Vanguard has refused to offer a spot Bitcoin exchange-traded fund (ETF), arguing that high volatility is detrimental to long-term returns. Vanguard brokerage account holders were unable to purchase spot Bitcoin ETFs on the first day of U.S. trading. Company officials said it would be premature to do so due to extreme volatility in the cryptocurrency market. Vanguard’s customer service representative stated that Bitcoin ETFs could not be added to the platform because they were extremely uncertain, unsupervised, and inconsistent with the company’s long-term investment strategy. This comes just one day after the SEC approved 11. BTC ETF. A company spokesperson…
Author: Crypto Flexs
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Smart investors keenly monitor market indicators to proactively gauge potential changes. One such metric is MVRV. (realized value compared to market value) The ratio recently highlighted an interesting trend among five altcoins. These digital assets, which are currently showing high MVRV values, may experience a price correction due to a surge in profit-taking activity. Most overbought altcoins The MVRV ratio, which compares an asset’s market capitalization to its realized capitalization, provides a window into whether an altcoin’s price is in line with its “fair value.” When market capitalization exceeds realized capitalization, it is a sign that unrealized profits have reached…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Cardano could rise to $5. BONK rallies after being listed on the exchange. NuggetRush Pre-sale Now Available Cardano (ADA) has been attracting attention due to recent investor activity and market predictions. More than 14 million ADAs have been acquired in the past two weeks, leading some analysts to debate whether the projected valuation of $5.00 is realistic. There has also been increased interest in other altcoins such as NuggetRush (NUGX) and Bonk (BONK), with both projects showing promise. NuggetRush…
Posted 1 minute ago In ~ Art auction house Sotheby’s has opened bidding on a select Bitcoin ordinal collection.The auction, called “Natively Digital: An Ordinals Curated Sale,” features 19 works, including rare Satoshis, works by pioneering Bitcoin Ordinals artist Shroomtoshi, generative art, and items connected to Bitcoin Ordinals brand Taproot Wizards. Auction ends January 22nd at 2pm. “Just as Ordinals has seen explosive growth over the past year, this sale shines a spotlight on the incredible range of creative diversity found within the Bitcoin ecosystem,” Sotheby’s said in a press release. Sotheby’s First Bitcoin Ordinals SaleThe Block previously reported that…
OP_CHECKTEMPLATEVERIFY has once again become the focus of conversation about improving Bitcoin scaling. This time, more alternative designs for Covenant and real concrete designs utilizing CTV as scaling solutions (Timeout Trees and Ark) were proposed. The conversation includes much deeper concepts to consider in terms of alternatives that can be adopted and concrete proposals that CTV can enable. One narrative going around in the anti-CTV camp is that “CTV doesn’t scale Bitcoin.” Let’s interpret this to mean that CTV itself does not extend Bitcoin, but rather extends what can be built using CTV. If so, that is not a coherent…
The impact of artificial intelligence (AI) on the job market is becoming increasingly evident, especially in the software engineering field. A survey of 9,388 engineers conducted by Motherboard and Blind reveals the harsh reality. Nearly 90% of engineers now say it is harder to secure a job than in pre-pandemic times, with 66% saying “a lot has changed.” It’s harder.” This sentiment was reflected by only 6% of participants expressing confidence that they would be able to find an equivalent job if they lost their current position. This growing concern among engineers is consistent with broader trends in the technology…
BlackRock’s spot Bitcoin ETF launch was highlighted in an interview with CEO Larry Fink on CNBC. Fink, who previously expressed skepticism about Bitcoin, now sees it as a viable asset class, if not a potential currency. This change in position is consistent with BlackRock’s broader strategy to embrace technological advancements in the financial sector, primarily through ETFs and the eventual tokenization of financial assets.In a CNBC interview following the first day of trading for BlackRock’s Bitcoin ETF, Fink said that the perception of Bitcoin has changed significantly. Fink has advanced to view Bitcoin as an asset class similar to digital…
Cryptocurrencies have taken the world by storm, with Bitcoin leading the way as the most well-known digital currency. However, there are numerous cryptocurrencies with unique features and potential, and one that is gaining attention is CinderCoin. What is CinderCoin? CinderCoin is a new cryptocurrency that aims to revolutionize the way people trade and interact with digital assets. It is built on a secure and efficient blockchain platform and boasts advanced features that set it apart from other cryptocurrencies on the market. CinderCoin’s Hidden Potential CinderCoin may be relatively new, but it has shown tremendous potential to become a major player…
join us telegram A channel to stay up to date on breaking news coverage Cryptocurrency markets are surging on the back of the SEC’s historic approval of a spot Bitcoin ETF, with a new Bitcoin alternative, Bitcoin Minetrix, emerging as a potential beneficiary. Currently in the pre-sale phase, this innovative project has already raised over $8 million and is attracting strong interest from both seasoned and new investors. This early milestone positions Bitcoin Minetrix for a potential breakthrough following the approval of a game-changing ETF. $BTCMTX pre-sale heats up, raising over $8 million through a clever equity mining mechanism. Bitcoin’s…
Optimism has allocated a huge amount of tokens to encourage the growth of the community. Despite the positive developments, operating profit suffered from falling prices and increasing short positions. In a recent move demonstrating its commitment to community support, Optimism (OP) distributed 30 million OP tokens to contributors building public goods for the Optimism Collective. This strategic initiative aims to incentivize projects that drive interest and usability within the Optimism protocol. RetroPGF round 3 results are out! 30 million OP has been granted to contributors who build public goods that support the Optimism Collective. pic.twitter.com/f4KicSz99t — Optimism (@Optimism) January 11,…