According to Kitco on January 29, TD Cowen’s Washington Research Group predicted that a spot Ethereum ETF would not win approval this year.The U.S. Securities and Exchange Commission (SEC) should soon decide on proposed rule changes that would allow spot Ethereum ETFs to be listed and traded on stock exchanges. TD Cowen argued that approval was unlikely:“(The SEC) could ultimately reject the rule change, which would lead to new filings or litigation. Either way, it would take another year or two to proceed.”In that case, approval of an Ethereum ETF is unlikely to occur until late 2025 or early 2026,…
Author: Crypto Flexs
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French Hill, a senior Republican, said he was optimistic about the prospects for legislation regulating stablecoins and a bill focused on market structure in 2024. He is also ready to hear the views of top Democrats on illicit finance. The Arkansas Republican cited clarity on the Stable Currency Act and the 21st Century Financial Innovation and Technology Act, introduced last year by the House Financial Services Committee, at an event hosted by the Defense Democracy Foundation on Monday. “I remain optimistic that the bill will come to fruition in 2024,” Hill said during the panel discussion. “I’ve been very pleased…
A much-anticipated upgrade to add smart contract functionality to the Stellar blockchain has been delayed beyond its initial target of January 30. The Stellar Development Foundation (SDF) has requested that the upgrade be withdrawn after a bug was discovered that could have caused problems with fee increase transactions. TLDR A bug has been discovered in Stellar Core software that may affect smart contract applications after upgrading to Protocol 20. The Stellar Development Foundation now plans to postpone and “disarm” validators from voting on the upgrade on January 30th. Other validators can choose to upgrade once quorum is reached, but at…
January 29, 2024, Phoenix, USA, Chainwire Devour, the innovative next-generation web3 food ordering and engagement platform, today announced the addition of the following features: paul barron As a strategic advisor. Barron brings a wealth of experience and expertise across technology, media, and web3, making him a valuable asset to the Devour leadership team. Barron is the CEO and analyst of the Paul Barron Network, a multimedia platform that educates and inspires audiences about the future of technology. With more than 20 years of experience in computer science, consumer science and digital media, Barron leverages his deep knowledge to create engaging…
Solana has developed a bear market structure. Liquidity above $100 may drag the price before a reversal. Solana (SOL) has been stuck in a downward trend for the past month. The price fell from $126 to $79 on January 23, but a recovery appears to be underway. Despite a 23% gain last week, the technical structure remains weak. In other news, Solana recorded the third highest NFT sales volume last week. However, this impressive performance may not guarantee positive price performance in the coming days. Discuss the impact of recent breakouts As mentioned earlier, Solana’s price has been steadily declining…
Today’s digital age requires robust and reliable products.Cybersecurity has never been more evident. with cyber securityAs threats grow, both businesses and individualsLooking for advanced solutions to protect your digital.asset. This is where ShieldCoin comes into play.A cutting-edge platform for digital protection. via advancedShieldCoin, encryption and decentralized access control,Transforming the way we think about cybersecurity. The Power of ShieldCoin ShieldCoin offers a variety of features and benefits, including:This is a game-changing solution for digital protection. theseinclude: Advanced encryption protocols protect your data and securityCommunication Reduce risk with decentralized access controlunauthorized access Real-time threat detection and responseDigital Asset Safety Seamless integration with…
*disclaimer: None of this is meant to be slight to any particular customer. Each client and even specification is likely to have its own oversights and bugs. Eth2 is a complex protocol and the only people implementing it are humans. The point of this article is to highlight how and why risks are mitigated.* With the launch of the Medalla testnet, people were encouraged to experiment with different clients. And from the beginning we saw why. Nimbus and Lodestar nodes were unable to handle the workload of the entire testnet and became stuck. (0)(One) As a result, Medalla failed to…
The cryptocurrency market is heating up in the first quarter of 2024. From ChainGPT to innovative Telegram trading bots like Bitbot, traders old and new are looking for the next big opportunity. Bitbot’s pre-sale It was released on January 17, and has already surpassed $313,000 in just six days, reaching more than $1 million. 90,000 followers On Twitter/X. Read on to find out why the future of trading is changing and how you can take advantage of it using groundbreaking technology. Bitbot: The Telegram trading bot that will rule the future of cryptocurrency Cryptocurrency trading bots have grown in popularity…
Funding • January 29, 2024 5:59 PM EST Posted 1 minute ago In ~ Invesco and Galaxy Asset Management announced Monday they are cutting sponsor fees for their new spot Bitcoin ETF.Spot Bitcoin ETFs from Grayscale, BlackRock and Fidelity dominated trading volume in the fast-growing market, while products from Invesco and Galaxy ranked sixth with more than $280 million in buying and selling activity. Additionally, the capital of the assets under management is approximately the same. According to the filing, Invesco and Galaxy Asset Management plan to cut fund fees from 0.39% to 0.25% in a move that could improve…
Hong Kong’s Securities and Futures Commission (SFC) has reportedly made significant changes to one of its cryptocurrency regulations. The SFC has imposed strict criteria for regulatory clearance, granting approval to only two cryptocurrency exchanges in the region. OSL, one of the approved exchanges, reports that the SFC has lowered the mandatory insurance coverage for digital assets to 50%. Hong Kong SFC eases cryptocurrency insurance coverage rules In a recent statement, OSL announced its commitment to maintaining high insurance rates for its assets despite recent reductions in requirements from regulators. “OSL remains firm in its commitment to protect at least 95%…