Fantom’s network activity remained high as its unique addresses increased. Market indicators suggested a possible trend reversal. Phantom (FTM) Investors have had a tough time over the past few days as token prices have fallen. This occurred at a time when blockchain was recording promising growth in terms of network activity. But is high network activity alone enough for FTM to color the charts green? The phantom chart is red! Last week was a bit of an unfortunate one, with the value of Fantom falling by double digits. According to CoinMarketCap, FTM is down more than 23% over the past…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage The price of Bitcoin has fallen 0.23% over the past 24 hours to $43,898 as of 5 AM EST, with trading volume up nearly 52% to $24.12 billion. With all attention focused on the possible imminent approval of a spot Bitcoin exchange-traded fund (ETF), a CoinShares executive said the investment vehicle would not be a “new event sell” in BTC. Instead, he said, the ETF approval is expected to open up the asset to more wealthy individuals who previously couldn’t access bitcoin in a way they…
Web3 Sports Fantasy Manager Maincard.io Enters Esports with High-profile Partnerships – Chainwire housenewsroomWeb3 Sports Fantasy Manager Maincard.io Enters Esports with High-profile Partnerships 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 the legitimate purpose of…
Welcome to London! This is an exciting time for the Ethereum ecosystem, and the pace will only pick up further as we approach Altair (1) (2) and the Merge in the months ahead. The Beacon Chain now has 6.5+ million Ether staked, and 200K+ active validators online across five clients, and the network is now burning Ether as part of the changes made with the London update. As always, there’s much more progress being made by EF-supported projects and teams that help to improve our Ethereum experience. This roundup series is an opportunity to highlight their efforts to grow and…
Reggie Browne, GTS joint head of global ETF trading and sales, said on Bloomberg Television that the Bitcoin spot ETF could trade at a premium once trading begins due to the way U.S. institutions are currently allowed to handle cryptocurrencies.“I think there will be a premium above NAV because U.S. broker-dealers cannot trade Bitcoin for cash inside the broker-dealer. Some can, but most cannot,” he said on Monday. “So you have a trading hedge against futures, you trade it at a premium and then you unwind it, and I think there’s a lot of complexity there.”This complexity, coupled with the…
Applicants submitted their final S-1 amendments to their proposed spot Bitcoin ETF approval, expected starting Wednesday. Several prospective issuers of spot BTC exchange-traded funds have revised and finalized their S-1 forms, the final step in their search for a spot Bitcoin ETF. According to the report, the latest revisions came from applicants including Fidelity Investments, VanEck, Franklin Templeton, Pando Asset AG, Invesco, Ark Invest/21Shares, WisdomTree and BlackRock. The submission will include details of the market maker, including applicable fees. For example, BlackRock’s sponsor fee is 0.2% for the first year of approval or until the ETF accumulates $5 billion worth…
join us telegram A channel to stay up to date on breaking news coverage Cryptocurrency traders are always looking for: best cryptocurrency You can purchase it on a specific date. This post lists coins with high potential. With the rapid development of digital markets, cryptocurrency has emerged as an attractive investment vehicle. Tokens offer investors the potential to earn significant returns. However, finding the best cryptocurrency to invest in is a pursuit that combines analysis and understanding of technological innovation. Therefore, Insidebitcions examines the cryptocurrency market, exploring the most promising competitors. This helps investors identify the factors that influence the…
Bitcoin’s Revolutionary Fundamentals: Stay Focused | Joshua Moroles | dark side | January 2024Bitcoin, created by Satoshi Nakamoto in 2009, introduced the concept of cryptocurrency, a digital form of money secured by a cryptocurrency. Powered by blockchain technology, the decentralized nature ensures transparency and immutability of transactions. Bitcoin’s scarcity, with a coin supply limited to 21 million, mimics precious resources like gold and introduces the concept of digital scarcity. Its decentralized nature puts power back in the hands of the people, allowing anyone with an internet connection to participate in the global economy. Despite the proliferation of other cryptocurrencies, Bitcoin…
The recent litigation between the U.S. Securities and Exchange Commission (SEC) and Binance took an interesting turn when the SEC filed a notice of supplemental authority, citing the ruling. SEC vs. Terraform Labs As an important precedent. The SEC’s strategic move aims to leverage the Terra ruling against Binance, Binance.US, and its former CEO. Changpeng ‘CZ’ Zhao. However, Bill Morgan, a legal expert known for his pro-crypto stances, argues that Terraform Labs’ decision may not be directly related to the SEC’s lawsuit against Binance and Coinbase. Terra ruling in Binance and Coinbase lawsuit Dave Weisberger, Co-CEO of CoinRoutes I left…
Cryptocurrency has been a hot topic in the financial world for several years. With the emergence of Bitcoin and other popular coins, many investors have been looking for the next big opportunity in this space. One of the coins that has been attracting a lot of attention recently is AriCoin. What is AriCoin? AriCoin is a new cryptocurrency that is attracting attention for its innovative technology and promising potential. Launched in 2021 by a team of experienced developers and financial experts with the goal of creating a more efficient and secure digital currency. One of AriCoin’s key features is that…