SilkCoin is a new digital currency that is attracting attention in the cryptocurrency world. Many experts believe this has the potential to revolutionize the way we think about money. In this article, we’ll take a look at what SilkCoin is, how it works, and why it could be the future of digital currencies. What is SilkCoin? SilkCoin is a decentralized digital currency that uses blockchain technology to facilitate secure and anonymous transactions. It was created with the goal of providing a more efficient and accessible financial system for people around the world. Unlike traditional currencies, SilkCoin is not controlled by…
Author: Crypto Flexs
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Karma Protocol: The First Completely On-Chain Protocol for Prediction Markets – Chainwire housenewsroomKarma Protocol: The first fully on-chain protocol for prediction markets 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…
The Switzerland-based dYdX Foundation provides legal, R&D, marketing and technical support to cryptocurrency trading projects, including perpetual futures contract exchanges and specialty blockchains in the Cosmos and Ethereum ecosystems. The foundation’s goal is to grow dYdX into “the Internet’s exchange layer.” vertex.
Posted 1 minute ago In ~ Coinbase said Monday that institutional customers will begin charging fees. USDC +0.04% Net U.S. dollar conversions in excess of $75 million “per 30-day period.”Conversions between $75 million and $150 million will incur a 0.1% fee, while transactions between $150 million and $500 million will incur a 0.15% fee. USDC to USD conversions over $500 million are subject to a 0.2% fee.Circle is the issuer of USDC, which was overtaken by Tether’s USDT token last year as the largest stablecoin by market capitalization.Some customers will be exempt from the new fee.“Coinbase Prime customers who hold…
Bitcoin price is rising above the $42,500 resistance level. BTC is showing positive signs and may increase to $45,000 resistance. Bitcoin price is rising above the $42,500 resistance zone. The price is trading above $43,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline forming with support near $42,150. A break above the $43,800 and $44,200 resistance levels could continue the upward move for the currency pair. Bitcoin price goes higher Bitcoin price began a significant rise above the $41,200 resistance zone. BTC could move further into…
The cryptocurrency market in 2024 is characterized by a cautious yet optimistic outlook due to important developments and expected events. The stability observed in major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), which have been trading sideways throughout the year, is a departure from their typical volatility. This period of relative calm was disrupted by a positive uptick in the last quarter of the previous year, which signaled a potential shift in market dynamics. The approval of a Bitcoin spot ETF, expectations for an Ethereum ETF, and the upcoming Bitcoin halving are key drivers of this optimism. Expected events…
After Bitcoin (BTC) bottomed out in its 2018 bear market, a trader believes one Ethereum (ETH) rival is poised for a big rally. Solana (SOL) appears to have completed the ABC correction, pseudonymous analyst Bluntz told his 238,500 followers on social media platform X. Bluntz said he now expects Solana to begin a new five-wave rally that could see SOL take profits of around 50% from current prices. “SOL recovered breakdown range, now basically confirmed up to $150+. The bear is trying to learn the true meaning of pain.” source: Blunts/X Analysts practice Elliott Wave Theory, a technical analysis approach…
Today, Google revised its advertising guidelines to now allow the promotion of products from cryptocurrency trusts, such as Bitcoin Exchange Traded Funds (ETFs). Spot Bitcoin ETF issuers like BlackRock and Franklin Templeton have wasted no time marketing their funds, with ads already starting to appear.This revision comes at an interesting time as the discussion around Bitcoin ETFs continues to gain momentum after the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin ETF in the United States. Google’s decision to allow advertising for Bitcoin ETFs gives these financial products a much broader reach and exposure to a wider…
According to Kitco on January 29, TD Cowen’s Washington Research Group predicted that a spot Ethereum ETF would not win approval this year.The U.S. Securities and Exchange Commission (SEC) should soon decide on proposed rule changes that would allow spot Ethereum ETFs to be listed and traded on stock exchanges. TD Cowen argued that approval was unlikely:“(The SEC) could ultimately reject the rule change, which would lead to new filings or litigation. Either way, it would take another year or two to proceed.”In that case, approval of an Ethereum ETF is unlikely to occur until late 2025 or early 2026,…
French Hill, a senior Republican, said he was optimistic about the prospects for legislation regulating stablecoins and a bill focused on market structure in 2024. He is also ready to hear the views of top Democrats on illicit finance. The Arkansas Republican cited clarity on the Stable Currency Act and the 21st Century Financial Innovation and Technology Act, introduced last year by the House Financial Services Committee, at an event hosted by the Defense Democracy Foundation on Monday. “I remain optimistic that the bill will come to fruition in 2024,” Hill said during the panel discussion. “I’ve been very pleased…