Immediately after this week’s event historical approval and a list of 10 Bitcoin ETF SpotExcitement about what could now be a spot ETH ETF has spread throughout the Ethereum community. imminent.But for those of you worried about having too many celebrations in one week, don’t worry. Securities and Exchange Commission (SEC) Chairman Gary Gensler always attends the parade. In an interview with CNBC This morning, Gensler offered little encouragement when asked if a spot Ethereum ETF was poised for SEC approval soon. “We take a look at what we’ve done this week with our cabin on a non-secure product called…
Author: Crypto Flexs
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JP Morgan is not very confident that the Securities and Exchange Commission will stay away Ethereum ETH -1.11% The exchange-traded fund is expected to be approved in May, the first deadline for approving such funds.“If the SEC is to approve a spot Ethereum ETF in May, we believe it will have to classify Ethereum as a commodity (similar to Bitcoin) rather than a security,” JPMorgan’s Nikolaos Panigirtzoglou told The Block. “This is by no means a given and I wouldn’t put it above a 50% chance that the SEC will classify Ethereum as a commodity before May.”Earlier this week, the…
Grayscale Bitcoin Trust transferred approximately 4,000 BTC worth $183 million to Coinbase Prime deposit addresses. This has been revealed in the latest data from Arkham Intelligence. Grayscale’s Spot Bitcoin ETF, known for its relatively high fee structure of 1.5%, may be seeing a shift as investors explore their options in response to the SEC’s recent approval of several spot Bitcoin ETFs . Other ETFs managed by companies such as BlackRock, VanEck, ARK 21Shares and Bitwise offer more competitive fees, ranging from as low as 0.2% to 1.5%, and some even introduce initial exemptions. Grayscale’s Coinbase address transfer history | Source:…
Have you ever looked at the stars and noticed how everything in the universe is connected? Nikola Tesla, the famous inventor and engineer, thought these connections were about energy, how often things vibrate, and how they move. I believe so too. Our perception of every aspect of life can be perceived as a transfer of energy, a simple equation. Let’s take a moment to look at the seemingly random interactions in the world as our own version of energy trading. The following analogies are a variety of ways to help us think about energy, especially how we use and share…
As the world of cryptocurrency continues to expand and evolve, new investment opportunities are constantly emerging. One such opportunity is CashCoin, an innovative digital currency that promises to offer investors a unique and profitable path to financial growth. In this article, we will uncover the secrets of CashCoin and explore why it could be the best cryptocurrency investment. What is CashCoin? CashCoin is a blockchain-based cryptocurrency that aims to be a fast, secure, and scalable digital currency for everyday transactions. It is designed to provide a seamless and efficient payment solution for both consumers and merchants with low fees and…
Ethereum co-founder Vitalik Buterin applauded Optimism’s efforts for the RetroPGF Round 3 initiative. This round saw an impressive distribution of over $100 million to 501 contributors, marking a pivotal moment for public good financing within the blockchain space. Optimism’s Innovative Funding Approach Optimism has taken a new approach to supporting the development of public goods through its Retroactive Public Goods Funding (RetroPGF) program. This initiative rewards contributions that have a lasting positive impact on the Optimism ecosystem and the wider Ethereum network. The third round of the program, known as RetroPGF Round 3, was particularly notable for its scale and…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is a leader in news and information about cryptocurrencies, digital assets and the future of money. award-winning We are a media outlet that pursues and adheres to the highest standards of journalism. Strict editorial policy. November 2023, CoinDesk Acquisition Bullish Group Owner Bullish is a regulated institutional digital asset exchange. Bullish Group owns the majority of: Block One; both groups understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent…
total number XRP Token It recently burned down, marking an important milestone. This has raised questions about how much of an impact it has. this burn This may affect the value of XRP tokens in circulation. Interestingly, Ripple’s CTO David Schwartz said: Recently commented In this regard, he weighed in on whether the XRP burn could affect the token value. 12 Million XRP Now Out of Circulation data According to XRP scans, it just ended. 12 million XRP tokens It has now been burned and is no longer in circulation. This figure is only 0.012%. Total available supply of XRP,…
introduction Baby AGI Developed by Yohei Nakajima, BabyAGI is a pioneering autonomous AI-based task management system that leverages cutting-edge technology to automate a variety of tasks to streamline processes and increase efficiency across multiple applications. Baby AGI, like An AI-based agent was provided as an example developed in the Python language. The system uses OpenAI and vector databases such as Chroma or Weaviate to generate, prioritize, and execute tasks. The basic idea of this system is to generate tasks based on the results of previous tasks and predefined goals. The script then uses OpenAI’s natural language processing (NLP) capabilities to…
join us telegram A channel to stay up to date on breaking news coverage The price of Ethereum has risen 0.5% over the past 24 hours, trading at $2,607 as of 1:05 a.m. ET, with trading volume down 36%. This comes as Ethereum euphoria is fading after the hype around Ethereum exchange-traded funds (ETFs) was priced in. As things stand, the market has shifted its focus back to the Bitcoin ETF market. This is because the trading volume recorded by institutions reached the highest immediately after trading began. Trading volume exceeded $1.2 billion in 20 minutes and soared to $2…