According to recent sources Applicant for Ethereum Spot Exchange Traded Fund (ETF) We are confident of approval from the U.S. Securities and Exchange Commission (SEC). Eleanor Terret reveals opinion from Ethereum ETF issuer Eleanor Terret, Fox Business correspondent and journalist. shared It exposes possible obstacles and multiple perspectives, along with varying expectations of the SEC’s position. Terret used the social media platform X (formerly Twitter) to share its developments with the cryptocurrency community. In the X post, Terret mentioned several anonymous sources who commented on the development. One source that has provided commentary on this topic is a Bitcoin spot…
Author: Crypto Flexs
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Ankr’s RPC service has been integrated into the Kava network. This allows developers to build upgradable and interoperable dApps on Kava. Users will also have access to the Kava ecosystem, with the ability to prepare RPCs, make calls, and receive information returns similar to what they would get if they ran their own Kava full node. The Kava network is the first layer 1 blockchain to integrate developer support from Ethereum and the upgrade capabilities of the Cosmos SDK. The proprietary CoinChain framework allows developers to use the Kava network to create content for Web3 and other cutting-edge blockchain technologies.…
TLDR TRON is down 3% in a week, with more losses expected by the end of the month. Polygon is down 10% in a week, but experts expect the bulls to come soon. Rebel Satoshi has achieved a 120% ROI to date and plans to generate even more pre-sale revenue in the future. Top altcoins like TRON (TRX) and Polygon (MATIC) underperformed as the cryptocurrency market continues to battle a new downtrend. on the other side, Rebel Satoshi ($RBLZ), an emerging meme coin, has left mainstream investors in awe after raising over $1.5 million during its ongoing public pre-sale. Why…
A wallet associated with defunct cryptocurrency lending platform Celsius deposited $30.34 million worth of Ethereum (ETH) into Coinbase on Monday, according to cryptocurrency tracking firm Lookonchain. Look on chain too note Chelsea deposited $5.13 million worth of ETH on cryptocurrency exchange FalconX. Chelsea’s two staking wallets still hold a total of 557,081 Ethereum worth about $1.3 billion. Celsius filed for bankruptcy in July 2022 after its token, CEL, plummeted 99% and was unable to honor withdrawals. Last July, the project’s founder, Alex Machinsky, was arrested and charged with multiple counts of fraud in the United States. Mashinsky is also being…
Hut 8 Mining Corp, a prominent Bitcoin mining company, has categorically refuted JCapital Research’s short report published on January 18, 2024. The report, which saw Hut 8’s stock price fall significantly by 23%, laid out a “pump and dump” scenario for the future and raised concerns about new risks following Hut 8’s merger with US Bitcoin Core (USBTC). As Blockchain.News reported, Hut 8 Mining Corp. was accused of illegal conduct, including an excessive pump-and-dump scheme, sending its stock price down 23%. The report, “The Coming HUT Pump and Dump,” links Hut 8’s $725 million merger with US Bitcoin Corp to…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Several popular cryptocurrencies have seen rapid rises over the past few years. One such example is Solana (SOL). Meanwhile, investors are closely monitoring Borroe Finance (ROE). The platform aims to redefine web3 financing and has garnered support from XRP investors. Find out more about Borroe Finance Borroe Finance has raised more than $2.6 million through an ongoing pre-sale. AI-powered fundraising marketplaces allow web3 businesses to raise cash by selling future earnings to their supporting communities at a discounted price.…
Posted 1 minute ago In ~ Tesla Inc., an electric car maker led by Elon Musk, did not sell or buy bitcoin during the fourth quarter of last year, according to its latest quarterly data. report.Tesla Inc. did not report any Bitcoin-related activity in its fourth quarter report, suggesting the company holds 9,720 Bitcoins. The absence of any mention of the largest cryptocurrency by market capitalization means that Tesla is not involved in converting Bitcoin into fiat. These are the transactions typically included in these reports.The company remains the third-largest Bitcoin holder among publicly traded companies, behind MicroStrategy Inc. and…
Ethereum, the core of the decentralized application ecosystem, found itself on a precarious path this week. The cryptocurrency’s value has breached the crucial $2,250 support level and now stands on the edge of a crucial crossroads between prospects of a revival and the looming threat of a more pronounced recession. Analyzing the technical environment reveals a cautious narrative, as an ominous bearish trend line appears on the hourly chart of the Kraken exchange and elastic resistance at $2,240 presents a formidable obstacle. Ethereum: Uphill Battle and Key Levels to Watch The journey to regain lost ground will require a Herculean…
Changpeng Zhao, the former CEO of cryptocurrency exchange giant Binance, has been denied permission to leave the United States despite offering $4.5 billion worth of bonds. The development follows Zhao’s guilty plea to US anti-money laundering charges and marks a significant chapter in the authorities’ ongoing investigation into the cryptocurrency industry. Zhao blocked from US exit despite Binance stake offer Zhao, who took up his position at Binance in November 2023, has been entangled in a complex legal situation with the U.S. judicial system. He offered to pledge his entire $4.5 billion stake in Binance.US to obtain permission to travel…
Terra Classic is down more than 22% over the past seven days. Sentiment towards LUNC has turned positive and some indicators are bullish. Terra Classic (LUNC) Investors have suffered losses over the past few weeks as token prices plummet. While the price decline can largely be attributed to bearish market conditions, it has also had a negative impact on the blockchain’s staking ecosystem. Terra Classic staking is recovering Terra Classic prices fell by double digits last week. According to CoinMarketCap, LUNC is down more than 22% over the past seven days. The price drop may have created fear among stakers,…