Ethereum is likely to outperform Bitcoin in the medium term as the market anticipates possible spot acceptance. ETH -2.93% The ETF was recently announced by QCP Capital. Market update report.Ethereum prices are up more than 5% in the week since the Securities and Exchange Commission approved several spot Bitcoin ETFs in the U.S., according to The Block’s pricing page. On the other hand, the price of Bitcoin fell more than 6% during the same period.“We expect Ethereum to outperform Bitcoin in the medium term as talk changes about the potential approval of an Ethereum spot ETF,” QCP Capital analysts said.QCP…
Author: Crypto Flexs
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In a wide-ranging conversation in Davos, Microsoft CEO Satya Nadella spoke about artificial intelligence and the future of computing and consumer technology. And even on the other side of the world at CES, he was impressed by the Rabbit R1’s debut.“I thought the demo of Rabbit OS and the device was fantastic,” he said. bloomberg. “I have to say it was probably one of the most impressive presentations I’ve seen since Jobs and the launch of the iPhone.”AI-based standalone hardware has drawn mixed reactions, from those who think the device is groundbreaking to skeptics who don’t understand why people don’t…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEBitcoimex is a fraudulent DApp used by scammers to convince unsuspecting investors to part with their cash.The scam usually begins with the victim being…
Identifying the next unicorn, which refers to startups valued at more than $1 billion, is a bit like finding a digital treasure. For this reason, the renowned cryptocurrency analyst has identified 50 potential unicorns in a hypergrowth cycle among the numerous altcoins. These tokens cover a variety of sectors including Layer 1 to Layer 2 solutions, Real World Assets (RWA), GameFi, and more. Each therefore represents a unique approach to blockchain technology and its applications. Altcoins Could Reach $1 Billion Value Cryptocurrency and DeFI researcher Alex Wacy has pinpointed 50 emerging altcoins that have the potential to become unicorns during…
I am seeking help in understanding the technical aspects of how the Electrum wallet handles parsing errors and potential solutions to resolve them. A friend of mine was facing a recurring issue where his Electrum wallet was failing to parse the wallet file during the opening process. I’ve had this problem before and the wallet eventually worked again, but now it’s consistently unresponsive. We have access to the wallet’s password, but not the seed phrase. Could you please provide some insight or advice on the underlying mechanism causing parsing errors in Electrum wallets and potential cryptographic approaches to resolve this…
SBI Holdings Launches XRP Ledger NFT at Expo 2025SBI Holdings, a Japanese financial giant and Ripple partner, plans to issue Non-Fungible Tokens (NFTs) on the XRP ledger for the upcoming EXPO 2025 in Osaka, Japan. This initiative represents an important step in the adoption of NFT and blockchain technology for large-scale international events. SBI Holdings, in collaboration with other major financial institutions, operates the “EXPO2025 Digital Wallet” where users can acquire and view EXPO original NFTs called “Myakun!” NFTs are available on the dedicated SBI VC Trade website. This move demonstrates SBI Holdings’ confidence in its partnership with Ripple and…
ARK Investment Management, led by Cathie Wood, sold from the ProShares Bitcoin ETF and reallocated about $16 million into its own Bitcoin ETF. These moves included the sale of shares of ProShares Bitcoin ETF (BITO), the pioneer ETF in the U.S. Bitcoin futures market, and the acquisition of 365,427 shares of ARK 21 Shares Bitcoin ETF (ARKB). This adjustment brings ARKB to 1% of the ARK Next Generation Internet ETF (ARKW). ARKB’s stock price fell to $43.51 on Tuesday, a significant decline from its initial listing price of $49 on January 11. Previously, ARK Investment Management switched investments from Grayscale…
The European Banking Authority (EBA) has made significant progress in regulating Crypto Asset Service Providers (CASPs), publishing updated guidance to mitigate risks associated with money laundering and terrorist financing. The move, announced on January 16, 2024, is part of a broader effort to harmonize regulatory approaches across the European Union and integrate cryptocurrency companies into existing financial regulatory frameworks. The revised directive expands the European Union’s anti-money laundering and counter-terrorist financing measures to cover all European cryptocurrency companies. CASPs, including exchanges, wallets, and custodians, are now required to comply with stringent anti-money laundering (AML) and know-your-customer (KYC) financial regulations. The…
Because it is a more familiar and regulated way to allocate capital to the cryptocurrency market. Check out Coinbase and MicroStrategy stocks for 2023. Both stocks outperformed Bitcoin, and that’s no coincidence. These ETFs will open the floodgates for registered investment advisers (RIAs), pension funds, and hedge funds to get in on the action. Investment banks will also begin creating new products based on these ETFs, and the CBOE is awaiting approval to begin listing options on these new ETFs.
Cryptocurrency exchange Gemini is now registered as a cryptocurrency services provider in France. The exchange plans to offer its services and products to French customers in the coming weeks. Coinbase also recently received a VASP license from French regulators. On January 17, the US-based cryptocurrency exchange co-founded by the Winklevoss twins Cameron and Tyler announced that it had secured a Digital Asset Service Provider (DASP) registration from French financial markets regulator L’Autorité des Marchés Financiers (AMF). The milestone follows Gemini’s unveiling of its EU headquarters in Ireland in 2022 and will see the exchange expand its cryptocurrency products and services…