According to FOX Business’ Eleanor Terrett and Charles Gasparino, the U.S. Securities and Exchange Commission (SEC) convened today with applicants seeking approval for a Bitcoin spot exchange-traded fund (ETF), making an important development.Terrett said a source present at the meeting said the SEC was “making sure everyone is generating cash” and had “asked issuers to remove any hint of in-kind redemptions from their filings.” This meeting is of utmost importance amid ongoing discussions and evaluations regarding the approval of the ETF.Terrett’s post hinted at the collaborative nature of the meeting, suggesting an effort to get all stakeholders on the same…
Author: Crypto Flexs
Read More
In recent years post At X, independent Ethereum educator Sassal is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signs that the “death of ETH” narrative is losing steam. This is why, in Sassal’s view, more ETH is purchased ahead of the expected bull market. Ethereum Bulls Confident, ETH Resistance $2,400 Independent Ethereum educators taking an optimistic stance appear confident that Ethereum’s fundamentals are strong. More importantly, the analyst is confident that the network is well-positioned to capitalize on the growing demand for protocols, including those providing decentralized finance (defi) and…
Lately, seasoned financial analyst and trader Peter Brandt has been speaking increasingly on cryptocurrency assets, with a particular focus on Bitcoin and Ethereum. On December 21, 2023, Brandt reaffirmed his position on the Bitcoin rewards halving scheduled for April 2024. He argues that halving is overly sensationalized and will only have a temporary effect on the price of Bitcoin. Veteran trader Peter Brandt dismissed the Bitcoin halving buzz as overblown frenzy. At the end of July 2023, Peter Brandt had already communicated his views, dismissing the upcoming Bitcoin halving as an unimportant “non-event”. He reiterated this view on Thursday when…
Haun Ventures, a digital asset investment firm led by former U.S. federal prosecutor Katie Haun, is expanding its policy-focused advisory team to startups as its chief policy officer steps down. Block confirmed.Tomicah Tillemann, who previously served as head of global policy at a16z, will leave her full-time job and join the nonprofit next year. According to his biography, Tillemann is best known for his work in Washington, both at the White House and throughout U.S. Senate and congressional campaigns. He joined the State Department in 2009 and served as a speechwriter for then-Secretary of State Hillary Clinton. Despite these changes,…
Financial fraud has been a part of the trading business since its inception. If you were unfortunate enough to be on the wrong side of an insurance contract with Hegestratus, he would have you insure the cargo of corn on his ship. He would then remove the corn, sell the corn, sink the ship, and collect his payment. The year was 300 B.C. Hegestratus was caught in the act and drowned after being chased by his angry victims. This represents the limitations of the times. Hegestratus had to carry out the fraud himself. In the digital age, fraud has become…
Ethereum developers tentatively decided on January 17, 2024 for the first testnet deployment of the upcoming “Dencun” upgrade at their latest bi-weekly development meeting on December 21.The ‘Dencun’ upgrade, originally scheduled for the fourth quarter of 2023, was postponed to 2024 due to engineering complexity.Tim Beiko, head of protocol support at the Ethereum Foundation, noted that the date is not set in stone and could change if major issues arise. The team aims to release a blog post detailing the fork the week of January 8, 2024, giving stakeholders a week to prepare for the update.Dencun Upgrade TimelineThe meeting presented…
In today’s cryptocurrency market, while the usual headliners, Bitcoin and Ethereum, are seeing steady gains, there is a buzz of excitement surrounding altcoins. Beyond the realm of BTC and ETH, the total market capitalization of these digital assets is at a critical point where their potential is boiling over. What’s interesting is the alignment of the stars in the cryptocurrency world. Both MACD and RSI indicators are hinting at a bullish trend on the weekly charts. And the US Dollar Index (DXY) is trending downward, which is often good news for risky assets like BTC and altcoins. So what is…
Bitcoin Lightning Network payment solutions provider Amboss Technologies has launched “ghost addresses,” a new type of Lightning address that allows users to manage them directly rather than relying on a dominant custodial wallet.The Lightning Network operates as a two-way payment channel network based on the Bitcoin blockchain and is designed to enable fast and cost-effective micropayments.Lightning Address provides a user-friendly email format for receiving payments on the Bitcoin Lightning Network, such as “(email protected)”. Simplifies the process of receiving payments by providing static, reusable addresses so users don’t have to create individual Lightning invoices for each transaction. Lightning addresses are…
Altcoins that focus on anonymity or privacy enhance user security and provide additional protection from unwanted parties with their cryptocurrency transaction information. On the other hand, these payment gateways are often criticized for being illegal money transfer services. So does that mean we should get rid of privacy coins like Zcash?Our guide will tell you everything about conversion ZEC to BTCIncludes the best exchange platforms for price predictions and trading. Here are our thoughts on whether converting Zcash to Bitcoin is a good idea.What is ZEC?Zcash is a payment service that provides anonymous, decentralized transfers. It was launched as a…
December 21st Bitfinex Alpha | Bitcoin Rise in 2024, But Not in a Straight Line Posted at 16:50h On Bitfinex Alpha Posted by Tammy As we head into 2024, our outlook for Bitcoin and cryptocurrency assets in general remains very positive. If 2023 has proven anything, it is Bitcoin’s remarkable resilience despite reputational and regulatory challenges. However, this does not mean that it is a straight line from here. We note that a downtrend is very likely based on past market behavior. With the total market capitalization of the cryptocurrency market reaching approximately $1.6 trillion, we believe the asset value…