Industry analysts expect Charles Schwab to venture into offering exclusive spot Bitcoin exchange-traded funds (ETFs). Analysts speculate that the company, which provides investment products and services including brokerage and retirement accounts and manages $8.5 trillion in client assets, could launch a physical Bitcoin ETF, according to RIABiz and other media outlets. In short…Schwab isn’t going to sit back and let Fidelity control the cryptocurrency narrative.period.There is too much $$$ at stake with these brokerage platforms.— Nate Geraci (@NateGeraci) January 27, 2024 Schwab, which has a reputation for conservative and thoughtful product development, will likely be waiting to unveil an ETF…
Author: Crypto Flexs
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Posted 1 minute ago In ~ Orbiter Finance’s cross-chain bridge has attracted a total of over 3 million users looking to exchange assets between different layer 2 roll-up networks. Additionally, the protocol recently announced a strategic investment from OKX Ventures for an undisclosed amount. Now the protocol plans to add its own L2 to the mix. That is, the Orbiter Rollup, a new zero-knowledge proof-based “meta layer”. (Orbiter Finance should not be confused with Orbit Chain, a similarly named bridge protocol that was hacked earlier this month.)The Orbiter team proposes the Orbiter Rollup to prepare for an “omni-connected” future. “By…
Illustration by Mitchell Preffer for DecryptThe Bitcoin Spot ETF hangover may be gone, and the tall, bubbly mugs of Ethereum Spot ETF buzz are still pouring in, leaving plenty of room for conversation, debate, and the occasional scuffle in cryptocurrency bars.We’re probably overdue for an Elon Musk-related pump, and the eccentric tech mogul indirectly delivered on Monday when a Twitter account with a new gold checkmark popped up with its username. @XPayments. This was discovered shortly after Musk again teased that he was making “every app.”Crypto Twitter is excited about the possibility of the X app supporting trading of Dogecoin…
The cryptocurrency industry is taking a hit. Bitcoin (BTC) and Ethereum (ETH) are feeling the pinch as their values plummet. Some experts see this decline as a temporary setback, with a potential rebound likely influenced by the upcoming Bitcoin halving. The market is also influenced by factors such as selling pressure from the Grayscale Bitcoin Trust, which is nearing its exit, and FTX’s exit from the market. Despite the obstacles, savvy investors can still spot opportunities to reap huge profits in the changing cryptocurrency space. Cryptocurrencies like Connext Network (NEXT), Izumi Finance (IZI), Magic Square (SQR), Port3 Network (PORT3), and…
that much tron The network is decentralized blockchain It is a platform that seeks to build an extensive and interconnected global digital content ecosystem. At its core, Tron leverages its native cryptocurrency, TRX, to facilitate seamless transactions and interactions within the network. The outstanding advantages of the Tron (TRX) network lie in its excellent scalability and impressive transaction processing capacity. This amazing feature allows Tron to process a significant number of transactions quickly, ensuring smooth transaction execution. smart contract and decentralized applications (DApps). The scalability of the network is of utmost importance as it plays a critical role in supporting…
“The stock has been under extreme scrutiny during the cryptocurrency winter. While many of its peers have gone bankrupt, COIN is still fighting for its business and industry. We believe the company is stronger than many people think and that its management team is in a better position than most investors. I believe it is stronger. Think about it.” analyst Owen Lau wrote in a note.
The U.S. Department of Justice recently filed a notice of intent to sell 2,933 bitcoins seized from convicted Silk Road dealer Ryan Farace. The current value of BTC is approximately $117 million and is expected to be auctioned in the near future. TLDR The U.S. government plans to sell approximately $117 million worth of Bitcoin seized from convicted Silk Road drug trafficker Ryan Farace. Farace was previously convicted in 2018 of selling Xanax on dark web marketplaces like Silk Road and receiving more than 9,000 bitcoins in the transaction. Farace claimed he no longer had access to the bitcoins, but…
The Avalanche posted double-digit gains amid forecasts of renewed momentum toward $100 gains. BITBOT is likely to dominate the Telegram cryptocurrency trading landscape, making it a pre-sale token of choice due to its high investment potential. The Bitbot (BITBOT) token is generating a lot of interest from traders this weekend as the market rebounds following Bitcoin’s rally. Meanwhile, one of the best altcoins currently showing potential momentum is Avalanche (AVAX). AVAX posted double-digit gains as analysts pointed to its future potential. However, the opportunities available through BITBOT’s pre-sale are of great interest. Avalanche (AVAX): Is there a chance it could…
BitMEX co-founder Arthur Hayes said he thinks the price of Bitcoin (BTC) will continue to fall and that he is prepared to invest in certain altcoins if it does. In the new analysis, Hayes points out that the cryptocurrency kingpin could see a 30% correction from the 2024 high of around $48,000 it reached after its BTC exchange-traded fund (ETF) was approved earlier this year. According to Hayes, this could lead to Bitcoin ultimately rising towards the $33,600 level as it forms a support zone between $30,000 and $35,000. “A 30% adjustment from the ETF’s approved high of $48,000 is…
The creation of Base Network introduces a new Ethereum Layer 2 network that stands out due to its scalability and association with the reputable cryptocurrency exchange Coinbase. Known for its strong portfolio of cryptocurrency assets and trusted reputation, this partnership with Coinbase provides a strong foundation for Base Network, which aims to address high transaction costs within the Ethereum network. Additionally, Base Chain, a secure and cost-effective alternative provided by Base Network, is expected to revolutionize transaction fees within the Ethereum environment and create a more secure ecosystem for users. A strong partnership with Coinbase instills greater confidence in the…