Market • December 15, 2023 10:26 AM EST Posted 1 minute ago In ~ Episode 105 of The Scoop Season 5 was recorded as follows: The Block’s Frank Chaparro and Bloomberg Intelligence ETF research analyst James Seyffart.Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).James Seyffart is an ETF research analyst at Bloomberg Intelligence.In this episode, Seyffart shares why he believes approval of a Bitcoin spot ETF is imminent and how the market will react to this news.Grayscale Investments’…
Author: Crypto Flexs
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A widely respected analyst is updating his outlook for Bitcoin (BTC) as the cryptocurrency reaches its all-time high of around $43,000. Pseudonymous cryptocurrency trader Kaleo says Social media platform X’s 611,000 followers believe Bitcoin will reach a new all-time high (ATH) sooner than previously thought. He now believes that BTC will reach ATH by the middle of next year. “Slowly but surely this is happening. One adjustment I would make to the paper here is that I would not be shocked to see a new Bitcoin ATH slightly earlier than stated in the original paper (mid-2024 rather than late 2024/early…
Recent reports have revealed an important upcoming event where a significant amount of tokens will expire. Bitcoin (BTC) and Ethereum (ETH) options contracts. Bitcoin and Ethereum Options Contracts Expiring Global options trading service platform Greeks.live via X (formerly Twitter) share Data on expiration of cryptocurrency assets. According to the platform, approximately 37,000 BTC options with a notional value of $1.58 billion are scheduled to expire. Additionally, Bitcoin’s current put-call rate is “Maxpain” points hit 1.02 with $42,000. Meanwhile, for Ethereum, data shows about 268,000 options worth $610 million are set to expire soon. Additionally, the current put-call rate is For…
io.net wins prestigious gold medal at 2023 Inventions Asia Awards for GPU Internet – Chainwire housenewsroomio.net wins prestigious gold medal at 2023 Inventions Asia Awards for GPU Internet We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…
The U.S. Securities and Exchange Commission (SEC) is taking a “new look” at applications for spot Bitcoin ETFs following October’s landmark court ruling on Grayscale’s application to convert Grayscale Bitcoin Trust (GBTC) into an ETF. I’m doing it.In an interview with CNBC On Thursday, Gensler said regulators were reviewing “eight to 12 filings.”“In the past, we have denied many of these applications, but the courts here in the District of Columbia have weighed in on them,” Gensler said. “So we are taking a fresh look at this issue based on the court ruling.”As SEC chairman, Gensler said, “I’m not going…
XRP has surprised many by rising more than 85% since the start of 2023, easily outpacing Bitcoin’s gains. And according to some cryptocurrency analysts, the party may have just begun. We predict that the approaching “golden cross” chart pattern could propel XRP into parabolic growth territory. key point Analysts are predicting a potential “golden cross” chart pattern for XRP, which could indicate a bullish trend and parabolic price rise. Short-term forecasts suggest that XRP could rise to $0.88 by New Year’s Eve. Positive overall cryptocurrency market conditions support potential XRP growth, with assets such as BTC and ETH hitting yearly…
The SafeMoon token, affiliated with decentralized finance protocol SafeMoon (SFM), experienced a steep 31% drop in five hours after the company filed for Chapter 7 bankruptcy. The formal filing for “liquidation bankruptcy,” as recorded in the U.S. Bankruptcy Court for the District of Utah, occurred on December 14. Attorney Mark Rose filed a voluntary petition, and Chief Judge Joel T. Marker was assigned to the case.A letter purportedly written by the company’s chief restructuring officer was released on Reddit, citing bankruptcy as the reason for its inability to pay employee wages prior to filing. The letter instructed employees to file…
reporter Posted on: December 15, 2023 The price of AVAX has risen significantly over the past week. Its current market capitalization has surpassed DOGE. The price of Avalanche (AVAX) has risen nearly 50% over the past seven days, surpassing all other major cryptocurrency assets and displacing Dogecoin (DOGE) as the 9th largest cryptocurrency by market capitalization. At press time, the altcoin was trading at $40 and had a market capitalization of $14.64 billion. According to CoinMarketCap’s DOGE followed with a market capitalization of $13.76 billion, according to the data. What is your favorite altcoin? While the rest of the market…
Today, Bitcoin exchange River unveiled its latest product, River Link, which aims to transform the way Bitcoin is sent and received on a global scale. River Link facilitates the seamless transfer of Bitcoin via text message, providing users with a simple, user-friendly experience that eliminates the complexities associated with Bitcoin transactions.Traditionally, sending Bitcoin to a new user involves creating and exchanging a public address, a process that can be cumbersome for non-technical users. River Link seeks to overcome these challenges by leveraging the widespread use of social media websites such as Facebook, Instagram, Snapchat and TikTok, as well as messaging…
Layer 1 • December 15, 2023 9:00 AM EST Namada, a privacy-focused layer 1 blockchain, has introduced an incentivized testnet that rewards participants with 3% of the total supply.This testnet campaign, called “Namada Shielded Expedition,” is a multiplayer role-playing game that will be released ahead of the privacy protocol’s mainnet launch in early 2024.Namada’s testnet allows participants (validators and users) to test the network against consensus (CometBFT) algorithm and Sybil resistance by participating in competitive games. The goal is to enable participants to leverage Namada’s capabilities to support asset-agnostic privacy ahead of mainnet launch.Participants will participate in an “Asteroid Mining…