OFAC), the company announced today. In an announcement, Tether framed the move as a “voluntary measure to proactively prevent potential misuse of Tether tokens and strengthen our security measures,” and stated that existing wallets on OFAC’s list will be frozen along with any new wallets added in the future. . The move appears to be one of the first major moves by CEO Paolo Ardoino, who took over as the company’s…
The world of cryptocurrency has experienced an incredible journey over the past decade. Cryptocurrency, which started as a niche technology, has developed into a global phenomenon that has sparked interest among investors, governments, and the general public. In this article, we will explore cryptocurrencies’ transformational journey from skepticism to support, and delve deeper into their potential and implications for the future. If you are looking for a training company, please consider visiting. automatic amount profit.Skeptic’s PerspectiveInitial skepticism and misunderstandingInitially, cryptocurrencies faced skepticism and misunderstanding. Many have dismissed it as a fad or a tool for illegal activity. There was a…