The CeDeFi (CDFI.ai) team announced that they are testing the platform for a short period of time. They plan to release all features by the end of February. The nearly complete platform seeks to revolutionize digital asset management. Integration of DEX, dApps and centralized exchanges Developers emphasize the importance of this integration. CDFI.ai aims to integrate various aspects of the cryptocurrency space, including blockchain, decentralized exchanges (DEXs), decentralized applications (dApps), and centralized exchanges (CEXs). This blend provides users with a seamless and comprehensive experience, solving long-standing challenges in the cryptocurrency ecosystem. CDFI.ai combines parts to simplify the use of cryptocurrency…
Author: Crypto Flexs
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Asset management company Franklin Templeton has submitted an application for a spot Ethereum exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). This comes amid recent filings by asset management firms including BlackRock, Grayscale and VanEck. Franklin Templeton submits application for spot Ethereum ETF A recent US SEC filing revealed Franklin Templeton’s plans to launch a spot Ethereum ETF. However, the filing warns regulators that potential price fluctuations in the cryptocurrency market could impact investors’ holdings. “Trading prices for many digital assets, including Ethereum, have recently experienced extreme volatility and are likely to continue to do so in…
Although Bitcoin has been around for many years, there are some industries that are more accepting of Bitcoin than others. One such industry is the casino and sports betting industry. A growing number of sites now accept cryptocurrencies, and some even accept only cryptocurrencies. Whether playing slots, Live betting on your favorite sportsYou can do that with a cryptocurrency wallet.While there are individuals who like to bet purely for a bit of fun, there are also many who strive to maximize their winnings, especially when betting with cryptocurrencies. It’s truly amazing to see how popular cryptocurrency betting is becoming, and…
Bitcoin surged past $50,000 today, reaching this milestone for the first time since December 2021, according to CoinMarketCap data. CoinMarketCap The breakout marks a significant recovery for Bitcoin, which has faced enormous volatility and volatility over the past few years, reaching a low of around $16,000. Bitcoin’s resilience and upward trajectory highlights its status as a store of value and a hedge against inflation in today’s bleak economic environment.Investors are closely monitoring Bitcoin’s price movements, with many seeing the $50,000 level as a significant psychological barrier. The surge in Bitcoin’s price reflects renewed confidence in the asset’s long-term potential and…
Market • February 12, 2024 12:20 PM EST Posted 1 minute ago In ~ Bitcoin BTC +3.87% Prices topped $50,000 on Monday amid continuing signs that the sell-off in Grayscale Investments’ cash funds may be nearing its end.“Bitcoin is now poised to hit new all-time highs this year,” Bitfinex analysts said in the report. “This upward trend coincides with a period of declining GBTC outflows and an overall increase in inflows into digital asset funds.” revealed.“Excluding Grayscale’s GBTC, the newly launched Bitcoin ETFs now hold over 192,000 BTC, surpassing MicroStrategy’s 190,000 BTC and exceeding $1 billion in inflows in less…
Franklin Templeton became the latest asset manager to apply for a spot Ethereum exchange-traded fund (ETF) with a filing on February 12. The company detailed its plans in an S-1 registration statement filed with the Securities and Exchange Commission (SEC). As with other similar offerings, the fund will issue shares representing assets, primarily Ethereum (ETH), which will be held by the custodian on behalf of the fund. The fund also aims to mirror the price performance of ETH. Franklin Templeton appointed Coinbase Custody as its cryptocurrency custodian and Bank of New York Mellon as its cash custodian, custodian and remittance…
Investors seeking significant returns will choose platforms that combine innovation and sound financial strategies. Option2Trade (O2T), a pioneer in decentralized finance (DeFi) and artificial intelligence (AI), offers an attractive path from a modest $2,000 investment to a whopping $200,000. This journey not only attracts the attention of traditional cryptocurrency enthusiasts, but also casts a wide net that includes Pyth Network (PYTH) investors looking to diversify their portfolios with the groundbreaking technology of Option2Trade (O2T). Harness the power of AI and DeFi with O2T Option 2 Trade (O2T) By combining the limitless potential of AI with the autonomy of DeFi, we…
The world of digital currencies has been developing rapidly in recent years, with new cryptocurrencies emerging and making a name for themselves in the market. One digital currency that is gaining attention is Social Media Coin. This innovative cryptocurrency aims to change the way we interact and engage with social media, while providing a secure and decentralized way to make payments. What is a social media coin? Social Media Coins are digital currencies specifically designed for use on social media platforms. This allows users to send and receive payments in a secure and decentralized way without the need for traditional…
A cryptocurrency strategist who follows closely believes hot altcoin projects have more upside potential. Pseudonymous analyst Altcoin Sherpa says 206,900 followers on social media platform “DYM: We closed everything yesterday and now there is no round-trip profit. It’s still a bit choppy and I’m not a huge fan of where BTC is at. I still think this could go higher, but I will be patient for now.” Source: Altcoin Sherpa/X Looking at the chart, the trader suggests that DYM is holding the $7.05 level as support and could rise to $7.39 based on the Fibonacci retracement level. Dymension is trading…
Ramsey Solutions, the company of personal finance expert and best-selling author Dave Ramsey, has argued that cryptocurrencies are not a good investment. “We are not saying that cryptocurrencies will disappear. And we’re not saying it’s terrible. But as things stand, just say no,” advised the Ramsey Solutions team. Ramsey Solutions advises ‘Just say no’ (…)