Bitcoin ETF: How it could change the cryptocurrency game for traders | Eyes on the whole | dark side | January 2024The emergence of Bitcoin ETFs is a hot topic in the cryptocurrency world, providing a convenient way to invest in Bitcoin through traditional stock exchanges. There are two main types of Bitcoin ETFs: Spot Bitcoin ETFs and Bitcoin Futures ETFs. Approval and regulation of Bitcoin ETFs vary by jurisdiction, adding complexity and scrutiny to these investment vehicles. Bitcoin ETFs offer potential benefits such as accessibility, liquidity, reduced volatility, and diversification, but there are also potential risks to consider, including…
Author: Crypto Flexs
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Dubai, United Arab Emirates – January 10-11, 2024 The broad spectrum of future technologies is rapidly evolving. Fast as lightning. As the tech companies of the future begin to demand more from the cities they call home, investors are also embarking on an exciting journey. We seek the unparalleled opportunity to partner with forward-thinking companies that promise not only profits but also the opportunity to join a revolution where growth has no end. But the tech companies of the future will require regulation that evolves with technology adoption, low taxes that allow for pivots and rapid change, and access to…
DAI supply has steadily increased since the beginning of the year. MakerDAO saw a decline in fees and revenue in December. The supply of MakerDAO’s (MKR) stablecoin DAI hit a four-month low on December 31, 2023, before making a surprising rebound in the first week of 2024. Maker Bun showed it The supply of DAI was found to have plummeted to a low of 5.22 billion DAI on December 31, 2023. The last time it fell to that low was in September. This decline is due to a sideways movement in the price of Ethereum (ETH) as 2023 draws to…
Crypto analyst Michaël Van De Poppe recently made an optimistic prediction about the price of Ethereum against Bitcoin in the near future and mentioned the path on which this will happen. According to the analyst’s social media post, price action for the ETH/BTC pair in the coming months will be centered around the spot Bitcoin ETF, which will also be replaced by ETH in the forecast. Analyst predicts Ethereum price will rise 100% compared to Bitcoin Michaël Van De Poppe recently shared a chart of Ethereum’s price performance against Bitcoin (ETH/BTC pair) on a weekly basis via X. The price…
A study published by raised significant concerns. world economic forum (WEF) plans to announce in 2024 about the side effects that artificial intelligence technology can bring and the increased risks of quantum computing. The paper’s findings highlight the negative impacts of artificial intelligence on people, businesses, ecosystems, and the economy. These impacts include the spread of misinformation and disinformation, widespread distrust of facts and authority, and the spread of misinformation, in addition to significant disruption to the global job market. It is important to note that the role AI plays in data generation makes it more difficult to distinguish fact…
For many years, the financial world has been dominated by traditional forms of currency and banking. But in recent years, a new entity has emerged that is revolutionizing the way we think about money and finance. It is cryptocurrency. Rise of Cryptocurrency Cryptocurrencies, such as Bitcoin and Ethereum, are digital or virtual forms of currency that use encryption for security. Unlike traditional forms of currency, cryptocurrencies are decentralized. That is, it is not controlled by a central authority such as a government or central bank. This brought about numerous revolutionary changes in the financial world. Impact on Banking and Finance…
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…
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…