The Securities and Exchange Commission (SEC) on Tuesday received new feedback from the public on whether it should approve or disapprove a spot Bitcoin ETF requested by asset manager Franklin Templeton, just weeks after first delaying a decision on the proposed fund. He stated that he wanted to. The move has some analysts noting that regulators appear to be moving quickly. The SEC said it wants more analysis and is “initiating proceedings” to do so. Regulators asked commenters Tuesday about the fund’s relationship with Coinbase, which would serve as custodian if the ETF wins approval, as well as concerns about…
Author: Crypto Flexs
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A new chapter in the Ethereum story Hello everyone, my name is Louise, a DeFi cryptocurrency trader at Platinum Crypto Academy. Today I’m excited to explore the latest development in the cryptocurrency world: the launch of Blast, Ethereum’s new layer 2 network. As a cryptocurrency enthusiast who has been a part of this dynamic industry for many years, I have been eagerly tracking all the twists and turns of this groundbreaking platform. This is not just another update in the blockchain space. This is a pivotal moment that could redefine the future of Ethereum. When I first heard about the…
Animoca Brands, a leader in advancing digital property rights in games and gaming open metaverserecently announced a large strategic investment in the Open Network Foundation (TON) ecosystem. As a result of this investment, Animoca Brands has become the largest validator of open network blockchains and marks an important milestone in the growth and development of both companies. Animoca Brand Supports TON Play As recently announced blog postAnimoca Brands’ investment demonstrates its interest in supporting third-party gaming projects within an open network ecosystem. One of the key initiatives supported by Animoca Brand TON Play is a game infrastructure project that provides…
Interactive Brokers, one of the world’s largest brokerage firms, has launched cryptocurrency trading for retail clients in Hong Kong.According to a November 28 announcement, the service comes with OSL, one of the first cryptocurrency exchanges to receive a virtual asset service provider (VASP) in Hong Kong. “Retail investors at Interactive Brokers in Hong Kong now have instant access to digital asset trading through a single, integrated platform powered by OSL,” the developers wrote.According to the website, Interactive Brokers’ Hong Kong clients can hold Bitcoin (BTC) or Ethereum (ETH) in their personal accounts along with stocks, derivatives, commodities, forex and other…
By Daniel C. Burnett, EEA Executive Director Recently, I sent an email to all members of the Enterprise Ethereum Alliance (EEA) outlining my intention to explore a new direction for our organization. This decision is a direct response to what we see as a profound and very exciting evolution of the Ethereum ecosystem as a global business platform. Because this evolution has significant implications not only for us but for the wider business community, I wanted to share some of these thoughts with the general public in this blog post. The Decentralized Future Is Here As I wrote to our…
Cryptocurrency analyst Egrag Crypto We continue to maintain an optimistic stance. XRP Token. We are predicting that the token may rise this time. Up to $27. He also explained why this is actually possible. How XRP Could Rise to $27 in post Egrag, shared on the that He said it was $27. With the 2017 surge in mind when the token appeared, it feels like a “reasonable target.” 61,000% increase in 280 days. According to Egrag, “this will be an important milestone” on the way to $27, $3 and $5.8. However, once this is completed, the path to $27 will…
Market Outlook #247 (28th November 2023) Hello, and welcome to the 247th instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Polkadot, Cosmos Hub, Aave, Akash Network, Litentry and Rainicorn. As ever, if you have any requests for next week, send them across. Bitcoin: Weekly: Daily: Price: $37,295 Market Cap: $729.275bn Thoughts: If we begin by looking at BTC/USD on the weekly timeframe, we can see that price – despite wicking lower earlier in the week – formed a higher-low above the prior week and closed at marginal new yearly highs on growing volume. We…
Bitcoin Latinum (LTNM) backers further modified their support this week following the cryptocurrency’s successful launch on DigiFinex. Launched on the DigiFinex platform, which has over 4 million daily users globally, LTNM recorded an open rate of over 200% in the first hour. Additionally, the developers also announced that it will be available on six other exchanges by the end of the year. These exchanges include: HitCTC, FMFW, Changelly, Changelly Pro, Bitmart, and XT.com. Monsoon Blockchain Corporation, which developed the cryptocurrency on behalf of the Bitcoin Latinum Foundation, also discussed the challenges of making the cryptocurrency more environmentally friendly than other…
Bitcoin BTC + The speed, which measures how often digital assets are traded or used for trading, is at historically low levels, according to analysts.Bitfinex analysts observed a contrast between the current Bitcoin speed and the averages recorded during the last cryptocurrency bear market in 2018-2019.“Historically low Bitcoin trading volume signals a significant shift in sentiment compared to the last bear market cycle,” analysts said in a note.According to Bitfinex, the low velocity levels suggest holders of digital assets have been reluctant to sell and buyers are looking for new supply.“It is no surprise that Bitcoin reached this year’s high…
Cryptocurrency analyst CryptoInsightUK He shared his optimistic thoughts about: XRP price. He noted that something may be happening with the token and its ecosystem. Interestingly, he agrees that XRP could rise to $9.6. XRP Price Could Repeat 2017 Impulse in post Shared on his X (formerly Twitter) platform, CryptoInsightUK shared a monthly XRP/BTC chart. He noted: XRP’s biggest impact on BTC It was about 5,200% that occurred in 2017. Analysis of the shared chart suggested that a similar setting to that time was being formed. This time, XRP could see higher gains against BTC as CryptoInsightUK has revealed that XRP…