Regulators are harnessing the power of artificial intelligence (AI) to spot scammers promoting cryptocurrency trading systems with false claims of high or guaranteed returns. As the trend toward using automated software for trading increases, the Commodity Futures Trading Commission (CFTC) has issued a consumer advisory highlighting the inability of these AI systems to clearly predict market movements. See below. The customer advisory, titled “AI Doesn’t Turn Trading Bots Into Money Machines,” exposes the fraudulent tactics used to lure investors, including Cornelius Johannes Steynberg, who stole more than $1.7 billion in Bitcoin (BTC) from unsuspecting victims. The story is explained in…
Author: Crypto Flexs
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When I try to index and create an array from all the block hashes in the blockchain, I keep getting the following error: “(WinError 10048) Typically, each socket address (protocol/network address/port) can only be used once.” block_counter = 0 total_blocks = rpc_connection.getblockcount() while block_counter < total_blocks: block_hash = rpc_connection.getblockhash(total_blocks) blockHashArray = np.append(blockHashArray, block_hash) Are transactions coming from my node causing this error? So how can we solve this problem?
So, how was the cryptocurrency options market price for Bitcoin (BTC) spot exchange-traded fund (ETF) released? A quick post-mortem analysis of implied options and subsequently realized volatility (see below) shows that market expectations subsided following the event, and while Team Ether Options was asleep, the Bitcoin options market crowd was spot on in the market reaction. Looks like they’ve set the price. After ETH, the rally was led by the launch of a Bitcoin spot ETF.
The rapid outflow of Bitcoin investment funds appears to be slowing after analysts pointed to massive withdrawals as the catalyst for BTC’s 2023 decline. TLDR JPMorgan analysts believe the conversion of Grayscale’s GBTC into an ETF is likely to have ended most of the selling pressure on the Bitcoin price. GBTC has recorded $4.3 billion in outflows since becoming an ETF, which JPMorgan said has caused the price of Bitcoin to fall 20% to below $40,000. However, GBTC outflows declined to $394 million on January 25, the second lowest on record. Meanwhile, other US Bitcoin spot ETFs recorded a record…
join us telegram A channel to stay up to date on breaking news coverage eTukTuk, an eco-friendly cryptocurrency project, is contributing to local economic growth by taking the lead in applying blockchain to ensure a smooth transition to electric vehicles. The rapidly changing world of cryptocurrency thrives on its ability to adapt and embrace new technologies, and a project called eTukTuk stands as a notable example. Dedicated to the electric vehicle (EV) sector, the company strives to pave the way towards financial and environmental sustainability through comprehensive solutions. eTukTuk, revolutionizing transportation and finance through blockchain innovation In the cryptocurrency world,…
Market Summary:In last week’s report, I mentioned how we could expect the Bitcoin price to fall below $40,000 before a correction. That’s exactly what we saw this week as the price of Bitcoin fell to a low of $38,700 before correcting and pushing the price back to $40,000 just a few days later.Bitcoin Price: January 22-28, 2024Approval of Spot Bitcoin ETF ““Buy rumors and sell news.” We expect the price of Bitcoin and the overall market to continue to rise in the coming weeks.Global cryptocurrency market growth +34% in 2023According to Crypto.com’s recent 2023 Cryptocurrency Market Size Report, global cryptocurrency…
The Walking Dead was a great series. The moment Glenn was killed by Negan in Season 7 was brutal. I don’t think I’ve ever been so affected by a television show before or since. Negan was also a brilliantly written villain. But I think a spinoff is out of reach. The Walking Dead: Dead City, The Walking Dead: Daryl Dixon, The Walking Dead: World Beyond. It’s all getting a little ridiculous. But AMC isn’t the only entertainment provider releasing questionable sequels to zombie franchises. This week Mascot released a sequel to the company’s popular Re Kill slot, which launches in…
In recent years, the world has seen a significant increase in the popularity and adoption of cryptocurrencies. One of the most promising projects in this space is RoyalCoin, which aims to revolutionize the way we think about digital currencies. In this article, we will explore the RoyalCoin revolution and uncover its potential to shape the future of cryptocurrency. What is Royal Coin? RoyalCoin is a decentralized cryptocurrency built on blockchain technology. It was created with the goal of providing a safe, fast and inexpensive alternative to traditional forms of currency. The RoyalCoin team is committed to creating a transparent and…
Somesing, a South Korean blockchain-based social karaoke platform, was attacked on Saturday and lost 730 million of its SSX tokens, worth $11.58 million. the announcement. The hacked amount includes 504 million undistributed SSX tokens scheduled to be distributed by the end of 2025 and 226 million SSX held by the Something Foundation and already in circulation, the notice said. Somesing said, “It has been confirmed that the hacking incident is not related to Somesing team members, and based on the method, it is presumed that it was committed by a professional hacker who specializes in hacking virtual assets.”The platform said…
The community is speculating that an Ethereum ETF will eventually enter the market, following in the footsteps of the Bitcoin ETF. The committee approved 11 applications on January 10, 2024, allowing investors to send their funds to Bitcoin without hesitation. Speculations suggest that the Ether ETF will be the next big thing as it is the second largest token in valuation after Bitcoin. Plus, we already have the support we need from the global community. The Ethereum ETF may soon cross the finish line. The long-awaited product also provides predictions and news about the token. latest buzz ETH is trading…