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Author: Crypto Flexs
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Sei (SEI) Sui (SUI) and THORChain (RUNE) saw the biggest declines on Thursday as Bitcoin and Ethereum struggled. BTC’s decline comes amid an ongoing selloff from Grayscale, which has deposited more than $1.7 billion in BTC on Coinbase Prime since January 12th. Cryptocurrency markets were in the red on Thursday afternoon as the price of Bitcoin fell back below $41,500. Altcoins are also struggling, with the global cryptocurrency market cap falling about 2.4% to $1.71 trillion, with Ethereum falling below $2,500. The biggest decliner on the day was Sei (SEI), down 15%. Sui (SUI) fell 10%. THORChain (RUNE) is down…
Crypto analyst and trader Michaël van de Poppe is bullish on decentralized oracle provider Chainlink (LINK). From de Poppe says X social media platform’s 685,200 followers believe LINK could soar more than 90% above its current value. “LINK appears ready to continue after sweeping the lows. As long as we stay above $13.50-$14.25, things are likely to continue towards $25-$30.” Source: Michaël van de Poppe/X Looking at his chart, the trader suggested that in the short term, LINK could soon cross the $16 level, fall below $15, and then bounce back above the $18 level. LINK is trading at $15.72…
Hello everyone, I sent BTC to my Phantom Taproot account but now I realized I need to send it to my segwit account. I’m wondering how I can transfer it and whether it’s possible on Phantom as well. It was 0.2 BTC so I really hope that wasn’t the cause of the loss. This is my account – bc1pyq2d92jd-j2z5cf50w52mw97a-jgdvmkdvu687ec4h-m46kn64pteuqxl4xfk This is the hash – 5ce798acd74293c708d7d425e93717e903d-ce6c3989d07c81c0ee9110ab06f38
Asia • January 18, 2024, 10:01 PM EST Posted 1 minute ago In ~ A Blue House official said, “The Blue House urged the Financial Supervisory Service to reconsider the possibility of approving a Bitcoin domestic spot ETF (exchange-traded fund).”Sung Tae-yoon, chief of staff for policy at the Blue House, said at a briefing Thursday that the South Korean government is exploring ways to incorporate diplomatic issues into local regulations. This could indicate Korea’s openness to the launch of a spot cryptocurrency ETF. local news outlets Maeil Business Newspaper Reported on Friday.The Blue House’s remarks came after the Financial Services…
The U.S. Securities and Exchange Commission (SEC) announced on January 18 that it had postponed its decision on Fidelity’s proposed spot Ethereum ETF.More specifically, the decision concerns a proposed rule change that would allow Cboe BZX to list and trade shares of Fidelity’s planned funds.The SEC noted that the proposed rule changes were originally filed on November 17, 2023, and were published in the Federal Register for comment on December 6, 2023.As of that date today, the SEC said it must initiate the process to determine whether to approve, reject or disapprove previously proposed rule changes by Jan. 20. However,…
Cryptocurrencies such as Bitcoin and Ethereum have been making headlines in recent years as they dominate the market. However, there are many other cryptocurrencies worth exploring, and FeatherCoin is one of them. FeatherCoin has a lot to offer both investors and users, despite not receiving as much attention as some of its competitors. What is FeatherCoin? FeatherCoin (FTC) is an open source cryptocurrency launched in April 2013. It is based on the Bitcoin protocol, but has some key differences, including shorter block times and a different hashing algorithm. FeatherCoin aims to provide a fast, secure and decentralized payment system that…
The planned IPO is also a test for Reddit users to show their loyalty to the platform. Reddit, a famous social media platform, is preparing for an initial public offering (IPO) in March to enter the stock market after three years of consideration. The company has secretly filed for an IPO in December 2021, hoping to go public in February 2024, according to a report from Reuters on Thursday citing people familiar with the matter. Reddit plans to sell 10% of its shares to investors The IPO process is expected to begin with a roadshow in early March and conclude…
Canada’s financial regulator, the Canadian Securities Authority (CSA), has outlined a project aimed at making amendments that reflect priority issues regarding investing in cryptocurrency assets. “We propose to revise the definition of “alternative mutual funds” to also include mutual funds that invest in crypto assets,” was one of the changes brought about. Canadian regulators tighten control over cryptocurrencies According to a recent statement, the CSA plans to add a new section to its guidelines. This will advise investment funds that they can only invest in cryptocurrency tokens that are easily accessible to the wider public. We propose to add section…
Investors continue to look for profitable opportunities within the cryptocurrency market, especially altcoins. Data from The TIE, a prominent digital asset information service provider, highlights the five altcoins offering the highest staking rewards.. This is an important factor for investors who want to maximize their investment by earning passive income with their altcoins. High Yield Altcoin Created in January Leading the way is Energi (NRG), which boasts an impressive payout ratio of 55.82%. With a staked market cap of $2.67 million and 24.9 million tokens staked, Energi presents an attractive opportunity. Additionally, the network is maintained by 516 active validators,…