Policy • December 14, 2023 12:19 PM EST Posted 1 minute ago In ~ Securities and Exchange Commission (SEC) Chairman Gary Gensler said Thursday that the agency’s “new look” at spot Bitcoin ETF applications is taking into account recent court rulings. The SEC has rejected previous applications for a spot Bitcoin fund for years, but a panel of judges who ordered the regulator to reconsider Grayscale Investments’ failed bid may be starting to tip the balance. The agency is currently considering more than a dozen applications from leading asset managers, including BlackRock and Fidelity. “We have denied many…
Author: Crypto Flexs
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Liquidity in financial markets The ability to buy and sell assets easily and quickly without materially changing their prices is called liquidity in financial markets. The ability to quickly convert assets into cash without significantly compromising their value. High liquidity means a healthy market with many buyers and sellers, which promotes smooth trading and stable prices. This ensures investors can profitably enter or exit positions, reducing trading costs and the risk of rapid price fluctuations.Several variables affect market liquidity, including trading volume, market depth, and willingness to participate. If there is a lack of liquidity and the price fluctuates significantly,…
join us telegram A channel to stay up to date on breaking news coverage The price of the injectable drug has surged 27% in the last 24 hours. Deal for $31.05 As of 5:32 a.m. ET, trading volume had increased 28% to $452 million. INJ, which has surged 83% over the past seven days, has outperformed the overall cryptocurrency market, which is up just 0.9%. Injection Prices: Will They Hit a High in 2023? INJUSD chart analysis. Source: Tradingview.com INJ price broke out of the consolidation phase, rising from the support zone to $7.16 with bullish momentum. Despite facing resistance…
FSOC, the financial stability watchdog comprised of the heads of major U.S. financial regulators, released its annual report examining climate, banking, cybersecurity, artificial intelligence and other issues over the past year following a meeting of the group. As has been the case in the past few years, cryptocurrencies received a section.
Bitcoin price is attempting a new rise above the $42,200 level. BTC could surge if it breaks out of the $43,350 resistance area in the near term. Bitcoin started a new rally above the $42,000 support zone. The price is trading above $42,200 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trend line forming with support near $42,400. If there is a clear move above the $43,350 resistance, the pair may continue to rise. Bitcoin Price Is Aiming Higher Bitcoin price began a significant rise above the…
The top five AI tokens by market capitalization have all gained more than 500% on average this year. Launched last March, Bittensor (TAO) has increased nearly 400% since launch, hitting an all-time high today at $394. Leading AI tokens have gained significant traction in the broader market by innovating unique models that aim to democratize AI through peer-to-peer marketplaces. Sold out#Pleasesor $tao It made ATH at $395.When I first reviewed it on January 19, 2023, it was around $40 and not listed on the stock exchange… ..I waited for it to drop to $30… It’s gone 😂… Of course, I…
Market • December 14, 2023 1:42 PM EST Posted 1 minute ago In ~ Bitcoin BTC +0.36% The stock rose above $43,000 in a day after the U.S. Federal Reserve announced another interest rate moratorium at its latest meeting. However, volatility has spiked in the past 24 hours, resulting in the liquidation of more than $63 million in leveraged positions, according to Coinglass. data.The majority of liquidations were short sales, with $38.4 million liquidated. After Bitcoin briefly fell below $43,000, $24.7 million in long positions were liquidated. Volatility, which has shaken many leveraged positions, is the highest it has been…
In the rapidly evolving world of iGaming, the integration of cryptocurrencies is revolutionizing the gambling industry. Artificial Intelligence (AI) has made significant progress in improving online poker platforms such as those already reviewed. Top10PokerSites.netCurrently at the forefront is the adoption of digital currencies by online casinos and poker rooms.This article focuses specifically on how cryptocurrencies such as Bitcoin and Ethereum are being utilized in online betting, poker, and casino platforms, and examines the strategies, risks, and future trends at the intersection of technology and gambling. It provides detailed insights for gambling enthusiasts and industry experts alike and highlights the transformative…
According to TechCrunch: reportLolli, a popular Bitcoin (BTC) and cashback Apply for compensation Successfully raised $8 million in Series B funding round. The recent investment, led by BITKRAFT Ventures, allows Lolli to expand its rewards program to enterprise partners such as exchanges, neobanks, banks, payment companies and browsers. Lolli’s Bitcoin Rewards App Is Thriving according to the report, Released in 2018, Lolli has experienced significant growth, partnering with over 25,000 stores. The application’s rewards program allows users to earn Bitcoin or cashback when making purchases online or at physical retailers. In particular, Lolli has set an ambitious goal of expanding…
The tokens of decentralized finance protocol SafeMoon (SFM) fell 31% in the five hours after the company filed for bankruptcy.Safemoon formally filed for Chapter 7 bankruptcy protection in the U.S. Bankruptcy Court for the District of Utah on December 14. The voluntary petition was filed by attorney Mark Rose with Chief Judge Joel T. Marker presiding over the case.A bankruptcy petition was filed today in U.S. Bankruptcy Court in Utah. Source: U.S. GovernmentA screenshot of a letter sent to employees from the company’s chief restructuring officer was released on Reddit, explaining that the bankruptcy was the reason the company could…