Speculation has been widespread about the potential impact of ETF approval on Bitcoin (BTC). Options platform Greeks.live provides insight into how exchange traded funds can affect the value of major cryptocurrencies. Potential Bitcoin ETF Approval Imminent It has been reported that the U.S. Securities and Exchange Commission (SEC) plans to notify asset managers wishing to launch a spot Bitcoin (BTC) ETF of the application approval status as early as next week. The seasoned trader known for accurately predicting this year’s cryptocurrency breakout now offers insight into Bitcoin’s optimal trajectory following the approval of the spot market BTC Exchange Traded Fund…
Author: Crypto Flexs
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A decentralized exchange (DEX) built on Osmosis (OSMO) was hacked this week with $1.14 million worth of cryptocurrency. Levana Protocol (LVN) focuses on perpetual swaps. presentation On Wednesday, it announced that it had suffered an oracle attack affecting 10% of its liquidity pools (LPs). Levana said the issue has been resolved and hiring will resume next week. The project stated that existing liquidity pools are not at risk of further attacks and that affected LPs will be compensated through future airdrops and protocol fees collected during the hack. The decentralized exchange recorded that the attack began on December 13. “The…
A Bitcoin spot ETF could be launched in the U.S. as early as January. However, while that seems promising, it is not yet known which specific investment vehicles will be approved.In fact, expectations are high, with more than a dozen applicants ahead of the January 10 deadline, ranging from disruptive Bitcoin companies to some of the most recognizable names in global finance.The prize is the potential to provide investors with a regulated and accessible means to access the world’s leading cryptocurrencies.Unlike traditional investment routes such as direct ownership or futures trading, Bitcoin ETFs simplify the process, allowing both institutional and…
Sumit Gupta, co-founder and CEO of CoinDCX, another leading cryptocurrency exchange, said Indian exchanges led by BWA have consistently advocated for a level playing field, especially in the context of investors migrating to overseas platforms where there is no obligation to implement them. Taxable and 1% TDS.
In recent weeks, the world of non-fungible tokens has experienced a meteoric rise characterized by surges in popularity, high-profile sales, and a thriving community of artists, creators, and collectors. The non-fungible token market saw explosive growth in December, driven by the rise of Ordinals, SOL NFT, and BRC-20 NFT. NFT sales hit in December 2023 Non-fungible token sales surged in December, according to data collected by on-chain data aggregator CryptoSlam.io. Over the past 30 days, trading volume in the fast-growing global NFT market has surged 67% since November to $1.7 billion. Bitcoin, the blockchain network that powers the flagship cryptocurrency,…
Disclaimer: The information presented does not constitute financial, investment, trading or any other type of advice and is solely the opinion of the author. Ripple (XRP) has stabilized after gaining momentum a few weeks ago and has not fluctuated like other cryptocurrencies. While XRP recently established itself as the fourth largest asset, Ripple has experienced a significant increase in accumulation among major holders over the past week. Despite this steady accumulation trend, total supply has been declining recently in profitable locations. So, because of this, XRP holders are currently in a difficult situation. And XRP holders are wondering whether a…
The proportion of long-term ETH holders has surged this year. bitcoin For the second time ever. According to data from on-chain analytics platform IntoTheBlock, Ethereum We have done quite well in terms of long-term holder ratio this year, with over 70% of investors currently holding their assets for more than a year, which is a new milestone for blockchain. Long-term ETH holders now top BTC. Ethereum’s price activity this year has been significantly weaker than Bitcoin. However, this is not surprising as Bitcoin has led the entire industry in terms of bullish indicators and investor confidence this year. However, data…
As reported by Blockchain.com and Bitinfocharts, on Christmas Day, the Bitcoin network achieved a historic milestone with its hash rate reaching an all-time high of 544 EH/s. Despite these impressive achievements, miners are grappling with declining profitability due to the complex dynamics of the cryptocurrency market.Source: Blockchain.comThe hashrate, a measure of the computing power of the Bitcoin network, has more than doubled in 2023, up 130% from January. The surge in hashrate is linked to the price of Bitcoin, which has risen more than 150% over the same period. Will Clemente, co-founder of Reflexivity Research, noted that the impact of…
Michael Cohen, a former lawyer and fixer for Donald Trump, has admitted to using it without his knowledge. A.I Manipulating legal citations in court documents. The revelations surface amid Cohen’s ongoing legal entanglements and his role as a potential witness against Trump in various legal proceedings. In a recent court filing, Cohen revealed that he mistakenly submitted fictitious artificial intelligence-generated quotes to his attorney, David Schwartz. These quotes, generated by Google Bard, an AI chatbot, were included in a motion submitted to a federal judge. Cohen, who served time in prison and is on supervised release, was using these quotes…
October 13th Is BitVM the next evolution of Bitcoin smart contracts? Posted at 15:36h education by admin BitVM is a computing model that allows complex contracts to be executed on Bitcoin without changing the underlying rules. Let’s take a look at what it is and how it could revolutionize the way we use Bitcoin. What is BitVM? For many years, Bitcoin has been the digital gold standard for cryptocurrencies. However, one thing it lagged behind was the ability to handle complex and complete Turing smart contracts. BitVM was created by Robin Linus. zero syncThis is an implementation of Stark Proofs…