Securities and Exchange Commission (SEC) Chairman Gary Gensler suggested Wednesday that the regulator’s decision to approve a spot Bitcoin ETF does not necessarily indicate how it will respond to Ethereum in the future. “What we did in January was grouped into one set of documents,” Gensler told CNBC. “We have other documents in front of us… but we’re not going to prejudge it for you or the audience. It’s discussed and reviewed by a committee of five,” Gensler told CNBC.large companies such as fidelity and black stone There have been applications for a spot Ethereum ETF over the past few…
Author: Crypto Flexs
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As Bitcoin rose past $51,000, the Crypto Fear and Greed Index (CFGI) hit 74 out of 100, entering “greed” territory. Just one day ago, CFGI hit an impressive high of 79 points. Greed”, hitting its highest level since 2021. Cryptocurrency Fear and Greed Index Score (…)
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. XRP holders are hopeful due to recent court rulings and a possible settlement of the SEC vs. Ripple legal dispute. Bitcoin (BTC) has reached a new milestone of $50,000, indicating growing interest from institutional investors. In this context, DSTream (DST) is attracting attention as a decentralized streaming platform. In the ongoing presale, DST is trading at $0.035. Hopes for XRP trading amid legal developments XRP rose nearly 5% last week, reaching $0.5322. A cryptocurrency lawyer predicted a possible settlement…
Samsung Electronics has introduced real-time translation in the Galaxy S24 series, enabling real-time translation in various languages during calls. Compatible with both Galaxy and non-Galaxy phones, this innovative feature is designed to break down language barriers and make communication more accessible and inclusive. The launch of the Galaxy S24 series marks a huge step forward for Samsung, especially in terms of the innovative real-time translation feature it includes. These technological advancements, driven by artificial intelligence, are intended to change the way we interact by providing real-time translations during phone conversations. This will enable individuals speaking different languages to understand each…
Thanks to Joseph Schweitzer and Danny Ryan for their reviews. Welcome back! We discussed the design philosophy of eth2. finally, today’s focus is on eth2’s incentives through the lens of that philosophy. More specifically, we look at the incentives that affect eth2 and how they are realized in the form of rewards, penalties, and slashing. We will then look at how and why validators are incentivized to stay online. habit Slashed for reasons such as going offline. Let’s dig in. When does slashing occur if not offline? ⚔️ Slashing has two purposes: The goal is to (1) make it prohibitively…
Ethereum price is consolidating gains above the $2,575 support. ETH could begin a major rally if it closes above the $2,700 resistance level. Ethereum is consolidating gains above the $2,575 support area. The price is trading above $2,620 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term breakout pattern forming with resistance at $2,640. If it stays above the $2,575 support area, it could start a new rally. Ethereum price aims for another increase. Ethereum price surpassed the $2,600 level and was trading near the $2,700 resistance zone. ETH traded as…
Open interest in Bitcoin futures has risen to over $23 billion. These positions have low leverage, which reduces the likelihood of a major price crash due to liquidation. Open interest in Bitcoin futures has risen more than 20% to highs not seen since the 2021 bull market. Why the sudden interest in Bitcoin futures? CME Group and Binance dominate Bitcoin futures open interest with $6.39 billion and $5.75 billion, respectively. Bybit and OKX recorded $3.89 billion and $2.19 billion, respectively. Read more: Where to Trade Bitcoin Futures: A Comprehensive Guide BTC futures open interest exchange | Source: Coinglass Investor interest…
According to Coinglass data, over $130 million worth of cryptocurrency short positions were liquidated on centralized cryptocurrency exchanges in the last 24 hours.The Bitcoin market has become more volatile over the past day, with the price exceeding $51,000. This price action wiped out over $93 million from Bitcoin positions, leaving nearly $70 million short.bitcoin BTC +4.32% Its value has risen by more than 21% since the beginning of February, and the most important cryptocurrency’s dominance is now at 50%, compared to 16.3% for cryptocurrencies. ether.On Wednesday, the overall cryptocurrency market cap rebounded to more than $2 trillion. This is the…
A widely respected cryptocurrency analyst says one Chainlink (LINK) rival has plenty of upside potential even after hitting a new all-time high (ATH). Pseudonymous trader Altcoin Sherpa says Data collection service Pyth Network (PYTH) currently has 207,100 followers on social media platform X, which is in the midst of price discovery. Cryptocurrency traders and analysts call price discovery a situation where a coin is trading at levels never before seen in history. According to Altcoin Sherpa, coins trading in price discovery zones are “always magical” because they tend to have a strong upward trend with no known resistance remaining. “PYTH:…
AI-powered gaming platform Ultiverse raises $4 million at $150 million valuation – Chainwire housenewsroomAI-powered gaming platform Ultiverse has raised $4 million at a $150 million valuation. We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for…