Interested in getting ahead in the cryptocurrency world? Discover Cointelegraph’s exclusive insider tips for cryptocurrency success. Staying informed and ahead of the curve has never been more important in the rapidly changing digital currency landscape. In this article, we will provide you with insider tips and strategies to help you navigate the exciting and sometimes difficult world of cryptocurrency. Stay informed One of the most important things you can do to ensure success in the cryptocurrency world is to stay informed. With new developments and changes happening every day, it’s important to keep up to date with the latest news…
Author: Crypto Flexs
Read More
Twitch, the Amazon-owned live streaming platform, made dramatic job cuts Wednesday, laying off about 35% of its workforce. But Twitch is not the only gaming company to announce layoffs with just over a week to go until 2024, continuing a grim trend from last year.Approximately 500 employees were affected by Twitch’s layoffs, CEO Dan Clancy explained: blog post Because the company was too large to meet its financial goals. bloomberg We first reported the news on Tuesday ahead of Twitch’s official announcement.“Our organization is still much larger than we need to be,” Clancy said, explaining that he has spent the…
With a planned launch in the first quarter of 2024, Libre founder Dr. Avtar Sehra said the protocol will expand its business offerings to include services such as automated rebalancing of secured loans and private investment portfolios in the future. WebN Group, a fintech and Web3 incubation hub, has teamed up with Nomura-backed Laser Digital to unveil Libre, a fund tokenization protocol for asset managers and wealth advisors. According to the announcement, the two companies will launch Libre to provide broad distribution capabilities for financial services firms and wealth advisors by safely and securely streamlining legal, regulatory and operational workflows.…
X (Twitter) has officially stopped supporting non-fungible tokens (NFTs) as profile pictures for paid subscribers. This decision marks a notable change in platform direction. It also has ambitious plans for 2024, including peer-to-peer payments and improved AI-based tools. X (Twitter) no longer supports NFTs This feature allows Twitter Blue subscribers to showcase NFTs issued on Ethereum (ERC-721 or ERC-1155 tokens) with a hexagonal profile photo. By clicking or tapping, these unique avatars allow users to learn the following details: NFT collection contract address Token ID mint app Read more: 6 Best NFT Marketplaces to Know About in 2024 However, following…
In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind 1inch Network, has voted to secure “legal advisory services” from STORM Partners. Notably, this decision comes amid increasing regulatory scrutiny of the cryptocurrency and decentralized finance (DeFi) sectors. 1inch DAO votes to onboard STORM partners for legal advisory services Following the vote finished On January 9 – with overwhelming support from the 1inch community – holders decided to join STORM Partners. This marks an important step forward in the DAO’s efforts to navigate the complex legal environment and protect its members. 1inch…
BlackRock, Inc., the world’s largest asset manager, just revealed that its planned spot Bitcoin exchange-traded fund (ETF) will now cost 0.25% instead of 0.30%, according to Reuters.. The move is being taken in the midst of a competitive market where several investment managers, such as Ark Investment Management, are fighting for a position in the Bitcoin ETF. For the ARK 21Shares Bitcoin ETF, Ark Investment Management lowered its fees from 0.25% to 0.21%. The price cuts announced by BlackRock and Ark are indicative of a larger trend in the investment management space, especially when it comes to products centered around…
SEC Incident Causes $220 Million Cryptocurrency LiquidationFake tweets from the SEC’s hacked Twitter account claiming approval of the Spot Bitcoin ETF triggered price spikes and crashes, resulting in $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with liquidation of $133.5 million, compared to $87.29 million for short-term traders. There has been ongoing debate over the approval of a Spot Bitcoin ETF, with analysts divided over whether approval would be positive or negative for the asset. Even though the SEC dismissed the fake tweets, the collapse raised concerns that ETF prices may have already been…
In the end, ETFs are just standard investment products, not manna from heaven. Once people realize this, you will see a slow increase in demand and price action for Bitcoin, but not a surge of all-time highs. gold, if you check, it didn’t suddenly become a mainstream investment. It took many years. And I think the same goes for Bitcoin. Nonetheless, the hype surrounding the ETF announcement shows how many people want a positive story that could push Bitcoin higher. This may be the more important point here than the actual impact of the ETF. Whatever the fundamentals, there is…
Posted 1 minute ago In ~ Crypto payments company Ripple Labs plans to buy back $285 million worth of its stock from early investors, valuing the company at $11.3 billion, according to a company spokesperson.Early investors will only be able to sell up to 6% of their holdings, according to Reuters, which first reported the news, citing anonymous sources. Ripple plans to spend $500 million “to cover the cost of converting restricted stock units into stock and taxes,” Reuters also reported.It is well known for using Ripple. XRP +0.88% Digital tokens are privately owned. According to the report, company CEO…
When the history books are written and we look back on the past year, I think we can confidently say that meme coins will be the most memorable coins in 2023. It felt like it was going to go away for a while. Around that time, PEPE exploded, and suddenly all the market’s attention was on meme coins. As we head into 2024, every cryptocurrency news outlet is already filled with stories about the new meme coins that will generate the biggest returns in 2024. It is clear that we will see further growth in the sector. With that said,…