The cryptocurrency market is currently showing a downward trend, with major tokens such as Solana (SOL) and Avalanche (AVAX) falling significantly. This trend comes in part from institutional selling involving new exchange-traded funds (ETFs), which has negatively impacted the price of Bitcoin (BTC), sending some tokens down more than 20% in the past week. The broader market was also down 4%, as shown by the CoinDesk 20 index. Analysts at Bitfinex observed significant losses for short-term Bitcoin investors, suggesting a potential further market decline. Some traders are cautious, with Bitcoin potentially falling to around $38,000. Unlike traditional tokens, new digital…
Author: Crypto Flexs
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The U.S. Securities and Exchange Commission (SEC) has increased cryptocurrency enforcement actions by 53% in 2023. The 46 cryptocurrency enforcement actions taken by Chairman Gary Gensler last year are the most the agency has taken since 2013, according to a new report. The SEC filed 26 cases and 20 administrative proceedings in U.S. federal courts in 2023. The total fines levied by the agency amount to $281 million. SEC Targets Cryptocurrency Securities Approximately 82% of SEC cases involved allegations of fraud, and 37% involved unregistered securities in initial coin offerings (ICOs). In total, the SEC’s action targeted 124 defendants, 46%…
Layer 1 • January 24, 2024 8:01 AM EST Posted 1 minute ago In ~ Episode 2 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro, Noble co-founder Jelena Djuric, and Skip Protocol head of strategy Sam Hart.Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).Jelena Djuric is a co-founder of Noble and Sam Hart is a co-founder of Timewave Labs and Head of Strategy at Skip Protocol.In this episode, seasoned Cosmos veterans Djuric and…
The gaming industry has changed dramatically over the past few years, and NFT metaverse games have become a truly exciting and creative development. These games combine virtual worlds, real-world asset ownership, and decentralized technologies, capturing the attention of blockchain enthusiasts and gamers alike. This essay delves deep into the complex process of creating an NFT metaverse game, highlighting every step from ideation to obstacles to future development possibilities. When exploring this immersive world presented by Chainers, it is essential to understand the following context: NFT Metaverse GameThis is where true ownership and unique digital assets take center stage.Let’s start with…
About 387,705,784 is the amount I lost on Cryptofx. I’ve had it since August. I sent approximately 1 Bitcoin per week. It took me a few minutes to realize that I was being completely fooled. A huge thank you to Claimpayback’s smart contract expert.c0m for opening a Telegram case on @claimpayback. I am happy to report that I have successfully transferred my first 9,601 Bitcoin from my outsourced wallet to my Coinbase account. We are looking forward to the Bitcoin ETF becoming active. What an amazing moment to be alive.
European Residents Express Strong Confidence in Cryptocurrency Future – Chainwire housenewsroomEuropean residents express strong confidence in the future of cryptocurrencies We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the…
Citi’s latest report titled “Supply Chain Financing – Building Resilience as the New Definition of ‘Global’” provides comprehensive insights into the evolving global trade and supply chain environment. Published January 22, 2024, this report is the fourth edition of the Citi Global Perspectives & Solutions (Citi GPS) series and is a testament to the transformative changes in global trade dynamics. Transformative technological innovation and resilience Jane Fraser, CEO of Citi, highlights the important role of disruptive technological innovation in increasing resilience across global supply chains. This focus on resilience is driven by a universal pursuit of security across multiple domains,…
Over the past few weeks, Ethereum has finally started to gain some strength against Bitcoin and other top-performing cryptocurrencies. But over the past few weeks, the upside has almost completely disappeared. The price action of rising and then immediately falling formed a potential bearish Japanese candlestick reversal signal. Will ETHUSD continue to decline, or will it begin an upward trend again? We will explore technical signals to watch for. Ethereum ETHUSD reversal signal possible Bitcoin and Ethereum, the top two cryptocurrencies by market capitalization, have seen unusual differences between the two assets in terms of price action. Ethereum bottomed in…
Fonbnk recently announced a partnership with Avalanche. The announcement was made on Fonbnk’s official X/Twitter account. In a series of tweets, Fonbnk said the partnership would give the Avalanche a boost. Through this collaboration, the Avalanche developer and builder community will benefit from Fonbnk’s off- and on-ramp solutions. This will provide risk-free payments across the African region. The tweet says collaboration is like a fusion of possibilities. Following the partnership, +Fonbnk’s no-code, low-code, easy-to-use APIs and dApps will be readily available to Avalanche developers and customers. Additionally, the developer community can use Fonbnk’s Pay Widget to integrate payment solutions into…
Hello fellow traders and cryptocurrency enthusiasts. This is Jimmy from Platinum Crypto Academy. Today I want to explore some powerful insights that are shaping the world of finance, and more specifically the Bitcoin space. The environment is changing and as traders we need to stay ahead of these changes. Understanding Liquidity-Oriented Markets I have seen firsthand how liquidity, or the ease of converting assets into cash, shapes the dynamics of our investments. Let’s take a closer look at this concept and its implications for traders and investors. Liquidity means the presence of liquid assets in the market. Simply put, it’s…