Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Ripple is making significant progress in its regulatory journey with the SEC. Meanwhile, Avalanche (AVAX) and Borroe Finance (ROE) are gaining momentum. Ripple is advancing regulation XRP has been plagued by regulatory hurdles, but we are finally seeing some light at the end of the tunnel. Recent developments in Ripple’s legal battle with the SEC are encouraging. If Ripple can successfully navigate these regulatory hurdles, it could benefit XRP and the entire cryptocurrency market. This is why users are…
Author: Crypto Flexs
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Contrary to the broad market consensus, Matrixport analyst Markus Thielen expects the Securities and Exchange Commission to reject any Bitcoin spot ETF proposal in January.Despite frequent meetings between filers and the SEC in recent weeks and updated S-1 prospectuses, Thielen noted in his report that these applications still fall short of important requirements that must be met before the SEC will approve them.Thielen based his views on political dynamics and compliance issues. Analysts argued that while ETFs would help cryptocurrencies succeed in the U.S., the SEC chairman still sees the industry as needing stricter compliance.“SEC Chairman Gensler does not accept…
BitcoinThe bull market came to an abrupt halt Wednesday morning when the price of the cryptocurrency plummeted below $42,000 in a matter of minutes.According to data from CoinGecko, the price of Bitcoin has fallen 7.3% in the past 24 hours, with the cryptocurrency currently down about 7.3%. $42,200. Bitcoin prices fell as low as $41,804 during the crash, offsetting gains seen last week.According to data from CoinGlass, more than $550 million worth of long cryptocurrency positions were liquidated in the last 24 hours, including $104 million worth of Bitcoin purchases in the last hour alone.Other cryptocurrencies in the top 10…
Pullix Hybrid Exchange, PLX Token “Trade-to-Earn” has revolutionized DeFi. Chainlink (LINK) hits yearly high thanks to Polygon consolidation. The NEAR Protocol (NEAR) is quietly rising amidst strategic consolidation. The decentralized finance (DeFi) landscape is rapidly evolving with the emergence of new cryptocurrency players. Some DeFi protocols making waves in the cryptocurrency industry include Chainlink and Near Protocol. As Chainlink connects smart contracts with real-world data on blockchains and the NEAR Protocol provides a platform for developers to create and launch decentralized applications, Pullix, a new DeFi platform that bridges the strengths of centralized and decentralized exchanges, has emerged. . Pullix…
The Roland TR-808 Rhythm Composer, commonly known as the 808, is one of the most iconic drum machines in music production history. Released in 1980, the 808 was initially intended as a tool for creating accompaniment for soloists. However, it quickly found its way into the hands of producers and artists across a wide range of genres, and its unique sound and capabilities had a lasting impact on all subsequent music. Birth of a Legend The 808 was released at a time when electronic music was still in its infancy, and drum machines were seen as tools for creating simple,…
Now that we have seen how instant settlement can affect the construction industry let’s see the next industry that can have a huge impact – logistics.To begin, let’s examine the logistics industry through the lens of an online order example. What unfolds when we select a product on a website that requires delivery to our door? Who are the entities involved in this process, and what does the payment process entail?So I pick something from the website and order it. I pay for it and wait for the product to be delivered to my door and hope that what will…
Summarizing the year, Meta AI (@AIatMeta) showcased an impressive array of advancements in artificial intelligence in 2023. As we approach the end of the year, this summary gives us a glimpse into the future of AI technology and what the future holds for it. It has potential impact on a variety of industries. Here are the top 10 AI research and developments shared: MetaAI: Segment Anything (SAM): A pioneering step in creating the first baseline model for image segmentation, SAM represents a significant leap forward in computer vision capabilities. For more information. DINOv2: This innovative method is the first to…
Prices have risen about 10% in the past 24 hours, outpacing the broader cryptocurrency market, with on-chain trading volume on Arbitrum-based applications exceeding $920 million. During the same period, the CoinDesk market index fell 1.7%. Arbitrum inflows have overtaken the volume of Solana-based applications, which surged following the meme coin craze in December.
According to the latest Google Search Traffic Report, Solana ranks first among Ethereum by stablecoin trading volume. Solana-based USDC is now the most traded stablecoin. Stablecoins have registered a whopping $103 billion worth of transfers on Solana. A prominent Web3 influencer named Degen News noted that this is the first time Solana has surpassed Ethereum in terms of stablecoin trading volume. According to the report, Ethereum followed Solana with $90.9 billion, while Tron came in third with $82.3 billion. BNB Chain ranked fourth with $14.6 billion. Qiao Wang, a former Messari researcher, also said that Solana-based USDC has surpassed Tron-based…
Polygon (MATIC) price finally closed above the long-term descending resistance trendline where it had held since its all-time high. Despite the breakout, MATIC failed to accelerate its growth rate. Will that happen soon? Polygon Closes Above Long-Term Resistance MATIC price has fallen below its long-term descending resistance trendline since December 2021, when it was trading at an all-time high of $2.90. The rate of decline was rapid, reaching a record low of $0.32 in June. Afterwards, MATIC began an upward trend but failed to break through. Rather, a downward resistance trendline rejected the price in February 2023 (red icon). After…