Ethereum, the blockchain network known for its smart contract capabilities, is about to undergo significant changes. Co-founder Vitalik Buterin proposed a proposal that could boost the network’s capacity. In a recent Ask Anything session on Reddit, Buterin discussed the possibility of increasing Ethereum’s block gas limit by 33%. The proposal, which aims to increase the gas limit from 30 million to 40 million, marks a potential turning point for Ethereum. The Ethereum co-founder commented: Frankly, I still think it makes sense to modestly increase gas limits. Gas limits have not increased in almost three years. This is the longest in…
Author: Crypto Flexs
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Bitcoin price began another rise above the $46,500 resistance level. BTC cleared the $47,800 resistance and surged to $48,000 before a downtrend took place. Bitcoin peaked near $49,000 and corrected its upward trend. The price is trading above $45,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trend line forming with support near $45,900. A break below the $45,600 support could start a new downtrend for the currency pair. Bitcoin price faces rejection Bitcoin price attempted a new rise above the $46,800 and $47,200 levels. BTC cleared…
The recent launch of the Bitwise Bitcoin ETF (BITB) marks an important milestone in integrating cryptocurrencies into mainstream financial markets. On January 11, 2024, Bitwise Asset Management, known as the largest cryptocurrency index fund manager in the United States, began trading BITB, the first spot Bitcoin ETF. This event opens a new era of investment options for U.S. investors, providing an accessible path to invest in Bitcoin through traditional, regulated exchange-traded funds (ETFs). BITB: Low Cost Investment Vehicle One of BITB’s most notable features is its management fee structure. Initially set at 0.20%, the fee is currently one of the…
Grayscale Investments launched a cover call Bitcoin exchange-traded fund (ETF), with the spot Bitcoin ETF being approved among 11 applications approved by the U.S. Securities and Exchange Commission (SEC) on January 10. I applied. What exactly is included in a covered call Bitcoin ETF, and does it represent a safer or riskier investment for investors? Grayscale applies for covered call Bitcoin ETF On January 10, the SEC delivered positive news to the cryptocurrency community by approving applications for 11 spot Bitcoin ETFs from well-known U.S. asset firms. This expands accessibility for investors who are new to cryptocurrencies but prefer traditional…
Ethereum price rose above the $2,600 resistance level. ETH is outpacing Bitcoin and maintaining its upward trend above the $2,580 support level. Ethereum extended its gains above the $2,650 resistance zone. The price is trading above $2,550 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $2,590. A decline below the $2,580 support could trigger a downward correction. Ethereum price, more attention on the rise Ethereum price remained in positive territory above the $2,500 resistance line. ETH outperformed BTC and rose above the $2,650 resistance zone.…
Bitwise Asset Management, the largest U.S. cryptocurrency index fund manager, announced the launch of the Bitwise Bitcoin ETF (BITB), which will begin trading on January 11. This new ETF joins Bitwise’s family of 18 cryptocurrency investment products and trades on NYSE Arca under the ticker BITB. The management fee is 0.20%, and for the first $1 billion in assets, the fee is set at 0% for the first six months. Additionally, Bitwise will donate 10% of BITB profits to non-profit organizations that fund Bitcoin open source development. Founded in 2017, Bitwise is currently a partner to over 1,800 advisory teams,…
Posted 1 minute ago In ~ US investment app Robinhood presentation Starting today, 11 spot Bitcoin exchange-traded funds are now available for use in both retirement and brokerage accounts. “We believe that cryptocurrencies are the financial framework of the future and have become more accessible. Bitcoin BTC -0.86% Having ETFs is a good thing for the industry.” Johann Kerbrat, general manager of Robinhood Crypto, said in a statement. Investment platform CEO Vlad Tenev said on Wednesday: The “milestone” approval from the Securities and Exchange Commission opens the door to better risk management for clients when it comes to managing their…
XRP and Stellar (XLM) are two cryptocurrencies that have been consistently compared in terms of price growth and development. Both digital assets are dedicated to promoting cross border transactions. Considering the significant similarities, Ripple’s Chief Technology Officer (CTO) said: david schwartz We attempted to uncover the factors contributing to the persistent price correlation between cryptocurrencies. Ripple CTO explores XRP and XLM price trends Schwartz recently X (formerly Twitter) shares a chart showing a strong correlation in price movements and patterns between XRP and XLM tokens. In response to X users Expressing curiosity about the similar price trends between the two…
In the digital age, the concept of ownership has undergone significant changes. As digital assets proliferate and the importance of data ownership increases, it becomes important to have reliable and secure systems for establishing and protecting digital ownership. This is where BitMark becomes a game-changer in the world of digital ownership. What is a bitmark? BitMark is an innovative technology that leverages blockchain and smart contracts to establish and protect digital ownership. It provides an immutable, distributed ledger that records and verifies ownership of digital assets, including digital art, music, photos, videos, and more. BitMark leverages blockchain technology to ensure…
For online casino players, it is important to have a variety of payment options. Over the past decade, cryptocurrencies have become an increasingly preferred payment method.But that’s not the only thing players look for in online casinos. It’s also important to have a variety of games, including slots, table games, and live dealer games. You can check fruit slots To get an idea of the types of slots available:In this article, we will look at how cryptocurrencies are used in online casinos. Read on to learn more about this exciting technology.What is cryptocurrency?Cryptocurrencies are digital currencies that use encryption to…