US lawmakers must act before the next crisis to develop standards to regulate cryptocurrencies, a US Treasury official warned on Thursday. Graham Steele, Treasury’s undersecretary for financial institutions, said that whenever a financial crisis occurs, new regulations are adopted, such as the Dodd Frank Act and the National Bank Act. In the case of cryptocurrencies, policymakers have the ability to take action before a crisis occurs, he said.“For crypto assets, policymakers have an opportunity to take action to adopt higher standards that support responsible innovation before a crisis occurs,” Steele said. “At the same time, it is important that any…
Author: Crypto Flexs
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BNB price is struggling to break the $320 resistance zone. There may be a decline towards the $288 support area before the bulls target another advance. BNB price is struggling to break above the $320 resistance level. The price is currently trading near $310 and the 100 simple moving average (4-hours). A major bearish channel or bullish flag pattern has formed on the 4-hours chart of the BNB/USD pair with resistance near $316 (data source from Binance). A stay above the $288 and $282 support levels could allow the pair to continue rising. BNB price maintains support BNB price began…
FractalCoin is a new cryptocurrency that is gaining a lot of attention in the cryptocurrency world. It promises to revolutionize the way we think about and use digital currencies. But what exactly is FractalCoin and why is it being hailed as the next big thing in cryptocurrency? In this article, we will reveal the secrets of FractalCoin and explore why it could be the future of digital currency. What is Fractal Coin? FractalCoin is a decentralized digital currency based on fractal mathematics. It is designed to be a secure, scalable, and fast payment system that can be used for a…
Coinbase, one of the leading cryptocurrency exchanges, is set to face off with the U.S. Securities and Exchange Commission (SEC) in an important court hearing. This legal showdown, scheduled to take place in a New York court on January 17 at 10 a.m. ET, could have major implications for the regulatory environment of the U.S. cryptocurrency industry.SEC’s claimThe lawsuit, filed by the SEC on June 6, 2023, accuses Coinbase of violating federal securities laws. At the heart of the case is the SEC’s argument that 13 digital tokens listed on Coinbase qualify as securities. These tokens include:Solana (SUN)Cardano (ADA)Polygon (MATIC)Filecoin…
A widely respected cryptocurrency analyst and trader is expressing bullish sentiments about Ethereum (ETH) rival Solana (SOL). Analyst known by the pseudonym Bluntz says According to 237,000 followers on social media platform “I think SOL could earn up to $140+. This downtrend has been tested too many times to be considered bearish at the moment, and the clear three-wave movement down from the highs cannot be ignored. “I think this is based on the past two weeks of activity, so please send it to me.” Source: Bluntz/X Bluntz practices Elliott Wave theory, a technical analysis approach that attempts to predict…
King Ferdinand of Spain, patron of Christopher Columbus, gave the conquistadors one command: “Get the gold! Humanely if possible, but at all risk!” Five hundred years later, these feelings still seem to be the same, with new dangers added. Goldberg and Bitcoin advocates share a common belief that the fiat system is on the verge of collapse and is continually degrading itself to survive. solution? It is a commodity-based alternative that is not affected by depreciation and ensures the preservation of accrued value.The fourth halving in April 2024, with the block subsidy going from 6.25 BTC to 3.125 BTC, will…
Layer 1 • January 18, 2024 10:36 AM EST Posted 1 minute ago In ~ Layer 1 blockchain Conflux Network is developing an “EVM compatible” solution focused on interoperability with Bitcoin.This solution allows you to transfer Bitcoin and Conflux-based tokens between Conflux and the Bitcoin network. The testnet is scheduled to launch at the end of March, and the mainnet is scheduled to launch in May.Conflux is known for combining Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve consensus in the network. The new solution will operate on top of the main chain with the goal of interacting directly with…
ProShares, a leading US exchange-traded fund (ETF) provider, has announced plans to launch five new Bitcoin ETF products. These ETFs, which include the Plus Bitcoin ETF, Ultra Bitcoin ETF, UltraShort Bitcoin ETF, Short Bitcoin ETF, and ShortPlus Bitcoin ETF, are designed to provide investors with leveraged and inverse exposure to Bitcoin, which has led to increased institutional interest in this asset class. reflects . This announcement follows the U.S. Securities and Exchange Commission’s (SEC) recent approval of 11 spot Bitcoin ETFs, marking a milestone in integrating cryptocurrencies into mainstream financial markets. ProShares’ new product aims to cater to a variety…
Oh wow, it’s been a while… over 1.5 years since we’ve released Geth v1.9.0. We did do 26 point releases in that time frame (about one per three weeks), but pushing out a major release is always a bit more special. The adrenaline rush of shipping new features, coupled with the fear of something going horribly wrong. Still unsure if I like it or hate it. Either way, Ethereum is evolving and we need to push the envelope to keep up with it. Without further ado, please welcome Geth v1.10.0 to the Ethereum family. Here be dragons Before diving into…
In this guide, we dive into the emerging world of MetaMask gambling to showcase the top-rated casino sites optimized for use with this popular Ethereum wallet. Whether you want to play casino classics like slots and poker with ETH or explore next-gen crypto gambling built on chains like Polygon, these featured MetaMask casinos have it all working seamlessly through the MetaMask wallet sync. From generous crypto welcome bonuses to lightning-fast payouts, discover what makes these casinos the premier destination for Ethereum gambling via MetaMask. We have personally reviewed each site on the list, you can read our in depth reviews…