Posted 1 minute ago In ~ The Securities and Exchange Commission has requested public comment on Nasdaq’s proposal to allow options trading on BlackRock’s spot Bitcoin ETF. The comment period will last 21 days. filing Posted on Friday. “The Exchange proposes to amend Option 4, Section 3, Underlying Securities Standards to allow the Exchange to list and trade options on the iShares Bitcoin Trust (the ‘Trust’) as a unit eligible for options trading on the Exchange.” Submission is stated. James Seyffart, Bloomberg Intelligence ETF research analyst, said the SEC is moving faster than usual on the proposal. “The SEC has…
Author: Crypto Flexs
Read More
The cryptocurrency industry recently reached a major milestone as the U.S. Securities and Exchange Commission (SEC) approved a spot Bitcoin exchange-traded fund (ETF), ushering in a new era in cryptocurrency investing. This development, expected to take over a decade, marks an important step in legitimizing cryptocurrency investments and bridging the gap between the traditional financial system and the burgeoning digital asset market. A new investment path Spot Bitcoin ETFs, unlike futures-based ETFs, hold actual Bitcoin, giving investors more direct exposure to the cryptocurrency. This is different from futures-based ETFs, which are based on contracts predicting future Bitcoin prices. BlackRock, ARK…
Ethereum is gearing up for a breakthrough year in 2024, according to market analysts. The native token of the market-leading Ethereum smart contract blockchain is poised to ride technical and regulatory catalysts to outpace Bitcoin’s gains this year. TLDR Ether could launch in 2024 as the spot ETF narrative builds and major Ethereum upgrades like Dencun reduce fees. Ethereum remains the dominant platform for DeFi, NFTs, and smart contracts compared to its competitors. The upcoming Dencun upgrade aims to improve scalability and significantly reduce network congestion and fees. Institutions predict that ETH will outperform BTC in 2024, given Ethereum’s strength…
Online gaming has been growing in popularity in recent years, with millions of players around the world engaging in a variety of virtual worlds, battle arenas, and role-playing games. With the advent of blockchain technology, a new player has emerged in the online gaming industry: GameLeagueCoin. GameLeagueCoin is a cryptocurrency designed specifically for the gaming industry. We aim to revolutionize online gaming by providing a decentralized and secure platform for in-game transactions, asset ownership, and player-to-player interaction. With its unique features and potential benefits, GameLeagueCoin has the potential to reshape the online gaming landscape and become the currency of choice…
Oaktree Capital Management co-founder Howard Marks questions the intrinsic value of Bitcoin and gold, preferring high-yield bond funds as a safer investment option. In a recent episode of the Merryn Talks Money podcast, Oaktree Capital Management co-founder Howard Marks expressed his views on Bitcoin and gold, suggesting they lack intrinsic value. Marks, who specializes in non-performing loans and manages about $180 billion, emphasized gold’s historical reliability but questioned its fundamental legitimacy. Discussing the current investment environment, Marks pointed out significant changes that indicate the era of 0% interest rates may be over, advising investors to explore alternatives such as high-yield…
As the price fell, the correlation between Ethereum and Bitcoin also decreased. New developments on the Ethereum network could benefit ETH in the future. Bitcoin (BTC) has been in the spotlight for quite some time due to expectations for ETFs. As a result, Ethereum (ETH) lagged behind and the correlation between the two coins appeared to decline. How to break up According to data from Kaiko, the correlation between BTC and ETH has fallen below its historical average of 0.71 for the first time since 2021. In recent months, the two cryptocurrencies have seen different price movements, benefiting from ETF-related…
Jenny Johnson, President and CEO of Franklin Templeton, joined CNBC’s ‘Squawk Box’ to discuss the company’s spot Bitcoin exchange-traded fund (ETF) offering in the United States. In this interview, Johnson shared why she is investing in Bitcoin. Why CEO Franklin Templeton Became a Bitcoin Believer As she said in the interview, the CEO reportedly said, “Bitcoin is the biggest disruptor of one of the biggest disruptions in financial services,” which led many to believe that she does not support or believe in cryptocurrency assets. . Contrary to this belief, she points out that the launch of the Franklin Bitcoin ETF…
The fields of artificial intelligence (AI) and machine learning continue to evolve, and Vision Mamba (Vim) is emerging as a groundbreaking project in the AI vision field. The recent academic paper “Vision Mamba – Efficient Visual Representation Learning with Bidirection” introduces this approach in the area of machine learning. Developed using a state space model (SSM) with an efficient, hardware-aware design, Vim represents a significant leap forward in the field of visual representation learning. Vim solves the important challenge of efficiently representing visual data, a task that has traditionally relied on self-attention mechanisms within Vision Transformers (ViT). Despite its success,…
Cardano price wavered below the crucial $0.50 level in the early hours of January 19, with tracking on-chain data revealing key details surrounding the downward price trend. Cardano price saw significant gains in the first 10 days of January as investors increasingly shifted their focus from Bitcoin (BTC) to altcoin markets. However, bearish headwinds and widespread market clearing caused the ADA price to fall below $0.50 on January 19th. What is driving the current ADA price downtrend and what can traders expect going forward? A Cardano whale was discovered this week offloading $120 million in ADA. Cardano’s price fell below…
Our brave beneficiaries are staying busy as always. Read our latest achievements 🏆 Ens The Ethereum Name Service (ENS) runs on the Ethereum blockchain, but it’s not just for ETH addresses! ENS maps human-readable domain names to locations across the decentralized web, including Ethereum and other blockchain addresses, Tor .onion addresses, decentralized websites, and data hashes stored in IPFS. ENS continues to expand its scope with recent integrations including: That’s far from everything. ENS 2020 Retrospective Follow ENS on Twitter for a recap of a pretty busy year. @ensdomains And check it out 2021 Roadmap To see what’s next: textile…